12
Map
$29,000
↓ $6K (17.1%)
●
Land -
For Sale
2 LAGUNA DRIVE
INDIAN LAKE ESTATES, FL 33855
Studio
0 Bath
$181
Est. Monthly
$27
HOA / Fees
About This Property
** Just reduced to 29K** 1/2 ACRE RESIDENTAIL LEVEL LOT. Build your
dream home or hold for appreciation in price, in the lake front
community of Indian Lake Estates. State of the art 18 hole
professional golf course with gorgeous community center with bar
and restaurant. Other amenities like basketball & tennis courts,
23,000 sq.ft. clubhouse, cafe, post office, churches, library,
fitness room and a golf pro shop. This is a fishing & boating
community in the heart of Florida. Indian Lake Estates is 15
minutes east of Lake Wales. This gated community is 7,500 acre lake
locally known as Lake Walk In Water, considered to be one of the
best bass fishing lakes in all Florida. The lake has luxuries such
as a quaint beach, boat ramp, boat marina & the longest freshwater
Fishing pier in the State of Florida. The picnic pavilion is
located at the front of the pier & is complete with propane grills
& covered picnic tables. Short driving distance to Vero Beach and
Lego Land. Orlando and Disney are an hour North. Tampa & Busch
Gardens, are just over an hour West.
Unit Size
-
Days on Market
215 days
Land Size
0.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
$11
HOA Dues
$27
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Stellar MLS #O6391650)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2026 | Price Decreased |
$29,000
↓ $6K
(17.1%) | |
| Price Decreased | |||
| Mar 17, 2026 | Listed by BEST ORLANDO LIVING REALTY | $35,000 | |
| Listed by BEST ORLANDO LIVING REALTY | |||
| Apr 1, 2025 | Listed | $32,000 | |
| Listed | |||
| | |||
|
/2 ACRE RESIDENTAIL LEVEL LOT. 145 feet water frontage. Build your dream home or hold for appreciation in price, in the lake front community of Indian Lake Estates. State of the art 18 hole professional golf course with gorgeous community center with bar and restaurant. Other amenities like basketball & tennis courts, 23,000 sq.ft. clubhouse, cafe, post office, churches, library, fitness room and a golf pro shop. This is a fishing & boating community in the heart of Florida. Indian Lake Estates is 15 minutes east of Lake Wales. This gated community is 7,500 acre lake locally known as Lake Walk In Water, considered to be one of the best bass fishing lakes in all Florida. The lake has luxuries such as a quaint beach, boat ramp, boat marina & the longest freshwater Fishing pier in the State of Florida. The picnic pavilion is located at the front of the pier & is complete with propane grills & covered picnic tables. Short driving distance to Vero Beach and Lego Land. Orlando and Disney are an hour North. Tampa & Busch Gardens, are just over an hour West.
| |||
| Oct 1, 2021 | No longer available | - | |
| No longer available | |||
| Sep 21, 2021 | Listed by SIGNATURE REALTY ASSOCIATES | $16,000 | |
| Listed by SIGNATURE REALTY ASSOCIATES | |||
| | |||
|
Indian Lakes Estates offers Year-around swimming, fishing, and boating on Lake Walk-In-Water. Enjoy sunny Florida! Great Lake breezes, sun, and community fun! This 1/2 acre lot gives you plenty of room for building your Florida custom retreat. Community Amenities include: Community Boat Ramp, Community Dock, Clubhouse, Gated Community, Water Access, and Golf (See community HOA for fees), etc. Check out all Indian Lake Estates has to offer here: https://www.indianlakeestates.net/
| |||
Property Highlights
Exterior Details
Building Area Units: Square Feet
Lot Size Area: 26162
Lot Size Units: Square Feet
Lot Size Acres: 0.6
Lot Size Square Feet: 26162
Lot Size Dimensions: 120 x 218
Tax Lot: 1
Water Source: Canal/Lake For Irrigation
Financial Details
Tax Annual Amount: $131
Utilities Details
Sewer : Septic Needed
Location Details
HOA Fee: $325
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indian Lake Estates
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Listed by: Ataul Haq
BEST ORLANDO LIVING REALTY
Last Updated: 5 months ago
Data Source: Stellar MLS, MLS# O6391650
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
BEST ORLANDO LIVING REALTY
Last Updated: 5 months ago
Data Source: Stellar MLS, MLS# O6391650
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