6589 BANYAN DRIVE, Indian Lake Estates, FL, 33855 | $450,000

Calling all boaters and fishing enthusiasts! This is the opportunity you've been waiting for in the sought-after, gated community of Indian Lake Estates. We are thrilled to present this 2-bed, 2-bath home where the lifestyle is all about the water! The absolute number one feature is your very own private dock and boat lift, offering direct canal access to the renowned Lake Weohyakapka. Affectionately known as "Lake Walk-In-Water, " this is Polk County's largest lake—a pristine, 7, 500-acre spring-fed body of water nationally recognized as one of Florida's premier trophy bass fishing destinations. Imagine spending your mornings fishing for largemouth bass from your own backyard dock and your evenings enjoying those beautiful lake views right from your front yard. The 2-bedroom, 2-bath home provides a wonderful foundation, ready for you to infuse with your personal style and create the perfect lake retreat. But this opportunity isn't just about your private water access. You are also joining the quiet, and beautiful community of Indian Lake Estates, where you can enjoy an 18-hole championship golf course, a 23, 000-square-foot clubhouse with a restaurant and fitness center, tennis and pickleball courts, and the community's own boat ramp and marina. Don't forget, you also have access to Florida's largest freshwater pier for even more fishing and recreation. This is all about securing an amazing location and the water-centric lifestyle at an unbeatable value. This property is priced perfectly to give you the freedom to bring your unique vision to life. Plus, its desirable rural location may make this home eligible for special $0 down financing through a USDA loan! Other fantastic options like FHA and VA loans are also available, making this opportunity even more attainable. If you've been searching for affordable, direct water access in a premier Polk County community, you truly won't find a better opportunity!

Features

  • Rooms: 9
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 145 x 150
  • Laundry: Electric Dryer Hookup, In Garage
  • Year Built: 1985
  • Garage: 2-car
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,634
  • Acreage: 0.5
  • Lot Size: 145 x 150
  • Est. Taxes: $1,642
  • HOA Fee: $385 Annually
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: TB8370890
  • Days on Market: 222 days
  • Website: https://www.raveis.com
    /prop/TB8370890/6589banyandrive_indianlakeestates_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/6/2025 8:32:27 PM)
Listing courtesy of EXP REALTY LLC   Phone: 888-883-8509

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

6589 BANYAN DRIVE, Indian Lake Estates, FL, 33855

$450,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $360,000 $360,000 $360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.521% 6.304% 5.648%
Monthly Tax Payment $137 $137 $137
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,101 $2,187 $2,918
Total Monthly Payment $2,313 $2,399 $3,130

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.