SILVER PALM DRIVE, Indian Lake Estates, FL, 33855 | $29,999

Build your dream home on this stunning vacant lot that is nestled in the welcoming lake community of Indian Lake Estates, a hub for golfing, fishing, and boating in the heart of Florida. This property offers a picturesque view of a freshwater spring-fed pond with a sandy beach. Enjoy access to both the pond and Lake Walk in Water. Indian Lake Estates sits about 20 miles east of Lake Wales, encircling the renowned 7, 500-acre Lake Walk In Water, famous for its exceptional fishing and hailed as one of Florida's top bass fishing spots.
The lake features a beach, a boat ramp, a marina, and boasts the longest freshwater fishing pier in the state. At the pier's front, you'll discover a pavilion equipped with propane grills and covered picnic tables, perfect for gatherings. The community amenities are extensive, including an 18-hole golf course, basketball and tennis courts, a spacious 23, 000 sq. ft. clubhouse, a cafe, post office, churches, a library, fitness room, and pro shop. If you cherish nature and the tranquility of country living, you’re in for a treat. The area is teeming with wildlife; keep an eye out for deer, raccoons, turkeys, turtles, cranes, and a variety of birds that call this community home. Orlando and Disney are just an hour’s drive north, while Tampa, Busch Gardens, and the pristine beaches of the Gulf are a bit over an hour to the west. You’ll also find the historic Bok Tower, a National Landmark, in nearby Lake Wales. And just six miles away, the Westgate River Ranch Resort and Rodeo offers a taste of authentic Florida with a full-service resort experience, spanning 1, 700 acres. Here, you can enjoy horseback riding, wildlife airboat and swamp buggy rides, a championship rodeo on Saturday nights, a trap/skeet range, nature hikes, a petting farm, a marina, and an Adventure Park with zip lines and rock climbing walls. Dining options include the Westgate Smokehouse Grill and River Ranch Saloon, along with a fantastic selection of cowboy-themed accommodations, from lodge rooms and deluxe suites to spacious cottages and deluxe teepees. Come experience the charm of Indian Lake Estates—Polk County’s best-kept secret!

Features

  • Amenities: Basketball Court, Clubhouse, Fitness Center, Golf Course, Pickleball Court(s), Tennis Court(s)
  • Lot Size: 120 x 253
  • Pet Policy: Yes
  • MLS#: P4937639
  • Days on Market: 26 days
  • Website: https://www.raveis.com
    /prop/P4937639/silverpalmdrive_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 2/28/2026 3:06:41 AM)
Listing courtesy of KB REALTY TEAM LLC   Phone: 813-434-7013

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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SILVER PALM DRIVE, Indian Lake Estates, FL, 33855

$29,999

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 $23,999 $23,999 $23,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 5.875% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.112% 6.520% 5.415%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $133 $142 $191
Total Monthly Payment $208 $217 $266

* 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.