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Build your dream home on this . 50-acre lot located in the peaceful community of Indian Lake Estates, just 20 miles east of Lake Wales in Central Florida. This property is ideally positioned as the fourth lot west of the intersection of Orange Avenue and Oleander Drive and backs up to a greenway, offering added privacy and natural views. The lot is not located in a flood zone.
Indian Lake Estates is a well-established golf, fishing, and boating community centered around Lake Walk-In-Water, a 7, 500-acre lake known for premier bass fishing. Community amenities include a private boat ramp, beach access, and the longest freshwater fishing pier in the state with pavilion, grills, and picnic areas. Additional amenities feature an 18-hole golf course, tennis and basketball courts, a 23, 000-square-foot clubhouse, café, library, post office, churches, fitness center, and pro shop.
Conveniently located within an hour of Orlando, Disney attractions, Tampa, Busch Gardens, and Gulf Coast beaches. Nearby Lake Wales offers shopping, dining, and attractions such as Bok Tower Gardens. Westgate River Ranch Resort & Rodeo is approximately 6 miles away.
Ideal for a primary residence, seasonal home, or investment opportunity in a quiet, nature-filled setting.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$12,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $9,600 | $9,600 | $9,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $57 | $59 | $78 |
| Total Monthly Payment | $132 | $134 | $153 |
* 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.