508 ORCHID DRIVE, Indian Lake Estates, FL, 33855 | $12,000

Imagine building your dream home on this breathtaking half-acre lot in the vibrant lake community of Indian Lake Estates! This place is a true paradise for golf enthusiasts, fishing aficionados, and boating lovers right in the heart of sunny Florida. Indian Lake Estates is located on the magnificent 7, 500-acre Lake Walk-In-Water, famous for being one of the top bass fishing destinations in the state. With a beach, a boat ramp, and a marina, it’s a dream come true for outdoor lovers. Plus, the lake features the longest freshwater fishing pier in Florida, where you’ll find a lovely pavilion with propane grills and picnic tables, perfect for fun-filled gatherings! The community is packed with fantastic amenities, including an impressive 18-hole golf course, basketball and tennis courts, and a sprawling 23, 000 sq. ft. clubhouse. You’ll also find a café, a post office, churches, a library, a fitness room, and a pro shop. If you’re a nature lover seeking the peacefulness of country living, this area is bursting with wildlife! Keep your eyes peeled for deer, raccoons, turkeys, turtles, cranes, and a variety of beautiful birds that call this community home. And there’s more! Just an hour’s drive north, you can explore all that Orlando and Disney have to offer, while to the west, Tampa, Busch Gardens, and the stunning Gulf beaches await you. Don’t forget to check out the historic Bok Tower, a National Landmark, located in nearby Lake Wales. For a taste of authentic Florida adventure, the Westgate River Ranch Resort and Rodeo is only six miles away! Spanning 1, 700 acres, this full-service resort offers horseback riding, wildlife airboat and swamp buggy rides, and a thrilling championship rodeo every Saturday night. Enjoy a variety of activities like trap and skeet shooting, nature hikes, and visiting their petting farm. Plus, there’s a marina and an Adventure Park featuring zip lines and rock climbing walls! When it comes to dining, indulge in the Westgate Smokehouse Grill and River Ranch Saloon, alongside amazing cowboy-themed accommodations from lodge rooms and deluxe suites to spacious cottages and deluxe teepees. Come and discover the charm of Indian Lake Estates – it’s Polk County’s best-kept secret waiting just for you!

Features

  • Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Golf Course, Pickleball Court(s), Playground, Tennis Court(s)
  • Lot Size: 100 x 218
  • Pet Policy: Yes
  • MLS#: P4938583
  • Days on Market: 41 days
  • Website: https://www.raveis.com
    /prop/P4938583/508orchiddrive_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 7/7/2026 6:12:08 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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508 ORCHID DRIVE, Indian Lake Estates, FL, 33855

$12,000

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 $9,600 $9,600 $9,600
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.866%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $58 $61 $79
Total Monthly Payment $133 $136 $154

* 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.