18 Palmetto DRIVE, Indian Lake Estates, FL, 33855 | $89,000

Come build your forever home on this one-half acre CANAL lot that located in the lake community of Indian Lake Estates, a golfing, fishing and boating community in the center of Florida. This lot is on the first canal from the lake. You can be out on Lake Walk in Water fishing in just minutes! Indian Lake Estates is about 20 miles east of Lake Wales. The community surrounds the 7, 500 acre lake locally known as Lake Walk In Water, nationally known for its fishing and considered to be one of the best bass fishing lakes in all Florida. The lake has a beach, boat ramp, boat marina and the longest freshwater Fishing pier in the State of Florida. The pavilion is located at the front of the pier and is complete with propane grills and covered picnic tables. The community amenities include an 18-hole golf course, basketball and tennis courts, 23, 000 sq. ft. clubhouse, cafe, post office, churches, library, fitness room and pro shop. If you love nature and the peace and quiet of the country you're in luck. Wildlife is plentiful! You will see deer, raccoon, turkey, turtles, cranes and various species of birds that call Indian Lake Estates their home. Orlando and Disney is only about an hour's drive north and Tampa, Busch Gardens, and the Gulf's pristine beaches only a little over an hour west. Historic Bok Tower, a National Landmark, is in nearby Lake Wales. The Westgate River Ranch Resort and Rodeo is just six miles away. An authentic Florida dude ranch and full-service resort offering guests the opportunity to experience "Old Florida. " Encompassing 1, 700 beautiful acres, Westgate River Ranch features horseback riding, wildlife airboat and swamp buggy rides, Saturday night championship rodeo, trap/skeet range, nature hikes, petting farm, marina, Adventure Park with zip line and rock climbing wall, Westgate Smokehouse Grill and River Ranch Saloon and much more. Cowboy-themed accommodations range from ranch-themed lodge guestrooms and deluxe lodge suites to spacious cottages, two-bedroom cabins, Glamping and Luxe Teepees. Come out and see how great life can be at Indian Lake Estates! Polk County's best kept secret.

Features

  • Lot Size: 145 x 150
  • HOA Fee: $376 Annually
  • Pet Policy: Yes
  • MLS#: T3548271
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/T3548271/18palmettodrive_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 11/10/2024 6:32:08 PM)
Listing courtesy of SIGNATURE REALTY ASSOCIATES   Phone: 813-689-3115

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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18 Palmetto DRIVE, Indian Lake Estates, FL, 33855

$89,000

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 $71,200 $71,200 $71,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.042% 6.160%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $474 $468 $600
Total Monthly Payment $549 $543 $675

* 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.