Discover the perfect opportunity to build your dream home on this spacious half-acre lot in the vibrant lakefront community of Indian Lake Estates. Located in the heart of Florida, Indian Lake Estates offers an unparalleled lifestyle for those who enjoy golfing, boating, and fishing. Situated approximately 18 miles east of Lake Wales, this community is nestled around the 7, 500-acre Lake Weohyakapka, (aka Lake Walk-in-Water) renowned for its world-class bass fishing and considered one of the best fishing destinations in Florida. The lake features a beach, boat ramp, marina, and the longest freshwater fishing pier in the state. Adjacent to the pier is a pavilion equipped with propane grills and covered picnic areas, perfect for family gatherings.
Residents enjoy a wide range of amenities, including 2 golf courses, (18 hole and 9 hole), lake pavilion with restrooms, pickleball, basketball and tennis courts, marina with floating docs, 20 boat slips, a 23, 000 sq. ft. clubhouse, café, post office, library, fitness center, and pro shop. Nature lovers will appreciate the abundant wildlife, with frequent sightings of deer, raccoons, turkeys, cranes, and a variety of bird species that inhabit the area.
Indian Lake Estates is ideally located just an hour from the rolling waves of Vero Beach, an hour's drive from all the exciting Orlando attractions, including Walt Disney World, Epcot, MGM Studios and Universal Studios and a about an hour fifteen from Tampa’s entertainment like The Hard Rock Casino, Busch Gardens and the pristine beaches of the Gulf Coast. For local outings, the historic Bok Tower Gardens in Lake Wales and the Westgate River Ranch Resort & Rodeo, offering authentic "Old Florida" experiences, are both nearby.
Come and experience the peace and tranquility of Indian Lake Estates—a perfect blend of natural beauty, recreational activities, and convenient access to Florida's major cities. Make this your forever home and see how exceptional life can be in this lakeside paradise!
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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
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** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $64 | $64 | $81 |
Total Monthly Payment | $139 | $139 | $156 |
* 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.