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1017 PORTULACA DRIVE

Lots/Land For Sale
$15,000

BTC: 0.17381228

ETH: 5.66037736

51 days
0 room(s)

Overview

Discover the perfect setting to build your custom Florida retreat on this spacious ½-acre homesite in the desirable community of Indian Lake Estates. Whether you're looking for a full-time residence, seasonal getaway, or investment for the future, this property offers the ideal combination of peaceful country living and outstanding recreational amenities. Nestled around the renowned 7,500-acre Lake Walk-in-Water, one of Florida's premier trophy bass fishing lakes, Indian Lake Estates is a hidden gem for outdoor enthusiasts. Residents enjoy access to a private marina, boat launch, sandy beach, and the longest freshwater fishing pier in Florida, making every day feel like a vacation. Beyond the lake, the community features an impressive array of amenities, including an 18-hole golf course, expansive clubhouse, fitness center, library, café, pro shop, tennis and basketball courts, post office, churches, and numerous social activities throughout the year. Nature lovers will appreciate the abundance of wildlife, including deer, sandhill cranes, wild turkeys, turtles, and a variety of Florida native birds and more. The community has a Low one time a year home owners association fee of $396.27 for 2026. Conveniently located approximately 20 miles east of Lake Wales, you'll enjoy a tranquil setting while remaining within about an hour of Orlando's world-famous attractions, Disney, Tampa, and Florida's beautiful Gulf Coast beaches. If you've been searching for an affordable homesite in a welcoming community with exceptional amenities and endless outdoor recreation, this is an opportunity you won't want to miss. Builder recommendations available for single family homes as no mobile homes are allowed, call today for more information and to make this beautiful lot yours.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.50 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$396

Valuation

Our model vs. what's actually selling nearby.
Estimate
$68,000
$55K – $95K
Confidence Low
List vs. estimate
$53K below estimate
List $15,000 · -77.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
94 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$105
2025
HOA
$396/yr
Other
View
Trees/Woods
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.50 Acres

    Other Property Information

    • Parcel Number: 293113994090030516

    • Zoning: PUD

  • Type and style

    • Property Type: Land

  • Utility

    • Other

  • Other financial information

    • HOA: $396

    • HOA Frequency: Annually

    • Annual tax amount: $106

  • Source details

    • MLS ID: A4701724

    Other facts

    • Lot Features: Rural

    • Water Source: Well Required

    • Lot Size Dimensions: 105 x 208

    • Subdivision Name: INDIAN LAKE ESTATES UNIT 09 REV

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Market around this address

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ALLISON JAMES ESTATES & HOMES