0 Magnolia DRIVE, Indian Lake Estates, FL, 33855 | $19,500

Go boating and golfing in your own neighborhood! Boat, fish, golf, repeat in this easy access community. You have full access to a huge spring-fed lake, nationally known for trophy largemouth bass, and TWO golf courses (9 & 18, either annual membership, or lowest daily fees in the area). The clubhouse has a restaurant, ballroom and pro shop as well as shuffleboard courts, tennis courts, and a driving range all for your enjoyment. Even a nearby skydiving center offers year-round skydiving thrills at the Lake Wales Airport.

Where else will you find this much land with these amenities for less? Located in Indian Lake Estates in Central Florida, it's Polk County's best kept secret. Rural gated community with churches, post office and more. Wildlife is plentiful, too. You will see deer, raccoon, turkey, turtles, cranes and various species of birds that call Indian Lake Estates their home.

Buy low. The secret is out, and prices are going up due to new construction and increasing relocations to Florida. Great lots like this don't last. Invest today for your children's future or treat your inner child with this ideally located inexpensive building lot.

Easy ownership as low as 1500 down and 297 closing expenses.

Park your RV behind your house. Bring your boat! The marina on the 7, 528-acre lake has docking facilities, a pavilion and boat ramp and a 1200-foot pier that is the longest freshwater pier in the State of Florida. Drive your golf cart to the club house and restaurant. Only 1. 5 hours to either coast for getaways. Fly the family in for Orlando theme parks. No time limit to build until you apply, then six months. No mobile homes, must be block construction.

DISCLAIMER: Buyer is responsible for verifying all information with the County as to what can and can't be done with the property. Buyer will need to work with the County to obtain the proper permits if needed. Buyer to confirm the availability of any utilities needed or serviced on the property. Seller makes no warranties or representations about the land, its condition, or what can be built on the property.

Features

  • Lot Size: 100 x 218
  • HOA Fee: $384 Annually
  • Pet Policy: Yes
  • MLS#: A4627530
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/A4627530/0magnoliadrive_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 11/21/2024 8:32:07 PM)
Listing courtesy of SAVVY AVENUE, LLC   Phone: 888-490-1268

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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0 Magnolia DRIVE, Indian Lake Estates, FL, 33855

$19,500

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 $15,600 $15,600 $15,600
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 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $104 $104 $132
Total Monthly Payment $179 $179 $207

* 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.