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Oleander Dr, Indian Lake Estates, FL, 33855

0beds
0baths
--sqft
$14,000
--price/sqft
$282/moest. monthly cost
$11,280/yrincome needed

About This Home

Build Your Dream Home in Indian Lake Estates! Spacious 0.50-acre homesite located in the gated community of Indian Lake Estates. The lot will require clearing but is not heavily wooded, with established homes already built nearby. No required timeframe to build and no designated builder, giving you the flexibility to build when you're ready. Residents enjoy outstanding amenities including an 18-hole golf course, clubhouse with restaurant and lounge, fitness center, tennis and pickleball courts, marina, boat ramp, and access to beautiful Lake Weohyakapka, home to one of Florida's longest freshwater fishing piers. Conveniently located about 30 minutes from Lake Wales, 1.5 hours from Orlando attractions including Walt Disney World Resort, and approximately 2 hours from Florida's Atlantic and Gulf Coast beaches. A great opportunity to build your custom home in a peaceful, recreation-filled community.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Basement

  • Basement:

Property

Lot

  • Lot size: 0.50 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hurricane
Lightning
Strong Wind
Wildfire
Inland Flooding

FEMA Declared Disasters in Polk County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $70$840
Home Insurance *$7$84
Property Taxes $8$96
Electricity $197$2,366
Total$282$3,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$9,668/yr
40% on housing$8,460/yr
45% on housing$7,520/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 33855$149
Polk County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 33855$184
Polk County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-03Listed for sale$14,000

For Sale by Agent

AgentNadia Aguilar
BrokerageEXIT REALTY 4CORNERS

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