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6141 PALMETTO DRIVE, Indian Lake Estates, FL, 33855

3beds
4baths
4,808sqft
$600,000
$125price/sqft
$4,331/moest. monthly cost
$173,240/yrincome needed

About This Home

Honey stop the car, this is the one! Beautiful one-of-a-kind pool home on a freshwater canal. Fishermen bring your toys! Enjoy over 100 ft of new seawall and two covered boat houses. Great feature! Located at Lake Weohyakapka, this breath-taking lake is one of Florida's finest. This 7,500 acre lake is famous for it's exceptional fishing and outdoor marine activities. Custom home designed around vaulted ceilings with wrap around stairs leading up to the 2nd story. Enjoy your downstairs master suite and bonus room. Full kitchen with breakfast nook. Large living room area with fireplace that leads to your very own indoor pool! Nice 2 car garage with BONUS garage attached. You will find a newly installed Tesla battery bank system - perfect back up option when power goes down. Great feature! Large area upstairs for entertaining and/or a game room. Secondary Master Bedroom located upstairs with full bathroom connected to it. This community also offers a private boat ramp, clubhouse, golf course, tennis courts, cafe, post office, churches, library and fitness center. Well maintained community with guard gate at entrance. Enjoy premium Florida lifestyle and amenities - schedule your showing today. Won't last!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Completed
  • Year built: 1981

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Cathedral Ceiling(s),Ceiling Fan(s),Primary Bedroom Main Floor,Vaulted Ceiling(s)
  • Door features: Sliding Doors
  • Flooring: Carpet,Laminate,Tile
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,476
  • Total interior livable area: 4,808 sqft

Kitchen

  • Level: First
  • Area: 80
  • Dimensions: 8x10

Living Room

  • Level: First
  • Area: 280
  • Dimensions: 14x20

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 196
  • Dimensions: 14x14

Property

Details

  • Parcel number: 293101994070026012
  • Zoning: PUD
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Gunite,In Ground,Indoor
  • Patio & porch: Covered,Enclosed,Patio,Porch,Rear Porch
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake,Canal - Freshwater,Freshwater Canal Access,Lake Privileges,Boat Ramp - Private,Fishing Pier,Private Lake Dues Required,Skiing Allowed
  • Waterbody name: LAKE WEOHYAKAPKA
  • Residential vegetation: Mature Landscaping,Trees/Landscaped

Lot

  • Lot size: 0.50 Acres
  • Features: Oversized Lot

Parking

  • Total spaces: 2
  • Parking features: Oversized,Split Garage,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $3,033$36,396
Home Insurance *$307$3,684
Property Taxes $508$6,096
Electricity $483$5,806
Total$4,331$51,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,491/yr
40% on housing$129,930/yr
45% on housing$115,493/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

$125This listing

vs Other Active Listings

Avg $/sqft

ZIP 33855$139
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)

Price History

DateEventPrice
2026-07-28Price change$600,000
2026-06-29Price change$650,000
2026-06-05Listed for sale$800,000
2025-06-01Listing removed$859,000
2025-02-07Listed for sale$859,000
2024-07-11Listing removed$1,500,000
2024-05-24Listed for sale$1,500,000
2020-10-01Sold$395,000
2020-07-27Pending sale$395,000
2020-06-27Listed for sale$395,000
2016-12-05Listing removed$324,900
2016-12-05Listed for sale$324,900
2016-12-02Sold$305,000
2016-11-08Pending sale$324,900
2016-08-08Price change$324,900
2016-07-27Price change$385,000
2016-01-17Price change$387,000
2015-07-29Listed for sale$399,000
2015-04-23Listing removed$399,000
2014-01-01Price change$399,000
2013-09-02Price change$439,000
2013-03-20Listed for sale$450,000
2011-10-26Listing removed$499,900
2011-08-04Listed for sale$499,900

For Sale by Agent

AgentShane Riley
BrokerageMARK SPAIN REAL ESTATE

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