506 Magnolia Drive, FL

$25,000

506 Magnolia Drive

Indian Lake Estates, FL 33855

Active
0
Baths
0.5
Acres
Water access$1/sqft360° tour
🏠Land

Property type

📐21,797 sqft

Lot size

📊$1

Price / sq ft

🏘️$29/mo

HOA dues

📅728

Days on market

🌊X

Flood zone

About this home

Indian Lake Estates is a hidden Florida gem!! Wonderful community with low HOA yearly fee. All lots are nicely sized. Build your dream home and enjoy the beautiful Lake Weohyakapka (Walk-in-Water--7,500+acre lake). 18-hole golf course, tennis courts, pickleball courts and a giant dock and fishing pier, pro shop and restaurant. This lot is one-half acre and ready for it's new owner.

Estimated monthly payment

Principal & interest$126
Property taxes$8
Home insurance (est.)$11
HOA dues$29

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history728 days on market

  1. Status: Active
    May 1, 2024
  2. Listed$38,000
    May 1, 2024
  3. Price reduced$25,000

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
728
Subdivision
Indian Lake Estates
County
Polk
Price/sq ft
$1
Lot size
21,797 sq ft
Lot category
1/2 to less than 1
Flood zone
X (12105C0800G)
Annual taxes
$91 (2023)
Parcel #
30-31-07-994050-018103
Zoning
PUD
MLS #
P4930218

Interior Details

Direction faces
South

HOA & Financial

HOA fee
$345 / Annually
Monthly HOA
$29/mo
Total monthly fees
$29/mo
Total annual fees
$345
HOA name
Elizabeth Jewell, LCAM
Listing terms
Cash, Conventional
Ownership
Fee Simple

Exterior & Construction

Water access
Yes
Road surface
Paved

Utilities

Sewer
Septic Needed
Water source
Private
Utilities
Electricity Available, Water Available

Community

Pets allowed
Yes

Listing Details

Listing date
2024-04-30
On market date
2024-05-01
Original list price
$38,000
MLS area
33855 - Indian Lake Estates/Lake Wales
Listing AOR
East Polk
Status changed
2024-05-01
Tax legal description
INDIAN LAKE ESTS UNIT 5 SEC 7 31 30 PB 39 PG 31 BLK 181 LOT 3

Flood risk

Minimal riskFEMA Zone XPanel 12105C0800G

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From W.Haven, take Cypress Gardens Blvd. towards Legoland. Turn right on Highway 27 S. Go 5.9 miles and take the left ramp onto State Road 60 West. Go approx. 18.8 miles. Turn right onto Deland Ave, then right onto Park Ave, then left onto Ponce de Leon Ave. Then right onto Magnolia Dr and go .3 miles and property will be on the right. There is a completed house directly across from the lot.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively 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.

Based on information submitted to the MLS GRID as of April 29, 2026 at 8:55 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA