$318,000

Althea Drive

Indian Lake Estates, FL 33855

Listing updated: February 28, 2026 at 12:57 AM ET

Active

Baths

3.4

Acres

◆3.4 acres◆$2/sqft

Land

Property type

147,995 sqft

Lot size

Price / sq ft

No HOA

HOA dues

410

Days on market

Flood zone

About this home

This 3.40-acre vacant lot on Althea Drive, Florida, offers a rare opportunity to build your dream spot on an expansive and private property. Enjoy a peaceful, natural setting with more than enough space for outdoor living, additional structures, or future plans—all within a community featuring amenities like a golf course, marina, and Lake Walk-in-Water. A truly exceptional piece of Florida land! Pin Location: Latitude 27.77528866 , Longitude-81.37802536. Note: buyers I emphasize the importance of conducting thorough due diligence to ensure that the property meets your expectations and requirements.

Local Insight

At $2 per square foot, this 3.4-acre parcel in a flood X zone is priced aggressively for raw land in Polk County, which could signal either solid value or a reason to dig into why it's positioned this way—get a survey and title report done before moving forward. The lack of HOA and location in an unincorporated area gives you flexibility for development or personal use, but you'll want to confirm utilities are accessible and understand any permitting requirements for your intended use, since Indian Lake Estates is a rural pocket without the infrastructure of more established subdivisions.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$1,608

Property taxes$7

Home insurance (est.)$146

Down payment

20%

$63,600 downRate

6.5%

Term

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 history410 days on market

Status: Active
Jan 13, 2025
Listed$318,000
Jan 13, 2025
Price increased$318,000

Facts & features

Property type: Land
Status: Active
Days on market: 410
Subdivision: Woodlands
County: Polk
Price/sq ft: $2
Lot size: 147,995 sq ft
Lot category: 2 to less than 5
Flood zone: X
Annual taxes: $80 (2023)
Parcel #: 29-31-24-993285-001200
MLS #: O6270945

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HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Ownership: Fee Simple

Exterior & Construction

Road surface: Dirt

Utilities

Sewer: None
Water source: None
Utilities: Other

Listing Details

Listing date: 2025-01-13
On market date: 2025-01-13
Original list price: $318,000
MLS area: 33855 - Indian Lake Estates/Lake Wales
Listing AOR: Suncoast Tampa
Status changed: 2025-01-13
Tax legal description: WOODLANDS PB 87 PG 34 LYING IN SECTIONS 24-31-29 AND 19-31-30 LOT 120

Flood risk

Minimal riskFEMA Zone X

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

200 Government Center Blvd Head northwest Restricted usage road 112 ft Keep right to continue toward Old Haines City Lake Alfred Rd Restricted usage road 164 ft Turn right onto Old Haines City Lake Alfred Rd 0.9 mi Turn right onto Fletcher Fish Camp Rd/Fletcher Trailer Park Rd 0.4 mi Turn left onto US-17 N/US-92 E 1.2 mi Merge onto US-27 S via the ramp to Lake Wales Pass by McDonald's (on the right in 6.6 mi) 15.2 mi Turn left to merge onto FL-60 E/State Rd 60 E/W Polk Ave toward Vero Beach Continue to follow FL-60 E/State Rd 60 E Pass by Pizza Hut (on the right in 0.8 mi) 18.8 mi Turn right onto Deland Ave 0.2 mi Turn right onto Park Ave 2.9 mi Turn left onto Lakeview Dr 2.4 mi Continue onto Torgula Dr 0.2 mi Turn left onto Althea Dr 0.2 mi Althea Dr, FL 33843

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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 February 28, 2026 at 12:57 AM 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.

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