$49,900

Althea Drive

Indian Lake Estates, FL 33855

Listing updated: February 27, 2026 at 2:44 AM ET

Active

Baths

0.51

Acres

◆$2/sqft

Land

Property type

22,002 sqft

Lot size

Price / sq ft

No HOA

HOA dues

407

Days on market

Flood zone

About this home

This 0.51-acre vacant lot on Althea Drive , Florida, offers the perfect setting to build your dream spot. Enjoy a peaceful, natural environment with room for outdoor living and convenient access to community amenities such as a golf course, marina, and Lake Walk-in-Water. A wonderful opportunity to create your ideal Florida lifestyle! Pin Location: Latitude 27.77629488, Longitude -81.36894876. 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 vacant lot in Indian Lake Estates is priced aggressively—you're getting raw land in a flood-free zone (X designation) without HOA restrictions, which is genuinely uncommon at this price point. The real question is buildability and access: at 0.51 acres in the Woodlands subdivision, you'll want to verify what the local code actually allows here and whether utilities are already stubbed to the lot, since those costs can quickly erase any savings on the land price itself. Given the price, make sure you're not looking at a landlocked parcel or one with serious title or drainage issues that explain the bargain.

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

Estimated monthly payment

Principal & interest$252

Property taxes$6

Home insurance (est.)$23

Down payment

20%

$9,980 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 history407 days on market

Status: Active
Jan 16, 2025
Listed$49,900
Jan 16, 2025
Price increased$49,900

Facts & features

Property type: Land
Status: Active
Days on market: 407
Subdivision: Woodlands
County: Polk
Price/sq ft: $2
Lot size: 22,002 sq ft
Lot category: 1/2 to less than 1
Flood zone: X
Annual taxes: $73 (2023)
Parcel #: 29-31-24-993285-001390
MLS #: O6272131

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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: 2025-01-16
On market date: 2025-01-16
Original list price: $49,900
MLS area: 33855 - Indian Lake Estates/Lake Wales
Listing AOR: Suncoast Tampa
Status changed: 2025-01-16
Tax legal description: WOODLANDS PB 87 PG 34 LYING IN SECTIONS 24-31-29 AND 19-31-30 LOT 139

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 east on Old Haines City Lake Alfred Rd toward Fletcher Cutoff 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/W Polk Ave toward Vero Beach Pass by AutoZone Auto Parts (on the left in 0.3 mi) 0.4 mi Keep right to continue on State Rd 60 E/W Polk Ave Continue to follow State Rd 60 E Pass by Pizza Hut (on the right in 0.4 mi) 18.4 mi Turn right onto Deland Ave 0.2 mi Turn right onto Park Ave 1.9 mi Turn left onto Lake Haven 1.4 mi Turn right onto Alamanda Dr 0.5 mi Turn left at the 2nd cross street onto Orange Ave 1.2 mi Continue onto Meadow Lark Blvd Destination will be on the right 0.4 mi 9328 Meadow Lark Blvd, Lake Wales, FL 33898 (Note: Lot is located at 748 ft northeast from this address)

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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 27, 2026 at 2:44 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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