$40,000
502 Portulaca Drive
Indian Lake Estates, FL 33855
Listing updated: February 24, 2026 at 2:53 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Take advantage of this 0.55-acre vacant lot at 502 Portulaca Drive , FL 33855. "Zoning: PUD" Offering ample space for a custom outdoor living, and potential future expansion, this parcel provides a perfect canvas for your dream property. Located in a peaceful and scenic community, the lot combines privacy with convenient access to local amenities, schools, and major roadways. An excellent opportunity for builders or investors, or seeking a versatile lot .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 is genuinely cheap land in a developed subdivision, which raises the question of why—Indian Lake Estates is an older, modest community with mixed upkeep, and at half an acre you're looking at a tight build footprint that'll eat into your usable space quickly. The X flood zone is a real advantage here, but before you commit, you'll want to verify what the actual development restrictions are, whether utilities are readily accessible to the lot, and honestly, whether the neighborhood trajectory justifies the investment or if you're just buying a cheap parcel that'll be hard to move later.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
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 history273 days on market
- Status: ActiveMay 27, 2025
- Listed$40,000May 27, 2025
- Price increased$40,000
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 273
- Subdivision
- Indian Lake Estates
- County
- Polk
- Price/sq ft
- $2
- Lot size
- 23,954 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X
- Annual taxes
- $83 (2024)
- Parcel #
- 30-31-18-994140-039101
- Zoning
- PUD
- MLS #
- O6312602
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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
- 2025-05-27
- On market date
- 2025-05-27
- Original list price
- $40,000
- MLS area
- 33855 - Indian Lake Estates/Lake Wales
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-05-27
- Tax legal description
- INDIAN LAKE EST UNIT 14 SEC 18 31 30 PB 40 PG 21 BLK 391 LOT 1
Flood risk
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/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 1.9 mi Turn left onto Lake Haven 2.3 mi Turn left onto Portulaca Dr Destination will be on the left 0.2 mi 502 Portulaca Dr, FL 33855
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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 24, 2026 at 2:53 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA