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Residential Development Lot
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506 Magnolia Drive, Indian Lake Estates, FL 33898

One-half acre residential lot in Indian Lake Estates with community lake access and recreational amenities.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market878

Property Features for 506 Magnolia Drive

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Land
Zoning PUD

Taxes and HOA fees

Annual Taxes $91

Amenities

18-hole golf course
tennis courts
pickleball courts
dock and fishing pier
pro shop
restaurant
No
Square Feet
Community
Lake, Waterfront
Listing Agency: QUINN & COMPANY REALTORS, LLC
Listed By: Brenda J Quinn · License #431914
Source: Compass
Added: Apr 30, 2024 Changed: Sep 23 Last Checked: Sep 22 at 9:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of QUINN & COMPANY REALTORS, LLC

Investment Insights

Based on property information with market context.

This offering is a residential lot in Indian Lake Estates, sized at one-half acre and presented as ready for a new owner to build a dream home. The property is part of a planned community with a low yearly HOA.

Indian Lake Estates centers around Lake Weohyakapka, described as a walk-in-water lake with 7,500-plus acres. The community amenities referenced in the offering include an 18-hole golf course, tennis courts, pickleball courts, and a giant dock and fishing pier, along with a pro shop and restaurant.

The lot at 506 Magnolia Drive provides a straightforward site for residential construction within the established community setting described.

Key Highlights

  • One‑half acre residential lot in Indian Lake Estates
  • Community lake access to Lake Weohyakapka (Walk‑in‑Water), a 7,500+ acre lake
  • Indian Lake Estates community amenities include an 18‑hole golf course

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 33898, FL

17,971
Population
10,080
Households
1.8
Avg Household Size
51
Median Age
17%
College-Educated
85%
High-School Grad
296.9 sq mi
ZIP Area
61
Density / Sq Mi
$54,778
Median Household Income
$32,414
Median Earnings
$1,122
Median Rent
$161,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - One-half acre residential lot in Indian Lake Estates with community lake access and recreational amenities.
Where is this residential land & home lot located?
The property is located at 506 Magnolia Drive Indian Lake Estates, FL.
What are key features of this property?
This property features: One‑half acre residential lot in Indian Lake Estates; Community lake access to Lake Weohyakapka (Walk‑in‑Water), a 7,500+ acre lake; Indian Lake Estates community amenities include an 18‑hole golf course
More about this property
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