805 Palm Ave, Indian Lake Estates, FL 33855
This exceptional 21,806 square foot lot is located at 805 Palm Avenue in Indian Lake Estates, Florida, 33855. Priced at $18,000, this property presents a unique opportunity for both commercial and residential development. Situated within the serene and amenity-rich community of Indian Lake Estates, this half-acre parcel offers unparalleled access to a wealth of recreational activities. Residents enjoy a 7,500-acre lake renowned for its bass fishing, along with a community beach, boat ramp, marina, and the state's longest freshwater fishing pier. The community also boasts an 18-hole golf course, tennis and basketball courts, a large clubhouse with cafe, a post office, churches, a library, fitness center, and pro shop. Abundant wildlife, including deer and various bird species, adds to the natural beauty of the area. Despite its tranquil setting, Indian Lake Estates provides convenient access to major attractions, being approximately an hour's drive from Orlando and Disney World to the north, and Tampa, Busch Gardens, and the Gulf Coast beaches to the west. This property offers a rare blend of peaceful country living and proximity to urban conveniences, making it an exceptional investment opportunity. The lot's size and location within this established community make it suitable for a variety of development projects. Don't miss this chance to acquire a piece of Florida paradise.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.