Property summary
This exceptional 0.5-acre vacant land parcel, located at 1006 Bougainville Drive in Indian Lake Estates, Florida, presents a unique opportunity for building a new home. The property boasts a generous 21,802 square feet of space, offering ample room for a custom-designed residence, landscaping, and outdoor amenities. Situated within the ILE community, this lot enjoys a tranquil country setting with convenient access to paved and unpaved streets ideal for walking, biking, or golf cart rides. The location provides a balance of peaceful living and proximity to essential services. Shopping, a hospital, and local recreational activities are approximately 20 minutes away, while Vero Beach is roughly an hour's drive via Highway 60. The community offers a lake access amenity, included in the annual HOA fee of $340. Local building codes require concrete block construction for new homes, with no specified timeframe for construction commencement. This property is approximately 20 miles east of Lake Wales. Buyers are responsible for independently verifying all provided information. This is an excellent opportunity to create your ideal Florida lifestyle.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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