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    OFF-MARKET
    Land

    1006 Bougainville Dr, Indian Lake Estates, FL 33855

    21,802 SF 0.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Total area 21,802 SF
    Lot 0.5 ac (21,780 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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