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1006 Bougainville Dr Indian Lake Estates, FL 33855

OFF-MARKET Land Google Maps
21,802 SF 0.5 ac lot
Estimated value
No estimation on file for this property yet.
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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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