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$23,000 Just Listed
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Property Description
Discover the perfect setting for your future home on this lovely lot in Indian Lake Estates. Nestled in a quiet community known for its natural beauty and outdoor recreation, this property offers an ideal opportunity to build a custom residence or invest in Florida land. Residents enjoy convenient access to Lake Weohyakapka (Lake Walk-in-Water), one of Florida's premier fishing lakes, along with nearby golf, boating, and nature activities. Enjoy peaceful surroundings while still being within driving distance of shopping, dining, and everyday conveniences. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Full Property Details
Full Property Details for 508 Palm Ave
General
- Price: $23,000
- HOA FEE: $29/month
- HOA FEE FREQ.: Annually
- Taxes: $105 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6430774
- Updated: 8/4/2026
- Added to Site: 4 day(s) ago
Location
- Area: 33855 - Indian Lake Estates/Lake Wales
- County: Polk
- Development Name: 33855 - Indian Lake Estates/Lake Wales
- Subdivision: INDIAN LAKE ESTATES
- Driving Directions: From FL-60, head southeast on FL-60 E for approximately 2.4 miles. Turn right onto Deland Avenue and continue 0.2 miles. Turn right onto Park Avenue and proceed 1.4 miles. Turn left onto Ponce Deleon Avenue and continue 1.0 mile. Turn right onto Palm Avenue. The property will be on the right.
Community
- Community Name: 33855 - Indian Lake Estates/Lake Wales
- Association: Yes
- Assoc. Name: Indian Lake Estates, HOA
Utilities
- Sewer: None
- Water: None
- Utility Description: Electrical Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,797
- Lot Size: 21797
- Lot Dimensions: 100 x 218
- Street/Road Desc.: Other
Financial Considerations
- Price Per Acre: $46,000
- Association Fee: $345
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $105.98
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: INDIAN LAKE ESTATES UNIT 5 PB 39 PG 31 BLK 184 LOT 4 SEC 7 31 30
- Flood Zone Info: X
- APN: 303107994050018404
- Property ID: 303107994050018404
- Block/Lot/Section: 184
Listed by American Resales
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Schools
Schools serving 508 Palm Ave
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 11.3 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 11.2 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 15.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 Palm Ave
Date
Details
Price
Change
Source
8/04/2026
Listed
$23,000
130%
MLS
5/12/2025
Sold
$10,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 508 Palm Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$102
11%
$3,661
-69%
2024
$92
1%
$12,000
—
2023
$91
47%
$12,000
71%
2022
$62
68%
$7,000
180%
2021
$37
-36%
$2,500
—
2017
$58
—
$2,500
-38%
2017
$58
-2%
$4,000
—
2016
$59
2%
$4,000
10%
2015
$58
53%
$3,630
45%
2019
$38
-31%
$2,500
-24%
2014
$55
17%
$3,300
10%
2013
$47
—
$3,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 508 Palm Ave
508 Palm Avenue, Indian Lake Estates, FL 33855 (MLS# O6430774) is a Lots/Land property with a lot size of 0.5 acres. 508 Palm Avenue is currently listed for $23,000 and was received on August 04, 2026. Want to learn more about 508 Palm Avenue? Do you have questions about finding other Lots/Land real estate for sale in Indian Lake Estates? You can browse all Indian Lake Estates real estate or contact a Coldwell Banker agent to request more information.

