506 PORTULACA DRIVE, INDIAN LAKE ESTATES,, FL, 33855
Active688 days on marketListed Sep 23, 2024MLS #O6229449
About this home
506 PORTULACA DRIVE
Vacant land available at 506 Portulaca Drive, Florida 33855! "Zoning: PUD" This 0.50-acre lot offers a great opportunity to build a custom spot or secure land for future investment. Located in a quiet area, the property provides a peaceful setting with plenty of space to create your ideal Florida retreat.Pin Location: Latitude 27.78034049, Longitude -81.35519694. Note: buyers I emphasize the importance of conducting thorough due diligence to ensure that the property meets your expectations and requirements.
Facts & features
The home at a glance
0.5 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$488 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$488/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside INDIAN LAKE ESTATES, 33855
INDIAN LAKE ESTATES, 33855 — neighborhood snapshot
Population
33
Median age
68.1
Avg household
1.94
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The INDIAN LAKE ESTATES, 33855 market
This home is listed 138% above the INDIAN LAKE ESTATES, 33855 median.
Paper trail
This home's history
Reality check
What actually sold near 506 PORTULACA DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$90,000
3500 ORCHID DRIVE · same community
2 bd · 1 ba · 950 sqft · $95/sqft · 5 DOM
Sold · Mar ’26$65,000
3771 INDIAN LAKE DRIVE · same community
3 bd · 1 ba · 998 sqft · $65/sqft · 0 DOM
Sold · Nov ’25$229,850
3601 PARK AVENUE · same community
2 bd · 2 ba · 1,030 sqft · $223/sqft · 34 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 506 PORTULACA DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 506 PORTULACA DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
506 PORTULACA DRIVE FAQs
What would the monthly payment be for 506 PORTULACA DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $488/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 506 PORTULACA DRIVE?+
The most recent tax bill on record (2023) was $145. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in INDIAN LAKE ESTATES, 33855?+
At $49,900, this home is listed about 138% above the INDIAN LAKE ESTATES, 33855 median of $21,000. The market section on this page shows how the area is trending.
Which schools are assigned to 506 PORTULACA DRIVE?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of KELLY RIGHT REAL ESTATE · Samih Sadiq. MLS #O6229449.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.