1020 PORTULACA DRIVE, INDIAN LAKE ESTATES, FL, 33855
Active172 days on marketListed Feb 23, 2026MLS #O6384806
About this home
1020 PORTULACA DRIVE
Prime residential lot opportunity in Polk County. Situated in a desirable residential area, this property offers convenient access to Midnite Star Group LLC (1.92 miles) and Taylor Ranch (1.92 miles). The lot is located in Flood Zone X, a low-risk area with minimal flood hazard outside the 500-year floodplain, with no wetlands present, allowing for full lot utilization without environmental buffers or mitigation requirements. Zoned RS Residential Single-Family in unincorporated Polk County, FL, the property supports low-density residential use, including single-family detached homes by right. Modular/manufactured homes may be allowed if compliant with the Florida Building Code. Duplexes, townhomes, multifamily apartments, mobile home communities, and ADUs are generally prohibited or require rezoning or special exception. Buyer should verify all zoning, setbacks, utility availability, and development requirements with the Polk County Planning & Zoning Department. The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
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.
$246 /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
$246/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
Get to know Indian Lake Estates. See the full Indian Lake Estates guide →
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 market
$327K → $330K
Indian Lake Estates median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
Median sold price, Indian Lake Estates, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 43% below the INDIAN LAKE ESTATES 33855 median. See the full Indian Lake Estates market guide →
Paper trail
This home's history
Reality check
What actually sold near 1020 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 · Oct ’25$315,000
3950 ALBA DRIVE
4 bd · 2 ba · 1,876 sqft · $168/sqft · 10 DOM
Sold · Feb ’26$299,990
3911 GARDENIA DRIVE
4 bd · 2 ba · 2,052 sqft · $146/sqft · 61 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
Solance Kallendorf
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1020 PORTULACA DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1020 PORTULACA DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Solance's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1020 PORTULACA DRIVE FAQs
What would the monthly payment be for 1020 PORTULACA DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $246/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 1020 PORTULACA DRIVE?+
The most recent tax bill on record (2025) was $120. 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?+
At $12,000, this home is listed about 97% below the Indian Lake Estates median of $369,900. The market section on this page shows how the area is trending.
Which schools are assigned to 1020 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.
The brief
Three things that matter here
01Under the INDIAN LAKE ESTATES 33855 market on paper
$12,000 is 43% below the INDIAN LAKE ESTATES 33855 median of $21,000.
02Time on market is leverage
172 days on market against a Indian Lake Estates median of 59 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $18,000, now $12,000 — a $6K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of SUNLAND REAL ESTATE, LLC. · Javier Santana. MLS #O6384806.
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.
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