311 HIBISCUS DRIVE, INDIAN LAKE ESTATES, FL, 33855
Active38 days on marketListed Sep 4, 2026MLS #O6439362
About this home
311 HIBISCUS DRIVE
1-Acre Lot in Idian Lake Estates – Excellent Opportunity Excellent opportunity to own an approximately 1-acre lot in Idian Lake Estates, a peaceful community surrounded by nature and located in Polk County, Central Florida. With plenty of space, this property offers excellent potential for those looking to build a custom home or acquire land as an investment. The property is zoned PUD (Planned Unit Development) and has access to nearby electric service. Idian Lake Estates is an established golf and lake community located approximately 20 miles east of Lake Wales and centered around the beautiful Lake Walk-In-Water, a roughly 7,500-acre lake well known for its excellent bass fishing. The community offers a wide range of recreational amenities, including an 18-hole golf course, clubhouse, tennis and basketball courts, fitness center, restaurant, library, Pro Shop, marina, boat ramp, beach area, fishing pier, and picnic areas. For those who enjoy peace, privacy, and nature, the area is also home to abundant wildlife, including deer, wild turkeys, cranes, and a variety of bird species. The location provides an attractive combination of privacy, natural surroundings, and convenient access to Central Florida’s major attractions, including Orlando, Walt Disney World, Tampa, Bok Tower Gardens, and Westgate River Ranch Resort. Whether you are considering the property for a future residence or investment, this lot represents an excellent opportunity to own land in an established community surrounded by nature and offering a variety of recreational amenities.
Facts & features
The home at a glance
1 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.
$371 /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
$371/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
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
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 → $280K
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 50% above 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 311 HIBISCUS 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 · Mar ’26$225,000
4060 INDIAN LAKE DRIVE · same community
2 bd · 2 ba · 1,030 sqft · $218/sqft · 38 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
Seth Cabrera - Rothschild
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 311 HIBISCUS DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 311 HIBISCUS DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Seth's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
311 HIBISCUS DRIVE FAQs
What would the monthly payment be for 311 HIBISCUS DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $371/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 311 HIBISCUS DRIVE?+
The most recent tax bill on record (2025) was $267. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 311 HIBISCUS DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Indian Lake Estates?+
At $29,900, this home is listed about 92% below the Indian Lake Estates median of $365,000. The market section on this page shows how the area is trending.
Which schools are assigned to 311 HIBISCUS 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 WRA BUSINESS & REAL ESTATE · JIRO Filho. MLS #O6439362.
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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