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Overview

0 ba12,480 sqftMixed Use
TypeMixed Use
HOANone listed
Built1966
Lot42,506 sqft
Living area12,480 sqft
Price / sqft$103

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

6500 Miami Dr is a 1966-built home in Indian Lake Estates, Indian Lake Estates. Listed at $1,290,000 (about $103/sqft), 82 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Positioned at the highly visible corner of State Road 60 and the main entrance to Indian Lake Estates, this exceptional commercial plaza presents a rare value-add investment opportunity with the potential to generate an impressive 12.30% annual ROI. The property offers a diverse mix of income-producing and value-add spaces, including 2 fully renovated turnkey office/retail suites, 5 retail spaces, a garage unit, 1 flex space, a turnkey restaurant, and a sports bar. The office/retail suites and restaurant are move-in ready, while the retail spaces and sports bar are primed for tenant build-outs, allowing a new owner to customize and maximize rental income. The flex space offers additional upside with a full rehabilitation opportunity. Significant capital improvements have already been completed, including fresh exterior paint, a roof recoating, and new parking lot striping in 2024, reducing near-term maintenance costs. Located at the gateway to the Indian Lake Estates community with excellent frontage and exposure on SR-60, this property offers outstanding visibility, strong leasing potential, and long-term investment upside for both seasoned investors and owner-operators.

The essentials

Built
1966
Price / sqft
$103
On market
82 days
Annual tax
$13,122
Flood zone
X · Low risk
Lot
42,506 sqft
Type
Mixed Use

At a glance

Single family
Built 1966
0.98 acres
Lot size
12,480 sqft
Living area

Payment

Est. monthly payment
$8,466/mo
Down payment (20%)
$258,000
Property taxes
$1,093/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Mixed Use
Year Built
1966
Lot
42,506 sqft
Cooling
Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Heating
-
Parking
Curb Parking, Ground Level, Lighted
Days on Market
82
Flood Zone X
Annual Tax (2025)
$13,122
Parcel #
30-31-04-994170-000220

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Indian Lake Estates
County
Polk
MLS Area
33855 - Indian Lake Estates/Lake Wales
Lot Size
42,506 sqft
Central Business DistrictCorner LotNear Golf CourseNeighbourhoodRuralShopping CenterSidewalkStreet LightsPaved

Price history

Date
Event
Price
7/20/2026
Listed for sale
Source: Stellar MLS #O6426717
$1,290,000
$103/sqft

Neighborhood

6500 Miami Dr
Indian Lake Estates, FL, 33855 · 33855 - Indian Lake Estates/Lake Wales

Market insights

Offer Insights

Choose an offer strength

List price: $1,290,000
$1.21M – $1.29M
93.6% – 100% of listTops out right at the list price
80% of listList price
18 of the last 34 home closings in 33855 landed at this number or higher (53%). The median one sat 66 days before it went under contract, and this one is on day 82.

Sample: 34 closed home sales in 33855 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$8,466/mo
Principal & interest$6,728
Property taxes$1,093
Insurance$645
Down payment20% · $258,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,290,000

$103 per sq ft

Size

12,480 sq ft

Time on market

82 days

Year built

1966

Monthly payment

About $8,466/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $13,122 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byREALTY HUBListing agent: Daniel ColomboListing data from Stellar MLS, MLS# O6426717.

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