980 S Lake Shore Way, Lake Alfred, FL 33850

$500,000
2,506
SqFt

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List Price
$500,000
Status
Active
Days on Market
126
MLS#
S5145068
Property Style
Mixed Use
Year Built
1920
Living Area
2,506
Lot Size
20,870
Acres
0.48
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Rochelle Terrace
MLS Area Major
Lake Alfred

Property Description

Prime redevelopment opportunity located in the heart of Lake Alfred along the city’s main corridor. This highly visible property sits directly on a divided highway through the central stretch of town, offering excellent exposure and accessibility. The property currently includes three residential units, all of which are tenant-occupied, providing potential interim income while future plans are considered. With its strategic location along a major thoroughfare and within close proximity to local businesses, dining, and community amenities, the site presents significant potential for future redevelopment or investment. Whether you’re looking to hold as an income-producing property or explore development possibilities in a growing area, this property offers exceptional visibility and location within Lake Alfred’s main commercial corridor.

Additional Information

Taxes Annual
$1647
Location
Sidewalk, Street Lights, Paved
Community Features
No Deed Restriction
Zoning
C-1
Utilities
Emergency Power, Water Connected
Heating
Ductless
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Frame
Roof
Metal
Foundation
Slab
Pool
No Pool
Garage Features
Parking Spaces - 1 to 5
Flood Zone Code
X
Parcel ID
26-28-05-525000-003070
Legal Description
ROCHELLE TERRACE PB 8 PG 44 BLK 3 LOTS 7 & 8 LESS ST RD 600

Listing courtesy of CENTURY 21 MYERS REALTY. 863-875-5656

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Calculator source: Real Geeks

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