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$599,000

1255 S Lake Shore Way Lake Alfred, FL 33850 Commercial - Pending

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Description

Prime Redevelopment Opportunity in Lake Alfred - 0.89 Acres with Guest CottagesDiscover an exceptional investment and redevelopment opportunity in the heart of Lake Alfred. Situated on 0.89 acres, this property currently features nine individual guest-style cottage units offering flexible use as short-term or long-term rentals. A separate utility shed also sits on the property, providing additional storage or operational space.With its spacious layout, existing structures, and highly desirable location, this property is ideal for redevelopment into a modern motel, income-producing multi-unit lodging, boutique cottages, or commercial mixed-use concepts. Investors and developers will appreciate the expansive footprint, strong local growth, and proximity to major thoroughfares, lakes, and Central Florida attractions.Whether you plan to renovate, reimagine, or rebuild entirely, this site presents a rare opportunity to bring a new vision to one of Lake Alfred's most promising commercial corridors.Unlock the full potential of this unique property and create the next standout lodging or commercial destination in Lake Alfred.

Property Highlights

Property Type: Commercial -
Cooling: Wall/Window Unit(s)
Lot Size: 0.89 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,229
Year Built: 1954

General Information

County: Polk
Subdivision: ROCHELLE TERRACE REP
Listed By:
Brent Morse CENTURY 21 MYERS REALTY 863-875-5656

Property Features

Building: Bathrooms
Days on Site: 107
Directions: Heading south into Lake Alfred on Co Rd 557A, take a right onto Shinn Blvd. Shinn Blvd will continue on to become US-17 S/US-92 W/S Lake Shore Way. Destination is on the right.
Exterior: Concrete, Vinyl Siding
Flood Zone Code: X
Foundation: Crawlspace, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Private Financing Available
Lot: City Limits, Street Lights, Paved
Lot Dimensions: 0.89
Other Structures: Storage
Ownership: Corporation
Parking: Parking Spaces - 6 to 12
Parking Notes: Parking Spaces - 6 to 12
Property Attached Y/N: No
Property Sub-Type: Hotel/Motel
Road Frontage: 222
Showing Instructions: Appointment Only, Call Listing Agent 2,Call Before Showing
Special Sale Provisions: None
Vegetation: Mature Landscaping
Water Access Y/N: No
Zoning: C-1
$599,000
Pending
BEDS0 BATHS SQUARE FEET2,768 MLS#P4937065
STATUSPending PROPERTY TYPECommercial - SUBDIVISIONROCHELLE TERRACE REP

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1255 S Lake Shore Way, Lake Alfred, FL 33850.

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