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1255 Lake Shore Way
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PRICED AT ONLY: $599,000

Address: 1255 Lake Shore Way, LAKE ALFRED, FL 33850

Description

Prime Redevelopment Opportunity in Lake Alfred 0.89 Acres with Guest Cottages Discover 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 Alfreds most promising commercial corridors. Unlock the full potential of this unique property and create the next standout lodging or commercial destination in Lake Alfred.
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  • MLS#: P4937065 ( Commercial Sale )
  • Street Address: 1255 Lake Shore Way
  • Viewed: 22
  • Price: $599,000
  • Price sqft: $216
  • Waterfront: No
  • Year Built: 1954
  • Bldg sqft: 2768
  • Days On Market: 75
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 2768.00
  • Other Structures: Storage
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: City Limits, Street Lights, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 6 to 12
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Road Frontage Type: City Street, Divided Highway
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: REPLAT OF BLOCKS 7 & 8 ROCHELLE TERRACE PB 31 PG 41 BLK 8 LOTS 1 & 2 LESS ST RD 600
  • Area Major: 33850 - Lake Alfred
  • Occupant Type: Tenant
  • Parcel Number: 26-28-05-525500-008010
  • Possession: Close Of Escrow
  • Views: 22
  • Zoning Code: C-1
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Details for 1300 Lake Shore Way, LAKE ALFRED, FL 33850
$599,900.00 ($127.97 / sqft )

1300 Lake Shore Way Virtual Tour More Like This

AMAZING LAKEFRONT COMMERCIAL OPPORTUNITY! Endless possibilities with this very rare LAKEFRONT offering. Over 4,000s/ft building on oversized lot directly off main thoroughfare/highway 92. Lake Alfred

  1. Approx. 4688 sqft
  2. Approx. 1.35 acres
  1. MLSID: TB8406568
  2. Provided by CHARLES RUTENBERG REALTY INC
  3. Contact Douglas Biro
  4. mfrmls
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