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About This Home
This 0-bedroom, 0-bathroom commercial at 980 S LAKE SHORE WAY in Lake Alfred, FL is listed for $500,000 ($200 per sqft). Built in 1920, the home offers 2,506 sqft of living space on a 0.48 acres lot.
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.
Key Features
- Built in 1920
- 0.48 acre lot
Property Details
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
980 S LAKE SHORE WAY
Lake Alfred, FL 33850
ROCHELLE TERRACE
Features & Amenities
Exterior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 980 S LAKE SHORE WAY is listed at $500,000 ($200/sqft). The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.48 acre lot. Exterior Features: Paved.
This property is listed by Brent Morse and can be reached at 4074636952 or brentlmorse@gmail.com.
