980 S LAKE SHORE WAY, LAKE ALFRED, FL 33850

$500,000

Active · 36 days on market · MLS# MFRS5145068

Living area2,506 sq ft
Lot size0.48 acres
Year built1920
Property typeMixed Use
WaterfrontYes
Annual taxes$1,647
CountyPolk

About this home

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.

Listing courtesy of Brent Morse, CENTURY 21 MYERS REALTY. Presented by MC Homes Realty Inc · 727432218.

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