980 S LAKE SHORE WAY Lake Alfred, FL $ 500,000
980 S LAKE SHORE WAY
$ 500,000
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980 S LAKE SHORE WAY

Lake Alfred, FL, 33850
$ 500,000
Bedrooms-- Baths-- Sq 2,506

Monthly Estimate*

$ 3,079

980 S LAKE SHORE WAY, Lake Alfred, FL 33850 - Image 1
980 S LAKE SHORE WAY, Lake Alfred, FL 33850 - Image 2
980 S LAKE SHORE WAY, Lake Alfred, FL 33850 - Image 3
980 S LAKE SHORE WAY, Lake Alfred, FL 33850 - Image 4
980 S LAKE SHORE WAY, Lake Alfred, FL 33850 - Image 5
980 S LAKE SHORE WAY, Lake Alfred, FL 33850 - Image 6
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Commercial Property for sale in Lake Alfred, FL

for $500,000. This 2,506 square foot building was built in 1920 on a lot size of 0.48.

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.

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Commercial Active

Price

$ 500,000

Property Type

Commercial

Taxes

$ 1,647

Style

Mixed Use

Lot Size

0.48

Year Built

1920

Town/City

Lake Alfred

County/Region

Polk

MLS | Web ID

S5145068

Features
General
Sewer Public Sewer
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities Emergency Power Water Connected
Roof Metal
Zoning C-1
Construction Materials Wood Frame
Year Built 1920
Property Subtype Mixed Use
Tax Year 2025
Ownership Sole Proprietor
County Polk
New Construction false
Property Type Commercial Sale
Subdivision Name ROCHELLE TERRACE
Facing Direction West
Building Features Bathrooms Kitchen Facility
Status Active
Directions Heading east on US Hwy 92 continue until road becomes US Hwy 17/ S Lake Shore Way. Destination will be on your right at the corner of Mackay Blvd.
City LAKE ALFRED
MLS Area 33850 - Lake Alfred
Lot Size Units Square Feet
Lot Size Square Feet 20870
Tax Annual Amount 1647.2
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5145068
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 7
Legal Description ROCHELLE TERRACE PB 8 PG 44 BLK 3 LOTS 7 & 8 LESS ST RD 600
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Vegetation Mature Landscaping
Parking Features 1 to 5 Spaces
Lot Features Sidewalk Street Lights
Water Source Public
Lot Size Area 20870
Foundation Details Slab
Number of Buildings 2
Building Area Total 2550
Lot Dimensions 150 x 140
Lot Size Acres 0.48
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type Street Lights Street Paved Divided Highway State Road
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* Excluded Features
List By
Century 21 Myers Realty

Broker

brentlmorse@gmail.com

Email

Affordability Calculator

$3,216
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$137
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$500,000 Listed Price

Map


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980 S LAKE SHORE WAY, Lake Alfred, FL, 33850 is a Commercial Property for sale at $500,000 with 2,506 sqft and a lot size of 0.48. 980 S LAKE SHORE WAY was built in 1920. The property's zip code is 33850 which is in Lake Alfred, FL