6500 MIAMI DRIVE Indian Lake Estates, FL $ 1,290,000
6500 MIAMI DRIVE
$ 1,290,000
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6500 MIAMI DRIVE

Indian Lake Estates, FL, 33855
$ 1,290,000
Bedrooms-- Baths-- Sq 12,480

Monthly Estimate*

$ 8,145

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Commercial Property for sale in Indian Lake Estates, FL

for $1,290,000. This 12,480 square foot building was built in 1966 on a lot size of 0.98.

Positioned at the highly visible corner of State Road 60 and the main entrance to Indian Lake Estates, this exceptional commercial plaza presents a rare value-add investment opportunity with the potential to generate an impressive 12.30% annual ROI. The property offers a diverse mix of income-producing and value-add spaces, including 2 fully renovated turnkey office/retail suites, 5 retail spaces, a garage unit, 1 flex space, a turnkey restaurant, and a sports bar. The office/retail suites and restaurant are move-in ready, while the retail spaces and sports bar are primed for tenant build-outs, allowing a new owner to customize and maximize rental income. The flex space offers additional upside with a full rehabilitation opportunity. Significant capital improvements have already been completed, including fresh exterior paint, a roof recoating, and new parking lot striping in 2024, reducing near-term maintenance costs. Located at the gateway to the Indian Lake Estates community with excellent frontage and exposure on SR-60, this property offers outstanding visibility, strong leasing potential, and long-term investment upside for both seasoned investors and owner-operators.

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Commercial Active

Price

$ 1,290,000

Property Type

Commercial

Taxes

$ 13,121

Style

Mixed Use

Lot Size

0.98

Year Built

1966

Town/City

Indian Lake Estates

County/Region

Polk

MLS | Web ID

O6426717

Features
General
Cooling Central Air Mini-Split Unit(s) Wall/Window Unit(s)
Roof Concrete
Zoning PUD
Construction Materials Block Brick Concrete
Year Built 1966
Levels One
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Gross Income 196800
County Polk
New Construction false
Property Type Commercial Sale
Subdivision Name INDIAN LAKE ESTATES
Facing Direction North
Building Features Bathrooms Columns Common Lighting Extra Storage Fencing Furnished Kitchen Facility On Site Shower Seating Solid Surface Counter Stone Counter
Status Active
Directions From SR-60 turn onto DeLand Ave.
City INDIAN LAKE ESTATES
MLS Area 33855 - Indian Lake Estates/Lake Wales
Lot Size Units Square Feet
Lot Size Square Feet 42506
Listing Terms Cash
Tax Annual Amount 13121.51
Property Condition Under Renovation
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 22
Legal Description INDIAN LAKE EST UNIT 17 PB 40 PG 50 ELY 1/2 TRACT 22 & TRACT 23 SEC 4 31 30
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Basement Finished Interior Entry
Total Stories 1
Air Conditioning Y/N true
Total Baths 0
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Exterior
Vegetation Mature Landscaping Oak Trees Trees Trees/Landscaped
Parking Features Curb Parking Ground Level Lighted
Lot Features Central Business District Corner Lot Near Golf Course Neighbourhood Rural Shopping Center Sidewalk Street Lights
Lot Size Area 42506
Foundation Details Slab
Number of Buildings 1
Building Area Total 12480
Lot Dimensions 170 x 250
Lot Size Acres 0.98
Road Surface Type Paved Asphalt Concrete
Waterfront Y/N false
Number of Separate Water Meters 1
Number of Separate Gas Meters 0
Number of Separate Electric Meters 11
Road Frontage Type Street Lights Street Paved State Road
Road Responsibility Private Maintained Road
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* Excluded Features
List By
dcolombo@cmgorlando.net

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Affordability Calculator

$9,239
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,145
Monthly Property Taxes
$1,093
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/26/2026$1,290,000 Listed Price

Map


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6500 MIAMI DRIVE, Indian Lake Estates, FL, 33855 is a Commercial Property for sale at $1,290,000 with 12,480 sqft and a lot size of 0.98. 6500 MIAMI DRIVE was built in 1966. The property's zip code is 33855 which is in Indian Lake Estates, FL