$500K
980 Lake Shore Way
Lake Alfred, FL 33850
Listing updated: August 13, 2026 at 10:05 AM ET
Property type
Year built
Building size
Lot size
Price / SF
Zoning
Days on market
About this property
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.
Virtual tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 141
- Subdivision
- Rochelle Terrace
- County
- Polk
- Year built
- 1920
- Building area
- 2,550 sq ft
- Price/sq ft
- $196.08
- Lot size
- 20,870 sq ft
- Buildings
- 2
- Stories
- 2
- Road frontage
- Divided Highway, State Road
- Building features
- Bathrooms, Kitchen Facility
- Annual taxes
- $2K (2025)
- Parcel #
- 26-28-05-525000-003070
- Zoning
- C-1
- MLS #
- S5145068
Utilities
- Utilities
- Emergency Power, Water Connected
- Water source
- Public
- Sewer
- Public Sewer
Listing details
- Listing date
- 2026-03-25
- On market date
- 2026-03-25
- MLS area
- 33850 - Lake Alfred
- Status changed
- 2026-03-26
- Tax legal description
- ROCHELLE TERRACE PB 8 PG 44 BLK 3 LOTS 7 & 8 LESS ST RD 600
Location
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.
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of August 13, 2026 at 10:05 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA