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6500 Miami Drive, FL
Stellar MLS

$1.29M

6500 Miami Drive

Indian Lake Estates, FL 33855

Listing updated: July 26, 2026 at 9:52 PM ET

Active
Stellar MLSListing courtesy of Realty Hub · Daniel Colombo · MLS #O6426717 · Active · 407-900-1001
12,480
Building SF
0.98
Acres
1966
Built
$103.37
Per SF
Mixed Use11.50% cap rateVacant$103.37/SF360° tour
Mixed Use

Property type

1966

Year built

12,480 SF

Building size

42,506 sqft

Lot size

$103.37

Price / SF

PUD

Zoning

0

Days on market

Investment & cash flow

11.50%
Cap rate
$148K
NOI / yr
$197K
Gross income (Projected)
$49K
Annual expenses
6.6
GRM
$103.37
Price / SF

Figures provided by the listing broker — verify independently.

Lease terms

Occupancy
Vacant

About this property

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.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Active
Days on market
0
Subdivision
Indian Lake Estates
County
Polk
Year built
1966
Building area
12,480 sq ft
Price/sq ft
$103.37
Lot size
42,506 sq ft
Buildings
1
Stories
1
Electric meters
11
Water meters
1
Road frontage
State Road
Building features
Bathrooms, Columns, Common Lighting, Extra Storage, Fencing, Furnished, Kitchen Facility, On Site Shower, Seating, Solid Surface Counter, Stone Counter
Annual taxes
$13K (2025)
Parcel #
30-31-04-994170-000220
Zoning
PUD
MLS #
O6426717

Listing details

Listing date
2026-07-20
On market date
2026-07-26
MLS area
33855 - Indian Lake Estates/Lake Wales
Status changed
2026-07-26
Tax legal description
INDIAN LAKE EST UNIT 17 PB 40 PG 50 ELY 1/2 TRACT 22 & TRACT 23 SEC 4 31 30

Location

Directions

From SR-60, turn onto DeLand Ave.

MLS GRID

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 July 26, 2026 at 9:52 PM 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

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6500 Miami Drive — $1.29M | MaxLife Commercial