Skip To Content

1255 S Lake Shore Way

Lake Alfred, FL 33850
  • $599,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: P4937065
UPDATED: 35 min ago
$599,000
  • 0
    BEDS
  • 0.89
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,768
    SQFT
  • $216
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1954
County:
Area:

School Ratings & Info

Description

Prime Redevelopment Opportunity in Lake Alfred — 0.89 Acres with Guest Cottages Discover an exceptional investment and redevelopment opportunity in the heart of Lake Alfred. Situated on 0.89 acres, this property currently features nine individual guest-style cottage units offering flexible use as short-term or long-term rentals. A separate utility shed also sits on the property, providing additional storage or operational space. With its spacious layout, existing structures, and highly desirable location, this property is ideal for redevelopment into a modern motel, income-producing multi-unit lodging, boutique cottages, or commercial mixed-use concepts. Investors and developers will appreciate the expansive footprint, strong local growth, and proximity to major thoroughfares, lakes, and Central Florida attractions. Whether you plan to renovate, reimagine, or rebuild entirely, this site presents a rare opportunity to bring a new vision to one of Lake Alfred’s most promising commercial corridors. Unlock the full potential of this unique property and create the next standout lodging or commercial destination in Lake Alfred.

Monthly Payment Calculator




© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-01-19T21:42:34.38.
www.searchingfloridaproperties.com/homes/170586935
Print Image

1255 S Lake Shore Way Lake Alfred, FL 33850

  • Price: $599,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 35 min ago
  • MLS #: P4937065
0
Beds
0
Baths
0
½ Baths
0.89
Acres
2,768
SQFT
$216
$/SQFT
1954
Built
Neighborhood:
Rochelle Terrace Rep
County:
Polk
Area:
Lake Alfred
Property Description
Prime Redevelopment Opportunity in Lake Alfred — 0.89 Acres with Guest Cottages Discover an exceptional investment and redevelopment opportunity in the heart of Lake Alfred. Situated on 0.89 acres, this property currently features nine individual guest-style cottage units offering flexible use as short-term or long-term rentals. A separate utility shed also sits on the property, providing additional storage or operational space. With its spacious layout, existing structures, and highly desirable location, this property is ideal for redevelopment into a modern motel, income-producing multi-unit lodging, boutique cottages, or commercial mixed-use concepts. Investors and developers will appreciate the expansive footprint, strong local growth, and proximity to major thoroughfares, lakes, and Central Florida attractions. Whether you plan to renovate, reimagine, or rebuild entirely, this site presents a rare opportunity to bring a new vision to one of Lake Alfred’s most promising commercial corridors. Unlock the full potential of this unique property and create the next standout lodging or commercial destination in Lake Alfred.
Exterior Features

Adjoining Property Natural State Construction Materials ConcreteVinyl Siding Direction Faces Southeast Foundation Details CrawlspaceSlab Lot Features City LotStreet Lights Lot Size Dimensions 65 x 189 Other Structures Storage Parking Features 6 to 12 Spaces Road Frontage Type Street LightsStreet PavedCity StreetDivided Highway Road Surface Type Paved Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 2768 Cooling Wall/Window Unit(s) Cooling YN Yes Stories Total 1

Property Features

Flood Zone Code X Listing Terms CashPrivate Financing Available New Construction Yn No Ownership Corporation Property Condition Completed Property Sub Type Hotel/Motel Special Listing Conditions None Tax Annual Amount 6229.68 Total Annual Fees 0 Total Monthly Fees 0 Use Code 3901 Zoning C-1


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of CENTURY 21 MYERS REALTY: 863-875-5656.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-01-19T21:42:34.38.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_P4937065-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_P4937065-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_P4937065-2.jpg
Logo
World Impact Real Estate
4507 Furling Lane, Suite #203
Destin FL, 32541