Rochelle Terrace Homes with No Deed Restriction Community Extras

Welcome to Rochelle Terrace, a hidden gem nestled in the heart of Lake Alfred, Florida. This charming subdivision offers the perfect blend of tranquility and convenience, making it an ideal choice for families and individuals seeking a serene lifestyle without sacrificing accessibility.

Rochelle Terrace is a unique community characterized by its inviting atmosphere and homes that come with no deed restrictions. This means you have the freedom to personalize your property without the constraints often found in other neighborhoods. Whether you dream of a garden oasis, a workshop, or simply want to park your boat or RV at home, Rochelle Terrace welcomes you to express your individuality.

The homes in Rochelle Terrace are thoughtfully designed, featuring spacious layouts and modern amenities that cater to a variety of lifestyles. With a mix of established residences and newer constructions, you’ll find a perfect fit for your needs. The community is surrounded by lush greenery and offers a peaceful environment that makes it easy to unwind after a long day.

Located in Polk County, Rochelle Terrace is just a short drive away from the vibrant city of Lake Alfred, where you can enjoy local dining, shopping, and recreational activities. The nearby lakes and parks provide ample opportunities for outdoor enthusiasts to explore and enjoy Florida’s natural beauty.

Experience the charm of Rochelle Terrace, where community spirit thrives and your dream home awaits. Discover the freedom of living in a no deed restriction community, and make this delightful neighborhood your own!

Newest Rochelle Terrace Homes with No Deed Restriction Community Extras

$449,900

6 Beds ⋅ 4 Baths ⋅ Rochelle Terrace SubDv. ⋅ 33850 Zip Code

INVESTMENT OPPORTUNITY IN LAKE ALFRED! Located at 980 S Lakeshore Way, this unique multi-unit property offers excellent visibility, convenient access, and significant potential for an investor looking to add value and increase rental income. Situated on a prominent corner with frontage along a well-traveled roadway, the property consists of three separate buildings with four residential units, providing a total of 6 bedrooms and 4 bathrooms. The unit mix includes a two-story building with separate upstairs and downstairs residences, along with two additional detached residential buildings. Three units are currently occupied, including established long-term tenants, while one unit is vacant and offers an immediate opportunity for renovation and repositioning. Current rental income is approximately $1,370 per month, with owner-provided estimated market rents totaling approximately $3,400 per month, creating substantial potential for increased income as units are improved and rents are brought closer to market rates. With multiple structures, existing rental history, prominent road frontage, a corner location, and room for property improvements, this property presents an intriguing opportunity for an investor with a vision. Property is being offered in its current condition. Bring your ideas and explore the possibilities this Lake Alfred investment property has to offer. 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.

980 S Lake Shore Way, Lake Alfred

$449,900

Rochelle Terrace SubDv. ⋅ 33850 Zip Code

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.

980 S Lake Shore Way, Lake Alfred

Start Your Search