Rochelle Terrace Homes with No Pool Pool type

Welcome to Rochelle Terrace, a serene and inviting subdivision nestled in the charming city of Lake Alfred, Florida. This hidden gem in Polk County offers a perfect blend of tranquility and accessibility, making it an ideal choice for families, retirees, and anyone seeking a peaceful lifestyle in sunny Florida.

Rochelle Terrace is characterized by its picturesque streets lined with beautifully maintained homes, many of which feature spacious yards and lush landscaping. The community is designed for those who appreciate the outdoors without the maintenance of a pool, as the subdivision is known for its homes with no pool options. This allows residents to enjoy the natural beauty of the area without the added responsibility of pool upkeep.

Living in Rochelle Terrace means you are just a stone's throw away from the stunning lakes and parks that Lake Alfred has to offer. Spend your weekends exploring the scenic trails, fishing in the nearby lakes, or enjoying a picnic with family and friends in one of the local parks. The community is also conveniently located near shopping, dining, and entertainment options, ensuring that you have everything you need within reach.

Whether you are looking to downsize, start a family, or simply enjoy a quieter lifestyle, Rochelle Terrace offers a welcoming atmosphere and a strong sense of community. Discover your dream home in this delightful subdivision and experience the best of Lake Alfred living. Come and see why Rochelle Terrace is the perfect place to call home!

Newest Rochelle Terrace Homes with No Pool Pool type

$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

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