1255 S Lake Shore Way, Lake Alfred, FL 33850

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Sold Price
$425,000
List Price
$599,000
Status
Sold
Days on Market
89
Closing Date
Jun 03, 2026
MLS#
P4937065
Property Style
Hotel/Motel
Year Built
1954
Living Area
2,768
Lot Size
38,908
Acres
0.89
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Rochelle Terrace Rep
MLS Area Major
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.

Additional Information

Taxes Annual
$6229
Location
City Limits, Street Lights, Paved
Community Features
No Deed Restriction
Zoning
C-1
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Concrete, Vinyl Siding
Roof
Shingle
Foundation
Crawlspace, Slab
Pool
No Pool
Garage Features
Parking Spaces - 6 to 12
Flood Zone Code
X
Parcel ID
26-28-05-525500-008010
Legal Description
REPLAT OF BLOCKS 7 & 8 ROCHELLE TERRACE PB 31 PG 41 BLK 8 LOTS 1 & 2 LESS ST RD 600

Listing courtesy of CENTURY 21 MYERS REALTY. 863-875-5656

Selling Office: BUCKEYE REALTY LLC.

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