1255 S Lake Shore Way, Lake Alfred, FL 33850
sale
$599,000
|
Commercial-Other
Listed By CENTURY 21 Myers Realty
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.
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Property Features
- Building Area: 2768.00 SF
- Cooling: Window A/C
- Cross Docks: N
- Development ID: ROCHELLE TERRACE REP
- Exterior Description: Concrete Block
- Exterior Description: Vinyl Siding
- For Auction: N
- Heating - Fuel Type: Other
- Lot Size In Text: 0.89 Acres
- MLSID: P4937065
- Price Upon Request: N
- Roof: Composition Shingle
- Style: Other Style
- Sublease: N
- Tax Year: 2024
- Taxes: $6229.68
- Year Built: 1954
- Zoning: C-1
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