$150,000
For Sale

1155 S LAKE SHORE WAY

Lake Alfred, FL 33850
1390 sqft | 3 beds | 2 baths | 0.18 acres | #P4927917
Browse 40 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Uncover the Commercial Potential in Lake Alfred, Florida! We present to you an exciting and unique opportunity to breathe new life into a property that was once a cherished residence. This home, which had undergone extensive upgrades, did face the unfortunate event of a fire. However, the silver lining is that our loss is now your gain.
Positioned directly across from the Lake Rochelle public boat access on Lake Shore Way South (17-92) as you enter Lake Alfred, this property is brimming with potential. While it currently enjoys residential zoning, it holds the coveted status of being grandfathered in, paving the way for a seamless conversion to a commercial establishment.
Here's what awaits you with this remarkable property:
Option 1: Renovate and restore the existing structure, blending the historical charm of a residential property with the functionality of a commercial space. Let your creativity run wild as you breathe new life into this versatile canvas.
Option 2: Embrace a bold vision and embark on the construction of a brand-new, cutting-edge commercial building that caters to the evolving needs of the Lake Alfred community.
The location of this property is second to none, offering exceptional visibility and accessibility, which are paramount for any successful business venture. Whether you choose to remediate the current structure or embark on a new construction project, the opportunities are boundless.
Don't let this extraordinary chance slip through your fingers. Schedule your showing today to explore the untapped potential of this Lake Alfred property. Create your own opportunities by turning your commercial dreams into a vibrant reality in this thriving Florida community. Act now and secure your place in the future of Lake Alfred's business landscape!

  • Interior Details
      • InteriorBuilt-in Features, Walk-In Closet(s)
    • Beds & Baths
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Exterior MaterialsPrivate Mailbox
      • Stories1
    • Measurements
      • Acres0.18
      • Square Feet1390
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1926
    • Material information
      • FoundationCrawlspace
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available
      • Sewer InformationOther
  • Community and Neighborhood Details
      • SubdivisionROCHELLE TERRACE REP
    • Location
      • CountyPolk
  • Financial Details
      • Original List Price$225,000
      • Taxes Annual$2,221
      • Days on Market (Cumulative)344
  • Other
      • MLS #P4927917

Location

William Barnes | BrokerReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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