About 6500 Miami Drive
Positioned at the highly visible corner of State Road 60 and the main entrance to Indian Lake Estates, this exceptional commercial plaza presents a rare value-add investment opportunity with the potential to generate an impressive 12.30% annual ROI. The property offers a diverse mix of income-producing and value-add spaces, including 2 fully renovated turnkey office/retail suites, 5 retail spaces, a garage unit, 1 flex space, a turnkey restaurant, and a sports bar. The office/retail suites and restaurant are move-in ready, while the retail spaces and sports bar are primed for tenant build-outs, allowing a new owner to customize and maximize rental income. The flex space offers additional upside with a full rehabilitation opportunity. Significant capital improvements have already been completed, including fresh exterior paint, a roof recoating, and new parking lot striping in 2024, reducing near-term maintenance costs. Located at the gateway to the Indian Lake Estates community with excellent frontage and exposure on SR-60, this property offers outstanding visibility, strong leasing potential, and long-term investment upside for both seasoned investors and owner-operators.
Features of 6500 Miami Drive
| MLS® # | O6426717 |
|---|---|
| Price | $1,290,000 |
| Square Footage | 12,480 |
| Acres | 0.98 |
| Year Built | 1966 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 6500 Miami Drive |
|---|---|
| Area | Indian Lake Estates/Lake Wales |
| Subdivision | INDIAN LAKE ESTATES |
| City | INDIAN LAKE ESTATES |
| County | Polk |
| State | FL |
| Zip Code | 33855 |
Amenities
| Parking | Curb Parking, Ground Level, Lighted |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Cooling | Central Air, Mini-Split Unit(s), Wall/Window Unit(s) |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | Central Business District, Corner Lot, Near Golf Course, Neighbourhood, Rural, Shopping Center, Sidewalk, Street Lights |
|---|---|
| Roof | Concrete |
| Foundation | Slab |
Additional Information
| Date Listed | July 26th, 2026 |
|---|---|
| Days on Market | 39 |
| Zoning | PUD |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | REALTY HUB |
|---|