About 980 S Lake Shore Way
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.
Features of 980 S Lake Shore Way
| MLS® # | S5145068 |
|---|---|
| Price | $500,000 |
| Square Footage | 2,506 |
| Acres | 0.48 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 980 S Lake Shore Way |
|---|---|
| Area | Lake Alfred |
| Subdivision | ROCHELLE TERRACE |
| City | LAKE ALFRED |
| County | Polk |
| State | FL |
| Zip Code | 33850-3304 |
Amenities
| Parking | 1 to 5 Spaces |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Units / Window Unit |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Sidewalk, Street Lights |
|---|---|
| Roof | Metal |
| Foundation | Slab |
Additional Information
| Date Listed | March 25th, 2026 |
|---|---|
| Days on Market | 161 |
| Zoning | C-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | CENTURY 21 MYERS REALTY |
|---|