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Active Commercial

980 S LAKE SHORE WAY

Lake Alfred, FL 33850

STELLAR #S5145068 Updated: Apr 30, 2026, 2:23pm
$500,000
0 Beds • 0 Baths • 2,506 SqFt
Property
ActiveCommercial
1/6
$500,000

980 S LAKE SHORE WAY

Lake Alfred, FL 33850
0
Beds
0
Baths
2,506
SqFt
0.48
Acres
STELLAR
#S5145068
Updated: Apr 30, 2026, 2:23pm

Property Description

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.
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Property Details

Interior
Building Area Total
2550
Cooling
Wall/Window Unit(s)
Heating
Wall Units / Window Unit
Living Area
2506
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Wood Frame
Direction Faces
West
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
Metal
Stories Total
2
Year Built
1920
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Features
SidewalkStreet Lights
Lot Size Acres
0.48
Lot Size Area
20870
Lot Size Dimensions
150 x 140
Lot Size Square Feet
20870
Lot Size Units
Square Feet
Parking Features
1 to 5 Spaces
Public Survey Range
26
Public Survey Section
05
Road Frontage Type
Street LightsStreet PavedDivided HighwayState Road
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Emergency PowerWater Connected
Vegetation
Mature Landscaping
Water Source
Public
Zoning
C-1
Financials
Calculated List Price By Calculated Sq Ft
196.08
Contract Status Change Date
2026-03-25
Current Price
500000
Feed Types
BBO
Owner Name
ON RECORD
Ownership
Sole Proprietor
Parcel Number
262805525000003070
Public Survey Township
28
Tax Annual Amount
1647.2
Tax Block
3
Tax Book Number
8-44
Tax Legal Description
ROCHELLE TERRACE PB 8 PG 44 BLK 3 LOTS 7 & 8 LESS ST RD 600
Tax Lot
7
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33850 - Lake Alfred
Subdivision Name
ROCHELLE TERRACE
Listing provided courtesy of STELLAR via IDX. Updated: Apr 30, 2026, 2:23pm.
Brent Morse

Listing Agent

CENTURY 21 MYERS REALTY

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