- Lori Ann Bugliaro P.A., PA,REALTOR ®
- Tropic Shores Realty
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- 1255 Lake Shore Way, LAKE ALFRED, FL 33850
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- MLS#: P4937065 ( Commercial Sale )
- Street Address: 1255 Lake Shore Way
- Viewed: 18
- Price: $599,000
- Price sqft: $216
- Waterfront: No
- Year Built: 1954
- Bldg sqft: 2768
- Days On Market: 75
- Additional Information
- Geolocation: 28.0774 / -81.7308
- County: POLK
- City: LAKE ALFRED
- Zipcode: 33850
- Subdivision: Rochelle Terrace Rep
- Provided by: CENTURY 21 MYERS REALTY
- Contact: Brent Morse
- 863-875-5656

- DMCA Notice
-
DescriptionPrime 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 Alfreds most promising commercial corridors. Unlock the full potential of this unique property and create the next standout lodging or commercial destination in Lake Alfred.
Property Location and Similar Properties
All
Similar
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Wall/Window Unit(s)
Country
- US
Covered Spaces
- 0.00
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Legal Description
- REPLAT OF BLOCKS 7 & 8 ROCHELLE TERRACE PB 31 PG 41 BLK 8 LOTS 1 & 2 LESS ST RD 600
Living Area
- 2768.00
Lot Features
- City Limits
- Street Lights
- Paved
Area Major
- 33850 - Lake Alfred
Net Operating Income
- 0.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Storage
Parcel Number
- 26-28-05-525500-008010
Parking Features
- Parking Spaces - 6 to 12
Possession
- Close Of Escrow
Property Condition
- Completed
Property Type
- Commercial Sale
Road Frontage Type
- City Street
- Divided Highway
Roof
- Shingle
Tax Year
- 2024
Township
- 28
Views
- 18
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/P4937065
Year Built
- 1954
Zoning Code
- C-1
Disclaimer: All information provided is deemed to be reliable but not guaranteed.
Listing Data ©2026 Greater Fort Lauderdale REALTORS®
Listings provided courtesy of The Hernando County Association of Realtors MLS.
Listing Data ©2026 REALTOR® Association of Citrus County
Listing Data ©2026 Royal Palm Coast Realtor® Association
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on February 3, 2026 @ 12:00 am
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