1255 S Lake Shore Way Lake Alfred, FL 33850
Pending MLS# P4937065
2,768 sq ft Commercial
Details for 1255 S Lake Shore Way
MLS# P4937065
Description for 1255 S Lake Shore Way, Lake Alfred, FL, 33850
Prime 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 Alfred’s most promising commercial corridors. Unlock the full potential of this unique property and create the next standout lodging or commercial destination in Lake Alfred.
Listing Information
Property Type: Commercial, Hotel/Motel
Status: Pending
Lot Size: 0.89 Acres
Square Feet: 2,768 sq ft
Year Built: 1954
Stories: 1 Story
Construction: Concrete,Vinyl Siding
Construction Display: New Construction
Subdivision: Rochelle Terrace Rep
Foundation: Crawlspace,Slab
County: Polk
Construction Status: New Construction
Interior Features
Basement: Crawl Space
Utilities
Cooling: Wall/Window Unit(s)
Exterior / Lot Features
Parking Description: Parking Space(s)
Roof: Shingle
Lot Dimensions: 65x189
Additional Exterior/Lot Features: Landscaped, City Lot
Out Buildings: Storage
Community Features
Community Features: Street Lights
Driving Directions
Heading south into Lake Alfred on Co Rd 557A, take a right onto Shinn Blvd. Shinn Blvd will continue on to become US-17 S/US-92 W/S Lake Shore Way. Destination is on the right.
Financial Considerations
Terms: Cash,Private Financing Available
Tax/Property ID: 26-28-05-525500-008010
Tax Amount: 6229.68
Tax Year: 2024
A broker reciprocity listing courtesy: CENTURY 21 MYERS REALTY
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Copyright 2026 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Sales History & Tax Summary for 1255 S Lake Shore Way
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1255 S Lake Shore Way
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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