$500,000
980 S Lake Shore Way Lake Alfred, FL 33850
For Sale MLS# S5145068
2,506 sq ft Commercial
Details for 980 S Lake Shore Way
MLS# S5145068
Description for 980 S Lake Shore Way, Lake Alfred, FL, 33850
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.
Listing Information
Property Type: Commercial, Mixed Use
Status: Active
Lot Size: 0.48 Acres
Square Feet: 2,506 sq ft
Year Built: 1920
Stories: 2 Story
Construction: Wood Frame
Construction Display: New Construction
Subdivision: Rochelle Terrace
Foundation: Slab
County: Polk
Construction Status: New Construction
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Water Connected
Cooling: Wall/Window Unit(s)
Heating: Window Unit, Wall Furnace
Exterior / Lot Features
Parking Description: Parking Space(s)
Roof: Metal
Lot Dimensions: 150x140
Additional Exterior/Lot Features: Landscaped
Community Features
Community Features: Sidewalks, Street Lights
Driving Directions
Heading east on US Hwy 92 continue until road becomes US Hwy 17/ S Lake Shore Way. Destination will be on your right at the corner of Mackay Blvd.
Financial Considerations
Tax/Property ID: 26-28-05-525000-003070
Tax Amount: 1647.2
Tax Year: 2025
A broker reciprocity listing courtesy: CENTURY 21 MYERS REALTY
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 980 S Lake Shore Way
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 980 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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