Call Now:

Wade M. Berlin

ABR,BrkrAssc,CNE,CPM,FSSR,GAA,LLC,PMN,REALTOR ®,SRES
Tropic Shores Realty
The Real Estate Professional You Deserve
Active
Property Photos
980 Lake Shore Way
  1. Image 1 of 6 For 980 Lake Shore Way
  2. Image 2 of 6 For 980 Lake Shore Way
  3. Image 3 of 6 For 980 Lake Shore Way
  4. Image 4 of 6 For 980 Lake Shore Way
  5. Image 5 of 6 For 980 Lake Shore Way
  6. Image 6 of 6 For 980 Lake Shore Way
Image Gallery

PRICED AT ONLY: $500,000

Address: 980 Lake Shore Way, LAKE ALFRED, FL 33850

Description

Prime redevelopment opportunity located in the heart of Lake Alfred along the citys 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 youre 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 Alfreds main commercial corridor.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
For a Fast & FREE Mortgage Pre-ApprovalApply Now
  • MLS#: S5145068 ( Commercial Sale )
  • Street Address: 980 Lake Shore Way
  • Viewed: 3
  • Price: $500,000
  • Price sqft: $196
  • Waterfront: No
  • Year Built: 1920
  • Bldg sqft: 2550
  • Days On Market: 4
Request More Information
  • All fields are required.
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 2506.00
  • Roof: Metal
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Sidewalk, Street Lights, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 1 to 5
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Road Frontage Type: Divided Highway, State Road
  • Sewer: Public Sewer
  • Utilities: Emergency Power, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Legal Description: ROCHELLE TERRACE PB 8 PG 44 BLK 3 LOTS 7 & 8 LESS ST RD 600
  • Area Major: 33850 - Lake Alfred
  • Parcel Number: 26-28-05-525000-003070
  • Zoning Code: C-1
Similar Properties

Active
Details for 1300 Lake Shore Way, LAKE ALFRED, FL 33850
$599,900.00 ($127.97 / sqft )

1300 Lake Shore Way Virtual Tour More Like This

AMAZING LAKEFRONT COMMERCIAL OPPORTUNITY! Endless possibilities with this very rare LAKEFRONT offering. Over 4,000s/ft building on oversized lot directly off main thoroughfare/highway 92. Lake Alfred

  1. Approx. 4688 sqft
  2. Approx. 1.35 acres
  1. MLSID: TB8406568
  2. Provided by CHARLES RUTENBERG REALTY INC
  3. Contact Douglas Biro
  4. mfrmls
  5. DMCA Notice

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin