Address
1155 S Lake Shore WAY, LAKE ALFRED, FL
Price
$ 165,000
Property Attributes
  • MLS#P4927917
  • TypeSingle Family
  • CountyPOLK
  • CityLAKE ALFRED
  • AreaLake Alfred
  • NeighborhoodRochelle Terrace Rep
  • Zip33850
  • StyleSingle Family Residence
  • Year Built1926
  • Taxes$ 2221
  • Price$ 165,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1126
  • Lot Size7,841 SqFt
Data Source:
Stellar MLS
Property Description

Uncover the Commercial Potential in Lake Alfred, Florida! We present to you an exciting and unique opportunity to breathe new life into a property that was once a cherished residence. This home, which had undergone extensive upgrades, did face the unfortunate event of a fire. However, the silver lining is that our loss is now your gain. Positioned directly across from the Lake Rochelle public boat access on Lake Shore Way South (17-92) as you enter Lake Alfred, this property is brimming with potential. While it currently enjoys residential zoning, it holds the coveted status of being grandfathered in, paving the way for a seamless conversion to a commercial establishment. Here's what awaits you with this remarkable property: Option 1: Renovate and restore the existing structure, blending the historical charm of a residential property with the functionality of a commercial space. Let your creativity run wild as you breathe new life into this versatile canvas. Option 2: Embrace a bold vision and embark on the construction of a brand-new, cutting-edge commercial building that caters to the evolving needs of the Lake Alfred community. The location of this property is second to none, offering exceptional visibility and accessibility, which are paramount for any successful business venture. Whether you choose to remediate the current structure or embark on a new construction project, the opportunities are boundless. Don't let this extraordinary chance slip through your fingers. Schedule your showing today to explore the untapped potential of this Lake Alfred property. Create your own opportunities by turning your commercial dreams into a vibrant reality in this thriving Florida community. Act now and secure your place in the future of Lake Alfred's business landscape!

Price History
10/30/2023 Listed $225,000
11/14/2023 3% - $219,000
11/30/2023 9% - $199,999
1/3/2024 6% - $189,999
2/21/2024 14% - $165,000

General Features

Interior Features Built in Features,Walk-In Closet(s)
Sewer Other
Heating Other
Cooling Other
Utilities Electricity Available
Roof Shingle
Appliances Microwave,Range Hood
Exterior Features Private Mailbox
Construction Materials Wood Frame
Year Built 1926
Levels One
Property SubType Single Family Residence
Tax Year 2022
Percent Ownership Fee Simple
County Polk
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name ROCHELLE TERRACE REP
Facing Direction Southwest
Garage Y/N No
Total Rooms 3
Status Active
Directions Home is Directly on 17-92 in front of the Lake Alfred public boat access on Lake Rochelle
City LAKE ALFRED
Buyer Agent Compensation 2.5%
Body of Water Lake Rochelle
Senior Community Y/N No
MLS Area 33850 - Lake Alfred
Lot Size Square Feet 7789
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Lake Shore
Listing Terms Cash,Conventional
Tax Annual Amount 2221.04
Public Remarks Uncover the Commercial Potential in Lake Alfred,Florida! We present to you an exciting and unique opportunity to breathe new life into a property that was once a cherished residence. This home,which
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4927917
Days on Market 147
Standard Status Active
Tax Lot 6
Legal Description REPLAT OF BLOCKS 7 & 8 ROCHELLE TERRACE PB 31 PG 41 BLK 7 LOT 6 LESS ST RD 600
Water View Lake
Minimum Lease No Minimum

Interior Features

Flooring Other
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Street Suffix WAY
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2
Living Area Units Square Feet

Exterior Features

Water Source None
Lot Size Area 7789
Foundation Details Crawlspace
Building Area Total 1390
Lot Dimensions 80 x 97.5
Lot Size Acres 0.18
Road Surface Type Asphalt
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33850

Price
AVG $400K
$170K
Taxes
AVG $1,948
$2,221
Visits
AVG 455
1208
Data Provided by Inside Real Estate®
Year Built
AVG 2018
1926

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