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1100 S LAKE SHORE WAY

Recently Sold
$3,500,000

BTC: 55.55555556

ETH: 2,004.58190149

Sold on: 2025-10-17
New
56 bds
7,980 sqft

Overview

The Lakeshore Portfolio, a diverse collection of multifamily properties located in Lake Alfred, Polk County, Florida. This portfolio consists of seven properties situated along Lakeshore Way and David Avenue, comprising a total of 28 units on 2.30 acres, all in adjacent parcels. The properties feature a mix of concrete block and wood-frame construction, each with pitched shingle roofs. The portfolio offers a range of unit configurations, including studios, one-bedroom, two-bedroom, and three-bedroom options, accommodating varied tenant needs. Built between 1920 and 1984, each property maintains its distinct character and quality. Each unit is sub-metered for both electricity and water, with tenants responsible for their own utilities. Water is provided by the city, while each building has its own septic tank system. The Lakeshore Portfolio represents an excellent investment opportunity with stabilized utility management, low-maintenance septic systems, and solid construction across multiple building types and unit configurations. Its diverse unit mix and reliable infrastructure make it a prime acquisition for investors seeking both stability and potential growth in Lake Alfred’s multifamily market.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1984
Lot:
0.75 Acres
Heating:
Central / Electric
Price/sqft:
$439
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$13,319
2024
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Bedrooms and bathrooms

    • Bedrooms: 56

  • Property

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.75 Acres

    Other Property Information

    • Parcel Number: 262805525500007010

    • Zoning: C-1

  • Type and style

    • Property Type: Residential Income

  • Utility

    • Electricity Connected

    • Sewer Nearby

    • Water Connected

  • Other financial information

    • Annual tax amount: $13,319

  • Source details

    • MLS ID: J994230

    Other facts

    • Construction Materials: Block / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Living Area: 7980

    • Lot Size Dimensions: 97 x 156

    • Subdivision Name: ROCHELLE TERRACE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: STELLAR NON-MEMBER OFFICE