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1255 S LAKE SHORE WAY

Commercial Recently Sold
$425,000

BTC: 5.22369715

ETH: 174.75328947

Sold on: 2026-06-03
88 days
0 room(s)
2,768 sqft

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
6 to 12 Spaces
Year Built:
1954
Lot:
0.89 Acres
Heating:
No Data
Price/sqft:
$216
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$6,229
2024
All facts and features
  • Cooling

    • Wall/Window Unit(s)

  • Parking

    • 6 to 12 Spaces

    Lot

    • Lot: 0.89 Acres

    Other Property Information

    • Parcel Number: 262805525500008010

    • Zoning: C-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $6,230

  • Source details

    • MLS ID: P4937065

    Other facts

    • Construction Materials: Concrete / Vinyl Siding

    • Foundation Details: Crawlspace / Slab

    • Lot Features: City Lot / Street Lights

    • Direction Faces: Southeast

    • Other Structures: Storage

    • Living Area: 2768

    • Lot Size Dimensions: 65 x 189

    • Subdivision Name: ROCHELLE TERRACE REP

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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: CENTURY 21 MYERS REALTY