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6500 MIAMI DRIVE

Commercial For Sale
$1,290,000

BTC: 20.31656036

ETH: 678.00529790

4 days
0 room(s)
12,480 sqft

Overview

Positioned at the highly visible corner of State Road 60 and the main entrance to Indian Lake Estates, this exceptional commercial plaza presents a rare value-add investment opportunity with the potential to generate an impressive 12.30% annual ROI. The property offers a diverse mix of income-producing and value-add spaces, including 2 fully renovated turnkey office/retail suites, 5 retail spaces, a garage unit, 1 flex space, a turnkey restaurant, and a sports bar. The office/retail suites and restaurant are move-in ready, while the retail spaces and sports bar are primed for tenant build-outs, allowing a new owner to customize and maximize rental income. The flex space offers additional upside with a full rehabilitation opportunity. Significant capital improvements have already been completed, including fresh exterior paint, a roof recoating, and new parking lot striping in 2024, reducing near-term maintenance costs. Located at the gateway to the Indian Lake Estates community with excellent frontage and exposure on SR-60, this property offers outstanding visibility, strong leasing potential, and long-term investment upside for both seasoned investors and owner-operators.

Location

Florida • INDIAN LAKE ESTATES • 33855 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
Curb Parking / Ground Level / Lighted
Year Built:
1966
Lot:
0.98 Acres
Heating:
No Data
Price/sqft:
$103
Cooling:
Central Air / Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$13,121
2025
All facts and features

  • Cooling

    • Central Air

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

  • Parking

    • Curb Parking

    • Ground Level

    • Lighted

    Property

    • Levels: One

    Lot

    • Lot: 0.98 Acres

    Other Property Information

    • Parcel Number: 303104994170000220

    • Zoning: PUD

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $13,122

  • Source details

    • MLS ID: O6426717

    Other facts

    • Construction Materials: Block / Brick / Concrete

    • Foundation Details: Slab

    • Lot Features: Central Business District / Corner Lot / Near Golf Course / Neighbourhood / Rural / Shopping Center / Sidewalk / Street Lights

    • Direction Faces: North

    • Living Area: 12480

    • Lot Size Dimensions: 170 x 250

    • Subdivision Name: INDIAN LAKE ESTATES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

-$55K
For Sale
$945,000
Lots/Land
27.92 acres
SUNHILL ESTATES, FROSTPROOF
HWY 630 E

Market around this address

Live counts in the same area.
View all
This zip
33855
414
median $25K
Active
Same city
INDIAN LAKE ESTATES
373
median $25K
Active
Same type
Commercial
1
median $1.3M
Active
Similar price
$903K – $1.7M
1
median $1.3M
Active

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: REALTY HUB