Lake Alfred, FL 33850,380 LAKE SHORE WAY S

$600,000

$635,000

5.5%
Est.Price: ?

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Est. payment /mo

2,710 SqFt


SOLD DATE : 08/08/2025

Key Details

Sold Price $600,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 2,710 sqft

Price per Sqft $221

Subdivision Codington Resub

MLS Listing ID TB8371593

Sold Date 08/08/25

Construction Status Completed

HOA Y/N No

Year Built 1983

Annual Tax Amount $2,519

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Retail

Source Stellar MLS

Property Description

Introducing 380 S Lake Shore Way (Hwy 17-92), Lake Alfred - an outstanding opportunity in the vibrant downtown redevelopment district of Lake Alfred, Florida. This almost-half-acre property boasts a prime location on a busy highway with 55,000 daily car counts and with easy access to major cities and recreational spots. Direct access to I-4, Orlando, and Disney, and close proximity to Winter Haven's Chain of Lakes ensure endless possibilities for residents and visitors alike. Dollar Tree, Dunkin Donuts, and Ace Hardware are within blocks. Other retailers are on the horizon with a 3-acre development planned diagonally across the street (see photo).The property features commercial/industrial zoning and a well-maintained 2800 sq ft building, ideal for retail, restaurant, hotel, or office space. With a high potential cash flow this property offers a lucrative investment opportunity. Don't miss out on this chance to own a piece of Central Florida's thriving real estate market. Price: $635,000 for both parcels. The town of Lake Alfred is currently underserved for restaurants, drug stores, hotels, dentists, and general retail for the rate in which it is growing in population! This is a Golden Opportunity to seize the moment as the town expands. EASY zoning for restaurant, and the town really needs a seafood place or steakhouse!!
Current retail business an be negotiated separately directly with Seller.

Location

State FL

County Polk

Community Codington Resub

Area 33850 - Lake Alfred

Zoning CI

Direction S

Interior

Heating Central

Cooling Central Air

Flooring Brick, Carpet, Concrete

Exterior

Parking Features Over 30 Spaces

Utilities Available Public

Roof Type Metal

Building

Lot Description Corner Lot, City Limits, Landscaped, Near Public Transit, Oversized Lot, Sidewalk, Paved

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Needed

Water Public

Structure Type Block,Cedar

New Construction false

Construction Status Completed

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by BHHS FLORIDA PROPERTIES GROUP
Bought with BHHS FLORIDA PROPERTIES GROUP

GET MORE INFORMATION

agent
Gary Berkson

ABR CRS CDPE, REALTOR®/Broker-Associate | Lic# BK348697

+1(407) 920-0206

300 Primera Blvd Ste 100 Lake Mary FL 32746

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