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980 S LAKE SHORE Way
LAKE ALFRED FL 33850 US

$449,900

Active Listing ID L4965144
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6 bed
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2,506 square feet
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4.00 Bath (4 Full)
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Lot: 0.48 Acres
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Single Family Residence

$449,900

Active Listing ID L4965144
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980 S LAKE SHORE Way INVESTMENT OPPORTUNITY IN LAKE ALFRED! Located at 980 S Lakeshore Way, this unique multi-unit property offers excellent visibility, convenient access, and significant potential for an investor looking to add value and increase rental income. Situated on a prominent corner with frontage along a well-traveled roadway, the property consists of three separate buildings with four residential units, providing a total of 6 bedrooms and 4 bathrooms. The unit mix includes a two-story building with separate upstairs and downstairs residences, along with two additional detached residential buildings. Three units are currently occupied, including established long-term tenants, while one unit is vacant and offers an immediate opportunity for renovation and repositioning. Current rental income is approximately $1, 370 per month, with owner-provided estimated market rents totaling approximately $3, 400 per month, creating substantial potential for increased income as units are improved and rents are brought closer to market rates. With multiple structures, existing rental history, prominent road frontage, a corner location, and room for property improvements, this property presents an intriguing opportunity for an investor with a vision. Property is being offered in its current condition. Bring your ideas and explore the possibilities this Lake Alfred investment property has to offer. Whether you're looking to hold as an income-producing property or explore development possibilities in a growing area, this property offers exceptional visibility and location within Lake Alfred's main commercial corridor.

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Property Features

  • Facts
  • Lot Size: 0.48 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 4
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Exterior Finish: Sidewalk
  • Floor Covering: Carpet
  • Roof Type: Metal
  • Heating Fuels: Ductless (Heating)

School Information

  • School
  • Lake Alfred Elem(Elementary)
  • Stambaugh Middle(MiddleSchool)
  • Auburndale High School(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 449900
  • unparsedaddress: 980 S LAKE SHORE Way
  • postalcity: LAKE ALFRED
  • stateorprovince: FL
  • country: US
  • postalcode: 33850
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.48
  • lotsizeunits: Acres
  • lotsizearea: 0.48
  • livingarea: 2506
  • livingareaunits: Square Feet
  • latitude: 28.081023
  • longitude: -81.729437
  • listagentfullname: Tony Acosta
  • listagentemail: acosta.tony89@gmail.com
  • listagentkey: 3yd-MFRMLSFL-265580365
  • listagentmlsid: 265580365
  • listagentpreferredphone: 8632245956
  • listagentofficephone: 8632245956
  • listofficekey: 3yd-MFRMLSFL-260030684
  • listofficemlsid: 260030684
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1920
  • listingcontractdate: 2026-09-17
  • listagentfax: 8639677443
  • listagenturl: http://www.century21myersrealty.com/
  • countyorparish: Polk
  • parcelnumber: 26-28-05-525000-003070
  • elementaryschool: Lake Alfred Elem
  • highschool: Auburndale High School
  • appliances: Electric Water Heater, Range, Refrigerator
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Frame
  • flooring: Carpet
  • heating: Ductless (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Century 21 Real Estate
  • interiorfeatures: Ninguno
  • exteriorfeatures: Sidewalk
  • rooms: Bedroom 5, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 3, Bathroom 1
  • otherstructures: Guest House
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.72944, 28.081022
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"CENTURY 21 Myers Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"acosta.tony89@gmail.com", "ListBrokerageCity":"Auburndale", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jackmyers@tampabay.rr.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/6254f3e1986d11e59cc932988c0eaba2k-c1198826701r.png", "ListBrokerageName":"CENTURY 21 Myers Realty", "ListBrokeragePhone":"(863) 875-5656", "ListBrokeragePostalCode":"33823", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"304 East Park St.", "ListBrokerageWebsiteUrl":"http://www.century21myersrealty.com/", "ListOfficeAddress1":"304 E. Park Street ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"260030684", "ListOfficeCity":"Auburndale", "ListOfficeCountry":"US", "ListOfficeEmail":"mmyersc21@gmail.com", "ListOfficePostalCode":"33823", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential, LAKE ALFRED, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/980-S-Lake-Shore-Way_Lake-Alfred_FL_33850_M60399-01210?f=listhub&s=MFRMLSFL&m=L4965144&c=rexren", "MLSModificationTimestamp":"2026-09-23 10:49:23", "Neighborhoods":[{"Description":null, "Name":"ROCHELLE TERRACE"}], "PostalCode":null, "RoomCount":3, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1647, "TaxDescription":"ROCHELLE TERRACE PB 8 PG 44 BLK 3 LOTS 7 & 8 LESS ST RD 600", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/25/2026 6:54:52 AM GMT
Source Updated Date: 9/26/2026 12:50:14 AM GMT

Courtesy of: Tony Acosta, CENTURY 21 MYERS REALTY, acosta.tony89@gmail.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.