Lake Alfred, FL 33850,1100 S LAKE SHORE WAY
Listed by
Bought with
$3,500,000
$3,500,000
Est.Price: ?

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56 BD
28 BA
7,980 SqFt

1100 S LAKE SHORE WAY Lake Alfred, FL 33850

Est. payment /mo
SOLD DATE : 10/17/2025

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Key Details

Sold Price $3,500,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,980 sqft

Price per Sqft $438

Subdivision Rochelle Terrace

MLS Listing ID J994230

Bedrooms 56

Year Built 1984

Annual Tax Amount $13,319

Lot Size 0.750 Acres

Property Sub-Type Multi Family

New Construction false

Property Description

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

State FL

County Polk

Community Rochelle Terrace

Area 33850 - Lake Alfred

Zoning C-1

Interior

Heating Central, Electric

Cooling Central Air

Laundry Laundry Room

Exterior

Exterior Feature Sidewalk

Utilities Available Electricity Connected, Sewer Nearby, Water Connected

Roof Type Shingle

Building

Foundation Slab

Sewer Septic Tank

Structure Type Block,Frame

New Construction false

Others

Special Listing Condition None

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Team Virgadamo

Team Virgadamo

Co-Owner, Operations Manager | BK3291480

+1(727) 807-8833

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