875 S Lake Shore Way, Lake Alfred, FL 33850

Lake Alfred
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
875 S Lake Shore Way,Lake Alfred, FL 33850
$389,900
  • 6 Beds
  • 3 Baths
  • 1,609 sq. ft.
  • Multi-family
  • Active
Listed by: christopher rivera alamo
Office: la rosa realty llc.
MLS#:S5154520
Source:MFRMLS

Price summary

  • Price:$389,900
  • Price per sq. ft.:$242.32

About this home

Investor Description (Short & Straight to the Point) Income-producing property with endless upside! This unique investment features 3 grandfathered rental units generating approximately $5,700/month in rental income. Situated on one of Polk County's highest-traffic corridors, the property offers exceptional visibility, commercial-area potential, and possible billboard income (buyer to verify approvals). Buy below the cost of comparable commercial opportunities and capitalize on multiple future value-add possibilities.

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Home facts

  • Year built:1945
  • Subdivision & Development:ROCHELLE TERRACE
  • Listing ID #:S5154520
  • Added:10 day(s) ago
  • Updated:August 07, 2026 at 12:30 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Basement:Yes
  • Basement Description:Basement, Crawlspace
  • Living area:1,609 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1945
  • Building area:1,609 sq. ft.
  • Lot area:0.33 Acres
  • Construction Materials:Stucco
  • Exterior Features:Garden, Private Mailbox
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$389,900
  • Price per sq. ft.:$242.32
  • Tax amount:$4,043 (2025)

Features and amenities

  • Laundry features:Laundry Room
  • Amenities:Cable Available, Ceiling Fans(s), Electricity Available, Open Floorplan
  • Pool features:Public Pool
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