1100 S LAKE SHORE WAY, Lake Alfred, FL 33850

$3,500,000

Est. payment /mo

$3,500,000

Est.Price: ?

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1100 S LAKE SHORE WAY Lake Alfred, FL 33850

56 Beds

28 Baths

7,980 SqFt

SOLD DATE : 10/17/2025

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

Sold Date 10/17/25

Bedrooms 56

HOA Y/N No

Year Built 1984

Annual Tax Amount $13,319

Lot Size 0.750 Acres

Acres 0.75

Lot Dimensions 97x156

Property Sub-Type Multi Family

Source Stellar MLS

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

Fireplace false

Laundry Laundry Room

Exterior

Exterior Feature Sidewalk

Utilities Available Electricity Connected, Sewer Nearby, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Structure Type Block,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Magda Whelton And Michelle Whelton

Magda Whelton And Michelle Whelton

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Stellar MLS
Listed by Non-Member Agent STELLAR NON-MEMBER OFFICE
Bought with Tito Urbano Perez FLORIDA REALTY INVESTMENTS

NEARBY SCHOOLS & BUSINESSES

Magda Whelton And Michelle Whelton

Magda Whelton And Michelle Whelton

Advisor | License ID: SL3226366

+1(941) 408-4047

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