980 S Lake Shore Way

Lake Alfred, FL 33850

$500,000
Price
—
Beds
—
Baths
2,506 Sq. Ft.
$200 / Sq. Ft.
2,506
Sq. Ft.
$200
per Sq. Ft.
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Description

Prime redevelopment opportunity located in the heart of Lake Alfred along the city’s main corridor. This highly visible property sits directly on a divided highway through the central stretch of town, offering excellent exposure and accessibility. The property currently includes three residential units, all of which are tenant-occupied, providing potential interim income while future plans are considered. With its strategic location along a major thoroughfare and within close proximity to local businesses,...Prime redevelopment opportunity located in the heart of Lake Alfred along the city’s main corridor. This highly visible property sits directly on a divided highway through the central stretch of town, offering excellent exposure and accessibility. The property currently includes three residential units, all of which are tenant-occupied, providing potential interim income while future plans are considered. With its strategic location along a major thoroughfare and within close proximity to local businesses, dining, and community amenities, the site presents significant potential for future redevelopment or investment. 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.
  1. Listed by Brent Morse • Brokerage DRE #1036982 • CENTURY 21 MYERS REALTY
    P: (407)-463-6952 C: (407)-463-6852 brentlmorse@gmail.com
  2. Listed by Tony Acosta • Brokerage DRE #1036982 • CENTURY 21 MYERS REALTY
    P: (863)-224-5956 C: (863)-224-5956 acosta.tony89@gmail.com

Property Details for 980 South Lake Shore Way

Subdivision Name
ROCHELLE TERRACE
Township
28
Waterfront
No
LISTING UPDATED: 04/30/2026 12:25 PM

Property Details for 980 South Lake Shore Way

StatusActive
MLS #S5145068
Days on Market57
Taxes$1,647 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1920
Lot Size0.48 AC / 20,870 SF
CountyPolk County
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Location

Listing Courtesy of CENTURY 21 MYERS REALTY, Brent Morse; CENTURY 21 MYERS REALTY, Tony Acosta
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Building Information for 980 South Lake Shore Way

Stories2Residences-Year Built1920Lot Size0.48 AC / 20,870 SF

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$2,629 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,492

Property Taxes

$137

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 980 South Lake Shore Way

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2550.0
  • Building Area Units: Square Feet
  • Direction Faces: West
  • Directions: Heading east on US Hwy 92 continue until road becomes US Hwy 17/ S Lake Shore Way. Destination will be on your right at the corner of Mackay Blvd.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Street Lights, Street Paved, Divided Highway, State Road
  • Unit Number: No
  • Street Number: 980
  • Street Direction Prefix: S
  • Street Name: LAKE SHORE
  • Street Suffix: WAY
  • State: FL
  • City: LAKE ALFRED
Parking
  • Parking Features: 1 to 5 Spaces
Taxes and HOA Information
  • Tax Block: 3
  • Tax Book Number: 8-44
  • Tax Legal Description: ROCHELLE TERRACE PB 8 PG 44 BLK 3 LOTS 7 & 8 LESS ST RD 600
  • Tax Lot: 7
  • Tax Year: 2025
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Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Sidewalk, Street Lights
  • Lot Size Dimensions: 150 x 140
  • Parcel Number: 262805525000003070
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Use Code: 0811
  • Water Access: No
  • Water Extras: No
  • Zoning: C-1
  • Living Area: 2506
  • Lot Dimensions: 150 x 140
Property and Assessments
  • Year Built Numeric: 1920
  • Adjoining Property: Multi-Family, Residential
  • Flood Zone Code: X
  • Flood Zone Date: 12-22-2016
  • Flood Zone Panel: 12105C0355G
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 26
  • Public Survey Section: 05
Utilities
  • Sewer: Public Sewer
  • Utilities: Emergency Power, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Foundation Details: Slab
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Vegetation: Mature Landscaping
  • Waterfront Feet Total: 0
  • Number Of Stories: 2
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No

Property History for 980 South Lake Shore Way

DateEvent & SourcePriceAppreciation
Mar 25, 2026

Listed (Active)

MFRMLS #S5145068

$500,000—
DateEvent & SourcePrice
03/25/2026

Listed (Active)

MFRMLS #S5145068

$500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 980 South Lake Shore Way

Taxable ValueLand$50,000Additions$35,867Total$85,867
Tax Record2025$1,647 ($137 / month)
Home Facts
Total Finished SqFt1,730 SqFtAbove Grade Finished SqFt1,730 SqFtStories2Lot Size20,870 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920Year Renovated1981ZoningC-1CountyPOLKAPN262805525000003070

Schools near 980 South Lake Shore Way

This home is within Polk.
Rating
School
Type
Grades
Distance
Lake Alfred Elementary School
Public - PK to 5
Frank E. Brigham Academy
Public - PK to 5
Jewett School Of The Arts
Public - PK to 8
Jewett Middle Academy Magnet
Public - 6 to 8
Rating
School
Distance
Lake Alfred Elementary School
PublicPK to 5

Frank E. Brigham Academy
PublicPK to 5

Jewett School Of The Arts
PublicPK to 8

Jewett Middle Academy Magnet
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 980 South Lake Shore Way, Lake Alfred, FL 33850

980 South Lake Shore Way is a mixed use property for sale in Lake Alfred, FL 33850. This property was listed for sale on March 25, 2026 by CENTURY 21 MYERS REALTY, it's currently listed at $500,000. This listing's school district is Polk. Nearby schools include Lake Alfred Elementary School, Frank E. Brigham Academy and Jewett School Of The Arts. 980 South Lake Shore Way is a 0-bed, 0-bath, 2,506 sqft mixed use property built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 MYERS REALTY, Brent Morse; CENTURY 21 MYERS REALTY, Tony Acosta

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/30/2026 12:25 PM