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875 S Lake Shore Way

Lake Alfred, FL 33850
  • $389,900
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: S5154520
UPDATED: 42 min ago
$389,900
  • 6
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,609
    SQFT
  • $242
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
County:
Area:

School Ratings & Info

Description

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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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-08-16T23:42:27.82.
www.trinityteamrealty.net/homes/179311853
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875 S Lake Shore Way Lake Alfred, FL 33850

  • Price: $389,900
  • Status: Active
  • On Site: 20 Days
  • Updated: 42 min ago
  • MLS #: S5154520
6
Beds
0
Baths
0
½ Baths
0.33
Acres
1,609
SQFT
$242
$/SQFT
1945
Built
Neighborhood:
Rochelle Terrace
County:
Polk
Area:
Lake Alfred
Property Description
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.
Exterior Features

Carport Yn No Construction Materials Stucco Exterior Features GardenPrivate MailboxPrivate YardStorage Foundation Details BasementCrawlspace Lot Size Dimensions 100 x 145 Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Yn No

Interior Features

Basement Crawl SpacePartial Cooling Central Air Cooling YN Yes Fireplace Yn No Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Open Floorplan Laundry Features Laundry Room Sewer Septic Tank Water Source Public

Property Features

Additional Parcels YN No Annual Net Income 29236 Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Listing Terms CashConventional New Construction Yn No Occupant Type Tenant Ownership Fee Simple Property Sub Type Triplex Realtor Info As-IsCurrently LeasedList Agent is OwnerNo Sign Senior Community Yn No Special Listing Conditions None Tax Annual Amount 4043.25 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity Available Zoning C-1


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of LA ROSA REALTY LLC: 321-939-3748.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-08-16T23:42:27.82.
 
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Trinity Realty
2435 US-19, Suite #200
Holiday FL, 34691