1155 S Lake Shore WAY Lake Alfred, FL $ 165,000
1155 S Lake Shore WAY
$ 165,000
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1155 S Lake Shore WAY

Lake Alfred, FL, 33850
$ 165,000
Bedrooms3 Baths2.0 Sq 1,126

Monthly Estimate*

$ 1,097

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Single Family Home for sale in Lake Alfred, FL

for $165,000 with 3 bedrooms and 2 full baths. This 1,126 square foot home was built in 1926 on a lot size of 0.18.

Uncover the Commercial Potential in Lake Alfred, Florida! We present to you an exciting and unique opportunity to breathe new life into a property that was once a cherished residence. This home, which had undergone extensive upgrades, did face the unfortunate event of a fire. However, the silver lining is that our loss is now your gain. Positioned directly across from the Lake Rochelle public boat access on Lake Shore Way South (17-92) as you enter Lake Alfred, this property is brimming with potential. While it currently enjoys residential zoning, it holds the coveted status of being grandfathered in, paving the way for a seamless conversion to a commercial establishment. Here's what awaits you with this remarkable property: Option 1: Renovate and restore the existing structure, blending the historical charm of a residential property with the functionality of a commercial space. Let your creativity run wild as you breathe new life into this versatile canvas. Option 2: Embrace a bold vision and embark on the construction of a brand-new, cutting-edge commercial building that caters to the evolving needs of the Lake Alfred community. The location of this property is second to none, offering exceptional visibility and accessibility, which are paramount for any successful business venture. Whether you choose to remediate the current structure or embark on a new construction project, the opportunities are boundless. Don't let this extraordinary chance slip through your fingers. Schedule your showing today to explore the untapped potential of this Lake Alfred property. Create your own opportunities by turning your commercial dreams into a vibrant reality in this thriving Florida community. Act now and secure your place in the future of Lake Alfred's business landscape!

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Single Family Active

Price

$ 165,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,221

Style

Single Family Residence

Lot Size

0.18

Year Built

1926

Town/City

Lake Alfred

County/Region

Polk

MLS | Web ID

P4927917

Features
General
Interior Features Built-in Features Walk-In Closet(s)
Sewer Other
Heating Other
Cooling Other
Utilities Electricity Available
Roof Shingle
Appliances Microwave Range Hood
Exterior Features Private Mailbox
Construction Materials Wood Frame
Year Built 1926
Levels One
Property SubType Single Family Residence
Tax Year 2022
Percent Ownership Fee Simple
County Polk
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name ROCHELLE TERRACE REP
Facing Direction Southwest
Garage Y/N No
Total Rooms 3
Status Active
Directions Home is Directly on 17-92 in front of the Lake Alfred public boat access on Lake Rochelle
City LAKE ALFRED
Buyer Agent Compensation 2.5%
Body of Water Lake Rochelle
Disclosures Lead Paint
View Y/N No
Senior Community Y/N No
MLS Area 33850 - Lake Alfred
Lot Size Units Square Feet
Lot Size Square Feet 7789
Waterfront Y/N No
Carport Y/N No
Street Name Lake Shore
Land Lease Y/N No
Tax Annual Amount 2221.04
Additional Parcels Y/N No
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4927917
Days on Market 178
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 6
Legal Description REPLAT OF BLOCKS 7 & 8 ROCHELLE TERRACE PB 31 PG 41 BLK 7 LOT 6 LESS ST RD 600
Water View Lake
Minimum Lease No Minimum
Water Access Y/N No
Water View Y/N Yes
Flood Zone Code X
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Interior
Flooring Other
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Half Baths 0
Total Bedrooms 3
Total Baths 2
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Exterior
Water Source None
Lot Size Area 7789
Foundation Details Crawlspace
Building Area Total 1390
Lot Dimensions 80 x 97.5
Street Suffix WAY
Lot Size Acres 0.18
Road Surface Type Asphalt
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* Excluded Features
List By
Keller Williams Realty Smart 1

Broker

austintwaters@gmail.com

Email

Affordability Calculator

$1,282
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,097
Monthly Property Taxes
$185
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2024$165,000 -13.16% Price Down
1/3/2024$189,999 -5.00% Price Down
11/30/2023$199,999 -8.68% Price Down
11/14/2023$219,000 -2.67% Price Down
10/30/2023$225,000 Listed Price

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1155 S Lake Shore WAY, Lake Alfred, FL, 33850 is a Single Family Home for sale at $165,000 with 1,126 sqft and a lot size of 0.18. 1155 S Lake Shore WAY has 3 bedrooms, 2.0 baths, and was built in 1926. The property's zip code is 33850 which is in Lake Alfred, FL