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Key Details
Sold Price $600,000
Property Type Single Family Home
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,710 sqft
Price per Sqft $221
Subdivision Codington Resub
MLS Listing ID TB8371593
Sold Date 08/08/25
Construction Status Completed
HOA Y/N No
Year Built 1983
Annual Tax Amount $2,519
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type Retail
Source Stellar MLS
Property Description
Introducing 380 S Lake Shore Way (Hwy 17-92), Lake Alfred - an outstanding opportunity in the vibrant downtown redevelopment district of Lake Alfred, Florida. This almost-half-acre property boasts a prime location on a busy highway with 55,000 daily car counts and with easy access to major cities and recreational spots. Direct access to I-4, Orlando, and Disney, and close proximity to Winter Haven's Chain of Lakes ensure endless possibilities for residents and visitors alike. Dollar Tree, Dunkin Donuts, and Ace Hardware are within blocks. Other retailers are on the horizon with a 3-acre development planned diagonally across the street (see photo).The property features commercial/industrial zoning and a well-maintained 2800 sq ft building, ideal for retail, restaurant, hotel, or office space. With a high potential cash flow this property offers a lucrative investment opportunity. Don't miss out on this chance to own a piece of Central Florida's thriving real estate market. Price: $635,000 for both parcels. The town of Lake Alfred is currently underserved for restaurants, drug stores, hotels, dentists, and general retail for the rate in which it is growing in population! This is a Golden Opportunity to seize the moment as the town expands. EASY zoning for restaurant, and the town really needs a seafood place or steakhouse!!
Current retail business an be negotiated separately directly with Seller.
Location
State FL
County Polk
Community Codington Resub
Area 33850 - Lake Alfred
Zoning CI
Direction S
Interior
Heating Central
Cooling Central Air
Flooring Brick, Carpet, Concrete
Exterior
Parking Features Over 30 Spaces
Utilities Available Public
Roof Type Metal
Building
Lot Description Corner Lot, City Limits, Landscaped, Near Public Transit, Oversized Lot, Sidewalk, Paved
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Needed
Water Public
Structure Type Block,Cedar
New Construction false
Construction Status Completed
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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