Listing Details for MLS # P4927917
1155 S Lake Shore Way, Lake Alfred, Fl 33850

Residential Property - Single Family Residence in Lake Alfred

Listing Price: $150,000Days on Market: 299

Description of Property

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!The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $329,294. This single family residence is listed at about 46% of the average asking price. This is the only 3 bedroom/2 bath single family residence between $100,000 and $200,000 currently listed for sale in this Zip code.