$425,000
$599,000
29.0%For more information regarding the value of a property, please contact us for a free consultation.
2,768 SqFt
SOLD DATE : 06/03/2026
Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 2,768 sqft
Price per Sqft $153
Subdivision Rochelle Terrace Rep
MLS Listing ID P4937065
Sold Date 06/03/26
Construction Status Completed
HOA Y/N No
Year Built 1954
Annual Tax Amount $6,229
Lot Size 0.890 Acres
Acres 0.89
Lot Dimensions 65x189
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
Prime Redevelopment Opportunity in Lake Alfred — 0.89 Acres with Guest Cottages
Discover an exceptional investment and redevelopment opportunity in the heart of Lake Alfred. Situated on 0.89 acres, this property currently features nine individual guest-style cottage units offering flexible use as short-term or long-term rentals. A separate utility shed also sits on the property, providing additional storage or operational space.
With its spacious layout, existing structures, and highly desirable location, this property is ideal for redevelopment into a modern motel, income-producing multi-unit lodging, boutique cottages, or commercial mixed-use concepts. Investors and developers will appreciate the expansive footprint, strong local growth, and proximity to major thoroughfares, lakes, and Central Florida attractions.
Whether you plan to renovate, reimagine, or rebuild entirely, this site presents a rare opportunity to bring a new vision to one of Lake Alfred's most promising commercial corridors.
Unlock the full potential of this unique property and create the next standout lodging or commercial destination in Lake Alfred.
Location
State FL
County Polk
Community Rochelle Terrace Rep
Area 33850 - Lake Alfred
Zoning C-1
Interior
Cooling Wall/Window Unit(s)
Exterior
Parking Features Parking Spaces - 6 to 12
Roof Type Shingle
Building
Lot Description City Limits, Street Lights, Paved
Story 1
Foundation Crawlspace, Slab
Lot Size Range 1/2 to less than 1
Structure Type Concrete,Vinyl Siding
New Construction false
Construction Status Completed
Others
Ownership Corporation
Acceptable Financing Cash, Private Financing Available
Listing Terms Cash, Private Financing Available
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Terry Yonker BUCKEYE REALTY LLC
NEARBY SCHOOLS & BUSINESSES
