875 LAKE SHORE WAY
LAKE ALFRED, FL 33850
About this home
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.
Facts & features
Interior
- Bedrooms
- 6
- Bathrooms
- 3
- Living area
- 1,609 sqft
- Heating
- Central
- Cooling
- Central Air
- Features
- Ceiling Fans(s), Open Floorplan
Exterior & lot
- Lot size
- 14,558 sqft (0.33 ac)
- Roof
- Shingle
- Construction
- Stucco
- Exterior
- Garden, Private Mailbox, Private Yard, Storage
Financial
- Annual tax
- $4,043 (2025)
- Price / sqft
- $242/sqft
Utilities
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- Cable Available, Electricity Available
Property
- Property type
- Multi-Family
- Year built
- 1945
- Subdivision
- ROCHELLE TERRACE
- County
- Polk
Listing
- Status
- Active
- Days on market
- Today
- MLS #
- MFR801164342
- Source
- Stellar MLS
Listed by Christopher Rivera Alamo · LA ROSA REALTY LLC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 23 comparable sales within 3 miles of LAKE ALFRED, FL. priced over RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $2,075/mo
- Property tax
- $292/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Price historySample data
Reference timeline for $389,900. Live MLS history swaps in with the Stellar feed.
| Date | Event | Price | Change |
|---|---|---|---|
| 2026-07 | Listing updated | $389,900 | — |
| 2026-02 | Price changed | $389,900 | −$23,394 |
| 2025-11 | Listed | $413,294 | — |
NeighbourhoodSample data
Reference scores for LAKE ALFRED, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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