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Pending · Single Family

1988 US HIGHWAY 17 92

LAKE ALFRED, FL 33850

Area
1,216 sqft
Single FamilyBuilt 1985180,826 sqft lotCentralCentral Air, Mini-Split Unit(s)$822/sqft332 days on market

About this home

Under contract-accepting backup offers. Discover a prime commercial opportunity with this expansive 4.15-acre property, zoned HEAVY INDUSTRIAL (I-2), ideally situated with 575 feet of highway frontage on Highway 17-92 in Lake Alfred. This strategic location offers excellent accessibility to both Tampa and Orlando, with convenient proximity to Interstate 4. The property is fully fenced and cross-fenced for security and features a versatile two-story office building, currently utilized as a business office with a residential space on the upper level. Additionally, a mobile home with added space complements the site. The property includes three septic systems and a 130-foot deep well, ensuring ample utilities for various industrial applications. With room for at least 20 vehicles, this lot is perfect for businesses seeking expansion. Please note that the owner operates a current business on-site. Showings are by appointment only with 24-hour notice—no drop-by's, please. Seize this unique opportunity to invest in a thriving industrial area!

Facts & features

Interior

Living area
1,216 sqft
Heating
Central
Cooling
Central Air, Mini-Split Unit(s)
Stories
2

Exterior & lot

Lot size
180,826 sqft (4.15 ac)
Roof
Shingle
Construction
Block, Frame

Financial

Annual tax
$4,696 (2024)
Price / sqft
$822/sqft

Utilities

Water
Well
Sewer
Septic Tank
Utilities
BB/HS Internet Capable, Electricity Available, Sewer Nearby, Water Connected, Water Nearby

Property

Property type
Single Family
Year built
1985
Subdivision
RIGGINS H S SUB
County
Polk

Listing

Status
Pending
Days on market
107 days
MLS #
MFR769390391
Source
Stellar MLS

Listed by David Small · KELLER WILLIAMS REALTY SMART 1

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$1.07M
+6.7% vs asking
$1.01M low$1.13M high

Based on 14 comparable sales within 4 miles of LAKE ALFRED, FL, this home is priced under 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
Estimated monthly payment$5,939/mo
Principal & interest
$5,322/mo
Property tax
$417/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.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
May 22, 2026Price reduced$999,999−$700,001
Sep 10, 2025Listed$1,700,000

NeighbourhoodSample data

Reference scores for LAKE ALFRED, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
70/ 100
Very walkable
Transit Score
80/ 100
Excellent transit
Bike Score
78/ 100
Very bikeable
Elementary school
9/ 10
Top-rated
Middle school
6/ 10
Above average
High school
6/ 10
Above average

Location

Frequently asked questions

What would 1988 US HIGHWAY 17 92, LAKE ALFRED cost per month?

About $5,948 a month: $5,057 principal and interest, $391 property tax, $500 insurance. That assumes 20% down at 6.5% over 30 years.

Is 1988 US HIGHWAY 17 92, LAKE ALFRED priced fairly?

Comparable sales nearby put it between $165,108 and $189,964, with $177,536 in the middle. That is from 8 properties of the same type and size within three miles, at a median of $146 a square foot.

How does 1988 US HIGHWAY 17 92, LAKE ALFRED compare to nearby homes?

8 comparable properties within three miles. The nearest: 33 EDINBURGH DRIVE, HAINES CITY, FL at $169,900, 1,008 sq ft, 0.75 miles away; 245 RAMSGATE WAY, HAINES CITY, FL at $85,000, 1,040 sq ft, 0.77 miles away; 212 YORK COTTAGE DRIVE, HAINES CITY, FL at $185,000, 1,170 sq ft, 0.77 miles away.

How long has 1988 US HIGHWAY 17 92, LAKE ALFRED been on the market?

107 days on the market.

Has the price of 1988 US HIGHWAY 17 92, LAKE ALFRED changed?

It has gone down from $1,700,000 to $999,999, a change of -41.2%.

How big is 1988 US HIGHWAY 17 92, LAKE ALFRED?

1,216 square feet. That is $822 a square foot.

What year was 1988 US HIGHWAY 17 92, LAKE ALFRED built?

Built in 1985.

What is the HOA fee at 1988 US HIGHWAY 17 92, LAKE ALFRED?

The feed lists no association fee for this property.

What are the property taxes at 1988 US HIGHWAY 17 92, LAKE ALFRED?

Property tax works out to about $391 a month, $4,696 a year.

Is 1988 US HIGHWAY 17 92, LAKE ALFRED still available?

It is under contract.

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