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Sold for $3,500,000
  • $3,500,000

    1100 S Lakeshore Way, Lake Alfred, FL 33850

    2beds
    1baths
    7,980sqft
    Multi Family
    Built in 1984
    -- sqft lot
    $1,168,200 Zestimate®
    $439/sqft
    $1,168 Estimated rent

    Home value

    $1,168,200

    $911,000 - $1.50M

    $1,168/mo

    Zestimate® history
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    What's special

    The Lakeshore Portfolio, a diverse collection of multifamily properties located in Lake Alfred, Polk County, Florida. This portfolio consists of seven properties situated along Lakeshore Way and David Avenue, comprising a total of 28 units on 2.30 acres, all in adjacent parcels. The properties feature a mix of concrete block and wood-frame construction, each with pitched shingle roofs. The portfolio offers a range of unit configurations, including studios, one-bedroom, two-bedroom, and three-bedroom options, accommodating varied tenant needs. Built between 1920 and 1984, each property maintains its distinct character and quality. Each unit is sub-metered for both electricity and water, with tenants responsible for their own utilities. Water is provided by the city, while each building has its own septic tank system. The Lakeshore Portfolio represents an excellent investment opportunity with stabilized utility management, low-maintenance septic systems, and solid construction across multiple building types and unit configurations. Its diverse unit mix and reliable infrastructure make it a prime acquisition for investors seeking both stability and potential growth in Lake Alfred’s multifamily market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Non-Member Agent,

    STELLAR NON-MEMBER OFFICE 000-000-0000

    Bought with:

    Tito Urbano Perez, 3470017

    FLORIDA REALTY INVESTMENTS

    Source: Stellar MLS,MLS#: J994230MLS LogoOriginating MLS: Other

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 7,980 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Carport spaces: 2
    Features
    • Exterior features: Sidewalk
    Lot
    • Size: 0.75 Acres
    • Dimensions: 97 x 156
    Details
    • Additional parcels included: 262805525000006042, 262805525000006041, 262805525000006051, 262805525000006052, 262805525000006062, 262805525000006071
    • Parcel number: 262805525500007010
    • Zoning: C-1
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Wood Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Electricity Connected, Sewer Nearby, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: ROCHELLE TERRACE
    Location
    • Region: Lake Alfred

    Financial & listing details

    • Price per square foot: $439/sqft
    • Tax assessed value: $1,101,600
    • Annual tax amount: $13,319
    • Date on market: 10/17/2025
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/17/2025Sold$3,500,000+536.4%$439/sqft
    Source: Stellar MLS #J994230 Report a problem
    9/24/2008Sold$550,000+57.1%$69/sqft
    Source: Public Record Report a problem
    6/4/2004Sold$350,000+45.8%$44/sqft
    Source: Public Record Report a problem
    3/25/2002Sold$240,000$30/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,534 +16.6%$698,658 +10%
    2024$13,319 +14.2%$635,144 +10%
    2023$11,658 +6.7%$577,404 +10%
    2022$10,921 +5.8%$524,913 +10%
    2021$10,327 +14.7%$477,194 +10%
    2020$9,002 -1.5%$433,813 +0.6%
    2019$9,136 $431,278 +1.8%
    2018$9,136 +1%$423,512 +5%
    2017$9,048 +11.1%$403,263 +8.3%
    2016$8,142 +7.4%$372,284 +9.2%
    2015$7,580 +7.5%$340,809 +4.5%
    2014$7,048 $326,002
    Find assessor info on the county website

    Neighborhood: 33850

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,168,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,168,200