1255 S LAKE SHORE WAYLAKE ALFRED, FL 33850




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$2,733Prime 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.
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Status changed to Pending | |
| 4 months ago | Price changed to $599,000 | |
| 4 months ago | Listing first seen on site |
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Last checked: 2026-04-03 09:44 AM EDT
