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    Lake Alfred, FL Multifamily Properties for Sale

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    Auburndale, FL Winter Haven, FL Haines City, FL
    Lake Alfred Mixed-Use Redevelopment Site
    $500,000
    2,506 SF
    Lake Alfred Mixed-Use Redevelopment Site

    980 S LAKE SHORE WAY, Lake Alfred, FL 33850

    Prime redevelopment opportunity in Lake Alfred's central commercial corridor.
    • Prime redevelopment opportunity in the heart of Lake Alfred.
    • Highly visible location directly on a divided highway.
    • Potential interim income from three tenant‑occupied residential units.
    • Close proximity to local businesses, dining, and community amenities.
    • Excellent exposure and accessibility.
    Updated: Mar 25
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    2023-Built Duplex with Fenced Yard
    $449,999
    1,925 SF
    2023-Built Duplex with Fenced Yard

    650 E Grapefruit ave, Lake Alfred, FL 33850

    Two-unit duplex built in 2023 with tenants in place and a spacious fenced yard.
    • Immediate rental income potential with tenants already in place
    • Newer construction (built in 2023) with modern finishes and low‑maintenance design
    • No HOA, providing added flexibility for ownership and use
    • Spacious fenced yard
    • Located near everyday amenities, major roadways, and local services
    Updated: Feb 5
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    Newer-Construction Duplex with Fenced Yard
    $449,999
    1,925 SF
    Newer-Construction Duplex with Fenced Yard

    Built in 2023 duplex with tenants in place, modern finishes, and a spacious fenced yard with no HOA.

    640 E Grapefruit ave, Lake Alfred, FL 33850

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Lake Alfred, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Winter Haven Duplex Investment Opportunity
    $455,000
    1,944 SF
    Winter Haven Duplex Investment Opportunity

    Well-maintained duplex in Winter Haven with two 3-bedroom units.

    1830 2ND STREET NW, Winter Haven, FL 33881

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    Paved RV Pad with Tiki Hut
    $125,000
    0.09 Acres
    Paved RV Pad with Tiki Hut

    Paved RV pad in a gated 55+ motorcoach resort with utilities for a motorcoach up to 45 feet.

    3258 RED TAIL HAWK DRIVE, Polk City, FL 33868

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    Gated 55+ RV Resort Pad
    $125,000
    Gated 55+ RV Resort Pad

    Large paved RV pad with tiki hut and utility hookups sized for up to 45-foot motorcoaches.

    3258 RED TAIL HAWK Dr, Polk City, FL 33868

    View details
    Furnished Home in Gated Community
    $79,000
    0.09 Acres
    Furnished Home in Gated Community

    Well-kept, furnished manufactured home in a 55+ gated community.

    508 LAKESIDE RANCH Way, Winter Haven, FL 33881

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Land in 55+ Community
    Contact for pricing
    0.05 Acres
    Waterfront Land in 55+ Community

    Land in 55+ community with canal access and lake views.

    7066 FAIRVIEW VILLAGE CIRCLE, Winter Haven, FL 33881

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    Polk City RV Lot
    $179,000
    0.20 Acres
    Polk City RV Lot

    Buildable RV lot in a gated 55+ community.

    427 Travelers Drive, Polk City, FL 33868

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    Spacious Motorhome Lot Opportunity
    $75,000
    0.13 Acres
    Spacious Motorhome Lot Opportunity

    Class A motorhome lot with utilities in gated community.

    5133 SHORE LINE DRIVE, Polk City, FL 33868

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    Deeded Class A RV Lot
    $110,000
    0.19 Acres
    Deeded Class A RV Lot

    Concrete-padded deeded RV lot with utility hookups and an air-conditioned shed in Mount Olive Shores.

    5062 SOUTHSHORE DRIVE, Polk City, FL 33868

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    Lake Alfred, FL Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Lake Alfred, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,356 square feet of properties for sale, with an estimated market value of $1,399,998.

    Sale prices for multifamily properties in Lake Alfred, FL start at $449,999, averaging $466,666, and reaching up to $500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 9,825
    Population Growth (5Y) +25.9%
    Median Household Income $53,877
    College Educated 34.0%

    High-Yield Neighborhoods for Investment

    Identify Lake Alfred submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33850 $410.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Property Tax per SF $36.76 per SF
    Tax Rate vs County Average 0.28 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

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