Lake Alfred, FL Residential income properties for sale

Updated: Jul 27

Triplex Property with Stucco Construction

875 S Lake Shore Way, Lake Alfred, FL 33850

$389,900

1,609 sqft 0.33 AC lot

Three‑unit triplex with three grandfathered rental units
0.33‑acre lot and 1,609 SF building
Stucco construction
Built in 1945
Public water and septic tank service

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This listing looks promising.

Here's a quick look at some key insights for

875 S Lake Shore Way, Lake Alfred, FL 33850

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Est. Cap Rate

4.4%
NOI ÷ price
Est. NOI

$17K
Annual
Price @ 7% Cap

$244K
Suggested
Property Type

Single Family Residence
Built 1945

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Updated: Jul 27

Triplex with C-1 Zoning

875 S LAKE SHORE Way, Lake Alfred, FL 33850

$389,900

1,609 sqft 0.33 AC lot

Three‑unit triplex building built in 1945
0.33‑acre lot zoned C‑1
Central heat and central air conditioning
Public water with septic tank
Stucco exterior with shingle roof

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Fixer-Upper Duplex Income Property

845 S CHAR MIL AVENUE, Lake Alfred, FL 33850

$280,000

2,000 sqft

Duplex for sale at 845 S Char Mil Avenue, offered as a fixer-upper with income-producing potential.

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Mobile Home Park Lots with Lake Access

2313 Bass Lane, Lake Alfred, FL 33850

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Multiple lots ready for single- or double-wide homes within a community offering private lake access and clubhouse amenities.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

Duplex with Central Air

1830 2ND Street NW, Winter Haven, FL 33881

$455,000

1,944 sqft 0.15 AC lot

Well-maintained duplex with two 3-bedroom, 1-bath units, central air, and public water and sewer.

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Winter Haven Condo Near Downtown

1776 6TH ST NW St 209, Winter Haven, FL 33881

$123,000

1,347 sqft 38.00 AC lot

Move-in ready condo in gated community near downtown Winter Haven.

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Updated Home in 55+ Community

312 TOWNBRIDGE DRIVE, Haines City, FL 33844

$199,900

1,754 sqft 0.11 AC lot

Updated 2-bed, 2-bath home in a resident-owned golf community.

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Brick Triplex Investment Property

140 Ave W NW, Winter Haven, FL 33881

Contact for pricing

Brick triplex built in 1974, fully leased with professional management and tenant-paid utilities.

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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.

Vacant Lot in Lake Alfred

26-27-28-493500-011041 N 3RD Street, Lake Alfred, FL 33850

Contact for pricing

0.28 AC lot

Vacant lot available in Lake Alfred, Polk County, Florida.

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Winter Haven Multifamily Development Land

BRIGHAM Road, Winter Haven, FL 33881

$980,000

9.80 AC lot

9.8 acres zoned for multifamily development in Winter Haven.

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Residential Land in Gated Community

158 BLAZING STAR Avenue, Lake Alfred, FL 33850

$63,000

0.22 AC lot

Residential lot in gated community with lake access and amenities.

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Waterfront Residential Lot

295 SPINNAKER Court, Auburndale, FL 33823

$109,900

0.48 AC lot

Cleared waterfront lot in a gated residential community, ready for construction in Auburndale.

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Lake Alfred, FL Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Lake Alfred, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,218 square feet of properties for sale, with an estimated market value of $1,059,800.

Sale prices for residential income properties in Lake Alfred, FL start at $280,000, averaging $353,266, and reaching up to $389,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
33850	$350K

Neighborhood

Average Price

33850

$350K