Lake Alfred, FL
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    Lake Alfred, FL Residential Income 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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    Residential Land with Well and Septic
    $299,900
    4.93 Acres
    Residential Land with Well and Septic

    Build on a wooded residential parcel already served by well, septic, and power, with an on-site outbuilding.

    6873 WILBAR LANE, Haines City, FL 33844

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    Updated Home in 55+ Community
    $199,900
    1,754 SF
    Updated Home in 55+ Community

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

    312 TOWNBRIDGE DRIVE, Haines City, FL 33844

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    Winter Haven Condo Near Downtown
    $123,000
    1,347 SF
    Winter Haven Condo Near Downtown

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

    1776 6TH ST NW St 209, 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.

    Vacant Lot in Lake Alfred
    Contact for pricing
    0.28 Acres
    Vacant Lot in Lake Alfred

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

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

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    Lake Alfred Development Opportunity
    $500,000
    2.39 Acres
    Lake Alfred Development Opportunity

    2.39-acre parcel with canal access to Lake Echo.

    1080 South Buena Vista Drive, Lake Alfred, FL 33850

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    Residential Lot Near Downtown
    $65,000
    0.60 Acres
    Residential Lot Near Downtown

    Vacant lot in Lake Alfred, ready for new construction.

    1120 S CROSS AVENUE, Lake Alfred, FL 33850

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    Residential Land in Gated Community
    $63,000
    0.22 Acres
    Residential Land in Gated Community

    Residential lot in gated community with lake access and amenities.

    158 BLAZING STAR AVENUE, Lake Alfred, FL 33850

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    Lake Alfred, FL Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Lake Alfred, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,420 square feet of properties for sale, with an estimated market value of $1,624,998.

    Sale prices for residential income properties in Lake Alfred, FL start at $225,000, averaging $406,249, 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

    Multifamily properties 4
    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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