360 N Lake Shore WAY, Lake Alfred, FL, 33850 | $299,999

Make sure to check out the interactive 3-D tour! Discover a rare blend of history and modern comfort in this beautifully restored 1925 Florida bungalow, situated on a spacious corner lot in the charming city of Lake Alfred. This 3-bedroom, 2-bathroom home is brimming with timeless character while offering all the conveniences of a fully renovated space. Step onto the wrap-around front porch, where you’ll immediately feel the welcoming embrace of this historic gem. Inside, the home boasts intricately detailed ceilings, an open floor plan, and gleaming wood floors that exude warmth and authenticity. The cathedral ceilings enhance the openness, filling the space with light and air. The great room is a showstopper, with its striking wood-paneled main wall featuring built-in shelving with a custom live-edge wood countertop, seamlessly blending vintage charm with contemporary design. The kitchen continues the theme with wood cabinets, and the matching live-edge wood countertops as the great room, and a gas stove—a dream for those who love to cook. Stainless steel side by refrigerator, dishwasher and microwave complete the appliance suite. The grand oversized rustic barn doors open into the primary bedroom, which offers a private retreat, measuring 15x14 with a connected 10x8 bonus room, currently used as a walk-in closet but versatile enough to serve as a nursery, office, or hobby space. The home has updated plumbing and electrical systems, a new HVAC system, and a fully fenced backyard with new vinyl fencing for privacy. Home and roof were just inspected, please have your Realtor® reach out for details. The corner lot offers ample outdoor space, with a double gate allowing easy access to store boats, trailers, or recreational vehicles- with no HOA restrictions, the possibilities are endless! This property’s C1 mixed-use zoning offers exceptional versatility, ideal for a range of uses that could be used for transforming into a boutique retail shop, professional office space, vacation rental (Airbnb/VRBO), or even a small medical office. With its blend of charm and functionality, it’s also an excellent opportunity for a live/work setup or an investment in a mixed-use rental property, which expands the possibilities for the uses of this property, buyer to verify that their intended use aligns with the property’s C1 mixed-use zoning regulations with the city of Lake Alfred. Lake Alfred’s historic charm adds to the allure, with its roots dating back to the late 19th century with a warm, small-town feel. This property is a perfect blend of old and new, where history meets contemporary living. Don’t miss your chance to own this truly special home—where the past and present come together beautifully. Lake Alfred is situated near Winter Haven, Auburndale and Haines City, and approximately 7 miles to the on ramp for Interstate-4 off State Road 557. Call today for your in person or virtual tour.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 50 x 120
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Bungalow, Key West
  • Year Built: 1925
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,750
  • Acreage: 0.14
  • Lot Size: 50 x 120
  • Est. Taxes: $2,133
  • Lot Desc: Corner Lot
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater
  • MLS#: L4950036
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/L4950036/360nlakeshoreway_lakealfred_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/19/2025 9:17:07 AM)
Listing courtesy of Keller Williams Realty   Phone: 863-577-1234

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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360 N Lake Shore WAY, Lake Alfred, FL, 33850

$299,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $239,999 $239,999 $239,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.191% 7.171% 6.276%
Monthly Tax Payment $178 $178 $178
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,577 $1,595 $2,024
Total Monthly Payment $1,830 $1,848 $2,277

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.