Rochelle Terrace Real Estate

Welcome to Rochelle Terrace, a hidden gem nestled in the heart of Lake Alfred, Florida. This charming subdivision is a perfect blend of tranquility and modern living, making it an ideal place for families, retirees, and anyone seeking a peaceful lifestyle in Polk County.

Rochelle Terrace boasts a welcoming community atmosphere, where neighbors become friends and gatherings are frequent. The tree-lined streets are perfect for evening strolls, and the well-maintained parks nearby offer ample opportunities for outdoor activities, from picnics to playdates. The lush landscapes and serene surroundings create a picturesque setting that enhances the quality of life for its residents.

Conveniently located, Rochelle Terrace provides easy access to major highways, making commutes to nearby cities like Winter Haven and Lakeland a breeze. Residents enjoy a variety of local amenities, including charming shops, delightful restaurants, and recreational facilities that cater to all ages. With Lake Alfred’s beautiful lakes and parks just a stone's throw away, outdoor enthusiasts will find plenty of opportunities for fishing, boating, and hiking.

Education is a priority in this community, with highly-rated schools nearby, ensuring that families have access to quality education. Whether you’re looking for a cozy starter home or a spacious residence to accommodate your growing family, Rochelle Terrace offers a diverse selection of properties that cater to various lifestyles and budgets.

Discover the charm of Rochelle Terrace, where community spirit meets the beauty of Florida living. Your dream home awaits in this delightful subdivision!

Newest Listings in Rochelle Terrace

$399,000

6 Beds ⋅ 4 Baths ⋅ Rochelle Terrace SubDv. ⋅ 33850 Zip Code

INVESTMENT OPPORTUNITY IN LAKE ALFRED! Located at 980 S Lakeshore Way, this unique multi-unit property offers excellent visibility, convenient access, and significant potential for an investor looking to add value and increase rental income. Situated on a prominent corner with frontage along a well-traveled roadway, the property consists of three separate buildings with four residential units, providing a total of 6 bedrooms and 4 bathrooms. The unit mix includes a two-story building with separate upstairs and downstairs residences, along with two additional detached residential buildings. Three units are currently occupied, including established long-term tenants, while one unit is vacant and offers an immediate opportunity for renovation and repositioning. Current rental income is approximately $1,370 per month, with owner-provided estimated market rents totaling approximately $3,400 per month, creating substantial potential for increased income as units are improved and rents are brought closer to market rates. With multiple structures, existing rental history, prominent road frontage, a corner location, and room for property improvements, this property presents an intriguing opportunity for an investor with a vision. Property is being offered in its current condition. Bring your ideas and explore the possibilities this Lake Alfred investment property has to offer. Whether you’re looking to hold as an income-producing property or explore development possibilities in a growing area, this property offers exceptional visibility and location within Lake Alfred’s main commercial corridor.

980 S Lake Shore Way, Lake Alfred

$399,000

Rochelle Terrace SubDv. ⋅ 33850 Zip Code

Prime redevelopment opportunity located in the heart of Lake Alfred along the city’s main corridor. This highly visible property sits directly on a divided highway through the central stretch of town, offering excellent exposure and accessibility. The property currently includes three residential units, all of which are tenant-occupied, providing potential interim income while future plans are considered. With its strategic location along a major thoroughfare and within close proximity to local businesses, dining, and community amenities, the site presents significant potential for future redevelopment or investment. Whether you’re looking to hold as an income-producing property or explore development possibilities in a growing area, this property offers exceptional visibility and location within Lake Alfred’s main commercial corridor.

980 S Lake Shore Way, Lake Alfred

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