6500 MIAMI DRIVE,Indian Lake Estates,Polk,FL, 33855, Commercial Sale, , 0, 2cec69da51befa4145b28eec3261c1c4, O6426717,6500 or MIAMI

$1,290,000

Overview

  • Updated On:
  • September 22, 2026
  • 12,480 ft2

Description

Positioned at the highly visible corner of State Road 60 and the main entrance to Indian Lake Estates, this exceptional commercial plaza presents a rare value-add investment opportunity with the potential to generate an impressive 12.30% annual ROI. The property offers a diverse mix of income-producing and value-add spaces, including 2 fully renovated turnkey office/retail suites, 5 retail spaces, a garage unit, 1 flex space, a turnkey restaurant, and a sports bar. The office/retail suites and restaurant are move-in ready, while the retail spaces and sports bar are primed for tenant build-outs, allowing a new owner to customize and maximize rental income. The flex space offers additional upside with a full rehabilitation opportunity. Significant capital improvements have already been completed, including fresh exterior paint, a roof recoating, and new parking lot striping in 2024, reducing near-term maintenance costs. Located at the gateway to the Indian Lake Estates community with excellent frontage and exposure on SR-60, this property offers outstanding visibility, strong leasing potential, and long-term investment upside for both seasoned investors and owner-operators.

Address: 6500 MIAMI DRIVE
State/County:
Zip: 33855
Country: United States

Property Id: 100324261
Price: $1,290,000
Property Size: 12,480 ft2
Property Lot Size: 1 ft2
Basement: Finished, Interior Entry
Building Area Total: 12480
Building Features: Bathrooms, Columns, Common Lighting, Extra Storage, Fencing, Furnished, Kitchen Facility, On Site Shower, Seating, Solid Surface Counter, Stone Counter
Construction Materials: Block, Brick, Concrete
Contract Status Change Date: 2026-07-26
Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Cumulative Days On Market: 23
Days On Market: 23
Direction Faces: North
Directions: From SR-60, turn onto DeLand Ave.
FoundationDetails: Slab
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
Levels: One
ListAOR: Orlando Regional
ListAgentAOR: Orlando Regional
ListAgentEmail: dcolombo@cmgorlando.net
ListAgentFullName: Daniel Colombo
ListAgentKey: 658ea4e506ae98ba26fe50b98d8e1b43
ListAgentMlsId: 261229513
ListAgentPreferredPhone: 407-489-9070
ListOfficeKey: edaafb90e5270d26f5ab253c8ca9339f
ListOfficeMlsId: 261011242
ListOfficeName: REALTY HUB
ListOfficePhone: 407-900-1001
ListingContractDate: 2026-07-20
ListingId: O6426717
ListingKeyNumeric: 800545145
ListingTerms: Cash
LivingAreaUnits: Square Feet
LotFeatures: Central Business District, Corner Lot, Near Golf Course, Neighbourhood, Rural, Shopping Center, Sidewalk, Street Lights
LotSizeArea: 42506
LotSizeDimensions: 170 x 250
LotSizeSquareFeet: 42506
LotSizeUnits: Square Feet
MLSAreaMajor: 33855 - Indian Lake Estates/Lake Wales
MlsStatus: Active
ModificationTimestamp: 2026-08-18T19:22:16.347Z
NumberOfBuildings: 1
OnMarketDate: 2026-07-26
OriginalEntryTimestamp: 2026-07-26T20:39:57.240Z
OriginalListPrice: 1290000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 303104994170000220
ParkingFeatures: Curb Parking, Ground Level, Lighted
PhotosChangeTimestamp: 2026-07-26T20:46:08.224Z
PhotosCount: 48
PriceChangeTimestamp: 2026-07-26T20:39:57.240Z
PropertyCondition: Under Renovation
RoadFrontageType: Street Lights, Street Paved, State Road
RoadSurfaceType: Paved, Asphalt, Concrete
Roof: Concrete
STELLAR_AdjoiningProperty: Hotel/Motel
STELLAR_AlternateKeyFolioNum: 303104994170000220
STELLAR_AnnualExpenses: 48500
STELLAR_AnnualIncomeType: Projected
STELLAR_CalculatedListPriceByCalculatedSqFt: 103.37
STELLAR_CensusBlock: 2
STELLAR_CensusTract: 015600
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 1290000
STELLAR_FloodZoneCode: X
STELLAR_ListOfficeContactPreferred: 888-900-1801
STELLAR_ListOfficeHeadOfficeKeyNumeric: 1042038
STELLAR_ListSource: MATRIX
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MlsMajorChangeType: New Listing
STELLAR_NetOperatingIncomeType: Projected
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Apartments.com, International MLS, Realtor.com, Zillow Rental, SkySlope Offers
SourceSystemKey: 800545145
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: 2026-07-26T20:39:57.240Z
StoriesTotal: 1
StreetName: MIAMI
StreetNumber: 6500
StreetNumberNumeric: 6500
StreetSuffix: DRIVE
TaxAnnualAmount: 13121.51
TaxBookNumber: 40-50
TaxLegalDescription: INDIAN LAKE EST UNIT 17 PB 40 PG 50 ELY 1/2 TRACT 22 & TRACT 23 SEC 4 31 30
TaxLot: 22
TaxYear: 2025
YearBuilt: 1966
Zoning: PUD

Other Features
Has Cooling System

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$6,614.09
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 5,001.59

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