$1,290,000
6500 Miami Drive
Indian Lake Estates, FL 33855
Listing updated: August 18, 2026 at 3:23 PM ET
Listing courtesy of Realty Hub · Daniel Colombo · MLS #O6426717 · Active · 407-900-1001Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history23 days on market
- Status: ActiveJul 26, 2026
- Listed$1,290,000Jul 26, 2026
- Price increased$1,290,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 23
- Subdivision
- Indian Lake Estates
- County
- Polk
- Year built
- 1966
- Living area
- 12,480 sq ft
- Price/sq ft
- $103
- Lot size
- 42,506 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X
- Annual taxes
- $13,122 (2025)
- Parcel #
- 30-31-04-994170-000220
- Zoning
- PUD
- MLS #
- O6426717
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Interior Details
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Cooling
- Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Parking
- Parking features
- Curb Parking, Ground Level, Lighted
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Block, Brick, Concrete
- Roof
- Concrete
- Foundation
- Slab
- Road surface
- Asphalt, Concrete, Paved
Listing Details
- Listing date
- 2026-07-20
- On market date
- 2026-07-26
- Original list price
- $1,290,000
- Occupant type
- Vacant
- MLS area
- 33855 - Indian Lake Estates/Lake Wales
- Listing AOR
- Orlando Regional
- Status changed
- 2026-07-26
- Tax legal description
- INDIAN LAKE EST UNIT 17 PB 40 PG 50 ELY 1/2 TRACT 22 & TRACT 23 SEC 4 31 30
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From SR-60, turn onto DeLand Ave.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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Based on information submitted to the MLS GRID as of August 18, 2026 at 3:23 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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