Active
$2,400,000
Est. $14,911/mo

1702 1/2 Us Highway 92 W, Auburndale, FL, 33823

$249/sqft

0 ba9,647 sqftHotel/Motel
Listed by CENTURY 21 MYERS REALTY· Last updated · MLS# L4963226

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Est. monthly payment
$14,911/mo
Down payment (20%)
$480,000
Property taxes
$1,194/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
Built 1950
Waterfront
Lake Front
4.37 acres
Lot size
9,647 sqft
Living area

About this home

1702 1/2 Us Highway 92 W is a 1950-built home Auburndale. Listed at $2,400,000 (about $249/sqft), 36 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Exceptional Lakefront Commercial Investment Opportunity with Residential Estate. A rare chance to acquire one of Auburndale’s most recognizable hospitality properties. This established 14-room lakefront motel has enjoyed decades of successful operation and a strong occupancy history while benefiting from outstanding visibility and frontage on Highway 92 W, one of Central Florida’s major east-west corridors. The offering includes two lakefront parcels extending to beautiful Lake Lena, providing a unique combination of commercial income potential and waterfront lifestyle. Also included is a spacious 3,195-square-foot lakefront residence with private access, ideal for an owner/operator, on-site management, executive housing, vacation rental, or additional revenue opportunity. The large lakeside gazebo adds tremendous value and versatility to the property. Overlooking the water, it creates an ideal venue for weddings, receptions, corporate gatherings, family reunions, private parties, and other special events, offering exciting opportunities to expand revenue streams. The motel has been a local landmark since the 1950s, featuring attractive curb appeal, mature landscaping, and meticulously maintained grounds. Its prime location provides convenient access to Interstate 4, Orlando, Tampa, Lakeland, Winter Haven, shopping, dining, and Central Florida’s world-famous attractions. Whether you envision continuing its successful hospitality operation, enhancing the existing business with an event venue, or exploring future redevelopment possibilities (subject to local approvals), this property presents a truly exceptional investment opportunity. Properties offering commercial frontage, established income potential, a substantial residence, and direct lakefront access are seldom available in one package. Schedule your private tour today to discover the possibilities of this extraordinary waterfront property.

The essentials

Built
1950
Price / sqft
$249
On market
67 days
Annual tax
$14,332
Flood zone
X · Low risk
Lot
190,357 sqft
Type
Hotel/Motel

Location

1702 1/2 Us Highway 92 W
Auburndale, FL, 33823·33823 - Auburndale
Type
Hotel/Motel
Year Built
1950
Lot
190,357 sqft
Cooling
Central Air
Heating
Central
Parking
-
Waterfront
Lake Front
Days on Market
67
Flood Zone X

Annual Tax (2025)

$14,332

Parcel #

25-28-09-000000-021020

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

County

Polk

MLS Area

33823 - Auburndale

Lot Size

190,357 sqft

Date
Event
Price
8/11/2026
Price change
Source: Stellar MLS #L4963226
$2,400,000-4.0%
$249/sqft
7/6/2026
Listed for sale
Source: Stellar MLS #L4963226
$2,500,000
$259/sqft
Est. monthly payment$14,911/mo
Principal & interest$12,517
Property taxes$1,194
Insurance$1,200
Down payment20% · $480,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $2,400,000
$2.39M – $2.40M
99.5% – 100% of listTops out right at the list price
80% of listList price
120 of the last 198 home closings in 33823 landed at this number or higher (61%). The median one sat 35 days before it went under contract, and this one is on day 67 after a $100,000 cut.

Sample: 198 closed home sales in 33823 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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