Residential Property - Single Family Residence in Alva
Listing Price: $359,996
Description of Property
Investor Dream: Fixer-Upper with Airbnb Potential in Alva, FL Property Address: 1941 Brown Rd, Alva, FL 33920 This property is the ultimate canvas for real estate investors, cash buyers, and savvy entrepreneurs. Nestled on a spacious lot, it offers prime potential for upgrades, adding value, and even creating a separate Accessory Dwelling Unit (ADU). Whether you're planning a quick flip, buy-and-hold strategy, or a cash-generating short-term rental like an Airbnb, the possibilities are endless. Why This Property is a Must-See: * ARV & Returns: With an estimated ARV of $459,000 and the option to boost rental income by adding an ADU, this property is a golden ticket. * Generous Lot: Room to expand or reimagine the outdoor space into a vacation-worthy haven, adding immense rental appeal. * Prime Location: Situated in Alva, a peaceful community offering easy access to parks, schools, and roadways—perfect for long-term tenants or short-term vacationers. * Solid Bones: Ready for an inspired investor to unlock its true value. Key Investment Numbers You’ll Love: * ARV: $459,000+ (even more with strategic upgrades or an ADU!) * Estimated Repairs: $40K–$70K (Based on sqftage, do your own due diligence) * Potential Rental Income: Excellent for long-term leases or high-yield Airbnb stays. What Makes this an Airbnb and Short-Term Rental (STR) Star? This property’s location and lot size make it ideal for hosting vacationers seeking a tranquil yet accessible getaway. With a little imagination, this could be the next hot destination on Airbnb, attracting families, couples, and solo travelers craving an escape from the city bustle. Unique Selling Points: 1. Immediate Equity Opportunity: Priced to sell quickly for cash buyers only—don't miss this foreclosure gem. 2. Proven Income Strategy: Transform this fixer-upper into a high-demand rental property with tailored upgrades. 3. Fast Closing Available: Need funding for repairs? We can assist with tailored options to help you get this property market-ready and maximize profits. Close to Everything Tenants & Guests Want: * Access to parks, top-rated schools, and major roadways. * Nearby attractions for vacationers, ensuring a steady flow of short-term rental guests. Your Next Investment Opportunity is Here—Don’t Wait!?This property is in foreclosure and priced for a quick sale, so cash buyers capable of moving fast will be prioritized. ?? Contact Us Today?Call us now to schedule a walkthrough or submit your offer. Opportunities like this don't wait—why should you? NOTE: Property is sold as is, no repairs will be made. All offers will be considered.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Alva
County: Lee
Subdivision: Yerkes Greig W
Bedrooms: 4
Bathrooms: 2
Sq. Ft. Gross: 2,084
Sq. Ft. Living Area: 2,084
Cost per (heated) sqare foot: $173
Year built: 1973
Annual Tax: $3,060
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: None
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style: Ranch
Construction: Stucco
Foundation: Other
Roof: Shingle
Exterior Features: Other
Parking Features:
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Utilities:
- Electricity Available
- Electricity Connected
- Public
- Sewer Available
- Sewer Connected
- Water Available
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 0.31
Lot Size (sq. ft.): 13,329 square feet
Lot Dimensions: 101 x 141
Front Exposure: West
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, Other, Owner May Carry, Private Financing Available, USDA Loan
Parcel Number: 2243260300004.009B
Zoning: RS-2
Tax Legal Desc.: IDALIA ANNEX BLK 4 PB 3 PG 44 PT LOT 9 THE S 100.85 FT
Section: 22
Range: 26E
Listing courtesy of EXP REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.