Home in 1941 Brown Rd Alva for sale with MLS# A4690951
Investor opportunity Pad Split home fully occupied at approximately $4,000 month rental Income, with current rental income below its full potential. When you evaluate the Investor ROI on this opportunity, it Stands Out as an incredible investment to plug and play and generate solid cash flow. This property sits on a spacious lot and offers multiple paths for value-renovate, hold, or reposition as a rental. There's room to improve the existing structure and potentially add additional living space to increase income. Located in a quiet area with convenient access to parks, schools, and major roadways, making it appealing for both long-term tenants and short-term rental use. The lot size and setting provide flexibility to create a more desirable outdoor space for future occupants or guests.
1941 Brown Rd, Alva, FL 33920
- Price:
- $399,000.00
- Previous Asking Price:
- $585,000.00
- Original List Price:
- $585,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $191.46
- Listing Type:
- For Sale
- Status:
- Active
- Previous Status:
- Temporarily Off-market
- Listing Category:
- Residential
- Property Type:
- Single Family House
- MLS Number:
- A4690951
- Bedrooms:
- 8
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Living Area:
- 2,084 Sqft
- Built-Up Area:
- 2,084 Sqft
- Lot Area:
- 13,329 Sqft
- Lot Size Dimensions and Info:
- 101x141
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- Lot Size Acres:
- 0.31
- Waterfront:
- No
- Furnished:
- Furnished
- Interior:
- Ceiling Fans(s)
- Exterior:
- Other
- Laundry:
- Other
- Air Conditioning System:
- Central Air
- Heating System:
- Electric
- Property Entrance Faces:
- West
- Year Built:
- 1973
- Roof:
- Shingle
- Architectural Style:
- Ranch
- Levels:
- One
- Construction Materials:
- Stucco
- Flooring:
- Tile
- Number of stories:
- 1
- Foundation Details:
- Other
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $4,063.00
- Tax Year:
- 2025
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Available, Sewer Available, Water Available, Electricity Connected, Sewer Connected, Water Connected, Public
- Water Source:
- Public
- Minimum Lease Term:
- No Minimum
- Subdivision Name:
- YERKES GREIG W
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
- Lease Considered:
- Yes
- Tax Legal Description:
- IDALIA ANNEX BLK 4 PB 3 PG 44 PT LOT 9 THE S 100.85 FT
- Real Estate Folio Number (Parcel Number):
- 22-43-26-03-00004.009B
- Zoning:
- RS-2
- Title to the property is held by owner as:
- Fee Simple
- Originally published on:
- April 22, 2026 3:14 pm
- Active on the market since:
- April 22, 2026
- Listing Agreement executed on:
- April 22, 2026
- Price change occurred on:
- July 30, 2026 5:01 pm
- Listing Status Last Changed On:
- August 3, 2026 2:01 pm
- Photos updated on:
- August 3, 2026 2:03 pm
- Last Modified:
- August 3, 2026 2:03 pm
- Courtesy of:
- REALTY ONE GROUP MVP
- Attribution:
- 800-896-8790
- Road Surface Type:
- Asphalt
- Street Name:
- BROWN
- Street Number:
- 1941
- City:
- ALVA
- State:
- Florida
- Zip Code:
- 33920
- County:
- Lee
- Latitude:
- N26° 42' 58.5''
- Longitude:
- W82° 17' 59.9''
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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