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$585,000

1941 Brown Road Alva, FL 33920 Residential - Single Family Active

  • 1941 Brown Road, Alva, FL 33920 Main Photo

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Description

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.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Electric
Home Style: Ranch
Lot Size: 0.31 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,063
Year Built: 1973

General Information

Bedrooms: 8
Bathrooms: 2 Full
Sqft: 2,084
County: Lee
Subdivision: YERKES GREIG W
Listed By:
Troy Funk REALTY ONE GROUP MVP 800-896-8790

Amenities

Ceiling Fans(s)
Other

Property Features

Appliances: None
Days on Site: 52
Directions: From SR-80 (Palm Beach Blvd), head north on Joel Blvd. Turn right onto Brown Rd. Continue to the property; it will be on your left.
Exterior: Stucco
Flood Zone Code: AE
Flooring: Tile
Foundation: Other
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.31
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RS-2
$585,000
8beds
2.0baths
2,084sqft
Active
BEDS8 BATHS2 full SQUARE FEET2,084 MLS#A4690951
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONYERKES GREIG W

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1941 Brown Road, Alva, FL 33920.

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Estimated Payment

$ 2,482.32 per month $1,973.11 Principal & Interest $338.58 Property Tax $170.63 Homeowner's Insurance

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