$399,000
1941 Brown Road
Alva, FL 33920
Listing updated: June 15, 2026 at 8:34 AM ET
Listing courtesy of Realty One Group Mvp · Troy Funk · MLS #A4690951 · Active · 800-896-8790Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
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 history54 days on market
- Status: ActiveApr 22, 2026
- Listed$585,000Apr 22, 2026
- Price reduced$399,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 54
- Subdivision
- Yerkes Greig W
- County
- Lee
- Year built
- 1973
- Living area
- 2,084 sq ft
- Price/sq ft
- $191
- Lot size
- 13,329 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE
- Annual taxes
- $4,063 (2025)
- Parcel #
- 22-43-26-03-00004.009B
- Zoning
- RS-2
- MLS #
- A4690951
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Interior Details
- Bedrooms
- 8
- Full bathrooms
- 2
- Flooring
- Tile
- Appliances
- None
- Interior features
- Ceiling Fans(s)
- Laundry
- Other
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Stucco
- Roof
- Shingle
- Foundation
- Other
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Bedroom 2 | First | |
| Bedroom 3 | First | |
| Bedroom 4 | Second | |
| Kitchen | First | |
| Living Room | First | |
| Bathroom 1 | First | |
| Bathroom 2 | First |
Listing Details
- Listing date
- 2026-04-22
- On market date
- 2026-04-22
- Original list price
- $585,000
- Occupant type
- Tenant
- MLS area
- 33920 - Alva
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-22
- Tax legal description
- IDALIA ANNEX BLK 4 PB 3 PG 44 PT LOT 9 THE S 100.85 FT
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 15, 2026 at 8:34 AM 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA