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.
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 Details
Price:
$399,000
MLS #:
A4690951
Status:
Active
Beds:
8
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
YERKES GREIG W
Neighborhood:
33920alva
Listed Date:
Apr 22, 2026
Finished Sq Ft:
2,084
Total Sq Ft:
2,084
Lot Size:
13,329 sqft / 0.31 acres (approx)
Year Built:
1973
See this Listing
Schools
Interior
Appliances
None
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Electric
Interior Features
Ceiling Fan(s)
Laundry Features
Other
Levels
One
Exterior
Architectural Style
Ranch
Construction Materials
Stucco
Direction Faces
West
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2025
Taxes
$4,063
Map
Community
- Address1941 BROWN ROAD ALVA FL
- SubdivisionYERKES GREIG W
- CityALVA
- CountyLee
- Zip Code33920
Subdivisions in ALVA
- ACREAGE & UNREC
- ALVA
- ASHTON OAKS/RIVER HALL
- CASCADES AT RIVER HALL
- CASCADES/RIVER HALL PH 1B
- DUKE HWY
- HAMPTON LAKES AT RIVER HALL EA
- HAMPTON LKS/RIVER HALL PH 01
- HAMPTON LKS/RIVER HALL SOUTH
- IDALIA
- LEHIGH ACRES
- LEHIGH ACRES SEC 36
- MCCLINTICK M E & NELLA LORAINE
- NORTH RIVER ESTATES
- RIVER HALL COUNTRY CLUB PH 2
- RIVERWIND COVE PH 02
- TOWN ALVA
- WHEELERS SUB
Market Summary
Current real estate data for Single Family in ALVA as of Jun 21, 2026
13
Single Family Listed
26
Avg DOM
267
Avg $ / SqFt
$606,609
Avg List Price
Property Summary
- Located in the YERKES GREIG W subdivision, 1941 BROWN ROAD ALVA FL is a Single Family for sale in ALVA, FL, 33920. It is listed for $399,000 and features 8 beds, 2 baths, and has approximately 2,084 square feet of living space, and was originally constructed in 1973. The current price per square foot is $191. The average price per square foot for Single Family listings in ALVA is $267. The average listing price for Single Family in ALVA is $606,609. To schedule a showing of MLS#a4690951 at 1941 BROWN ROAD in ALVA, FL, contact your CENTURY 21 Carioti agent at 2392986550.
Similar Listings Nearby
Courtesy of REALTY ONE GROUP MVP. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1941 BROWN ROAD
ALVA, FL