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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.
| DAYS ON MARKET | 2 | LAST UPDATED | 1/24/2025 |
|---|---|---|---|
| TRACT | YERKES GREIG W | YEAR BUILT | 1973 |
| COMMUNITY | 33920 - Alva | COUNTY | Lee |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Jan 24, '25 | $345,000 |
|---|---|
| Jan 24, '25 - Today | $359,996 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | None |
| AREA | 33920 - Alva |
| CONSTRUCTION | Stucco |
| EXTERIOR | Other |
| HEAT | Electric |
| LOT | 0.31 acre(s) |
| LOT DIMENSIONS | 101x141 |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | YERKES GREIG W |
| TAXES | 3059.62 |
| UTILITIES | Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Hawk Mikado, EXP REALTY LLC, 888-883-8509
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 1/25/25 10:31 PM PST.
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