4 Beds
2 Baths
2,084 SqFt
4 Beds
2 Baths
2,084 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,084 sqft
Price per Sqft $172
Subdivision Yerkes Greig W
MLS Listing ID TB8339474
Bedrooms 4
Full Baths 2
HOA Y/N No
Originating Board Stellar MLS
Year Built 1973
Annual Tax Amount $3,059
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 101x141
Property Description
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.
Location
State FL
County Lee
Community Yerkes Greig W
Zoning RS-2
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Central Air
Flooring Tile
Fireplace false
Appliance None
Laundry Other
Exterior
Exterior Feature Other
Utilities Available Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Other
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Architectural Style Ranch
Structure Type Stucco
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other, Owner Financing, Private Financing Available, USDA Loan
Listing Terms Cash, Conventional, Other, Owner Financing, Private Financing Available, USDA Loan
Special Listing Condition None
Find out why customers are choosing LPT Realty to meet their real estate needs