by Global Lifestyle Properties

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Olga 33920
1941 BROWN ROAD
$399,000
↓ $186K (31.8%)
● House - For Sale

1941 BROWN ROAD

ALVA, FL 33920
bedrooms
8 Beds
bathrooms
2 Baths
square feet
2,084 Ft²
$2,298
Est. Monthly

About This Property

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.
Unit Size
2,084 Ft²
Days on Market
158 days
Land Size
0.31 acres
Price per sqft
$191
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1973

Listed By

Troy Funk
REALTY ONE GROUP SKYLINE

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Last updated: 4 months ago (Stellar MLS #A4690951)

Price History

Date / Event Date Event Price
Jun 16, 2026 Price Decreased $399,000
↓ $186K (31.8%)
Price Decreased
Apr 22, 2026 Listed by REALTY ONE GROUP MVP $585,000
Listed by REALTY ONE GROUP MVP

Property Highlights

Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s)
Appliances: None
Flooring Type: Tile
Laundry Features: Other
Rooms: 8
Exterior Details
Square Footage: 2084
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1973
Building Area Total: 2084
Levels: One
Building Area Units: Square Feet
Construction Materials: Stucco
Lot Size Area: 13329
Lot Size Units: Square Feet
Lot Size Acres: 0.31
Lot Size Square Feet: 13329
Lot Size Dimensions: 101 x 141
Tax Lot: 9
Water Source: Public
Financial Details
Tax Annual Amount: $4,063
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 2,834
  • Gross Building Area: 2,834
  • Building Area: 2,324
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,324
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALM BEACH TO RIVER / ALVA
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 001
  • Legal Description 1: IDALIA ANNEX BLK 4 PB 3 PG 44 PT LOT 9 THE S 100.85 FT

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 030205

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 25A
  • Account Number: 10298415
  • Subdivision Tract Number: 03
  • Parcel: 22-43-26-03-00004.009B
  • Block: 4
  • Lot: 9
  • Meridian: SEC 22 TWN 43S RNG 26E
  • Municipality: FORT MYERS SHORES FIRE
  • Latitude: 26.7161
  • Longitude: -81.7001

    Address

  • Full Address: 1941 Brown Rd
  • Address - House Number: 1941
  • Address - Street Name: Brown
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Alva
  • Carrier Code: R003
  • 4-Digit Zip Code: 3402
  • Zip Code: 33920

Valuation

    Tax

  • Total Area: 2,186
  • Tax Year: 2023
  • Tax Amount: $305,962
  • Tax Rate Code Area: 066

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 358,456
  • High Value: 428,380
  • Low Value: 288,532

    Market Valuation

  • Market Total Value: $233,423
  • Market Land Value: $25,924
  • Market Improvement Value: $207,499

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,691
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olga


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Unit for rent at 3425 Hampton Boulevard, Alva, FL, 33920

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Frequently Asked Questions

When was property at 1941 Brown Road built and last sold?
The property at 1941 Brown Road was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1941 Brown Road is $402,990.
What are some comparable homes to 1941 Brown Road?
There are currently no comparable homes to 1941 Brown Road.