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Map
23021 Avenue A
About This Property
Discover the perfect opportunity to build your dream home or secure a smart long-term investment in one of Alva's most desirable and serene residential areas. This beautiful lot sits in a quiet, lightly developed neighborhood surrounded by nature, open skies, and the timeless charm that makes Alva so special.
Property Highlights
Generous lot size ideal for a custom single-family home, workshop, garden, or future expansion.
Peaceful rural setting with minimal traffic-perfect for those who value privacy, quiet mornings, and wide-open space.
High and dry area typical of this part of Alva, offering excellent buildability and flexibility for future plans.
No HOA or CDD fees, giving you full freedom over your property and design choices.
Growing residential corridor with new homes being built nearby, supporting long-term property value.
Location Benefits
Minutes from SR-80, offering quick access to Fort Myers, Lehigh Acres, and I-75.
Close to the Caloosahatchee River, perfect for boating, kayaking, fishing, and sunset views.
Near Alva Elementary, Alva Middle School, and Riverdale High, making it a great choice for families.
Short drive to the Alva Community Park, horseback riding trails, and nature preserves.
Convenient access to shopping, dining, and essentials in both Fort Myers and Lehigh Acres while still enjoying a peaceful rural lifestyle.
Build Now or Hold for the Future
Whether you're ready to start construction or want to secure land in a steadily appreciating area, this lot checks all the boxes. Alva continues to grow while maintaining its small-town charm-making this a smart move for homeowners and investors alike.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 24, 2026 | Relisted | $9,250 | |
| Relisted | |||
| Jun 21, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Price Decreased |
$6,500
↓ $3K
(27.8%) | |
| Price Decreased | |||
| May 11, 2026 | Listed by Realty World-C Bagans 1st | $9,000 | |
| Listed by Realty World-C Bagans 1st | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017