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Alva 33920
23031 N River Road
$244,000
● House - Off Market

23031 N River Road

Alva, FL 33920
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,562 Ft²
$405,352
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

LOVELY 3 BEDROOM 2 BATH RANCH HOME ON 2.23 ACRES OF LAND THAT HAS A BEAUTIFUL OAK HAMMOCK AND OPEN PASTURE AREA.  THIS CBS HOME IS 1,562 SQ FT WITH GREAT OPEN FLOOR DESIGN. INCLUDES 5 CLOSETS, LAUNDRY ROOM AND CARPORT.  CLOSE TO CALOOSAHATCHEE RIVER BOAT  RAMP. DON'T MISS THIS RARE OPPORTUNITY TO PURCHASE A PROPERTY THAT BACKS UP TO STATE OWNED LAND IN ALVA, FLORIDA. BRING YOUR FARM ANIMALS AND BIG BOY TOYS!
Unit Size
1,562 Ft²
Days on Market
161 days
Land Size
-
Price per sqft
$154
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 5 months ago (Beaches MLS #H10058632)

Price History

Date / Event Date Event Price
Feb 21, 2018 Sold
Premium
Sold
Jul 29, 2017 Listed by Hollywood Beach Realty Inc $299,900
Listed by Hollywood Beach Realty Inc
Sep 1, 2016 Sold
Premium
Sold
Mar 23, 2016 Listed by Hollywood Beach Realty Inc $239,999
Listed by Hollywood Beach Realty Inc

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 170
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 98,010
  • Total Building Area: 1,732
  • Gross Building Area: 1,732
  • Building Area: 1,732
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,562
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: BABCOCK FL CO
  • Land Acres: 0000002250
  • Standard Land Use Code: 7012
  • County Land Use Code: 60
  • State Land Use Code: 001
  • Legal Description 1: PARL IN SW 1/4 OF SW 1/4 DESC IN OR 1782 PG 4617

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 030300

Zoning

  • Zoning: AG-2

Geography

  • Assessors Map Reference: 31
  • Account Number: 10355815
  • Subdivision Tract Number: 00
  • Parcel: 13-43-27-00-00001.001B
  • Block: 1
  • Lot: 1B
  • Meridian: SEC 13 TWN 43S RNG 27E
  • Municipality: ALVA FIRE DISTRICT
  • Latitude: 26.7261
  • Longitude: -81.5819

    Address

  • Full Address: 23031 N River Rd
  • Address - House Number: 23031
  • Street Direction: N
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Alva
  • Carrier Code: R007
  • 4-Digit Zip Code: 3359
  • Zip Code: 33920

Valuation

    Tax

  • Total Area: 1,596
  • Tax Year: 2023
  • Tax Amount: $209,789
  • Tax Rate Code Area: 158

    Market Valuation

  • Market Total Value: $205,226
  • Market Land Value: $19,565
  • Market Improvement Value: $138,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,379

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 16, 2018
  • Current Sale Recording Date: Feb 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2018000042443
  • Previous Sale Recording Date: Sep 01, 2016
  • Previous Sale Contract Date: Aug 31, 2016
  • Previous Sale Amount: $244,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Alva

Stats & Trends

Median Asking:

$584,000

Sale Price/ft²

$261

Below Asking

0.03%

Average Days on Market

69

Average Home Size

2518 ft²

Average Home Age

33.3 years

Currently For Sale

32 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Beth Maitlen
Hollywood Beach Realty Inc
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# H10058632
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 23031 North River Road built and last sold?
The property at 23031 North River Road was built in 1996 and last sold on Feb 16, 2018 for $273,000.
How much is this home worth?
The estimated value of the home located at 23031 North River Road is $0.
What are some comparable homes to 23031 North River Road?
There are currently no comparable homes to 23031 North River Road.
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