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.
For sale
$585,000
1941 Brown Rd, Alva, FL 33920
8beds
2,084sqft
Single Family Residence
Built in 1973
0.31 Acres Lot
$-- Zestimate®
$281/sqft
$-- HOA
What's special
Spacious lot
- 51 days |
- 172 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Troy Funk 941-241-3850,
REALTY ONE GROUP MVP 800-896-8790
Source: Stellar MLS,MLS#: A4690951
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Bedroom 4
- Features: Built-in Closet
- Level: Second
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Other
Features
- Ceiling Fan(s)
- Flooring: Tile
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 2,084
- Total interior livable area: 2,084 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Other
Lot
- Size: 0.31 Acres
- Dimensions: 101 x 141
Details
- Parcel number: 2243260300004.009B
- Zoning: RS-2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: YERKES GREIG W
HOA
- Has HOA: No
Location
- Region: Alva
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $275,597
- Annual tax amount: $4,063
- Date on market: 4/22/2026
- Cumulative days on market: 52 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$2,450/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Listed for sale | $585,000+225%$281/sqft |
Source:  Stellar MLS #A4690951 Report a problem | ||
| 3/12/2026 | Listing removed | $740 |
Source: Zillow Rentals Report a problem | ||
| 3/8/2026 | Listed for rent | $740 |
Source: Zillow Rentals Report a problem | ||
| 3/26/2025 | Sold | $180,000-50%$86/sqft |
Source: Public Record Report a problem | ||
| 3/7/2025 | Listed for sale | $359,996$173/sqft |
Source: Stellar MLS #TB8339474 Report a problem | ||
| 2/9/2025 | Pending sale | $359,996$173/sqft |
Source: Stellar MLS #TB8339474 Report a problem | ||
| 1/25/2025 | Listed for sale | $359,996$173/sqft |
Source: Stellar MLS #TB8339474 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,063 -7.9% | $275,597 -9.6% |
| 2024 | $4,413 +44.2% | $304,873 +67.8% |
| 2023 | $3,060 +11.6% | $181,691 +10% |
| 2022 | $2,742 +17.2% | $165,174 +10% |
| 2021 | $2,340 +210.8% | $150,158 +138.3% |
| 2020 | $753 +2.6% | $63,014 -53.8% |
| 2019 | $734 | $136,464 +124% |
| 2018 | $734 0% | $60,928 +2.1% |
| 2017 | $734 +1.4% | $59,675 -49.5% |
| 2016 | $723 +1.9% | $118,094 +6.2% |
| 2015 | $710 -0.1% | $111,208 +19.1% |
| 2014 | $710 +3.1% | $93,395 +40.9% |
| 2013 | $689 +2.3% | $66,299 +11.2% |
| 2012 | $674 -0.9% | $59,598 +10% |
| 2011 | $680 -23.1% | $54,157 -24.5% |
| 2010 | $885 -18.5% | $71,754 -17.6% |
| 2009 | $1,085 +3.8% | $87,030 -32.1% |
| 2008 | $1,045 -10.6% | $128,190 -4.2% |
| 2007 | $1,169 -0.6% | $133,810 -2.8% |
| 2006 | $1,177 +0.4% | $137,620 +43.2% |
| 2004 | $1,173 -3.6% | $96,120 +1.2% |
| 2003 | $1,216 +4.4% | $94,970 +2% |
| 2002 | $1,165 | $93,110 +16.9% |
| 2000 | -- | $79,620 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33920
Nearby schools
GreatSchools rating
- 3/10River Hall Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10The Alva SchoolGrades: PK-8Distance: 5.5 mi
- 4/10Riverdale High SchoolGrades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Lee County
- Alva
- 33920
- 1941 Brown Rd
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Nearby neighborhoods
Nearby zip codes
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