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Active Residential

1941 BROWN ROAD

Alva, FL 33920

STELLAR #A4690951 Updated: Jun 15, 2026, 11:23am
$399,000
8 Beds • 2 Baths • 2,084 SqFt
Property
ActiveResidential
1/29
$399,000

1941 BROWN ROAD

Alva, FL 33920
8
Beds
2
Baths
2,084
SqFt
0.31
Acres
STELLAR
#A4690951
Updated: Jun 15, 2026, 11:23am

Property Description

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.
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Included Appliances
None

Property Details

Interior
Bathrooms Total Decimal
2
Building Area Total
2084
Cooling
Central Air
Flooring
Tile
Furnished
Furnished
Heating
Electric
Interior Features
Ceiling Fan(s)
Laundry Features
Other
Living Area
2084
Rooms Total
8
Construction
Architectural Style
Ranch
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Stucco
Direction Faces
West
Foundation Details
Other
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Stories Total
Yes
Year Built
1973
Site & Exterior
Exterior Features
Other
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.31
Lot Size Area
13329
Lot Size Dimensions
101 x 141
Lot Size Square Feet
13329
Lot Size Units
Square Feet
Public Survey Range
26E
Public Survey Section
22
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Electricity AvailableElectricity ConnectedPublicSewer AvailableSewer ConnectedWater AvailableWater Connected
Water Source
Public
Zoning
RS-2
Financials
Calculated List Price By Calculated Sq Ft
191.46
Contract Status Change Date
2026-04-22
Current Price
399000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Ownership
Fee Simple
Parcel Number
2243260300004.009B
Public Survey Township
43
Tax Annual Amount
4063
Tax Block
4
Tax Book Number
3-44
Tax Legal Description
IDALIA ANNEX BLK 4 PB 3 PG 44 PT LOT 9 THE S 100.85 FT
Tax Lot
9
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33920 - Alva
Subdivision Name
YERKES GREIG W
Listing provided courtesy of STELLAR via IDX. Updated: Jun 15, 2026, 11:23am.
Troy Funk

Listing Agent

REALTY ONE GROUP MVP

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