1941 BROWN ROAD, ALVA, FL, 33920
Active92 days on marketListed Apr 22, 2026MLS #A4690951
About this home
1941 BROWN ROAD
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.
Facts & features
The home at a glance
8
Bedrooms
2
Bathrooms
2,084
Sqft
0.31 ac
Lot size
1973
Year built
One
Levels
$191
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,024 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,024/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Idalia
Get to know Alva. See the full Alva guide →
Idalia — neighborhood snapshot
Population
282
Median age
41
Median income
$90,625
Median home value
$391,900
Avg household
3
Households w/ children
26%
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Alva market
$525K → $385K
Alva median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
Median sold price, Alva, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 25% above the ALVA 33920 median. See the full Alva market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1941 BROWN ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1941 BROWN ROAD — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
1941 BROWN ROAD FAQs
What would the monthly payment be for 1941 BROWN ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,024/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1941 BROWN ROAD?+
The most recent tax bill on record (2025) was $4,063. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Alva?+
At $399,000, this home is listed about 16% below the Alva median of $472,729. The market section on this page shows how the area is trending.
Which schools are assigned to 1941 BROWN ROAD?+
River Hall Elementary School (elementary), Riverdale High School (high), Manatee Elementary School (elementary), Lehigh Senior High School (high), Orange River Elementary School (elementary), Tice Elementary School (elementary), James Stephens Elementary School (elementary), Gateway High School (high), East Lee County High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$399,000 runs 25% above the ALVA 33920 median.
02Move-in furnished
The furniture conveys — a genuine head start for a second home or rental, and one less five-figure line item after closing.
03Time on market is leverage
92 days on market against a Alva median of 2 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $585,000, now $399,000 — a $186K cut. The full history is in the market section below.
Listing courtesy of REALTY ONE GROUP MVP · Troy Funk. MLS #A4690951.
IDX 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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