$4,275

closing credit¹

1941 Brown Rd Alva, FL 33920

$359,996
4 beds
2 full
2,084 sqft
0.3 acres
$173 / sqft
House

Property details

About 1941 Brown Rd

Investor Dream: Fixer-Upper with Airbnb Potential in Alva, FL Property Address: 1941 Brown Rd, Alva, FL 33920 This property is the ultimate canvas for real estate investors, cash buyers, and savvy entrepreneurs. Nestled on a spacious lot, it offers prime potential for upgrades, adding value, and even creating a separate Accessory Dwelling Unit (ADU). Whether you're planning a quick flip, buy-and-hold strategy, or a cash-generating short-term rental like an Airbnb, the possibilities are endless. Why This Property is a Must-See: * ARV & Returns: With an estimated ARV of $459,000 and the option to boost rental income by adding an ADU, this property is a golden ticket. * Generous Lot: Room to expand or reimagine the outdoor space into a vacation-worthy haven, adding immense rental appeal. * Prime Location: Situated in Alva, a peaceful community offering easy access to parks, schools, and roadways—perfect for long-term tenants or short-term vacationers. * Solid Bones: Ready for an inspired investor to unlock its true value. Key Investment Numbers You’ll Love: * ARV: $459,000+ (even more with strategic upgrades or an ADU!) * Estimated Repairs: $40K–$70K (Based on sqftage, do your own due diligence) * Potential Rental Income: Excellent for long-term leases or high-yield Airbnb stays. What Makes this an Airbnb and Short-Term Rental (STR) Star? This property’s location and lot size make it ideal for hosting vacationers seeking a tranquil yet accessible getaway. With a little imagination, this could be the next hot destination on Airbnb, attracting families, couples, and solo travelers craving an escape from the city bustle. Unique Selling Points: 1. Immediate Equity Opportunity: Priced to sell quickly for cash buyers only—don't miss this foreclosure gem. 2. Proven Income Strategy: Transform this fixer-upper into a high-demand rental property with tailored upgrades. 3. Fast Closing Available: Need funding for repairs? We can assist with tailored options to help you get this property market-ready and maximize profits. Close to Everything Tenants & Guests Want: * Access to parks, top-rated schools, and major roadways. * Nearby attractions for vacationers, ensuring a steady flow of short-term rental guests. Your Next Investment Opportunity is Here—Don’t Wait!?This property is in foreclosure and priced for a quick sale, so cash buyers capable of moving fast will be prioritized. ?? Contact Us Today?Call us now to schedule a walkthrough or submit your offer. Opportunities like this don't wait—why should you? NOTE: Property is sold as is, no repairs will be made. All offers will be considered.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size2,084 sqft
Lot size0.31 Acres
Year built1973
MLS #TB8339474

Virtual tour

Summary

  • MLS Number: TB8339474
  • MLS Name: MFRMLS
  • Office Name: EXP REALTY LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Hawk Mikado

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 2/6/2025, 9:19:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style home featuring a lawn

$359,996

1941 Brown Rd

$4,275

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$233,423$3,059
2022$204,287$2,741
2021$150,158$2,741
2020$63,514$2,339
2019$62,086$733
2018$60,928$733
2017$59,675$723

History based on county public records data.

Nearby schools

3

River Hall Elementary School

Public District KG-5

0.8 mi

2800 River Hall Pkwy

4

Harns Marsh Elementary School

Public District KG-5

5.5 mi

1800 Unice Ave N

4

Tortuga Preserve Elementary School

Public District KG-5

6.1 mi

1711 Gunnery Rd N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $141,667. Residents of Alva, FL typically earn $200k+ each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

11%
<35k
25%
35k-100k
24%
100k-200k
40%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
9%
Single, with Kids
41%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
9%
12-17 yrs old
12%
18-34 yrs old
45%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • ArbysArbys

What do the neighbors drive?

  • ChevroletChevrolet
  • LincolnLincoln
  • BuickBuick

What do the neighbors listen to?

  • CountryCountry
  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1941 Brown Rd

This home is located at 1941 Brown Rd in Alva, FL and zip code 33920. This 2,084 square foot home, which was built in 1973, sits on a 0.31 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $359,996.

In January 2025 more than 0 listings in Alva, FL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 12 were sold below. Between December and January 2025, Alva, FL real estate market has seen increase in the number of listings by 18.7%. In January 2025, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $446,500.

From Rocket Homes Real Estate and based on county public records data.

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