Discover a one-of-a-kind property in Alva, Florida, perfect for a family compound or investment opportunity. This stunning 4. 26-acre estate offers endless possibilities with three houses, a 1, 250 sq ft greenhouse, a cozy casita, a detached garage, and two 30 amp RV hookups. The homes are approximately sized as follows: a 4-bedroom, 2-bathroom home at 1, 700 sq ft, a 2-bedroom, 1-bathroom w/ den home at 900 sq ft, and another 2-bedroom, 1-bathroom home at 800 sq ft. Zoned AG2, this property allows for a wide range of uses, including short-term rentals with no minimum stay requirements, a bed and breakfast, agritourism activities, agricultural operations, administrative offices, caretaker’s residence, place of worship and more. Previous owner was a botanist and planted a lot of trees and vegetation from star fruit, ginger, crotons, royal palms as well as natural vegetation of mature oaks and the list goes on. DO NOT ENTER PROPERTY WITHOUT AN APPOINTMENT. Nature enthusiasts will love the serene creek that connects to the Caloosahatchee River, where you can spot wildlife such as owls, turtles, fish, and even the occasional gator. The property is adorned with mature fruit and herb plants, as well as majestic oak trees that provide shade and enhance the acreage’s charm. Currently, some of the homes are active in short-term rental programs, offering immediate income potential. All measurements are approximates. Whether you’re envisioning a peaceful retreat, a family compound, an agritourism business, or a steady stream of rental income, this property delivers unmatched potential. Entire property is sold turnkey, including a side-by-side Toro. The owners, who are licensed real estate brokers in Florida, ensure a seamless transaction process. Don’t miss this unique opportunity—schedule a showing today!
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$1,499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,199,200 | $1,199,200 | $1,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $300 | $300 | $300 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,679 | $7,481 | $10,364 |
Total Monthly Payment | $8,104 | $7,906 | $10,789 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.