17790 CALOOSA ROAD Alva, FL $ 899,000
17790 CALOOSA ROAD
$ 899,000
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17790 CALOOSA ROAD

Alva, FL, 33920
$ 899,000
Bedrooms8 Baths5.0 Sq 3,300

Monthly Estimate*

$ 5,609

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View a Virtual Tour

Multi-Family Home for sale in Alva, FL

for $899,000 with 8 bedrooms and 5 full baths. This 3,300 square foot home was built in 1957 on a lot size of 4.27.

Seller Financing Available with $285k down. 5 year balloon. Inquire for rate / terms. Huge Opportunity!! 3 Houses on 4.26 Acres! Welcome to Alva Oaks — a fully fenced, turnkey acreage estate offering three beautifully updated residences surrounded by nature, tranquility, and opportunity. Whether you’re seeking a family compound, income-producing investment, or agritourism retreat, this remarkable property delivers it all. Each home offers its own unique character and at least one — and in most cases two — large screened lanais, perfect for enjoying Florida’s outdoor lifestyle year-round. The main home features 3 bedrooms + den, 2 bathrooms, and approximately 1,700 sq ft of living space. The second home offers 2 bedrooms + den and 1 bath (~900 sq ft), and the third is a charming 2-bedroom, 1-bath cottage (~800 sq ft). All three residences are furnished and move-in ready, with private lanais and peaceful views of the lush grounds. Additional structures include a 1,250 sq ft greenhouse, detached garage, cozy casita, and two 30-amp RV hookups — ideal for guests or expanding income potential. A communal firepit sits at the heart of the property, perfect for relaxing evenings under the oaks. There’s also ample space to add a pool, pole barn, or additional buildings, allowing new owners to grow and customize this already impressive estate. Zoned AG-2, the property supports a wide range of permitted uses, including short-term rentals (no minimum stay), bed & breakfast, agricultural operations, caretaker’s residence, administrative office, and more. A meandering creek connects to the Caloosahatchee River, attracting wildlife such as owls, turtles, fish, and the occasional gator. The former owner, a botanist, curated the land with an extraordinary mix of tropical and native plantings — including starfruit, a large ginger operation, crotons, royal palms, and mature oaks that create a serene, park-like setting. The greenhouse is currently used to grow Clusia plants, which are a great hedge and a great money-generating plant. Currently, all three homes are active in short-term rental programs, providing immediate income and turnkey operation. The property is sold fully furnished, including a side-by-side Toro utility vehicle, Starlink internet system, private well, and a 1,000-gallon reverse-osmosis water system servicing the entire estate. There is also tremendous opportunity to further increase revenue through enhanced rental management, event hosting, or additional on-site amenities — the possibilities are endless. Located in beautiful Alva, Florida, this property combines rural charm with convenient access to nearby shopping, dining, and Southwest Florida’s world-class beaches. Truly a must-see to appreciate its rare beauty, versatility, and income potential. Do not enter property without an appointment. (Sellers are licensed real estate brokers in Florida. All measurements and income figures are approximate.)

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Multi-Family Active

Price

$ 899,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 6,400

Style

Quadruplex

Lot Size

4.27

Year Built

1957

Town/City

Alva

County/Region

Lee

MLS | Web ID

C7515293

Features
Interior
Interior Amenities primary bedroom main floor vaulted ceiling(s) window treatments
Flooring luxury vinyl
Fireplace Features electric
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N yes
Laundry Features inside
Total Bedrooms 8
Total Baths 5
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General
Sewer septic tank
Heating central wall units / window unit
Cooling central air wall/window unit(s)
Utilities electricity available electricity connected
Roof metal
Appliances bar fridge convection oven cooktop dishwasher disposal dryer electric water heater kitchen reverse osmosis system microwave range whole house r.o. system
Zoning ag-2
Garage Spaces 1
Security Features smoke detector(s)
Construction Materials vinyl siding wood frame
Year Built 1957
View trees/woods water
Property Subtype quadruplex
Tax Year 2025
Ownership fee simple
Gross Income 119000
Waterfront Features creek pond
County lee
New Construction no
Property Type residential income
HOA N
Attached Garage no
Subdivision Name alva
Garage Y/N yes
Other Structures other outbuilding shed(s)
Status active
Directions north river rd. south on caloosa rd. property on the left side. use the first driveway
City alva
Senior Community Y/N no
Number Of Units Total 4
MLS Area 33920 - alva
Lot Size Units acres
Lot Size Square Feet 185783
Carport Y/N no
Listing Terms cash conventional owner may carry
Land Lease Y/N no
Tax Annual Amount 6400
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://youtu.be/8zl3oyc-a1w?si=ztbdtej2s6zf-dyy
Building Area Units square feet
Living Area Units square feet
Standard Status active
Tax Lot 11
Legal Description parl in n w 1/4 of n e 1/4 sec 20 twp 43 r 27 desc in or 1104 pg 197
Water View creek pond
Minimum Lease 1-7 days
Water Access Y/N no
Additional Rooms attic bonus room
Water View Y/N yes
Flood Zone Code ae
DockY/N no
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Exterior
Exterior Amenities french doors outdoor grill storage
Lot Features oversized lot
Water Source well
Lot Size Area 4.265
Foundation Details crawlspace
Number of Buildings 4
Spa no
Lot Size Acres 4.27
Road Surface Type gravel
Private Pool no
Waterfront Y/N yes
Covered Spaces 1
Number of Separate Electric Meters 4
Number of Lots 1
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Internal Only
Street Number 1 17790
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* Excluded Features
List By
Maxim Llc

Broker

dariasteve@gmail.com

Email

Affordability Calculator

$6,142
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,609
Monthly Property Taxes
$533
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2025$899,000 Listed Price

Map


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17790 CALOOSA ROAD, Alva, FL, 33920 is a Multi-Family Home for sale at $899,000 with 3,300 sqft and a lot size of 4.27. 17790 CALOOSA ROAD has 8 bedrooms, 5.0 baths, and was built in 1957. The property's zip code is 33920 which is in Alva, FL