Active

$696,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRTB8474345
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
PROPERTY OVERVIEW: Subject to existing lease (expiring Feb 2027) 58 acres for sale Part of a 1,000± ac ag enclave with multiple owners sharing one secure main entrance at 23311 N River Rd. Locked gate after hours. The citrus trees have been cleared and the land leveled. PRIVATE FINANCING (Option): 30% down, 7% interest, 5-year balloon – flexible terms for qualified buyers. WATER: Irrigation via on-site canal (west boundary – highlighted blue in Diagram 1a). Diesel pump required (not included). County ag water tax: ~$50/acre annually. ELECTRICITY: None on-site – Typical for ag-zoned parcels in this rural Lee County area, where FPL infrastructure ends at county roads. Off-grid solar viable (avg 5.5 sun-hours/day) SEWAGE: No sewer – Standard for rural Alva ag land. Septic approval required LAND USE: Active ag (row crops, pasture, nursery) — no municipal utilities CROP HISTORY: Former orange grove (hit by greening; trees removed & leveled). Recent crops: zucchini & bell peppers– clean, disease-free rotation. SOIL: Myakka fine sand – laser-leveled, excellent drainage. Soil report N/A (typical for active ag; buyer may test at own expense). ELEVATION: ~28–32 ft above sea level (NGVD29) – high & dry for Alva; no flood zone (Zone X per FEMA FIRM) 500-year flood plain — no insurance required FENCING: None – Open, cleared field; buyer can install per use. RESIDENTIAL: AG-2 zoning allows 1 mobile home per 5 acres (up to 4 total). Ideal for farmstead, worker housing, or homestead. CURRENTLY LEASED FOR 1 YEAR expiring FEBRUARY 2027. ACCESS: Entrance: 23311 N River Rd, Alva, FL 33920 Property can only be viewed during 8am-4pm EST Mon-Fri. We can possibly accommodate weekend times but that would be by appointment only. Dirt road locked gate on 23311 N River Rd, Alva, FL 33920. Drive from gate to property is around 11 minutes(3.3 miles). Rough GPS Coordinates 26.759949, -81.597193
Financial Considerations
Price:
$696,000
HOA Fee:
N/A
Tax Amount:
$80.04
Price per SqFt:
$0.28
Tax Legal Description:
S 1/4 OF N 1/2 OF W 1/17 OF N 1/2 OF S 1/2 TRACT 51 A, 51 D, 51E, 51F, 51G, 500, 490,480, 47A, 47B, 47C, 460
Exterior Features
Lot Size:
2526480
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    N RIVER RD
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