CENTURY 21 Edge

N RIVER RD, ALVA, FL, 33920

Active165 days on marketListed Apr 8, 2026MLS #TB8494918

FLORIDA CITRUS CO

About this home

N RIVER RD

PROPERTY OVERVIEW: 111.55 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 AVAILABLE, 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 & watermelon– 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 JANUARY 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

Facts & features

The home at a glance

111.55 ac

Lot size

Inside

Outside & construction

Community & fees

Taxes (2025)$639/yr

Utilities & systems

UtilitiesWater Nearby
WaterCanal/Lake For Irrigation · See Remarks

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$7,900 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$7,187
PMI (est., until 20% equity)$500
Property tax — 2025 actual bill$53
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $133,200Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $133,200
Interest rate6.00%
Loan term

Estimated payment

$7,900/mo

Principal & interest$7,187
PMI (est., until 20% equity)$500
Property taxes (actual bill)$53
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. 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 Alva

Get to know Alva. See the full Alva guide →

ALVA 33920 — neighborhood snapshot

Population

7,689

Median age

50

Median income

$87,601

Median home value

$376,000

Avg household

2.7

Households w/ children

705

For the school run

Lee County School District

ElementaryRiver Hall Elementary School★★★★
HighRiverdale High School★★★★★
HighLehigh Senior High School★★★★
HighEast Lee County High School★★★★
HighGateway High School★★★★★
ElementaryManatee Elementary School★★★★
ElementaryOrange River Elementary School★★★★
ElementaryTice Elementary School★★★★
ElementaryJames Stephens Elementary School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Alva market

Seller’s marketLeans buyer9.0 months of inventoryBuyer’s market

$470K$305K

Alva median sold, yr/yr

96.9%

Sale-to-list ratio (12 mo)

Median sold price, Alva, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 299% above the ALVA 33920 median. See the full Alva market guide →

Paper trail

This home's history

Apr 8, 2026Listed at $1,332,000 · 165 days on market since

Reality check

What actually sold near N RIVER RD

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

23090 RAILROAD AVENUESold · Apr ’26

$42,000

23090 RAILROAD AVENUE

2 bd · 1 ba · 2,499 sqft · $17/sqft · 17 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

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.

Tommy Trainer

Your agent

Tommy Trainer

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about N RIVER RD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for N RIVER RD — before you fall in love.

See it in person

Schedule a tour

Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

N RIVER RD FAQs

What would the monthly payment be for N RIVER RD?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,900/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 N RIVER RD?+

The most recent tax bill on record (2025) was $639. 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 $1,332,000, this home is listed about 180% above the Alva median of $475,423. The market section on this page shows how the area is trending.

Which schools are assigned to N RIVER RD?+

River Hall Elementary School (elementary), Riverdale High School (high), Lehigh Senior High School (high), East Lee County High School (high), Gateway High School (high), Manatee Elementary School (elementary), Orange River Elementary School (elementary), Tice Elementary School (elementary), James Stephens Elementary School (elementary) — Lee County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of DALTON WADE INC · Varisa Chin. MLS #TB8494918.

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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