17790 Caloosa Rd, Alva, Florida 33920

  • $899,000

Overview

Property ID: HZC7515293
  • Quadruplex, Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 5
  • Bathrooms
  • 1
  • Garage

Description

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. Gross income for 2025 is $80, 500. 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. All measurements and income figures are approximate.

  • Address: 17790 CALOOSA ROAD
  • State/county: FL
  • Zip/Postal Code: 33920
  • Country: US

Details

Updated on February 23, 2026 at 5:12 pm
  • Property ID HZC7515293
  • Price $899,000
  • Land Area 4.27 Acres
  • Bedrooms 8
  • Bathrooms 5
  • Garage 1
  • Year Built 1957
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional, Owner Financing
  • Roof Metal
  • Utilities Electricity Available, Electricity Connected
  • Sewer Septic Tank
  • Cooling Central Air, Wall/Window Unit(s)
  • Heating Central, Ductless
  • Flooring Luxury Vinyl
  • County Lee
  • Property Type Residential Income
  • Waterfront Creek, Pond

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Jamie Stevens

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