17790 Caloosa Road, Alva, FL 33920
Local realty services provided by:ERA Grizzard Real Estate
17790 Caloosa Road,Alva, FL 33920
$885,000
- 8 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: steve daria
Office: maxim llc.
MLS#:C7515293
Source:MFRMLS
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Price summary
- Price:$885,000
About this home
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.
Contact an agent
Home facts
- Year built:1957
- Listing ID #:C7515293
- Added:147 day(s) ago
- Updated:February 25, 2026 at 07:39 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central, Ductless
Structure and exterior
- Roof:Metal
- Year built:1957
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$885,000
- Tax amount:$6,400 (2025)
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