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$899,000
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Property 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. (Sellers are licensed real estate brokers in Florida. All measurements and income figures are approximate.)
Full Property Details
Full Property Details for 17790 Caloosa Rd
General
- Price: $899,000
- Taxes: $6,400 (2025)
- Status: Active
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: C7515293
- Updated: 1/9/2026
- Added to Site: 110 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Interior Features: Primary Bedroom Main Floor, Vaulted Ceiling(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Electric
- Appliances: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Whole House R.O. System
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: French Doors, Outdoor Grill, Storage
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- Area: 33920 - Alva
- County: Lee
- Development Name: 33920 - Alva
- Subdivision: ALVA
- Driving Directions: North River Rd. South on Caloosa Rd. Property on the left side. Use the first driveway
Community
- Community Name: 33920 - Alva
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central, Wall Units / Window Unit
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Available, Electricity Connected
Structural Information
- # Buildings: 4
- Exterior Const.: Vinyl Siding, Wood Frame
- Roof: Metal
- Square Feet: 3,300
- Sq. Ft. Source: Owner
- Year Built: 1957
Additional Structures
- Other Structures: Other, Outbuilding, Shed(s)
Lot Features
- Property View: Trees/Woods, Water
- Lot Size (Acres): 4.27
- Lot Size (Sq. Ft.): 185,783
- Lot Size: 4.265
- Street/Road Desc.: Gravel
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Creek, Pond
Financial Considerations
- Assoc Fee Desc.: None
- Tax Amount: $6,400
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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
- Flood Zone Info: AE
- APN: 2043270000004
- Property ID: 2043270000004
- Block/Lot/Section: 4
Listed by Maxim Llc
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Schools
Schools serving 17790 Caloosa Rd
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Alva School 17500 Church Avenue, Alva, FL 33920 | 6-8 | 1.9 mi |
River Hall Elementary School 2800 River Hall Parkway, Alva, FL 33920 | K-5 | 4.3 mi |
Harns Marsh Elementary School 1800 Unice Avenue North, Lehigh Acres, FL 33971 | K-5 | 6.9 mi |
Harns Marsh Middle School 1820 Unice Ave N, Lehigh Acres, FL 33971 | 6-8 | 6.6 mi |
Lehigh Acres Middle School 104 Arthur Avenue, Lehigh Acres, FL 33936 | 6-8 | 8.6 mi |
Varsity Lakes Middle School 801 Gunnery Road North, Lehigh Acres, FL 33971 | 6-8 | 8.8 mi |
Riverdale High School 2600 Buckingham Road, Fort Myers, FL 33905 | 9-12 | 5.5 mi |
Lehigh Senior High School 901 Gunnery Road North, Lehigh Acres, FL 33971 | 9-12 | 8.6 mi |
East Lee County High School 715 Thomas Sherwin Avenue South, Lehigh Acres, FL 33974 | 9-12 | 11.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 17790 Caloosa Rd
Date
Details
Price
Change
Source
9/30/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 17790 Caloosa Rd
17790 Caloosa Road, Alva, FL 33920 (MLS# C7515293) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 17790 Caloosa Road is currently listed for $899,000 and was received on September 30, 2025. Want to learn more about 17790 Caloosa Road? Do you have questions about finding other Multi-Family real estate for sale in Alva? You can browse all Alva real estate or contact a Coldwell Banker agent to request more information.

