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Alva Multifamily Investment Opportunity
For Sale
$125,000

15 Ilex St, Alva, FL 33920

Multifamily property for sale in Alva, Florida.

Property Size1,057 SF
Lot Size0.11 Acres
Days on Market268

Property Features for 15 Ilex St

General Information

Standard status Active
Size 1,057 SF
Lot size 0.11 Acres
Property subtype Residential

Taxes and HOA fees

Annual Taxes $862

Building Details

Building Size 1,057 SF
Year Built 1983
Stories 1
Units 1
Listing Agency: John R Wood Properties - University Dr
Listed By: Yvonne Gallegos · License #258028293
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 13 Last Checked: Aug 22 at 9:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John R Wood Properties - University Dr

Investment Insights

Based on property information with market context.

This multifamily property, located in Alva, Florida, is offered for sale at a price of $152,000. The property is suitable for residential income and includes apartment buildings.

Key Highlights

  • Year Built: 1983

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Garden Center HVAC Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 33920, FL

6,797
Population
3,193
Households
2.1
Avg Household Size
50
Median Age
34%
College-Educated
95%
High-School Grad
62.1 sq mi
ZIP Area
109
Density / Sq Mi
$87,601
Median Household Income
$49,688
Median Earnings
$1,119
Median Rent
$376,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property for sale in Alva, Florida.
Where is this apartment building located?
The property is located at 15 Ilex St Alva, FL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Year Built: 1983
More about this property
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