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    21810 Palm Beach Blvd Alva, FL 33920

    Sponsored
    For Sale
    $850,000

    Two lots, 1.9 acres, SR 80 frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional investment opportunity encompasses two commercial parcels totaling 1.9 acres, boasting approximately 334 feet of frontage on State Road 80 in Alva, Florida. Located in Lee County, zip code 33920, the property is situated at 21810 and 21840 Palm Beach Boulevard. The land is zoned for Future Land Use Urban Community/Alva Overlay, designating future commercial development. This zoning allows for a diverse range of commercial uses, including intensive retail, fast-food establishments, and even single and multi-family dwellings, presenting significant flexibility for developers. The area is experiencing robust commercial and residential growth, underscored by the proximity to established residential communities such as Verandah, Greenbriar, Lehigh Lakes, Wellington Ranch, and River Hall. This prime location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The asking price for this exceptional property is $850,000. Don't miss this chance to capitalize on the burgeoning growth in this desirable area of Southwest Florida.

    Property Features for 21810 Palm Beach Blvd

    General Information

    Property type
    Land
    Lot Size
    82,764 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alva
    County
    Lee
    State
    Florida
    Longitude
    -81.6022857
    Latitude
    26.7083911

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    FAQs

    What type of property is this?
    Land - Two lots, 1.9 acres, SR 80 frontage
    Where is this land located?
    The property is located at 21810 Palm Beach Blvd Alva, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    (239) 425-6000
    Request Owner's contact information
    21810 Palm Beach Blvd Alva, FL 33920
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    Alva, FL 33920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21810 Palm Beach Blvd Alva, FL 33920
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