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    Property profile & analytics

    21870 Palm Bch Blvd Alva, FL 33920-4028

    • Turn key restaurants
    • 1,080 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    Aug 12, 2024
    Location Intelligence
    Property ID
    US18-5596422
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cafe' Cubano / Cuban Restaurant
    • Las Delicias Ranch Cafeteria / Restaurant

    Property Details for 21870 Palm Bch Blvd

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.34 lot acres
    Property size
    1,080 SF
    Zone code
    CC
    Property type
    Turn key restaurants
    APN
    27-43-27-00-00026.0010
    APU
    27432700000260010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alva
    County
    Lee
    State
    Florida
    Longitude
    -81.6012
    Latitude
    26.7086
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,005
    $29,016
    $91,162
    $120,178
    -
    $29,016
    $91,162
    $120,178

    Comparable in this City

    • Value Estimation
      $395,000
      1,960 SF

      3350 Riv Hall Pkwy

      RESTAURANT • 1,960 SF
      3350 Riv Hall Pkwy, Alva, FL 33920
      View Details
    • Value Estimation
      $730,000
      1,278 SF

      19581 Palm Bch Blvd

      RESTAURANT • 1,278 SF
      19581 Palm Bch Blvd, Alva, FL 33920-3719
      View Details
    • Value Estimation
      $355,000
      1,908 SF

      21220 Palm Bch Blvd

      RESTAURANT • 1,908 SF
      21220 Palm Bch Blvd, Alva, FL 33920
      View Details
    • Value Estimation by Request
      1,352 SF

      2300 Joel Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,352 SF
      2300 Joel Blvd, Alva, FL 33920-4011
      View Details
    • Value Estimation by Request
      9,147 SF

      21440 Palm Bch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,147 SF
      21440 Palm Bch Blvd, Alva, FL 33920-4064
      View Details
    • Value Estimation
      $255,000
      5,000 SF

      2181 Dixie Ln

      SERVICE STATION (FULL SERVICE) • 5,000 SF
      2181 Dixie Ln, Alva, FL 33920-3610
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      One-acre homesite ideal for building your dream home.
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      Residential Land in Alva, Florida

      Half-acre residential land on a quiet dead-end street.
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      Approximately 0.5-acre lot in a growing area.
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      View Details
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    Alva, FL 33920-4028
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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
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