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PROPERTY OVERVIEW: 9. 26 acres for sale
Part of a 1, 000± ac ag enclave with multiple owners sharing one secure main entrance at 23311 N River Rd. Locked gate after hours.
The citrus trees have been cleared and the land leveled.
OWNER FINANCING (Option): 35% down, 7% interest, 5-year balloon – flexible terms for qualified buyers.
WATER: Irrigation via on-site canal (west boundary – highlighted blue in Diagram 1a). Diesel pump required (not included). County ag water tax: ~$50/acre annually.
ELECTRICITY: None on-site – Typical for ag-zoned parcels in this rural Lee County area, where FPL infrastructure ends at county roads. Off-grid solar viable (avg 5. 5 sun-hours/day)
SEWAGE: No sewer – Standard for rural Alva ag land. Septic approval required
LAND USE: Active ag (row crops, pasture, nursery) — no municipal utilities
CROP HISTORY: Former orange grove (hit by greening; trees removed & leveled). Recent crops: zucchini & bell peppers– clean, disease-free rotation.
SOIL: Myakka fine sand – laser-leveled, excellent drainage. Soil report N/A (typical for active ag; buyer may test at own expense).
ELEVATION: ~28–32 ft above sea level (NGVD29) – high & dry for Alva; no flood zone (Zone X per FEMA FIRM) 500-year flood plain — no insurance required
FENCING: None – Open, cleared field; buyer can install per use.
RESIDENTIAL: AG-2 zoning allows 1 mobile home per 5 acres (up to 4 total). Ideal for farmstead, worker housing, or homestead.
ACCESS: Entrance: 23311 N River Rd, Alva, FL 33920 Property can only be viewed during 8am-4pm EST Mon-Fri. We can possibly accommodate weekend times but that would be by appointment only. Dirt road locked gate on 23311 N River Rd, Alva, FL 33920. Drive from gate to property is around 11 minutes(3. 3 miles).
GPS Coordinates 26. 759949, -81. 597193
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NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $96,304 | $96,304 | $96,304 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $532 | $570 | $768 |
| Total Monthly Payment | $607 | $645 | $843 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.