0 Goldenrod LnAlva, FL 33920

Property Details for 0 Goldenrod Ln

Lot size

3.90 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 3.9-acre site, located in the rapidly growing community of Alva, Florida (zip code 33920), presents a unique opportunity for immediate multifamily development. The property, identified by APN 35-43-26-04-0000A.0000, is fully developed and approved for the construction of 42 multi-family units, arranged across seven buildings, each containing six condos. All necessary infrastructure is in place, including water, sewer, and electric, stubbed to each individual site. This significantly reduces development time and costs. Situated within the highly desirable River Hall master-planned community in Lee County, this location boasts an extensive array of amenities, including a clubhouse, fitness center, 18-hole golf course, swimming pool, bocce ball courts, pickleball courts, and tennis courts. The property is zoned RPD and benefits from an established Condo Association and CDD, ensuring a low-maintenance environment for future residents. This turnkey solution offers a rare opportunity to capitalize on the high demand for housing in Southwest Florida, where finished lot inventory is extremely limited. The asking price for this exceptional property is $2,100,000. This represents a compelling investment in a thriving market with significant potential for rapid return.

Location Insight

City

Alva

County

Lee

State

Florida

Latitude

26.6948

Longitude

-81.6909

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