Property Description

PROPERTY OVERVIEW: Subject to existing lease (expiring Feb 2027) 58 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. PRIVATE FINANCING (Option): 30% 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. CURRENTLY LEASED FOR 1 YEAR expiring FEBRUARY 2027. 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). Rough GPS Coordinates 26.759949, -81.597193