Lee County Real Estate - Alva

Alva is in South West Florida. It's population as recorded in the 2010 Census was 2,596. Alva is approximately 23 miles from Cape Coral (population 154,305) and around 6 miles from Lehigh Acres (population 86,784).

The median age for residents of Alva is 49.8. Around 26.2% of Alva households include school aged children and 42.7% of households include individuals aged 65 years or over. Census records indicate 97.4% of the Alva population are White, .3% are Black or African American, .3% American Indian, .5% Asian and .5% are Two or more Races.

There are 1,257 housing units in Alva. 213 (16.9%) of these were reported as vacant in the 2010 Census. Alva is a tourist destination, 37% (79) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 128 residential rental units in Alva. 118 of them were occupied in 2010 providing a residential rental vacancy rate of 7.8%.

Alva links:

Lee County

Lee County is located in the southwest Florida region, along with Collier and Charlotte counties. The communities in Lee County include Bonita Springs, Cape Coral, Fort Myers, Fort Myers Beach, Lehigh Acres, North Fort Myers, San Carlos Park, Sanibel/Captiva, and South Fort Myers. Incorporated communities are Cape Coral, Fort Myers, Fort Myers Beach, Bonita Springs, and Sanibel. The population of Lee County is in excess of 600,000.

Top industries currently providing employment are trade, transportation, and utilities; leisure and hospitality; education and health services; and professional and business services. Major private sector employers in Lee County are Publix Supermarkets, Wal-Mart, Chico's FAS Inc., Bonita Bay Group, and WCI Group. Top public sector employers are Lee County School District, Lee County Administration, Lee County Sheriff's Office, and the City of Cape Coral.

Historically, Lee County was best known for its agricultural industry and still heavily produces crops such as sweet corn, cucumbers, peppers and potatoes. Seafood is also produced in large quantities in Lee County. Annually, over five million pounds of fish and two million pounds of shellfish are harvested in Lee County. Today, however, the most dominant industries are tourism, construction, and other service related industries.

The most populous city in southwest Florida is Cape Coral, home to over 150,000. The U.S. Census Bureau estimated that the city grew by 10% from 2010-2013. The city lies on a peninsula surrounded by Charlotte Harbor, with the Caloosahatchee River on the city?s southern border. There are over 400 miles of inland navigable waterways within city limits, the most of any city in the world.

Located across the Caloosahatchee, the county seat of Fort Myers has a population over 60,000 people. The economic heart of Lee County, the city?s strength is in the services, including the healthcare and tourism industries. Just south of the city is Florida Gulf Coast University, Florida's newest public university. Additionally, Florida SouthWestern State College, formerly Edison State College, is located within city limits.

Neighboring Properties

AddressTypeSq FtClass 
1857 Norma Ct Vacant Residential 0 L
1853 Norma Ct Vacant Residential 0 L
656 Topeka Ct Vacant Residential 0 L
1859 Norma Ct Vacant Residential 0 L
1856 Norma Ct Vacant Residential 0 L
1854 Norma Ct Vacant Residential 0 L
658 Topeka Ct Vacant Residential 0 L
1858 Norma Ct Vacant Residential 0 L
1861 Norma Ct Single Family 2,350 B
1862 Vanola Cir Vacant Residential 0 L
1860 Norma Ct Vacant Residential 0 L
653 Topeka Ct Vacant Residential 0 L
655 Topeka Ct Vacant Residential 0 L
660 Topeka Ct Vacant Residential 0 L
1851 Merchant Cir Vacant Residential 0 L
1850 Norma Ct Vacant Residential 0 L
1849 Merchant Cir Vacant Residential 0 L
657 Topeka Ct Vacant Residential 0 L
1853 Merchant Cir Vacant Residential 0 L
1862 Norma Ct Vacant Residential 0 L
1863 Norma Ct Vacant Residential 0 L
1863 Vanola Cir Vacant Residential 0 L
659 Topeka Ct Vacant Residential 0 L
1855 Merchant Cir Vacant Residential 0 L
666 Topeka Ct Vacant Residential 0 L
1864 Vanola Cir Vacant Residential 0 L
1848 Norma Ct Vacant Residential 0 L
1845 Merchant Cir Vacant Residential 0 L
1845 Norma Ct Vacant Residential 0 L
1864 Norma Ct Vacant Residential 0 L
1865 Norma Ct Vacant Residential 0 L
661 Topeka Ct Vacant Residential 0 L
668 Topeka Ct Vacant Residential 0 L
1857 Merchant Cir Vacant Residential 0 L
1841 Norma Ct Vacant Residential 0 L
1843 Merchant Cir Vacant Residential 0 L
1846 Norma Ct Vacant Residential 0 L
1850 Merchant Cir Vacant Residential 0 L

Local Household Income

The median household income in this part of Florida is $54,810. The bottom 10% of the population earn less than $20,561 per year. The top 10% earn more than $132,210 per year. The top 1% earn more than $423,775 per year. Most renters earn between $31,140 (20th percentile) and $50,004 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,620 and $137,025.

The tax assessed value of this property places it in percentile 59 of all properties in this area. This suggests it would appeal to someone earning around $65,334 per year who should qualify for a mortgage between $130,668 and $163,335.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $980. Most renters earn between $2,595 and $4,167 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $727 (20th percentile) to $1,230 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 59 of all properties in this area. This corresponds to a rent of $1,036 per month and a monthly household income of $3,584 ($43,008 per year)

Nearby Companies

Artic Blue Cooling "LLC"
1861 Norma Ct
Disclaimers and Disclosures

Public Records Data

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