Sale of 561-acre ranch in Alva to mega-developer is off, for now

Some of Alva’s wide-open spaces may stay that way a while longer.

A 561-acre ranchland property that a mega-developer wanted to turn into 737 homes is no longer under contract.

The Armedas, a deeply rooted Southwest Florida family, own the 561 acres on the north side of North River Road, south of Babcock Ranch and about a mile and a half east of State Road 31…

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