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7932 18th TER Labelle, FL 33935
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Key Details
Sold Price $69,000
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Sold
Purchase Type For Sale
Subdivision Wheelers Subd
MLS Listing ID 225000210
Sold Date 02/25/25
Originating Board Florida Gulf Coast
Annual Tax Amount $806
Tax Year 2023
Lot Size 1.250 Acres
Acres 1.25
Property Sub-Type Residential Lot
Property Description
Located in the heart of Wheeler Estates, this 1.25-acre vacant lot offers an exceptional opportunity to build your dream home with a total of 1.25 acres. The lot next to it on the west side is also available which would allow you to have a homestead with a total of 2.5 acres! That lot is on the canal. Each lot is 1.25 acres in the Wheeler Estates, so there will always be plenty of space between you and the next neighbor. Wheeler Estates is just a short drive from the charming towns of Labelle and Alva. Additionally, the nearby Caloosahatchee River provides opportunities for fishing, boating, and water sports. Access to major highways and roadways is convenient, making it effortless to reach nearby cities such as Fort Myers, Naples, and the stunning Gulf Coast beaches. No Wetlands and this lot is NOT in a Flood zone. Zoning is Vacant Residential. Acreage is the new hot Seller in South Florida, as families are wanting more space, privacy, and room to raise kids, pets, animals, a garden, fruit trees, etc. Perfect for you to build your dream home, or a long term investment to hold and sell later. One brilliant concept investors with young children are taking advantage of is to buy acreage, plant young palm trees, and when their kids are ready for college, sell off the trees for a major profit, and then the land itself to fund their college ambitions.
Location
State FL
County Hendry
Area La08 - Southeast Lehigh Acres
Exterior
Community Features Non-Gated
Utilities Available None
Waterfront Description None
View Y/N Yes
View Trees/Woods
Present Use Single Family
Private Pool No
Building
Lot Description Oversize
Sewer None
Water None
Others
HOA Fee Include None
Tax ID 1-28-44-07-A00-0068.0000
Acceptable Financing Cash
Listing Terms Cash
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