7932 18th Terrace, Labelle, FL 33935

$69,000

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Sold Price
$69,000
List Price
$75,000
Status
CLOSED
Days on Market
36
Closing Date
Feb 25, 2025
MLS#
225000210
Subtype
Land
Acres
1.25
Subdivision
Wheelers Subd
Neighborhood
Wheelers Subd
MLS Area Major
LA08 - Southeast Lehigh Acres

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.

Additional Information

Taxes
$806
View
Trees/Woods

Courtesy of RE/MAX Trend

Selling Office: .

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