$130,000
●
Condo -
Off Market
1069 Villa Drive #B203
Labelle, FL 33935
2 Beds
2 Baths
1,020 Ft²
$1,254
Est. Monthly
$388
HOA / Fees
14.62%
Cap Rate
About This Property
Welcome to The Villas at River Run, one of LaBelle's hidden gems.
Conveniently located next to the Port LaBelle Marina. This
second-floor 2-bedroom, 2-bath condominium has been well maintained
and features new appliances, along with a washer and dryer included
for added convenience. The unit also offers additional storage
space, a valuable bonus for condo living. Enjoy maintenance-free
living with exterior and lawn care included, ideal for those
seeking a relaxed Florida lifestyle.
Unit Size
1,020 Ft²
Days on Market
50 days
Land Size
0.01 acres
Price per sqft
$131
Property Type
Condo
Property Taxes
$207
HOA Dues
$388
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 months ago ( #2026003324)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Price Increased |
$134,000
↑ $2K
(1.5%) | |
| Price Increased | |||
| Jan 20, 2026 | Listed by Riverside Real Estate Inc | $132,000 | |
| Listed by Riverside Real Estate Inc | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, OneSpace
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Pantry, High Speed Internet, Bathtub, LivingDiningRoom, SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
Flooring Type: Carpet
Laundry Features: Inside
Exterior Details
Has Property Attached
Square Footage: 1020
Square Footage Source: $0
Property Condition: Resale
Architectural Style: See Remarks, LowRise
Year Built: 1982
Waterfront Features: None
Building Area Total: 1020
Window Features: SingleHung
Construction Materials: Block, Concrete, Stucco
Lot Features: Other
Lot Size Area: 0.01
Lot Size Units: Acres
Lot Size Acres: 0.01
Lot Size Square Feet: 435.6
Lot Size Dimensions: 17 x 25 x 8 x 5
Water Source: Public
Financial Details
Tax Annual Amount: $2,486
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Trash, IrrigationWater, RoadMaintenance, StreetLights
HOA/Condo/Coop Amenities: Management
Condo/Coop Fee: $388
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/20/2026
|
2 Bed
|
2 Bath
|
1020 ft²
|
$132,000
2 Bed
2 Bath
1020 ft²
|
$130,000
-1.52%
03/13/2026
|
Angela Gonzalez
Riverside Real Estate Inc
| |
|
07/07/2025
|
2 Bed
|
2 Bath
|
1070 ft²
|
$139,900
2 Bed
2 Bath
1070 ft²
|
$92,000
-34.24%
12/18/2025
|
Jack Mancini
Gulfcoast Premier Realty, Inc
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017