1071 Schooner Lane
About This Property
Tucked away in the distinctive boating community of Turkey Creek, an Ortona subdivision adjacent to the historic Ortona Locks, this waterfront home at 1071 Schooner Lane offers an authentic Old Florida lifestyle with exceptional boating access in rural Glades County.
Set on a 65' x 100' deep-water canal lot, the property features a sturdy dock equipped with water and electric, providing effortless access to the Caloosahatchee River, part of the Intracoastal Waterway. From here, boaters can cruise west to the Gulf of Mexico or east to the Atlantic Ocean via Lake Okeechobee-making this a rare hub for vessels of all types, from sailboats and trawlers to cruising yachts.
The wood-frame home is elevated on a solid concrete block foundation with concrete pilings and topped with a durable metal galvalume roof. Central air and heat, along with well and septic, support comfortable and efficient living. The upper level offers approximately 1,300+/- square feet, featuring two bedrooms, one bath, a galley kitchen, and a spacious great room for living and dining.
The heart of the home is the dramatic living area, highlighted by a rustic tongue-and-groove vaulted wood ceiling, a cozy Franklin stove, and expansive sliding glass doors that open to a second-living-room-sized screened porch-perfect for relaxing while taking in tranquil canal and waterfront views.
The lower level includes a garage, a workshop with built-in workbench and generous storage for projects, a laundry area, and a second full bath-ideal for boating days and hands-on hobbies.
Ortona is known for its peaceful, nature-rich surroundings, with nearby U.S. Army Corps of Engineers campground and free boat dock, the local Ortona Tavern, and endless opportunities for walking, biking, and birdwatching. Conveniently located just 15 minutes from downtown LaBelle and 20 minutes from downtown Moore Haven, this unique waterfront retreat truly delivers on the promise to slow down, simplify, and savor life on the water.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Relisted | $325,000 | |
| Relisted | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Listed by Southern Heritage Real Estate | $325,000 | |
| Listed by Southern Heritage Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017