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Hendry 33935
1433 Choctaw Avenue
$60,000
● Mobile Manufactured - Off Market

1433 Choctaw Avenue

Labelle, FL 33935
bedrooms
2 Beds
bathrooms
2 Baths
square feet
952 Ft²
$640
Est. Monthly
25.04%
Cap Rate

About This Property

Income producing property with tenants in place! This newer (2020) home on a nice lot is and investment opportunity that will not last. Perfect for an affordable home to live, or continue to rent it out as an investment property.
Unit Size
952 Ft²
Days on Market
28 days
Land Size
0.17 acres
Price per sqft
$83
Property Type
Mobile Manufactured
Property Taxes
$252
HOA Dues
-
Year Built
2002

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Cap Rate Calculator

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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: 2 years ago (SWFLMLS #225034754)

Price History

Date / Event Date Event Price
May 1, 2025 Sold
Premium
Sold
Apr 3, 2025 Listed by Southern Heritage Real Estate $79,000
Listed by Southern Heritage Real Estate
Apr 9, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 33
  • Exterior Walls Type: 10
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 940
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MH: NLB-S OF COWBOY WAY
  • Land Acres: 0000000270
  • Standard Land Use Code: 1006
  • County Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: NORTH LA BELLE HEIGHTS S/D LOT 403 + 404

Neighborhood

  • School District Name: Hendry County School District
  • Census Tract: 000401

Zoning

  • Zoning: RG3M

Geography

  • Account Number: 13466
  • Parcel: 1-29-42-31-010-0000-4030
  • Lot: 403
  • Meridian: SEC 31 TWN 42 RNG 29
  • Municipality: NORTH LABELLE MSBU
  • Latitude: 26.7728
  • Longitude: -81.4584

    Address

  • Full Address: 1433 Choctaw Ave
  • Address - House Number: 1433
  • Address - Street Name: Choctaw
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Labelle
  • Carrier Code: H007
  • 4-Digit Zip Code: 5955
  • Zip Code: 33935

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $129,367
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: 76

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 27,244
  • High Value: 39,144
  • Low Value: 15,343

    Market Valuation

  • Market Total Value: $73,268
  • Market Land Value: $21,432
  • Market Improvement Value: $51,836

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,268
  • Assessed Land Value: $21,432
  • Assessed Improvements Value: $51,836

    Sales

  • Current Sale Contract Date: Apr 05, 2002
  • Current Sale Recording Date: Apr 09, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hendry

Stats & Trends

Median Asking:

$302,500

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

104

Average Home Size

1883 ft²

Average Home Age

13.4 years

Currently For Sale

360 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 335 4th Avenue, LaBelle, FL, 33935

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,710 ft²
335 4th Avenue, LaBelle, FL, 33935 Listing by Angela Gonzalez
Unit for rent at 440 6th Avenue, LaBelle, FL, 33935

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,435 ft²
440 6th Avenue, LaBelle, FL, 33935 Listing by Monica Villa

Rentals Near You

Click here to view more rentals in the neighborhood.
SWFLMLS

Listed by: Greg Bone, Southern Heritage Real Estate
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 225034754
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1433 Choctaw Avenue built and last sold?
The property at 1433 Choctaw Avenue was built in 2002 and last sold on Apr 5, 2002 for $8,000.
How much is this home worth?
The estimated value of the home located at 1433 Choctaw Avenue is $87,003.
What are some comparable homes to 1433 Choctaw Avenue?
There are currently no comparable homes to 1433 Choctaw Avenue.
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