155 N Datil Street
About This Property
Motivated seller! Build your dream homestead on this beautiful 1.10-acre cleared homesite in the heart of Montura Ranch Estates. Featuring a driveway already in place and mature oak trees, this property offers the perfect blend of open space and natural beauty. Zoned RRF (Rural Residential Farming), it allows you to create the country lifestyle you've been dreaming of.
Bring your horses, chickens, goats, and other farm animals-Montura Ranch Estates is an equestrian-friendly community where rural living is part of everyday life. Whether you're planning a custom home, hobby farm, weekend retreat, or peaceful retirement property, this lot provides the space and flexibility to make it your own. NO HOA!
A 4000 acre private reservoir is available to only Montura Ranches residents to hunt and ride horses. Montura is also a golf cart friendly community.
Ideally located on a quiet street that is on the paving list, the property sits between the community clubhouse and the local gas station. The neighborhood supermarket, cafe, and restaurant are only about a 5-minute drive, while a hospital is approximately 25 minutes away. The local fire department is also located nearby.
Many have chosen Montura Ranch Estates for their second homes, enjoying the peaceful country setting while remaining within reach of the city. Both Florida's Gulf Coast and Atlantic Coast are approximately 90 minutes away, making weekend beach trips easy. Lake Okeechobee, known for its great fresh water fishing is a 25 min drive. Two small airports are also within 25 and 40 min drive in LaBelle and Clewiston. Hendry County is known for its Rodeos and Fairs , working farms and wholesome lifestyle.
An added opportunity: the adjacent 2.5-acre hobby farm is also available for purchase
Not located in a designated wetland area, not located in a Fema flood zone.
Come experience the privacy, open skies, and country lifestyle that continue to make Montura Ranch Estates one of Southwest Florida's growing rural communities. Buyer pays closing costs.
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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.
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