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Hendry 33935
2371 County Rd 78
$560,000
● House - Off Market

2371 County Rd 78

Labelle, FL 33935
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,218 Ft²
$3,525
Est. Monthly
2.97%
Cap Rate

About This Property

"A" RATED ACREAGE! 10.48 ACRES zoned for R-2 (one home per half acre) along with a 3 Bedroom 2 Bath home as a Bonus! Less than 10 minutes from the "City" of LaBelle you will find this gorgeous parcel of land on County Road 78. This oak laden property offers plenty of privacy and has a bright future for further development if desired to do so. With a 2 year old metal roof, newer kitchen appliances and newer LVP flooring this home will grab those with "Country at Heart"! Acreage will be mowed in the coming days and then the real beauty will shine through. If you are looking for acreage, this one is for you to see!
Unit Size
1,218 Ft²
Days on Market
35 days
Land Size
10.48 acres
Price per sqft
$480
Property Type
House
Property Taxes
$652
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago ( #225058063)

Price History

Date / Event Date Event Price
Jul 28, 2025 Sold
Premium
Sold
Jun 28, 2025 In contract -
In contract
Jun 23, 2025 Listed by Southern Heritage Real Estate $585,000
Listed by Southern Heritage Real Estate
Jul 13, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 103
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 456,508
  • Total Building Area: 1,678
  • Gross Building Area: 1,678
  • Building Area: 1,218
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,218
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010480
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: SE 1/4 OF SW 1/4 OF SE 1/4 SE OF RD + SW 1/4 OF SE 1/4 OF SE 1/4 EXC E 60 FT + EXC RWY 10.48 AC

Neighborhood

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

Zoning

  • Zoning: RG2

Geography

  • Account Number: 10103
  • Parcel: 1-28-43-01-A00-0037-0000
  • Block: 37
  • Meridian: SEC 01 TWN 43 RNG 28
  • Municipality: NORTH LABELLE MSBU
  • Latitude: 26.755
  • Longitude: -81.4715

    Address

  • Full Address: 2371 County Rd 78
  • Address - House Number: 2371
  • Address - Street Name: County Rd 78
  • State: FL
  • City Name: Labelle
  • Carrier Code: H002
  • 4-Digit Zip Code: 9616
  • Zip Code: 33935

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $793,592
  • Tax Rate Code Area: 75

    Appraisal Valuation

  • Standard Deviation: 0.2515
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 64
  • Final Value: 589,848
  • High Value: 738,254
  • Low Value: 441,443

    Market Valuation

  • Market Total Value: $449,140
  • Market Land Value: $312,274
  • Market Improvement Value: $136,866

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,140
  • Assessed Land Value: $312,274
  • Assessed Improvements Value: $136,866

    Sales

  • Current Sale Contract Date: Apr 01, 2017
  • Current Sale Recording Date: Apr 01, 2017
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 13, 2005
  • Previous Sale Contract Date: Jul 07, 2005
  • Previous Sale Amount: $379,900
  • Previous Sale Document Type: 71
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:

$305,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

103

Average Home Size

1888 ft²

Average Home Age

13.2 years

Currently For Sale

352 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

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Frequently Asked Questions

When was property at 2371 County Rd 78 built and last sold?
The property at 2371 County Rd 78 was built in 1983 and last sold on Apr 1, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 2371 County Rd 78 is $0.
What are some comparable homes to 2371 County Rd 78?
There are currently no comparable homes to 2371 County Rd 78.
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