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LaBelle 33935
350 5th Avenue
$350,000
● House - Off Market

350 5th Avenue

LABELLE, FL 33935
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,294 Ft²
$2,254
Est. Monthly
6.17%
Cap Rate

About This Property

ALMOST 2300 SQFT HOME ON 0.7 ACRES OF LAND IN THE HEART OF LABELLE! Conveniently located in the Belmont neighborhood of LaBelle this home is set on a sprawling 0.708 acre lot on a quiet dead end street featuring peaceful canal views!  The possibilities are endless as this home is filled with character and features like two under truss screened in lanais one for the owners suite and the rest for guests to share the tranquil water view.  The home does not have any carpet, metal roof, and newer HVAC (2019).  There are NO HOA fees or deed restrictions! Do not miss this opportunity, call and schedule you showing today!
Unit Size
2,294 Ft²
Days on Market
43 days
Land Size
0.71 acres
Price per sqft
$174
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1991

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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: 3 years ago (SWFLMLS #224048430)

Price History

Date / Event Date Event Price
Aug 16, 2024 Sold
Premium
Sold
Jul 15, 2024 In contract -
In contract
Jul 4, 2024 Listed by John R. Wood Properties $400,000
Listed by John R. Wood Properties
Dec 3, 2002 Sold
Premium
Sold
Aug 27, 1998 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 566
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,820
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 3,350
  • Total Building Area: 2,860
  • Gross Building Area: 3,160
  • Building Area: 2,294
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,294
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LABELLE BEG NW COR BLK 13 OF BELMONT
  • Land Acres: 0000000708
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: LABELLE BEG NW COR BLK 13 OF BELMONT S/D-N ALG E R/W BELMONT ST 50 FT TO POB-E ALG N R/W 5TH AVE 335 FT-N 130 FT- W 335 FT-S 130 FT TO POB EXC DITCH (F/K/A BELMONT S/D BLK 14 LOTS 3 TO 8 EXC DITCH)

Neighborhood

  • School District Name: Hendry County School District
  • Census Tract: 000404

Zoning

  • Zoning: LB-R-1A

Geography

  • Account Number: 32630
  • Parcel: 2-29-43-08-A00-0030-0000
  • Block: 13
  • Lot: 3-8
  • Meridian: SEC 08 TWN 43 RNG 29
  • Municipality: LA BELLE
  • Latitude: 26.7573
  • Longitude: -81.4437

    Address

  • Full Address: 350 5th Ave
  • Address - House Number: 350
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Labelle
  • Carrier Code: H005
  • 4-Digit Zip Code: 4507
  • Zip Code: 33935

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $347,447
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.2441
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 466,488
  • High Value: 580,387
  • Low Value: 352,589

    Market Valuation

  • Market Total Value: $453,141
  • Market Land Value: $42,069
  • Market Improvement Value: $411,072

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,589

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 27, 2002
  • Current Sale Recording Date: Dec 03, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 27, 1998
  • Previous Sale Contract Date: Aug 26, 1998
  • Previous Sale Amount: $138,000
  • Previous 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 LaBelle

Stats & Trends

Median Asking:

$279,950

Sale Price/ft²

$180

Below Asking

0.02%

Average Days on Market

84

Average Home Size

1797 ft²

Average Home Age

19.4 years

Currently For Sale

27 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 1191 Caloosa Cove Drive, LaBelle, FL, 33935

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,850 ft²
1191 Caloosa Cove Drive, LaBelle, FL, 33935 Listing by Isabel Aguiar

Rentals Near You

Click here to view more rentals in the neighborhood.
SWFLMLS

Listed by: Yvonne Gallegos, John R. Wood Properties
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224048430
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 350 5th Avenue built and last sold?
The property at 350 5th Avenue was built in 1991 and last sold on Nov 27, 2002 for $163,500.
How much is this home worth?
The estimated value of the home located at 350 5th Avenue is $0.
What are some comparable homes to 350 5th Avenue?
There are currently no comparable homes to 350 5th Avenue.
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