$60,000
●
Land -
Off Market
7608 9th Place
Labelle, FL 33936
Studio
0 Bath
$363
Est. Monthly
About This Property
Build your dream home on this beautiful, high and dry 1.25 acre lot
in desirable Wheeler community which is unincorporated Lehigh. No
HOA fees. Bring your RV, boat and toys! Electricity is nearby,
making it easy to access power. Enjoy country living but easy
commute to Fort Myers, and Naples area and just minutes from
shopping, doctors' offices, and restaurants. This property won't
last long! Call today to make it yours. The neighboring lot at 7644
9th PL is also for sale, potentially offering 2.50 acres. Buying
Land in Florida is a solid investment for your future, build your
dream home, vacation home, rental investment or let the land build
value as a great long-term investment to resell for a future
profit.
Unit Size
-
Days on Market
37 days
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$68
HOA Dues
-
Year Built
-
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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: 7 months ago (Beaches MLS #R11059469)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Listed by AMERICAN REALTY OF PSL LLC | $60,000 | |
| Listed by AMERICAN REALTY OF PSL LLC | |||
| | |||
|
Build your dream home on this beautiful, high and dry 1.25 acre lot in desirable Wheeler community which is unincorporated Lehigh. No HOA fees. Bring your RV, boat and toys! Electricity is nearby, making it easy to access power. Enjoy country living but easy commute to Fort Myers, and Naples area and just minutes from shopping, doctors' offices, and restaurants. This property won't last long! Call today to make it yours. The neighboring lot at 7644 9th PL is also for sale, potentially offering 2.50 acres. Buying Land in Florida is a solid investment for your future, build your dream home, vacation home, rental investment or let the land build value as a great long-term investment to resell for a future profit.
| |||
| Jul 21, 2004 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hendry
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Listed by: Daniel Castaneda
American Realty of PSL LLC
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R11059469
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
American Realty of PSL LLC
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R11059469
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