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$15,000
● Land - Off Market

E Benbow Circle

Labelle, FL
bedrooms
Studio
bathrooms
0 Bath
$122
Est. Monthly

About This Property

If you are looking for a homesite in a quiet Port LaBelle neighborhood, this might just be the one for you. Though located in an area of newer homes and close to State Road 80, this well-treed lot has a true country feel. And if you are looking for more than just a quarter acre lot, then check out the adjacent homesite to the north (MLS# 22500529) as it is available as well. The purchase of both would give the owner a half-acre on which to build a home with room for a large pool/patio, oversized garage or outbuilding. This might just be the ideal site for you.
Unit Size
-
Days on Market
87 days
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$35
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: 2 years ago (SWFLMLS #225005217)

Price History

Date / Event Date Event Price
Apr 11, 2025 Sold
Premium
Sold
Mar 1, 2025 Price Decreased $17,500
↓ $8K (30%)
Price Decreased
Mar 1, 2025 In contract -
In contract
Jan 14, 2025 Listed by Belle Realty Co. $25,000
Listed by Belle Realty Co.

Property Highlights

Exterior Details
Waterfront Features: None
Home Type: Land
RectangularLot
Lot Size Dimensions: 80 x 138 x 80 x 138
Lot Size Source: Appraiser
Lot Size Acres: 0.26
Financial Details
Tax Year: 2024
Tax Annual Amount: $422
Utilities Details
Utilities: None, Sewer Not Available, Water Not Available
Location Details
Association Fee Includes: None

Comparables

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

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
SWFLMLS

Listed by: Alex DeStefano, Belle Realty Co.
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 225005217
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.
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