$3,000,000

Located in Labelle, Labelle, 1984 E State Rd 80 (MLS®# 224052755) is a gorgeous Land. It features 31.47 acres of lot.

It is currently listed for $3,000,000, and its price was recently reduced from $3,700,000 to $3,000,000.

A DEVELOPER/INVESTOR'S DREAM PROPERTY boasting 1100+/- FT on State Road 80 just east of the City of LaBelle, FL and 900+/- FT on the intracoastal waterway, the Caloosahatchee River segment. This 31.47 acres is currently zoned agricultural with the benefit of an agricultural exemption for low taxes while holding for development. State Road 80 runs from the east coast to the west coast with I-75 only 30+/- miles west, just outside of downtown Fort Myers, FL. Municipal water and sewer line availability must be checked with Port LaBelle Utilities, owned by Hendry County. The Future Land Use of the subject property is Western Oxbow Mixed Use which allows commercial, not only on SR 80, but would be encouraged on the river in the form of marinas, dining, accommodations, and recreational uses. Residential uses are allowed for 186 units with more a possibility. The Caloosahatchee River is situated between two locks for safety and is considered to be a "Safe Haven" for boaters during hurricanes. LaBelle is a great central yet rural location for retirees and families. THIS IS THE PATH OF PROGRESS!

Listing Map