A Unique Gem: Florida Investment Property
The right Labelle, Florida property for sale can provide amazing opportunities for investors and developers alike, depending on the location, property size, zoning, future land use, and of course, price. The unique development property we are spotlighting today happens to have every box checked on our wish list, including over 20 acres of Florida land for sale!
Address and List Price
List Price: $8,999,999.00
Location, Location, Location! Florida Property for Sale
This hidden gem, located in Labelle, Florida, offers over 29 acres of fenced land that gracefully runs along a breathtaking stretch of the Caloosahatchee River within the Western Oxbow Mixed Use District. Whether you’re an investor seeking new opportunities or a developer in search of a blank canvas, this property has everything you need to bring your vision to life. Get ready to explore the captivating details and unlimited potential of this remarkable investment opportunity.
Western Oxbow Mixed Use District Land Use Specifics:
The Western Oxbow Mixed Use District, spans approximately 146 acres, and is literally a treasure trove of possibilities.
This prime piece of development property holds a unique position within the district, benefiting from its location along a breathtaking stretch of the Caloosahatchee River, easy access to SR 80, and adjacency to the City of LaBelle.
Because the vision for this property is to create a harmonious mix of residential and non-residential development, this opens up a world of opportunities for investors and developers, allowing for the creation of diverse residential communities or a blend of residential and commercial spaces.
The objective of the District is to create a mixed-use form of development that allows residential uses and non-residential uses in appropriate locations.
Land Use (the short version):
- Residential Development: Potential for both single-family and multi-family residential development, providing a variety of housing options.
- Residential Densities: Base density – Six units per gross acre; and one additional unit per gross acre if a Greenway/Bluebelt is provided along the Caloosahatchee River on any property owned by any of the Western Oxbow property owners.
- Non Residential Development: Retail, service commercial, governmental and support services, hotels/motels, office facilities, medical facilities, public or private marinas, and similar recreational and commercial uses. Docking facilities, covered docks and boathouses are also permitted land uses.
Below is a deeper dive into the land use specifics (or you can just click the link at the end of the section and read the actual Hendry County Comprehensive Plan).
