SoldDec 20, 2018

Listed by Sherri Denning

1050 Shady Oaks Ave, LaBelle, FL, 33935

$500,000

Other

•

30+ days on the market

Sold: Dec 20, 2018

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About this property

OVER 300+ FEET ON THE CALOOSAHATCHEE RIVER/INTRACOASTAL WATERWAY! The perfect place for a community dock and/or clubhouse! Originally planned for a 13 lot riverfront subdivision, the Preliminary Plat was never adopted to allow versatility for the site and future developers. Future Land Use is Outlying Mixed Use which allows up to 16 units per acre or up to 100+ units. A distinctive "quiet yet close to downtown" area for townhomes, condos, or apartments with mixed use allowing for a community coffee shop or cafц╘, etc. Property has many development expenses already accomplished--private center street has been paved, water lines are in place and ready for city hook-up, underground electric and phone lines are installed, and drainage is in place. The 13 original home sites were planned for septic, but city sewer line availability is possible (see Mike Boyle, City of LaBelle Superintendent of Public Works). A community dock or docks can be permitted (previous dock permit application in file). The Caloosahatchee River in LaBelle is fresh water. WATCH THIS PROPERTY DOUBLE IN VALUE!

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