2 Bed SingleFamilyResidence for Sale in Labelle
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For SaleMLS# 2026033648

$175,000

2 Bed SingleFamilyResidence for Sale in Labelle

89 Calhoun Street, Labelle, FL, 33935

2 beds1 baths922 sqft
Gated

About this home

Charming 1920s Home on 1.13± Acres with Future Commercial Land Use! Offered at $175,000, this unique LaBelle property offers plenty of character, a generous homesite, and intriguing long-term potential. Located within the City of LaBelle just two lots off State Road 80, the property consists of approximately 1.13 acres with dimensions of 285' x 172'. The cute pink, two-story wood-frame home was built in 1920 and offers 2 bedrooms, 1 bathroom, approximately 922 sq. ft. of living area, and a wood-burning fireplace. The home is currently habitable but is ready for some TLC, providing an opportunity to restore and enhance its vintage charm. The property is currently zoned for residential multifamily use, while its Future Land Use designation is Commercial, creating interesting possibilities for the future. Buyers interested in redevelopment or commercial use should contact the City of LaBelle to determine applicable requirements, rezoning possibilities, and allowable uses. A future owner may also explore removing the existing home and developing the spacious parcel with a new structure and use, subject to City approval. Location is a major highlight! Situated just off SR 80, the property offers convenient access to downtown LaBelle, shopping, dining, services, and one of the area's primary transportation corridors. Commercial properties and businesses are prevalent along SR 80, while established residential neighborhoods surround the broader area. Whether you're looking for a charming fixer-upper on acreage, an investment property, or a parcel with potential for future redevelopment, this property offers a combination that's hard to find at this price. Bring your ideas and discover the possibilities for only $175,000!

Property details

Type
SingleFamilyResidence
Year built
1920
Interior
922 sqft
Lot size
49,222.8 sqft
Acreage
1.13 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$2,450/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Hendry
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$190/sqft
Comp median
$217/sqft
Difference
-12%

Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2016 Mariner CourtDec 2025$200,0002/2920$217
2013 Clipper TerraceApr 2026$179,9002/2964$187
2008 Clipper CourtOct 2025$210,0002/1804$261
Average3 comps$196,633$222

Market trends, Labelle

Median list
$329,900
Median $/sqft
$213
Median sold (90d)
$299,945
Avg days on market
115
Active listings
255
Median sold price · Labelle
$299,945last 3 months5.3% vs $284,900 prior 3 months
Median closed price by month · Labelle
8.3% MoM6.2% YoY
$265k$308k$350kJul ’25Jul ’26
$299,990Jul ’26 · 19 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Consider
  • Built 1920 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceLow
Hospital
15.7 mi
Lehigh Regional Medical Center
Beach
37.8 mi
Lovers Key State Park
Airport
25.5 mi
RSW Intl (Fort Myers)
Shopping
29.3 mi
Gulf Coast Town Center

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Nearby schools

Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.

Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.