3 Bed SingleFamilyResidence for Sale in Wheelers Subd
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SoldMLS# 2026010147

$399,900

3 Bed SingleFamilyResidence for Sale in Wheelers Subd

7500 5th Terrace, Labelle, FL, 33935

3 beds2 baths1,515 sqft2 garage
Gated

About this home

Privacy, Space & Quality Finishes -3 Bedroom Home on 1.25 Acres in Wheeler Estates! Welcome to Wheeler Estates S/D, a desirable rural residential community known for its generous lot sizes and peaceful country setting. Built in 2021, this like-new 3 bedroom, 2 bath home offers quality construction, an open-concept layout, and 1.25 acres at the end of a dead-end street for added privacy. Inside, vaulted ceilings and an open floor plan create a bright, inviting living space ideal for everyday living and entertaining. The island kitchen features granite countertops, bar seating, pantry, tile flooring throughout, and a window overlooking the expansive backyard. A full-lite glass door opens to the 10’ x 23’ screened lanai, perfect for enjoying Florida evenings and family gatherings. The split-bedroom layout provides privacy, with a spacious primary suite that includes a large walk-in closet and a floor-to-ceiling tiled shower with glass enclosure. Hurricane-impact doors and windows provide added safety and peace of mind. Wheeler Estates is a rural community where some agricultural uses may be permitted (buyers are encouraged to verify allowable uses with zoning). The area continues to grow in popularity due to its private setting, generous acreage parcels, and convenient access to Fort Myers, downtown, and major city amenities, all while maintaining the quiet country lifestyle. Quick and easy access to SR 80, just 20 minutes to Fort Myers, and 45 minutes to Gulf beaches. This home offers the perfect combination of newer construction, ample acreage, privacy, and peace of mind.

Property details

Type
SingleFamilyResidence
Year built
2021
Interior
1,515 sqft
Lot size
54,450 sqft
Acreage
1.25 acres
Garage
2 car
Days on market
150
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,599/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Hendry
Above marketThis home is priced above comparable recent sales.
This home
$264/sqft
Comp median
$223/sqft
Difference
+18%

Based on the $/sqft of 18 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
7608 8th PlaceJun 2026$430,0003/21,568$274
713 Wells AvenueOct 2025$309,0004/31,540$201
121 Hines AvenueOct 2025$307,0003/21,400$219
519 Monroe AvenueAug 2026$349,9003/21,350$259
4006 E 2nd StreetJul 2026$355,0003/21,493$238
509 Johns AvenueAug 2026$360,0004/31,715$210
Average6 comps$351,817$234

Market trends, Labelle

Median list
$325,450
Median $/sqft
$211
Median sold (90d)
$290,990
Avg days on market
113
Active listings
240
Median sold price · Labelle
$290,990last 3 months1.3% vs $287,199 prior 3 months
Median closed price by month · Labelle
8.9% MoM5% YoY
$265k$308k$350kJul ’25Sep ’26
$305,000Sep ’26 · 10 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.

Price & status history

Down $39,900 (9.1%) from the original list price.

Aug 18, 2026Sold$400,000
Apr 23, 2026Price reducedfrom $439,900$399,900
Feb 26, 2026Listed$439,900

The good, the trade-offs & the location

Pros
  • Built 2021 — post-2002 Florida wind codes (typically lower insurance)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Location convenienceModerate
Hospital
4.2 mi
Lehigh Regional Medical Center
Beach
25.3 mi
Lovers Key State Park
Airport
13.5 mi
RSW Intl (Fort Myers)
Shopping
17 mi
Gulf Coast Town Center

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

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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.