40 Acres located just south of Labelle FL in the Gerber Groves Community. This property is currently zoned Ag and sets up to go multiple directions such as building your future home or splitting into smaller parcels for multiple homesites. The current residential zoning is 1 unit / 5 acres. This parcel is cleared and would be ideal to grow bamboo, row crops, hemp, sod, nursery, tree farm, hay field, and or cow pasture. It is in the Gerber Groves Water Control District, the tax is collected for the District by the Hendry County Tax Collector annually. All canal drainage ditches and road maintenance are provided by the District. If you wish to have surface water irrigation your own pump could be installed with a permit from water management and pull water from the canals. (South Florida Water Management District agricultural subdivision permit) There is existing power in close proximity to this property. Other properties are available in the area ranging from 26-66 acres.
Current Use
Cattle, Crops, Agricultural
Utilities
Electricity Available
Lot Description:
Buildable, Cleared, Farm, Greenbelt, In County, Level, Pasture, Rural
1ST ROAD, Labelle, FL, 33935
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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