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W Hickpochee Ave
LaBelle, FL 33935
Belle Arbor Community · Land For Sale · 6.60 AC

Investment Highlights

  • 32 vacant residential developed lots
  • Next to future D.R. Horton community
  • Utilities and roads in place
  • No impact fees

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Single Family Development
  • Single Family Residence
Total Lot Size 6.60 AC
Zoning PUD - Planned Urban Development

Description

LSI Companies is pleased to present the Belle Arbor Community, a fully developed residential community offering 32 vacant developed lots within the City of LaBelle, FL. Belle Arbor is a rare opportunity for builders to capitalize on securing immediately available, finished lot inventory within a newly developed community. With development nearing completion, this offering is a blank canvas, ready to be molded into the next great neighborhood. Opportunities like this are almost nonexistent in the SWFL sub-market, making this a highly desirable offering. The community is located along Highway 80 within the quaint city of LaBelle, Florida. The sub-market has faced a shortage of new housing inventory and has welcomed developers and builders with open arms. Hendry County offers excellent incentives to spur further development, including no impact fees and expedited permits and approvals. These incentives intend to bring new growth to Hendry County to help meet the pent-up demand residents are currently facing with housing shortages. The Belle Arbor Community features 76 lots varying between 40’-50’ wide single-family homesites. Lot depths range from 100’-140’ deep. Water, sewer, electricity, and roads are in place, allowing a builder to pull permits and begin construction immediately. Purchase of the community includes the declarant rights, allowing the builder the flexibility to change the Declaration of Covenants and Restrictions to fit their personal preferences. Recently, D.R. Horton purchased 44 lots, completed in phase 1 of the development. They are actively under construction on several model homes opening soon. Phase 2 of construction is underway, which will deliver the remaining 32 lots in the 4th quarter of 2022. It’s no secret that SWFL has experienced a severe shortage of finished lot inventory over the past several years. The problem has continued to worsen with the recent relocation of COVID migrants seeking a better way of life in SWFL. Due to this residential shortage, this offering will be highly desired by builders and developers alike. Horizontal construction is wrapping up, and the heavy lifting has been completed. Belle Arbor has all the ingredients for the next successful residential community in SWFL. Don’t miss out on this unique opportunity to add to your existing lot inventory.

  • Listing ID: 26929444

  • Date on Market: 10/25/2022

  • Last Updated:

  • Address: W Hickpochee Ave, LaBelle, FL 33935

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