$232,075
$244,900
5.2%For more information regarding the value of a property, please contact us for a free consultation.
1270 GREENWOOD AVE Labelle, FL 33935
3 Beds
2 Baths
1,749 SqFt
Key Details
Sold Price $232,075
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,749 sqft
Price per Sqft $132
Subdivision Port Labelle
MLS Listing ID O5946326
Sold Date 07/23/21
Bedrooms 3
Full Baths 2
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 2009
Annual Tax Amount $3,109
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Indulge yourself with this beautiful single-family home in Port Labelle.. This beautiful 3 Bedroom 2 Bathroom home is nestled on a 10,454 Sqft lot. Spacious open rooms allow natural light to flow throughout the home. Open kitchen, equipped with stainless steel appliances, wood cabinets, a large island with large countertops are perfect for a new owner who enjoys cooking and entertaining.
This property is located in an Opportunity Zone Program. Investments are made in Opportunity Zones through U.S. Treasury Qualified Opportunity Zone Funds, which must invest over 90 percent of their assets in Qualified Opportunity Zone properties and businesses.
Qualified Opportunity Zone Funds attract investors through possible tax benefits. Tax benefits can accrue once unrealized capital gains from other investments are rolled into Qualified Opportunity Zone Funds. Benefits include the following:
Taxes are deferred on capital gains rolled into Qualified Opportunity Zone Funds and the original tax bill through December 31, 2026 or the sale of the Opportunity Zone investment, whichever is earlier;
Taxes are reduced on capital gains held in Qualified Opportunity Zone Funds for certain lengths of time; for investments held for 5-years, the cost basis for tax purposes is increased by 10% and for investments held for 7 years, the cost basis increases an additional 5%;
The rolled over capital gain appreciates tax-free if the investment in the Qualified Opportunity Zone Fund is held for 10 years or longer.
Location
State FL
County Glades
Community Port Labelle
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Laminate
Fireplace false
Appliance Microwave, Range, Refrigerator
Exterior
Exterior Feature Other
Parking Features Driveway
Garage Spaces 2.0
Utilities Available Electricity Connected, Water Connected
View Garden
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Cleared, In County, Oversized Lot, Paved
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Septic Needed
Water Well
Structure Type Block,Stucco
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Membership Fee Required None
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE