Create a label from a listbox item

Question

I’m trying to create a prototype application to map a network. The application looks like this:

It consists of 2 buttons, one for scan that will fill the list on the right with the desired data and a second button (placeholder) that should create a draggable label (this being the difficulty) with the text equivalent to the item in the list I have selected so that, as soon as it is created, I can drag that same label onto the map in order to map the computer in my application.

I have already gone through several attempts, so far unsuccessful... nor am I sure that I want to create it (draggable label) is possible. For already was already satisfied with the label itself appear.

What I’ve tried so far is:

 private void button2_Click(object sender, EventArgs e)
    {
        Label lbl = new Label
        {
            Text = listBox1.SelectedItem.ToString()
        };
    }

I also tried to integrate the following solution but without success.

So I ask here, is there any way to create a label from a selection of an item in a listbox? And if so, it is possible for this label to be dragged during Runtime?

Thanks in advance.