









$1,290,000
12498 County Road 512
Explore the area: Fellsmere homes for sale · Indian River County real estate
Price Check
How this price compares
- List price
- $1,290,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 483
This lot in Fellsmere Farms is listed at $1,290,000. It has been on the market for 483 days.
Estimated monthly payment
$6,780 /mo
Principal and interest only, based on $258,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,290,000
- Days on Site
- 483 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 1.29 Acres
- Property Type
- Land
- MLS #
- R11099648
- Property Tax
- $1,101 (2024)
- Subdivision
- Fellsmere Farms
- County
- Indian River
- Status
- Active
About This Property
1.29-acre industrial lot with Possible Owner Financing is a high-demand opportunity in one of the last available prime locations! Strategically positioned right in front of Route 512 with exceptional frontage and exposure, this property is perfect for businesses seeking maximum visibility and accessibility. Ideal for warehouses, distribution, storage, or manufacturing. Just 2 miles from I-95, ensuring fast and easy transportation routes. High-Traffic Visibility, frontage on CR 512 for excellent business exposure. Very little industrial land left in this booming area.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- South
- Lot Size (Acres)
- 1.29
- Sewer
- Public Sewer
- Zoning
- IND
Exterior Features
- Lot Features
- One To Two Acres / Industrial Park
- View
- Other
Community & HOA
- Utilities
- Cable Available / Electricity Available / None / Phone Available / Sewer Available
- Financing Terms
- Cash / Conventional / Owner Will Carry
- MLS Area
- 5940 - Other Florida County
About the Community
- Homes for Sale
- 4
- Under Contract
- 0
- Avg Days on Market
- 651
Frequently Asked Questions
- How do I schedule a tour of 12498 County Road 512, Fellsmere, FL 32948?
- Use the Tour button on this listing to request a showing of 12498 County Road 512, Fellsmere, FL 32948. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 12498 County Road 512, Fellsmere, FL 32948 still available?
- 12498 County Road 512, Fellsmere, FL 32948 is currently listed as Active, and has been on the market 483 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 12498 County Road 512, Fellsmere, FL 32948?
- With 20% down ($258,000) on the $1,290,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 12498 County Road 512, Fellsmere, FL 32948 is about $6,780/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 12498 County Road 512, Fellsmere, FL 32948?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 12498 County Road 512, Fellsmere, FL 32948. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 12498 County Road 512, Fellsmere, FL 32948?
- Often, yes. The right offer on 12498 County Road 512, Fellsmere, FL 32948 depends on how it's priced against comparable land sales in Fellsmere, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Billero & Billero Properties
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,290,000
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Listed by Roberto E Berlingieri, Billero & Billero Properties
Map & Location
Cities in Indian River County
Zip Codes in Indian River County
Property Types
Recent Sales
Recently sold homes in Fellsmere Farms
These are the last 4 recorded closings in Fellsmere Farms, with the price each home actually sold for rather than what it was listed at. They closed at a median of $414 per square foot. The most recent closed on May 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$275,000
Sold · May 1, 2026
0 County 512 Road
0 bed · 0 bath
$25,000 under the asking price
Sold$412,000
Sold · December 10, 2025
15355 93rd Street
0 bed · 0 bath
$73,000 under the asking price
Sold$280,000
Sold · September 19, 2025
15050 115th Street
3 bed · 1 bath · 676 sqft · $414/sqft
$45,000 under the asking price
Sold$245,000
Sold · July 21, 2025
14625 115th Street
0 bed · 0 bath
$20,000 under the asking price
See every recorded sale in Fellsmere Farms or find out what your Fellsmere Farms home is worth.



