$425,000
Sold · August 21, 2026
TBD Tbd 512
Explore the area: Fellsmere homes for sale · Indian River County real estate
Sale Summary
What this home sold for
- Sold price
- $425,000
- Vs. list price
- 3.2% under
- Days on market
- 222
- Price per sq ft
- N/A
This lot in ZIP 32948 sold for $425,000 on August 21, 2026. That was 3.2% below its final list price of $439,000. It first came on the market at $599,000, so the price was adjusted before it sold. It spent 222 days on the market.
Listing Snapshot
- Sold Price
- $425,000
- Sold On
- August 21, 2026
- Days on Site
- 222 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 2.52 Acres
- Property Type
- Land
- MLS #
- F10515244
- Property Tax
- $1,410 (2024)
- County
- Indian River
- Status
- Sold
About This Property
INSTANT EQUITY! RECENT APPRAISAL HIGHER THAN LIST PRICE! Survey and feasibility study also available. Imagine the potential for your business on this expansive 2.52-acre commercial property in Fellsmere. With more than 250 feet of highly visible frontage along CR-512, your enterprise will benefit from constant exposure. Whether you envision a bustling retail center, a modern office complex, or another innovative commercial concept, the possibilities are vast. Plus, its strategic location less than 2.5 miles from I-95 ensures easy access for customers and operations. Don't miss out on these two contiguous lots, offered as a single, exceptional package.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Sold
- Lot Size (Acres)
- 2.52
Exterior Features
- Lot Features
- Two To Three Acres / Other
Community & HOA
- Utilities
- Sewer Not Available / Water Available
- Financing Terms
- Cash / Conventional / FHA
- Restrictions
- City Restrictions
- MLS Area
- 6311 - Beach City (IR)
About the Area
- Homes for Sale
- 23
- Median List Price
- $731,950
- Median $/Sq Ft
- $333
- Avg Days on Market
- 298
Frequently Asked Questions
- How do I schedule a tour of TBD Tbd 512, Fellsmere, FL 32948?
- Use the Tour button on this listing to request a showing of TBD Tbd 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 TBD Tbd 512, Fellsmere, FL 32948 still available?
- TBD Tbd 512, Fellsmere, FL 32948 is currently listed as Sold, and has been on the market 222 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 TBD Tbd 512, Fellsmere, FL 32948?
- With 20% down ($87,800) on the $439,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for TBD Tbd 512, Fellsmere, FL 32948 is about $2,307/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 TBD Tbd 512, Fellsmere, FL 32948?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on TBD Tbd 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 TBD Tbd 512, Fellsmere, FL 32948?
- Often, yes. The right offer on TBD Tbd 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 Coldwell Banker Paradise
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 July 1, 2026.
$425,000
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Listed by Francesca M Alger, Coldwell Banker Paradise
Map & Location
Cities in Indian River County
Zip Codes in Indian River County
Property Types
Recent Sales
Recently sold homes in ZIP 32948
These are the last 6 recorded closings in ZIP 32948, with the price each home actually sold for rather than what it was listed at. They closed at a median of $311 per square foot. The most recent closed on September 24, 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$905,000
Sold · September 24, 2026
12050 138th Avenue
3 bed · 2 bath · 1,624 sqft · $557/sqft
$90,000 under the asking price
Sold$715,000
Sold · June 12, 2026
12450 77th Street
3 bed · 2.5 bath · 2,676 sqft · $267/sqft
$10,000 under the asking price
Sold$655,000
Sold · May 8, 2026
12750 79th Street
4 bed · 2.5 bath · 2,105 sqft · $311/sqft
$34,900 under the asking price
Sold$250,000
Sold · May 8, 2026
48 N Oak Street
3 bed · 2 bath · 1,107 sqft · $226/sqft
$100 over the asking price
Sold$695,000
Sold · May 6, 2026
12585 S 89th Street
3 bed · 2.5 bath · 1,944 sqft · $358/sqft
Sold$275,000
Sold · May 1, 2026
0 County 512 Road
0 bed · 0 bath
$25,000 under the asking price
See every recorded sale in ZIP 32948 or find out what your ZIP 32948 home is worth.
