Unimproved Land in 702 Lake Drive, Sebastian, FL 32958 for sale with MLS# F10504153

Welcome to 702 Lake Dr - a rare opportunity for builders, investors, or future homeowners looking to create their ideal residence. This spacious and beautifully treed lot once housed a 3-bedroom, 2-bathroom home with 1,690 sqft. While the home was lost to a fire, the original foundation and in-ground pool remain, offering a solid starting point for a new build. Located in an established, no-HOA neighborhood, the property provides the perfect blend of privacy, freedom, and potential. With infrastructure already in place, this lot is ready for its next chapter-whether you envision a custom home, a modern rebuild, or an investment project. Just minutes from the river, beaches, and downtown Sebastian, 702 Lake Dr is more than just a piece of land-it's a foundation for your future.

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702 Lake Drive, Sebastian, FL 32958

Price
Price:
$119,000.00
Original List Price:
$119,000.00
List Price per Sq Ft (Calculated, Approx.):
$8.04
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
May 16, 2025 4:29 pm
Measures
Lot Area:
14,810 Sqft
Lot Size Dimensions and Info:
14,810
Lot Size Unit:
Acres
Lot Features:
Other
Lot Size Acres:
0.34
Number of Lots:
1
Property Features
Waterfront:
No
Current Use:
Other, Single Family, Residential
Vegetation and Trees:
Other
Property Entrance Faces:
Southeast
Road Responsibility:
Public Maintained Road
Construction
Road Frontage Type:
Public Road
Possible Use:
Single Family
Taxes and Expenses
Tax Annual Amount:
$738.00
Tax Year:
2024
Tax Assessed Value:
$99,679.00
Utilities
Sewer:
Public Sewer
Utilities Available:
Natural Gas Available
Water Source:
Public
Community
Subdivision Name:
Sebastian Highlands
Senior Community:
No
Development Status:
Other, Raw Land
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
SEBASTIAN HIGHLANDS UNIT 02 BLK 90 LOT 6 PBI 5-34
Real Estate Folio Number (Parcel Number):
313801000030900000060
Zoning:
RS-10
Public Schools Assigned
High School:
Sebastian River
Middle Or Junior School:
Sebastian River
Listing History
Active on the market since:
May 16, 2025
Listing Agreement executed on:
May 16, 2025
Listing Status Last Changed On:
May 16, 2025 4:29 pm
Photos updated on:
May 16, 2025 4:35 pm
Last Modified:
April 9, 2026 7:28 am
Additional Information
Courtesy of:
Serhant
Attribution:
Not provided
Location
Street Name:
Lake
Street Number:
702
City:
Sebastian
State:
Florida
Zip Code:
32958
County:
Indian River
Latitude:
N27° 48' 0.9''
Longitude:
W81° 30' 30.9''
Street Suffix:
Drive
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $68,276
Median Home Value $279,100
Median Rent $1,388/mo
Median Age 59
Population 29,641

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