Unimproved Land in TBD Tbd 512, Fellsmere, FL 32948 for sale with MLS# F10515244

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.

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Days on the market

TBD Tbd 512, Fellsmere, FL 32948

Price
Price:
$439,000.00
Original List Price:
$599,000.00
List Price per Sq Ft (Calculated, Approx.):
$3.99
Business Info
Gross Scheduled Income:
0
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Status Change
Last Major Update on:
February 23, 2026 3:07 pm
Other Special Conditions:
City Jurisdiction
Measures
Lot Area:
110,124 Sqft
Lot Size Dimensions and Info:
2.52
Lot Size Unit:
Acres
Lot Size Acres:
2.52
Property Features
Waterfront:
No
Current Use:
Commercial, Unimproved
Construction
Road Frontage Type:
County Road
Possible Use:
Commercial
Taxes and Expenses
Tax Annual Amount:
$1,410.00
Tax Year:
2024
Utilities
Utilities Available:
Sewer Not Available, Water Available
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
FELLSMERE FARMS COMPANY S/D OF UNSURVEYED TWP 31 RNG 37 PBS 2-1 TWP 31 RNG 37 TR 1551 AND 1642 MORE PART DESC AS FOLL COM AT THE INTSC OF TH
Listing History
Active on the market since:
July 15, 2025
Listing Agreement executed on:
July 15, 2025
Purchase Contract Date:
February 22, 2026
Price change occurred on:
February 4, 2026 3:32 pm
Listing Status Last Changed On:
February 23, 2026 3:07 pm
Photos updated on:
July 15, 2025 2:51 pm
Last Modified:
April 9, 2026 8:42 am
Additional Information
Courtesy of:
Coldwell Banker Paradise
Attribution:
Not provided
Location
Street Name:
Tbd 512
Street Number:
TBD
City:
Fellsmere
State:
Florida
Zip Code:
32948
County:
Indian River
Latitude:
N27° 46' 4.7''
Longitude:
W81° 24' 40.8''
Property Map

Neighborhood Stats

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

Median Household Income $60,099
Median Home Value $196,200
Median Rent $1,079/mo
Median Age 37
Population 6,802

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