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$102,500

12885 86th Street

Fellsmere, FL 32948

Listing updated: January 15, 2026 at 12:24 PM ET

Active

Listing courtesy of List It Right Realty Inc · Perla Penaloza · MLS #TB8464220 · Active · 772-492-3725

Baths

0.5

Acres

◆$5/sqft

Land

Property type

21,780 sqft

Lot size

Price / sq ft

No HOA

HOA dues

Day on market

Flood zone

About this home

This is a package deal—this property must be sold together with 12885 86th St, Fellsmere, FL 32948 for a total price of $205,000. Fantastic vacant lot with tons of potential! Whether you’re ready to build your dream home or make a smart investment, this property offers a great opportunity. Flexible zoning provides multiple options to explore. Don’t wait—make it yours before someone else does! Information subject to errors and omissions. Buyer to perform due diligence.

Local Insight

At $5 per square foot, this half-acre lot in Fellsmere is priced aggressively, but you're buying raw land in a rural area with minimal infrastructure—factor in the real costs of utilities, road access, and whether the lot actually supports your intended use before getting excited about the price. The X flood zone is a genuine advantage for financing and insurance, though Fellsmere's remote location means you're trading affordability for serious isolation and limited buyer pool if you ever need to exit.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$518

Property taxes$47

Home insurance (est.)$47

Down payment

20%

$20,500 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history1 days on market

Status: Active
Jan 14, 2026
Listed$102,500
Jan 14, 2026
Price increased$102,500

Facts & features

Property type: Land
Status: Active
Days on market: 1
Subdivision: Homewood Add
County: Indian River
Price/sq ft: $5
Lot size: 21,780 sq ft
Lot category: 1/2 to less than 1
Flood zone: X (12061C0089J)
Annual taxes: $566 (2025)
Parcel #: 31-37-00-00011-2054-00015.0
Zoning: A-1
MLS #: TB8464220

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HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Ownership: Fee Simple

Exterior & Construction

Road surface: Other

Utilities

Sewer: None
Water source: None
Utilities: Cable Available

Listing Details

Listing date: 2026-01-14
On market date: 2026-01-14
Original list price: $102,500
MLS area: 32948 - Fellsmere
Listing AOR: Suncoast Tampa
Status changed: 2026-01-14
Tax legal description: PLAT OF HOMEWOOD PBS 2-15 TR 2054 LOT 15

Flood risk

Minimal riskFEMA Zone XPanel 12061C0089J

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From Co Rd 512,Turn left onto S Willow St, Continue onto 130th Ave, property will be on the left.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of January 15, 2026 at 12:24 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA