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- LoopNet Team
14355 115th St
Fellsmere, FL 32948
Fellsmere 104 Acre Grove · Land For Sale
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104.86 AC
INVESTMENT HIGHLIGHTS
- Great location for potential subdivision of approximately 10- 10 acre residential lots.
- Current agricultural use reduces the property taxes through an agricultural exemption.
- Producing citrus grove operation with income potential.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Unknown |
| Property Subtype | Residential | Total Lot Size | 104.86 AC |
| Zoning | A-2, Agricultural 2 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Unknown |
| Total Lot Size | 104.86 AC |
| Zoning | A-2, Agricultural 2 |
DESCRIPTION
This property could be purchased as an investment or owner user for the continued operation of the citrus grove or by an investor who could take the property through the plating process with Indian River County for the subdivision of approximately Ten -10 acre lots. The market area surrounding the property is mostly composed of 9-10 acre single family ranchette type properties. The property currently consists of a single parcel of record with Indian River County but the property is split, north to south, by 141st Street. The eastern portion of the property totals approximately 60 acres with direct frontage along the west side of 138th Ave. which is the major north/south paved roadway connecting Fellsmere to the City of Palm Bay. The eastern portion of the property also includes direct frontage along the north side of 113th Street (dirt road). The western portion of the property is located at the northwest corner of 141st Street and 113th Street (both dirt roads).
PROPERTY TAXES
| Parcel Number | 31-37-00-00001-0626-00001.0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $125,832 |
PROPERTY TAXES
