702 Lake Dr

$119,000
Price
14,810 / 0.34
Lot Size / Acres

Description

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...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.
  1. Listed by Devan Lunceford • Serhant

Property Details for 702 Lake Drive

Subdivision Name
Sebastian Highlands
Waterfront
No
LISTING UPDATED: 05/16/2025 10:30 PM

Property Details for 702 Lake Drive

StatusActive
MLS #F10504153
Days on Market222
Taxes$738 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeResidential Land/Boat Docks / Residential
Year Built-
Lot Size0.34 AC
CountyIndian River County

Location

Listing Courtesy of Serhant
Add your commute

Building Information for 702 Lake Drive

Lot Size0.34 AC

Payment Calculator

$650 per month

30 year fixed, 6.28% Interest

Principal and Interest

$588

Property Taxes

$62

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 702 Lake Drive

General Information
General Information
  • Township Range: 38
  • Street Number Numeric: 702
  • Street Name: Lake Dr
  • County Or Parish: Indian River County
  • Postal Code: 32958
  • City and Location Text: Sebastian
  • City Postal ID: 32958
Maintenance / Tax Information
  • Tax Amount: $738
  • Tax Year: 2024
Building Information
  • Property Sq Ft: 14810
  • Property Type: Residential Land/Boat Docks
  • Style of Property: Zoned Residential
  • Subdivision Complex Bldg: Sebastian Highlands
  • Type of Property: Residential
  • MLS Area: 6351 - Sebastian (IR)
Virtual Tour / Features / Utilities
Interior
  • Water View: None
Exterior
  • Dock Information: None
  • Front Exposure: South East
  • Surface Description: Paved Road
  • Dock: None
Waterfront
  • Water Access: None
  • Water Description: Municipal Water
Utilities
  • On Site Utilities: Electric, Gas, Sewer, Water
  • Sewer Description: Municipal Sewer
Property / Lot Information
Building Information
  • Building Includes: None
  • Miscellaneous Improvements: Other
  • Zoning Information: RS-10
  • Num Parcels: 1
Community Information
  • Property Management: No
Location Information
  • Area: 6351 - Sebastian (IR)
  • Geographic Area: IR51
  • Location: City Location, Corner Location
  • Parcel Number Free Text: 313801000030900000060
  • Section: 1
  • State: FL
Lot Information
  • Approximate Lot Size: 14,810
  • Development: Other Development Incl, Undeveloped
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Lot Square Footage: 14810.0
  • Total Acreage: 0
  • Type of Trees: Other Trees
  • Usage Description: Other Usage

Property History for 702 Lake Drive

DateEvent & SourcePriceAppreciation
May 16, 2025

Listed (Active)

GFLR #F10504153

$119,000
Mar 24, 2017

Sold (Public Record)

Public Record #596514875

$224,900

+4.8% / yr

Mar 24, 2017

Sold

RAIRCMLS #180777

$224,900
Feb 4, 2017

Pending

RAIRCMLS #180777

Feb 3, 2017

Listed (Active)

RAIRCMLS #180777

$224,900
May 4, 2009

Sold (Public Record)

Public Record #268967084

$155,000
May 4, 2009

Sold

RAPB #RX-2997303

$155,000
Apr 16, 2009

Pending

RAPB #RX-2997303

Feb 11, 2009

Listed (Active)

RAPB #RX-2997303

$165,000
DateEvent & SourcePrice
05/16/2025

Listed (Active)

GFLR #F10504153

$119,000
03/24/2017

Sold (Public Record)

Public Record #596514875

$224,900

+4.8% / yr

03/24/2017

Sold

RAIRCMLS #180777

$224,900
02/04/2017

Pending

RAIRCMLS #180777

02/03/2017

Listed (Active)

RAIRCMLS #180777

$224,900
05/04/2009

Sold (Public Record)

Public Record #268967084

$155,000
05/04/2009

Sold

RAPB #RX-2997303

$155,000
04/16/2009

Pending

RAPB #RX-2997303

02/11/2009

Listed (Active)

RAPB #RX-2997303

$165,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 702 Lake Drive

Taxable ValueLand-Additions-Total-
Tax Record2025$751 ($63 / month)
Home Facts
Beds3Total Finished SqFt1,690 SqFtAbove Grade Finished SqFt1,690 SqFtStories1Lot Size14,810 SqFtStyleMiscellaneous ResidentialYear Built1984ZoningRS-10CountyINDIAN RIVERAPN31-38-01-00003-0900-00006.0Fireplace TypeHas Fireplace

Schools near 702 Lake Drive

This home is within Indian River.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Sebastian Elementary School
PublicK to 5

Sebastian River Middle School
Public6 to 8

Sebastian River High School
Public9 to 12

Sebastian Charter Junior High School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

702 Lake Drive is a 0.34 ac of land for sale in Sebastian, FL 32958. This property was listed for sale on May 16, 2025 by Serhant, it's currently listed at $119,000. It has been on the market for a total of 222 days and was last sold on March 24, 2017. This listing's school district is Indian River. Nearby schools include Sebastian Elementary School, Sebastian River Middle School and Sebastian River High School. 702 Lake Drive is a 0-bed, 0-bath, 0.34 ac of land on a 14,810 sq. ft. / 0.34 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Serhant

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.