55 North Bay Street

Fellsmere, FL 32948

$90,000
Price
21,780 / 0.5
Lot Size / Acres

Description

An exceptional opportunity in real estate - a spacious lot with the potential to be subdivided into two separate parcels. Encompassing .5 acres, this property offers versatility and potential for investors or those seeking to build multiple residences. Nestled in a desirable location, only three blocks from town. The lot's generous size allows for the creation of two distinct parcels, each offering space for a custom home, landscaping, and outdoor amenities. With the option to split the lot, buyers...An exceptional opportunity in real estate - a spacious lot with the potential to be subdivided into two separate parcels. Encompassing .5 acres, this property offers versatility and potential for investors or those seeking to build multiple residences. Nestled in a desirable location, only three blocks from town. The lot's generous size allows for the creation of two distinct parcels, each offering space for a custom home, landscaping, and outdoor amenities. With the option to split the lot, buyers have the flexibility to develop one parcel while retaining the other for future investment.
  1. Listed by Michelle Banack • Alex MacWilliam, Inc. • 772-231-6509
  2. Listed by Brittany Banack Williams • Alex MacWilliam, Inc.

Property Details for 55 North Bay Street

Subdivision Name
Fellsmere Town Of
Waterfront
No
Waterfront Features
None
View
Other

Location

Listing Courtesy of Alex MacWilliam, Inc.
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LISTING UPDATED: 03/19/2024 09:07 AM

Property Details for 55 North Bay Street

StatusActive
MLS #276393
Days on Market51
Taxes$569 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.50 AC
CountyIndian River County

Location

Listing Courtesy of Alex MacWilliam, Inc.
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Building Information for 55 North Bay Street

Lot Size0.50 AC

Payment Calculator

$539 per month

30 year fixed, 7.25% Interest

Principal and Interest

$491

Property Taxes

$47

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 55 North Bay Street

Summary
Location and General Information
  • Community Features: Other, StormDrains
  • Directions: Go west on County Road 512. Turn right on Bay Street. The lot is located on the southeast corner of N Bay and Idaho.
  • Postal City: Fellsmere
  • Road Frontage Type: Interchange
  • Zoning: ,
  • Zoning Description: Residential
Taxes and HOA Information
  • Association Fee: $.00
  • Association Name: None
  • Tax Annual Amount: $569.00
  • Tax Assessed Value: 24631
  • Tax Block: 58
  • Tax Legal Description: TOWN OF FELLSMERE BLK 58 LOTS 28 TO 34 INC PBS 2-3
  • Tax Lot: 28
  • Tax Year: 2023
Property
Lot Information
  • Current Use: SingleFamily
  • Lot Features: CornerLot, ModerateTrees, Item14to12AcreLot, SplitPossible
  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Dimensions: 175x125
  • Lot Size Range: 1/4 to 1/2 Acre
  • Lot Size Square Feet: 21780.0
  • Lot Size Units: Acres
  • Living Area: 21,780.00
  • Parcel Number: 31370000009058000028.0
  • Possible Use: Residential
Property and Assessments
  • Human Modified: Yes
  • Number Of Lots: 7
  • Property Type: Land
Utilities
  • Sewer: NotConnected
  • Utilities: CableAvailable
  • Water Source: NotConnected, Public
Interior and Exterior Features
Exterior Features
  • View: Yes
Rental Information
Rent Information
  • Restrictions: NoDeedRestrictions, NoRestrictions

Property History for 55 North Bay Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 55 North Bay Street

Taxable ValueLand$40,906Additions-Total$40,906
Tax Record2023$569 ($47 / month)
Home Facts
Beds0Lot Size21,780 SqFtStyleResidentialZoningR-1CountyINDIAN RIVERAPN31-37-00-00009-0580-00028.0

Schools near 55 North Bay Street

This home is within Indian River.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Fellsmere Elementary School
PublicPK 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

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55 North Bay Street is a 0.5 ac of land for sale in Fellsmere, FL 32948. This property was listed for sale on March 14, 2024 by Alex MacWilliam, Inc., it's currently listed at $90,000. This listing's school district is Indian River. Nearby schools include Fellsmere Elementary School, Sebastian River Middle School and Sebastian River High School. 55 North Bay Street is a 0-bed, 0-bath, 21,780 sqft 0.5 ac of land on a 21,780 sq. ft. / 0.5 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Alex MacWilliam, Inc.

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.