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    For Sale (43)

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    Fellsmere Fruit Grove For Sale
    $750,000
    5.15 Acres

    Fellsmere Fruit Grove For Sale

    Revenue-generating fruit grove with infrastructure and equipment in Fellsmere, FL.

    91St St, Fellsmere, FL 32948
    View details
    Prime Land on US Highway
    $1,100,000
    2.34 Acres

    Prime Land on US Highway

    2.34 acres with highway frontage in Sebastian, Florida.

    1531 Lots, Sebastian, FL 32958
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    Fellsmere Land Parcel Available
    $299,900
    4.23 Acres

    Fellsmere Land Parcel Available

    4.23 acre land parcel in Fellsmere, Florida.

    13420 101St St, Fellsmere, FL 32948
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    Fellsmere, FL Land Opportunity
    $665,000
    4.20 Acres

    Fellsmere, FL Land Opportunity

    Land for sale in Fellsmere redevelopment district.

    13765 99Th St, Fellsmere, FL 32948
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    Fellsmere Land in Redevelopment District
    $199,900
    0.40 Acres

    Fellsmere Land in Redevelopment District

    0.40-acre property in the heart of the city.

    6 S Cypress St, Fellsmere, FL 32948
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    8.53 Acres in Fellsmere, FL
    $298,550
    8.53 Acres

    8.53 Acres in Fellsmere, FL

    8.53-acre property suitable for building or agriculture.

    121 St, Fellsmere, FL 32948
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    Fellsmere Land Opportunity
    $350,000
    10.00 Acres

    Fellsmere Land Opportunity

    10-acre property suitable for building, cattle, or agriculture.

    122 122Nd St, Fellsmere, FL 32948
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    Sebastian Highlands Corner Lot
    $95,000
    0.25 Acres

    Sebastian Highlands Corner Lot

    Corner lot in Sebastian Highlands, ideal for building a home.

    401 Betty Ave, Sebastian, FL 32958
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    Fellsmere Land Subdivision Potential
    $1,131,300
    37.71 Acres

    Fellsmere Land Subdivision Potential

    Land with subdivision potential in a desirable Fellsmere location.

    15355 117Th St, Fellsmere, FL 32948
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    Fellsmere Commercial Land For Sale
    $450,000
    0.87 Acres

    Fellsmere Commercial Land For Sale

    Two commercial properties sold together in Fellsmere, Florida.

    1 N Hickory St, Fellsmere, FL 32948
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    Fellsmere Land for Sale
    $350,000
    10.00 Acres

    Fellsmere Land for Sale

    10-acre property suitable for residential or agricultural use.

    121 St, Fellsmere, FL 32948
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    Sebastian, FL Buildable Lot
    $87,000
    0.23 Acres

    Sebastian, FL Buildable Lot

    Buildable lot in the heart of Sebastian, Florida.

    Tulip Dr, Sebastian, FL 32958
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    Sebastian, FL Buildable Lot
    $87,000
    0.23 Acres

    Sebastian, FL Buildable Lot

    Buildable lot in the heart of Sebastian, Florida.

    769 Tulip Dr, Sebastian, FL 32958
    View details
    Commercial Land on US Highway
    $550,000
    1.15 Acres

    Commercial Land on US Highway

    Two commercial lots totaling 1.15 acres with highway frontage.

    1531 Lots, Sebastian, FL 32958
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    Commercial Land on US Highway 1
    $300,000
    0.57 Acres

    Commercial Land on US Highway 1

    Over 0.5 acre commercial land with highway frontage.

    1531 Us Highway 1, Sebastian, FL 32958
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    24.6 Acres in Fellsmere, FL
    $1,500,000
    24.60 Acres

    24.6 Acres in Fellsmere, FL

    24.6 acres of land suitable for roaming or investment.

    13380 101St St, Fellsmere, FL 32948
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    Fellsmere Land Opportunity
    $298,550
    8.53 Acres

    Fellsmere Land Opportunity

    8.53-acre property suitable for building or agriculture.

    122 122Nd St, Fellsmere, FL 32948
    View details
    Fellsmere Land Parcel For Sale
    $1,399,900
    29.63 Acres

    Fellsmere Land Parcel For Sale

    29.63-acre parcel, fenced, suitable for building or agriculture.

    11525 138 Ave, Fellsmere, FL 32948
    View details
    Riverfront Homesite in Gated Community
    $333,333
    0.90 Acres

    Riverfront Homesite in Gated Community

    Premier river-frontage homesite in gated Village of Kashi.

    11311 Ganesh Way, Sebastian, FL 32958
    View details
    Vero Beach Commercial Land Available
    $175,000
    1.25 Acres

    Vero Beach Commercial Land Available

    Commercial land near I-95 interchange, suitable for various uses.

    9425 105Th Ave, Vero Beach, FL 32967
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    Fellsmere Land for Sale
    $350,000
    10.00 Acres

    Fellsmere Land for Sale

    10 acres of land in Fellsmere, Florida.

    15255 111Th St, Fellsmere, FL 32948
    View details
    Waterfront Island Parcel in Sebastian
    $175,000
    0.71 Acres

    Waterfront Island Parcel in Sebastian

    Unique 0.71-acre island on Fisher Lake, Sebastian, Florida.

    1579 Eagles Cir, Sebastian, FL 32958
    View details
    Vero Beach Double Lot
    $80,000
    0.34 Acres

    Vero Beach Double Lot

    Prime double lot to build your dream home!

    455 15Th Pl SW, Vero Beach, FL 32962
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    Vero Beach Land Opportunity
    $57,900
    0.32 Acres

    Vero Beach Land Opportunity

    0.32 acre lot in Vero Tropical Gardens, build your dream home.

    9765 23Rd St, Vero Beach, FL 32966
    View details
    9.84 Acres in Fellsmere, FL
    $375,000
    9.84 Acres

    9.84 Acres in Fellsmere, FL

    9.84-acre property suitable for building a home or livestock.

    117Th St, Fellsmere, FL 32948
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    Commercial Lots in Fellsmere, FL
    $120,500
    0.24 Acres

    Commercial Lots in Fellsmere, FL

    Commercial lots ready for development in Fellsmere, Florida.

    118 N Broadway St, Fellsmere, FL 32948
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    Highway Frontage Commercial Land
    $1,800,000
    6.17 Acres

    Highway Frontage Commercial Land

    Commercial land with highway frontage in Sebastian, Florida.

    10595 Us Highway 1, Sebastian, FL 32958
    View details
    Residential Land in Vero Beach
    $45,000
    0.22 Acres

    Residential Land in Vero Beach

    Land available to build your dream home in Florida.

    8845 99Th Ave, Vero Beach, FL 32967
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    Oversized Corner Lot in Vero Beach
    $225,000
    0.44 Acres

    Oversized Corner Lot in Vero Beach

    Corner lot in gated equestrian community near beaches and amenities.

    7685 N Polo Grounds Ln, Vero Beach, FL 32966
    View details
    Fellsmere Land Parcel For Sale
    $137,500
    0.68 Acres

    Fellsmere Land Parcel For Sale

    Large corner parcel in Fellsmere, Florida, suitable for development.

    104 N Willow St, Fellsmere, FL 32948
    View details
    Fellsmere Land for Redevelopment
    Contact for pricing

    Fellsmere Land for Redevelopment

    Commercial land available in Fellsmere's redevelopment district.

    13765 99Th St, Fellsmere, FL 32948
    View details
    Sebastian Industrial Corner Lot
    $749,900

    Sebastian Industrial Corner Lot

    Versatile Warehouse Space, Ample Parking

    6820 Woodmere 6820 Rd, Sebastian, FL 32958
    View details
    Industrial Property: Sebastian, FL
    $749,900
    0.26 Acres

    Industrial Property: Sebastian, FL

    0.26-Acre Industrial Lot - $749,900

    6820 Woodmere Rd, Sebastian, FL 32958
    View details
    Sebastian Commercial Property For Sale
    Contact for pricing
    2,496 SF

    Sebastian Commercial Property For Sale

    Commercial property in Sebastian, Florida, totaling 2,496 square feet.

    6820 Woodmere Rd, Sebastian, FL 32958
    View details
    Highway Frontage Commercial Land Available
    Contact for pricing

    Highway Frontage Commercial Land Available

    Over 100' US Highway 1 frontage in Sebastian, Florida.

    1531 Us Highway 1, Sebastian, FL 32958
    View details
    Fisher Lake Island Opportunity
    $175,000
    309,276 SF

    Fisher Lake Island Opportunity

    Half-acre island on Fisher Lake, Sebastian, Florida.

    1579 Eagles Cir, Sebastian, FL 32958
    View details
    Commercial Lots Ready For Development
    $120,500
    10,500 SF

    Commercial Lots Ready For Development

    Prime commercial lots suitable for business or development projects.

    118 North Broadway St, Fellsmere, FL 32948
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    Fellsmere Land For Sale
    $1,399,900

    Fellsmere Land For Sale

    Land available on 115th Street, Fellsmere, Florida.

    11525 138 Ave, Fellsmere, FL 32948
    View details
    Vacant Land in Fellsmere, FL
    $299,900

    Vacant Land in Fellsmere, FL

    Vacant land available in Fellsmere, Florida.

    13420 101St St, Fellsmere, FL 32948
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    Land Ready For Development
    Contact for pricing

    Land Ready For Development

    Land available for building your dream home.

    10030 N 83Rd St, Vero Beach, FL 32967
    View details
    Buildable Lot in Sebastian
    Contact for pricing

    Buildable Lot in Sebastian

    Buildable lot available for purchase in Sebastian, Florida.

    769 Tulip Dr, Sebastian, FL 32958
    View details
    Subdividable Land Parcel For Sale
    $1,131,300

    Subdividable Land Parcel For Sale

    Land with potential for subdivision into 10-acre parcels.

    15355 117Th St, Fellsmere, FL 32948
    View details
    Land For Sale
    $199,900

    Land For Sale

    Land available at the corner of Cypress and CR-512.

    6 S Cypress St, Fellsmere, FL 32948
    View details

    For Lease (1)

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    Retail Space in Sebastian, FL
    $1,100 / Mo
    1,102 SF

    Retail Space in Sebastian, FL

    Clean retail space with ample parking and high-traffic location.

    9410 N Us Highway 1, Sebastian, FL 32958
    View details

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    RE/MAX Crown Realty
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    RE/MAX Crown Realty
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