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Agricultural Land Homestead Parcel
For Sale
Under Contract
$525,000

87 Street, Fellsmere, FL 32948

LAND - Fellsmere, FL

Property SizeContact for details
Lot Size8.83 Acres
Days on Market105

Property Features for 87 Street

General Information

Property type Land
Property subtype Other
Zoning ,
Zoning description Agricultural, Residential
Subdivision Fellsmere Farms
Lot features Five To Ten Acres, Additional Land Available, Acreage
Elementary school district Indian River County Schools
Middle school district Indian River County Schools
High school district Indian River County Schools
Directions Take I-95 to Co Rd 512. Continue west on Co Rd 512. Turn left onto S Willow St. Continue onto 130th Ave approximately 0.2 mi Turn left onto 87th St.
Standard status Active Under Contract
APN 31370000001204600002.0
Lot size 8.83 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FELLSMERE FARMS COMPANY S/D OF UNSURVEYED TWP 31 RNG 37 PBS 2-1 AND 2 TRACT 2046
Tax Annual Amount 490
Legal Description FELLSMERE FARMS COMPANY S/D OF UNSURVEYED TWP 31 RNG 37 PBS 2-1 AND 2 TRACT 2046

Utilities

Water source Well Needed
Listing Agency: Alex MacWilliam, Inc.
Listed By: Michelle Banack · License #3252491
Added: Apr 22 Changed: Jun 20 Last Checked: Aug 4 at 3:06PM
MLS# 296761

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale parcel offers 8.83 acres of land intended to support a wide range of residential and agricultural uses. The property is being marketed as a setting for a custom homestead, with room for gardens, livestock, and recreational activities. The lot size provides the kind of open space many buyers look for when planning an out-of-town build with room to spread out.

Located in Fellsmere, Florida in Indian River County, the property is presented as a peaceful, natural setting for those seeking space outside of a denser development pattern. The listing address is provided as 87 Street, Fellsmere, FL 32948.

For buyers exploring a self-directed build, hobby farm, or land-based lifestyle, this parcel’s acreage supports planning flexibility around home placement and use areas. It may also appeal to investors or builders looking for a larger tract to hold for future development, subject to their due diligence on site requirements and use. Interested parties should review the land’s conditions and any applicable local requirements prior to making decisions.

Key Highlights

  • Expansive 8+ acre property with space for a custom home, gardens, livestock, and recreational use
  • Water source noted as “well needed”

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Garden Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

Demographics for 32948, FL

6,609
Population
1,921
Households
3.4
Avg Household Size
33
Median Age
12%
College-Educated
72%
High-School Grad
113.9 sq mi
ZIP Area
58
Density / Sq Mi
$60,099
Median Household Income
$31,868
Median Earnings
$1,079
Median Rent
$196,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - 8+ acre parcel in Fellsmere suited for a custom home with space for gardens, livestock, and recreation.
Where is this agricultural land / farmland located?
The property is located at 87 Street Fellsmere, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Expansive 8+ acre property with space for a custom home, gardens, livestock, and recreational use; Water source noted as “well needed”
More about this property
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