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    14855 111Th St Fellsmere, FL 32948

    Sponsored
    For Sale
    $224,000

    Prime 10-acre tract, ideal for diverse uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10-acre parcel, encompassing 435,600 square feet, presents a unique opportunity for various commercial and residential ventures. Located at 14855 111th Street, Fellsmere, Florida (zip code 32948), this property offers a blend of rural tranquility and strategic accessibility. The land's expansive size allows for diverse development possibilities, including the construction of a dream home, livestock raising, or the establishment of a nursery or farm. The property's zoning allows for both commercial and residential uses, providing flexibility for investors and developers. Situated in Indian River County, this location offers a balance between rural living and proximity to urban amenities. The asking price for this remarkable property is $224,000. With its substantial size and versatile zoning, this 10-acre tract represents a compelling investment opportunity in a desirable Florida location. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property is conveniently located at the specified address in Fellsmere, Florida, offering easy access to local infrastructure and services. The latitude and longitude coordinates are 27.7960145 and -80.628632 respectively.

    Property Features for 14855 111Th St

    General Information

    Property type
    Land

    HighLights

    • 10‑acre parcel (435,600 sq ft) in Fellsmere, FL (32948) for $224,000.
    • Zoned for commercial and residential use.
    • Offers diverse development potential including residential, agricultural, and commercial uses.
    • Located at 14855 111th Street, Fellsmere, FL, with convenient access to local infrastructure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fellsmere
    County
    Indian River
    State
    Florida
    Longitude
    -80.628632
    Latitude
    27.7960145

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime 10-acre tract, ideal for diverse uses.
    Where is this land located?
    The property is located at 14855 111Th St Fellsmere, FL.
    What is the asking price?
    The asking price for this property is $224,000.
    What are key features of this property?
    This property features: 10-acre parcel (435,600 sq ft) in Fellsmere, FL (32948) for $224,000.; Zoned for commercial and residential use.; Offers diverse development potential including residential, agricultural, and commercial uses.
    Request Owner's contact information
    14855 111Th St Fellsmere, FL 32948
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    Fellsmere, FL 32948
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    Realmo Value Estimation

    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.

    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.

    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
    14855 111Th St Fellsmere, FL 32948
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