154 Broadway St Fellsmere, FL 32948-6607
This exceptional 0.16-acre commercial lot presents a remarkable investment opportunity in the thriving town of Fellsmere, Florida. Located at 154 N Broadway St., Fellsmere, FL 32948 (APN: 31370000009099000003.0), this property is zoned for commercial use within the "Old Town District," offering considerable flexibility for a variety of business ventures. The land is lightly wooded and situated on a paved road, ensuring convenient access and visibility. Fellsmere's strategic location in central Florida, near major roadways, contributes to its economic growth and makes this property highly attractive. The town's pro-growth administration fosters a supportive environment for new businesses, making this an ideal location for entrepreneurs and investors alike. An adjacent lot is also available, presenting the potential for expansion or development of a larger commercial project. This is a rare chance to acquire a well-situated commercial lot in a rapidly developing area. The asking price is $71,500. Don't miss this opportunity to secure your place in Fellsmere's burgeoning commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
OTD · Fellsmere, FLFellsmere. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.