154 Broadway StFellsmere, FL 32948

  • Land
  • 0.16 AC
For Sale
$71,500 View listing

Property Details for 154 Broadway St

Lot size
0.16 AC
Zone code
OTD
Property type
Land
Property subtype
Commercial land
APN
31-37-00-00009-0990-00003.0
APU
9223372036854775807

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,192,667
    Hospitality
    $2,008,471
    Educational
    $1,671,024
    Medical
    $1,728,493
    Retail
    $2,599,371
154 Broadway St, Fellsmere, Florida

Location Insight

City
Fellsmere
County
Indian River
State
Florida
Latitude
27.7736
Longitude
-80.6016
CBSA code
42680
CBSA name
SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$248
$14,875
-
$14,875
-
$14,875
-
$14,875

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