R2 Multi-family/Single-family residential building sites. The property is also designated for approved light neighbor commercial usage. This listing is for lots 1-6 of parcel 31-37-00-00009-1530-00001 on the north-end of Fellsmere Block 153, totaling approx 1.13 acres (49,425 sq ft). Each of the 6 lots is approx 50'x171' and there is total frontage of approx 289' on CR 507 which is now a paved truck route around the city of Fellsmere. This is a great investment property that is well suited as a building site for single-family residential, multi-family town-homes, apartments, laundromat, storage units, truck park, RV park and/or various other neighborhood commercial businesses. The property was previously a mobile home park with laundromat and propane gas station, but is now a cleared, maintained green building site which has only one remaining 400 sq ft commercial laundromat concrete block structure with an attached 320 sq ft portico. There is a new unused commercial laundromat capacity septic system, and the entire block has ready access connections to the Fellsmere city water system, AT&T, Comcast, etc. Note: An additional 6 lots totaling 1.13 acres (288' x 171') is also available on the south-end of this city block for $50,000. All 12 lots totaling 2.26 acres is available to a single buyer at a discounted price of $93,000. (Indian River County 2018 assessed property valuation for all 12 lots is $95,939). Location: These parcels are located on the west side of N Myrtle St (aka County Rd 507) between New York Av and South Carolina Av in the city limits of Fellsmere Fl 32948. County Rd 507 connects with County Rd 512 south to Florida Hwy 60 and north to I95 in Melbourne, Brevard County. The location is approximately 11 miles west of US Hwy 1 in Sebastian, 4 miles west of I95 and 9 miles east of Blue Cypress / Stick Marsh recreational fishing area. This is an Estate Trust Owner Owned property ready for immediate sale.
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