702 Lake Drive, Sebastian, FL 32958
$119,000
Property Type:
Land & Docks
Lot Size (sq. ft.):
14,810
Status:
Active
Current Price:
$119,000
List Date:
5/16/2025
Last Modified:
3/19/2026
Overview
Description
Welcome to 702 Lake Dr - a rare opportunity for builders, investors, or future homeowners looking to create their ideal residence. This spacious and beautifully treed lot once housed a 3-bedroom, 2-bathroom home with 1,690 sqft. While the home was lost to a fire, the original foundation and in-ground pool remain, offering a solid starting point for a new build. Located in an established, no-HOA neighborhood, the property provides the perfect blend of privacy, freedom, and potential. With infrastructure already in place, this lot is ready for its next chapter—whether you envision a custom home, a modern rebuild, or an investment project. Just minutes from the river, beaches, and downtown Sebastian, 702 Lake Dr is more than just a piece of land—it’s a foundation for your future.
Listing Details MLS# F10504153
General Property Information
- Property Sub Type
- Unimproved Land
- Number Of Lots
- Yes
- Lot Size Acres
- 0.34
- Lot Size Square Feet
- 14810
- Lot Size Dimensions
- 14,810
- Direction Faces
- Southeast
- LP/Assessed Value
- 1.19
- LP/SqFt
- 8.04
Property Features
Current Use:
Residential; Single Family; Other
Development Status:
Raw Land; Other
Location of Property:
City Location; Corner Unit
Other Structures:
None
Possession:
Close Of Escrow
Possible Use:
Single Family
Sewer:
Public Sewer
Trees:
Other
Utilities:
Natural Gas Available
Listing Terms:
Cash; Conventional
Lot Features:
Other
Road Frontage Type:
Public Road
Road Responsibility:
Public Maintained Road
Water Access:
None
Water Source:
Public
Showing Requirements:
No Sign
Acreage Description:
1/4 To Less Than 1/2 Acre Lot
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2025-05-16
- Original List Price
- 119000
- LP/Acre
- 350000
Location and Legal
- Country
- United States
- County Or Parish
- Indian River
- County Parish Name
- Indian River
- Street Number
- 702
- Street Name
- Lake
- Street Suffix
- Drive
- City Name
- Sebastian
- State Or Province
- FL
- Postal Code
- 32958
- Postal Code +4
- 4236
- Postal Zip
- 32958
- Subdivision Name
- Sebastian Highlands
- Area
- 6351 - Sebastian (IR)
- Geographic Area
- INRV - Indian River
- Elementary School
- Sebastian
- Middle Or Junior School
- Sebastian River
- High School
- Sebastian River
- Parcel Number
- 313801000030900000060
- Zoning
- RS-10
Financial Information
- Tax Year
- 2024
- Tax Annual Amount
- 738
- Tax Assessed/SOH Value
- 99679
- Tax Legal Description
- SEBASTIAN HIGHLANDS UNIT 02 BLK 90 LOT 6 PBI 5-34
- Assessor Market Value
- 99679
Status Change Information
- Major Change Timestamp
- 2025-05-16T16:29:47Z
- Major Change Type
- New Listing
- Status Change Date
- 2025-05-16
More Information
Boat and Dock Information
- Dock
- No
Section Details
- Parcel Number MLX
- 3138
Originating Details
- Originating System Key
- 598593525
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- FLL
Current Use
- Residential
- Yes
- Single Family
- Yes
- Other
- Yes
Development Status
- Raw Land
- Yes
- Other
- Yes
Location of Property
- City Location
- Yes
- Corner Unit
- Yes
Other Structures
- None
- Yes
Possession
- Close Of Escrow
- Yes
Possible Use
- Single Family
- Yes
Sewer
- Public Sewer
- Yes
Trees
- Other
- Yes
Utilities
- Natural Gas Available
- Yes
Water Access
- None
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Other
- Yes
Road Frontage Type
- Public Road
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Water Source
- Public
- Yes
Showing Requirements
- No Sign
- Yes
Acreage Description
- 1/4 To Less Than 1/2 Acre Lot
- Yes
Listing Office:
Serhant
Last Updated: March - 19 - 2026
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