, FELLSMERE, FL, 32948
Active283 days on marketListed Oct 10, 2025MLS #R11131267
About this home
2 Commercial properties being sold together. Tax ID 31370000009064000015.0 is for the address 2 N Bay St. Tax ID # 31370000009064000018.0 is for 1 N Hickory St.
Facts & features
The home at a glance
0.87 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,105 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,105/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Fellsmere
Get to know Fellsmere. See the full Fellsmere guide →
FELLSMERE 32948 — neighborhood snapshot
Population
6,802
Median age
37.4
Median income
$60,099
Median home value
$196,200
Avg household
3.91
Households w/ children
766
For the school run
Indian River County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Fellsmere market
$799K → $271K
Fellsmere median sold, yr/yr
Median sold price, Fellsmere, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1% below the FELLSMERE 32948 median. See the full Fellsmere market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$250,000
48 N Oak Street, Fellsmere FL 32948 · same community
3 bd · 2 ba · 1,107 sqft · $226/sqft · 84 DOM
Sold · Dec ’25$299,990
88 N OAK STREET · same community
3 bd · 2 ba · 1,263 sqft · $238/sqft · 34 DOM
Sold · Jul ’26$360,000
50 S Willow Street, Fellsmere FL 32948 · same community
3 bd · 2 ba · 1,600 sqft · $225/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
FAQs
What would the monthly payment be for ?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,105/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on ?+
The most recent tax bill on record (2025) was $1,162. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Fellsmere?+
At $450,000, this home is listed about 36% below the Fellsmere median of $698,500. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
Fellsmere Elementary School (elementary), Sebastian River Middle School (middle), Sebastian River High School (high) — Indian River County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Other & Other Water View views
The other and other water view view is part of what you're buying — views hold value independently of the structure.
02Time on market is leverage
283 days on market against a Fellsmere median of 41 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Fellsmere Elementary School, Sebastian River Middle School, Sebastian River High School — Fellsmere Elementary School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $650,000, now $450,000 — a $200K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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