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$1,290,000
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Property Description
1.29-acre industrial lot with Possible Owner Financing is a high-demand opportunity in one of the last available prime locations! Strategically positioned right in front of Route 512 with exceptional frontage and exposure, this property is perfect for businesses seeking maximum visibility and accessibility. Ideal for warehouses, distribution, storage, or manufacturing. Just 2 miles from I-95, ensuring fast and easy transportation routes. High-Traffic Visibility, frontage on CR 512 for excellent business exposure. Very little industrial land left in this booming area.
Full Property Details
Full Property Details for 12498 Co Rd 512
General
- Price: $1,290,000
- Taxes: $1,101 (2024)
- Status: Active
- Type: Lots/Land
- Source: Regional
- MLS ID: RX-11099648
- Updated: 6/17/2025
- Added to Site: 215 day(s) ago
Location
- Area: Other Geographic Area
- County: Indian River
- Subdivision: Fellsmere Farms
- Driving Directions: From the intersection of I-95 & CR 512 go West 2 miles. Watch for sign on the right side of CR 512.
- Location Details: Industrial Park
Community
- Home Owners Assn.: None
Utilities
- Utility Description: Cable, Electric, Municipal Sewer, Phone Line
- Onsite: None
Structural Information
- Architectural Style: Vacant Land
- Description/Design: Industrial Heavy, Industrial Light
Lot Features
- Property View: Other
- Lot Size (Acres): 1.29
- Lot Size (Sq. Ft.): 56,192
- Street/Road Desc.: County Road
- Grounds/Landscape: Other
- Development Status: Recorded Plat
- Land Improvements: None
- Potential Use: Industrial Land
- Trees/Vegetation: Other
- Zoning: IND
- Lot Description: 1 to < 2 Acres
Financial Considerations
- Price Per Acre: $1,000,000
- Tax Amount: $1,101
- Tax Year: 2024
- Terms: Cash, Conventional, Owner
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: FELLSMERE FARMS COS SUB PBS 2-1&2 PART OF TRS 1549 & 1644 MORE PART DESC AS FOLL:COM AT INT OF TWP LINE
- APN: 31370000001154900001
Listed by Billero & Billero Properties
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Schools
Schools serving 12498 Co Rd 512
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Treasure Coast Elementary School 8955 85th St, Sebastian, FL 32958 | PK-5 | 4.7 mi |
Sebastian River Middle School 9400 Fellsmere Road, Sebastian, FL 32958 | 6-8 | 3.9 mi |
Sebastian River High School 9001 90th Avenue, Sebastian, FL 32958 | 9-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12498 Co Rd 512
Date
Details
Price
Change
Source
6/16/2025
Listed
$1,290,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12498 Co Rd 512
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,122
2%
$56,701
—
2024
$1,101
16%
$56,754
15%
2023
$948
-1%
$49,343
—
2022
$955
-3%
$49,343
—
2021
$985
-5%
$49,343
—
2018
$1,035
1%
$49,343
—
2017
$1,029
3%
$49,343
—
2016
$1,000
-5%
$49,340
—
2015
$1,050
4%
$49,340
—
2019
$1,014
2%
$49,343
6%
2014
$992
4%
$46,440
5%
2013
$950
—
$44,120
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12498 Co Rd 512
12498 County Road 512, Fellsmere, FL 32948 (MLS# RX-11099648) is a Lots/Land property with a lot size of 1.29 acres. 12498 County Road 512 is currently listed for $1,290,000 and was received on June 16, 2025. Want to learn more about 12498 County Road 512? Do you have questions about finding other Lots/Land real estate for sale in Fellsmere? You can browse all Fellsmere real estate or contact a Coldwell Banker agent to request more information.

