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$119,000

  • For Sale
  • Active
  • Residential Lots
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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.

Full Property Details for 702 Lake Dr

General

  • Price: $119,000
  • Taxes: (2024)
  • Status: Active
  • Type: Residential Lots
  • Source: Ft_Lauderdale
  • MLS ID: F10504153
  • Updated: 6/30/2025
  • Added to Site: 245 day(s) ago

Location

  • Area: 6351 - Sebastian (IR)
  • County: Indian River County
  • Subdivision: Sebastian Highlands
  • Direction Faces: South East

Utilities

  • Sewer: Municipal Sewer
  • Water: Municipal Water
  • Onsite: Electric, Gas, Sewer, Water

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,810
  • Lot Size: 14810
  • Development Status: Other Development Incl, Undeveloped
  • Trees/Vegetation: Other Trees
  • Zoning: RS-10
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot

Water Features

  • Water Access Desc: None

Financial Considerations

  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: SEBASTIAN HIGHLANDS UNIT 02 BLK 90 LOT 6 PBI 5-34
  • Property ID: 313801000030900000060

Listed by Serhant

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Listing agent

— 702 Lake Dr —

  • Serhant

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 702 Lake Dr

School District:Indian River County School District
NameGradesDistance
Sebastian Elementary School
400 Sebastian Boulevard, Sebastian, FL 32958
PK-50.9 mi
Sebastian River Middle School
9400 Fellsmere Road, Sebastian, FL 32958
6-82.6 mi
Sebastian River High School
9001 90th Avenue, Sebastian, FL 32958
9-123.3 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 702 Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/16/2025
Listed
$119,000
-47.09%
MLS
3/24/2017
Sold
$224,900
—
Public Record
Get Price Alerts and Save Property
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 for 702 Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$751
2%
$58,087
3%
2024
$738
57%
$56,450
3%
2023
$470
-84%
$54,806
-74%
2021
$3,025
—
$209,149
-3%
2022
$3,033
—
$215,423
4%
2021
$3,025
1%
$206,262
2%
2019
$2,988
-2%
$201,624
1%
2018
$3,034
88%
$199,863
67%
2017
$1,612
-1%
$119,920
1%
2016
$1,623
-3%
$118,170
1%
2015
$1,672
3%
$117,350
1%
2014
$1,618
3%
$116,420
1%
2013
$1,574
—
$114,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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702 Lake Dr, Sebastian, FL 32958 (MLS# F10504153) is a Residential Lots property with 0 bedrooms and 0 full bathrooms. 702 Lake Dr is currently listed for $119,000 and was received on May 16, 2025. Want to learn more about 702 Lake Dr? Do you have questions about finding other Residential Lots real estate for sale in Sebastian? You can browse all Sebastian real estate or contact a Coldwell Banker agent to request more information.

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