This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/14
$119,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/14
Property 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.
Full Property Details
Full Property Details for 702 Lake Dr
General
- Price: $119,000
- Taxes: $738 (2024)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: F10504153
- Updated: 3/19/2026
- Added to Site: 323 day(s) ago
Location
- County: Indian River
- Subdivision: Sebastian Highlands
- Direction Faces: Southeast
School Information
- Elementary School: Sebastian
- Middle School: Sebastian River
- High School: Sebastian River
Community
- Community Name: 6351 - Sebastian (IR)
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Current Bldg. Use: Other, Residential, Single Family
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,810
- Lot Dimensions: 14810
- Frontage: Public Road
- Road Maintenance: Public Maintained Road
- Lot Features: City Lot, Other, 1/4 to 1/2 Acre Lot
- Development Status: Other, Raw Land
- Potential Use: Single Family
- Trees/Vegetation: Other
- Zoning: RS-10
Water Features
- Water Front View: None
Financial Considerations
- Assessment Amount: $99,679
- Tax Amount: $738
- 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
Get Pre-Approved Today
Schools
Schools serving 702 Lake Dr
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Sebastian Elementary School 400 Sebastian Boulevard, Sebastian, FL 32958 | PK-5 | 0.9 mi |
Sebastian River Middle School 9400 Fellsmere Road, Sebastian, FL 32958 | 6-8 | 2.6 mi |
Sebastian River High School 9001 90th Avenue, Sebastian, FL 32958 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 702 Lake Dr
Date
Details
Price
Change
Source
5/16/2025
Listed
$119,000
—
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 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
—
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 702 Lake Dr
702 Lake Drive, Sebastian, FL 32958 (MLS# F10504153) is a Vacant Land property with a lot size of 0.34 acres. 702 Lake Drive is currently listed for $119,000 and was received on May 16, 2025. Want to learn more about 702 Lake Drive? Do you have questions about finding other Vacant Land real estate for sale in Sebastian? You can browse all Sebastian real estate or contact a Coldwell Banker agent to request more information.

