12050 138TH AVENUE, FELLSMERE, FL, 32948
Active104 days on marketListed Apr 23, 2026MLS #OM723434
About this home
12050 138TH AVENUE
Escape to tranquility with this stunning 10-acre property bordering the St. Sebastian Preserve. Experience wildlife roaming the land and enjoy the peaceful ambiance. Farm home features 3 bedrooms, 2 bathrooms, and an inviting open-concept layout. Additional highlights include a whole-house generator, brand-new kitchen appliances, and a spacious 50 x 70 building with electrical and water services. The property also boasts a serene pond. Enjoy breathtaking views and the beauty of nature right at your doorstep. This is more than just a home—it's a lifestyle. Schedule your private tour today!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,624
Sqft
9.19 ac
Lot size
2
Garage
2001
Year built
One
Levels
$613
Per sqft
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.
$6,405 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,405/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Fellsmere actives
$613 vs $335
Days on market
104 vs 104 typical
Where $613/sqft sits among the 9 Fellsmere actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
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
$600K → $694K
Fellsmere median sold, yr/yr
99.2%
Sale-to-list ratio (12 mo)
1 of 9
Fellsmere actives have cut their price
Median sold price, Fellsmere, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 121% above the FELLSMERE 32948 median. See the full Fellsmere market guide →
Paper trail
This home's history
Reality check
What actually sold near 12050 138TH AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$685,000
13720 101ST STREET · same community
3 bd · 2 ba · 1,360 sqft · $504/sqft · 129 DOM
Sold · Sep ’25$280,000
15050 115th Street, Fellsmere FL 32948 · same community
3 bd · 1 ba · 676 sqft · $414/sqft · 29 DOM
Sold · Jun ’26$840,000
Nearby listing · same community
4 bd · 3 ba · 2,741 sqft · $306/sqft · 50 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 12050 138TH AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 12050 138TH AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
12050 138TH AVENUE FAQs
What would the monthly payment be for 12050 138TH AVENUE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,405/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 12050 138TH AVENUE?+
The most recent tax bill on record (2024) was $6,038. 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 $995,000, this home is listed about 57% above the Fellsmere median of $635,250. The market section on this page shows how the area is trending.
Which schools are assigned to 12050 138TH AVENUE?+
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
Three things that matter here
01Positioned at the premium end
$995,000 runs 121% above the FELLSMERE 32948 median.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
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.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX CROWN REALTY · John E. King. MLS #OM723434.
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 Stellar MLS.
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