12885 86TH STREET, FELLSMERE, FL, 32948
Active202 days on marketListed Jan 14, 2026MLS #TB8464220
About this home
12885 86TH STREET
This is a package deal—this property must be sold together with 12885 86th St, Fellsmere, FL 32948 for a total price of $205,000. Fantastic vacant lot with tons of potential! Whether you’re ready to build your dream home or make a smart investment, this property offers a great opportunity. Flexible zoning provides multiple options to explore. Don’t wait—make it yours before someone else does! Information subject to errors and omissions. Buyer to perform due diligence.
Facts & features
The home at a glance
0.5 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.
$856 /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
$856/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
$600K → $694K
Fellsmere median sold, yr/yr
99.2%
Sale-to-list ratio (12 mo)
Median sold price, Fellsmere, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 77% below the FELLSMERE 32948 median. See the full Fellsmere market guide →
Paper trail
This home's history
Reality check
What actually sold near 12885 86TH STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$299,990
88 N OAK STREET
3 bd · 2 ba · 1,263 sqft · $238/sqft · 34 DOM
Sold · Jul ’26$360,000
50 S Willow Street, Fellsmere FL 32948
3 bd · 2 ba · 1,600 sqft · $225/sqft · 0 DOM
Sold · Jun ’26$702,125
Nearby listing
3 bd · 2 ba · 2,080 sqft · $338/sqft · 14 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 12885 86TH STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 12885 86TH STREET — 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
12885 86TH STREET FAQs
What would the monthly payment be for 12885 86TH STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $856/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 12885 86TH STREET?+
The most recent tax bill on record (2025) was $566. 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 $102,500, this home is listed about 84% below the Fellsmere median of $635,250. The market section on this page shows how the area is trending.
Which schools are assigned to 12885 86TH STREET?+
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.
Keep looking
Similar homes nearby
Listing courtesy of LIST IT RIGHT REALTY INC · Perla Penaloza. MLS #TB8464220.
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.
Never miss a listing
New Fellsmere homes, in your inbox
Like 12885 86TH STREET but not quite? A daily digest of every new listing in Fellsmere — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →