$75,000
$33K PRICE DROP

Estimated payment $696/month

Total Views 8,205
0.11 Acre
$681,818 Price per Acre
4,792 Sq Ft Lot

About This Lot

Discover a rare opportunity in Terra Mar Village, a serene fishing community nestled along the Intracoastal Waterway. Presenting a premier corner lot (185), this property stands as one of the last remaining gems in a quiet, low-traffic cul-de-sac. Unique in its M5 zoning, it offers the flexibility to build a new block, wood frame or constructed home, providing a alternative to traditional manufactured housing. The seller of this cleared, flat lot has been diligent in preparing to build and has obtained a survey and a county-approved variance for reduced setbacks, paving the way for a streamlined building process. Unlike typical community arrangements, owning this lot means no space rent, only a modest amenity fee contributing to the upkeep of luxurious facilities like two saltwater swimming pools, a newly constructed fishing pier with boat slips, a boat launch, and a clubhouse. Spanning approximately 50 x 100 feet, the lot sits outside a flood zone and has demonstrated resilience in recent storms, highlighting its suitability for coastal living. A preliminary site plan is available for a 1,000 sqft, 2-bedroom, 2-bath block home featuring two driveways and a carport. Imagine your life here, where rocket launches light up the sky, and days are filled with fishing, boating, and embracing the coastal lifestyle. Are you ready to build your dream and immerse yourself in everything this coastal community has to offer? All information intended to be accurate however not guaranteed.

Listing Agent

Carl Vasile

EXIT REAL ESTATE PROPERTY SOL Brokerage Phone: 386-402-7909 License #3240095 Listed on: 11/17/2023

EXIT REAL ESTATE PROPERTY SOL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $496

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Cleared Lot
  • Property is zoned M5

HOA Fees

  • $250 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 8538-12-02-1850

Community Details

Overview

  • Association fees include pool, ground maintenance
  • Terra Mar Village Association, Phone Number (386) 957-1992
  • River Park Mobile Home Colony Sec 01 Subdivision

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$496

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Grounds
  • Property Type: Land
  • Lot Size Acres: 0.11
  • Directions to Property: From 442, South on Ridgewood to Terra Mar Village. Left on Indian River, Right onto Cedar Way.
  • Status: Active
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037564
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 386-402-7909
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 4332

Exterior Features

  • Road Frontage Type: Access Road
  • Road Surface Type: Concrete
  • Price Per Acre: 681818

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association Name: Terra Mar Village
  • Phone: 386-957-1992
  • Association: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: terramarvillage@wgppm.com
  • Development: Terra Mar Village

Lot Info

  • Zoning: M5
  • Parcel Number: 8538-12-02-1850
  • Current Use: Residential
  • Lot Features: Cleared
  • Lot Dimensions: 50x100

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Yes

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $496 $65,500 $65,500 --
2024 $496 $65,500 $65,500 --
2023 $496 $31,500 $31,500 $0
2022 $435 $23,750 $23,750 $0
2021 $339 $23,750 $23,750 $0
2020 $308 $21,250 $21,250 $0
2019 $305 $21,250 $21,250 $0
2018 $277 $18,300 $18,300 $0
2017 $218 $10,000 $10,000 $0
2016 $232 $10,000 $0 $0
2015 $240 $10,000 $0 $0
2014 $239 $10,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $75,000 -5.9% --
07/29/2025 07/29/25 For Sale $79,700 0.0% --
07/25/2025 07/25/25 Off Market $79,700 -- --
05/14/2025 05/14/25 Price Changed $79,700 -2.8% --
03/04/2025 03/04/25 Price Changed $82,000 -3.5% --
01/23/2025 01/23/25 Price Changed $85,000 -2.9% --
11/09/2024 11/09/24 Price Changed $87,500 -2.7% --
09/04/2024 09/04/24 For Sale $89,900 0.0% --
08/25/2024 08/25/24 Off Market $89,900 -- --
06/17/2024 06/17/24 Price Changed $89,900 -12.3% --
04/30/2024 04/30/24 Price Changed $102,500 +5.7% --
02/29/2024 02/29/24 Price Changed $97,000 -7.0% --
01/03/2024 01/03/24 Price Changed $104,300 -3.0% --
11/17/2023 11/17/23 For Sale $107,500 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $27,900 Professional Title Agcy Inc
Quit Claim Deed -- Professional Title Agcy Inc
Warranty Deed $3,500 --
Deed $15,000 --
Deed $15,000 --
Deed $100 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $22,320 Purchase Money Mortgage
Source: Public Records

Source: Stellar MLS

MLS Number: NS1077934

Stellar MLS

APN: 8538-12-02-1850