702 Lake Dr Sebastian, FL 32958
Sebastian Highlands NeighborhoodEstimated payment $675/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $738
Lot Details
- 0.34 Acre Lot
- Southeast Facing Home
Location
- City Lot
Community Details
- No Home Owners Association
- Sebastian Highlands Subdivision
Listing and Financial Details
- Assessor Parcel Number 313801000030900000060
Map
Home Values in the Area
Average Home Value in this Area
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 | $751 | $58,087 | -- | -- |
| 2024 | $470 | $58,087 | -- | -- |
| 2023 | $470 | $54,806 | $0 | $0 |
| 2022 | $3,033 | $215,423 | $0 | $0 |
| 2021 | $3,025 | $209,149 | $0 | $0 |
| 2020 | $3,028 | $206,262 | $0 | $0 |
| 2019 | $2,988 | $201,624 | $30,462 | $171,162 |
| 2018 | $3,034 | $199,863 | $28,465 | $171,398 |
| 2017 | $1,612 | $119,920 | $0 | $0 |
| 2016 | $1,623 | $118,170 | $0 | $0 |
| 2015 | $1,672 | $117,350 | $0 | $0 |
| 2014 | $1,618 | $116,420 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/16/2025 05/16/25 | For Sale | $119,000 | -47.1% | -- | |
| 03/24/2017 03/24/17 | Sold | $224,900 | 0.0% | $133 / Sq Ft | View Prior Sale |
| 02/22/2017 02/22/17 | Pending | -- | -- | -- | |
| 02/03/2017 02/03/17 | For Sale | $224,900 | -- | $133 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Certificate Of Transfer | $50,100 | -- | |
| Warranty Deed | $224,900 | Professional Title Of Indian | |
| Warranty Deed | $155,000 | Oceanside Title & Escrow |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $202,400 | New Conventional | |
| Previous Owner | $152,192 | FHA |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10504153
APN: 31-38-01-00003-0900-00006.0
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. 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.
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Ask me questions while you tour the home.