702 Lake Dr Sebastian, FL 32958
Sebastian Highlands NeighborhoodEstimated payment $711/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
- Corner Lot
- Paved or Partially Paved Lot
- Property is zoned RS-10
Location
- City Lot
Community Details
- 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 |
|---|---|---|---|---|
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
|---|---|---|---|
| Warranty Deed | $224,900 | Professional Title Of Indian | |
| Warranty Deed | $155,000 | Oceanside Title & Escrow |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $216,861 | VA | |
| Closed | $214,668 | VA | |
| Closed | $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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