$1,275,000
SOLD JUN 18, 2025
20 Acres
$63,750 Price per Acre
871,200 Sq Ft Lot

Recently Sold

9% Below List Price

381 Days on Market

Highlights

  • Horses Allowed On Property
  • 20 Acre Lot
  • Garden View

About This Lot

As of June 2025

Located on 49th Street just west of 66th Ave, this serene 20-acre parcel offers the perfect setting for peaceful country living. Build your dream estate, multiple estates, or a family compound. Enjoy the convenience of being close to shopping and just 20 minutes from the beach. The property features a 6' flow well and benefits from an agricultural tax exemption. It can be split at least once more, providing additional development opportunities. With no wetlands, currently use for cows and excellent draining pasture, this land is ready for your vision. Don't miss out on this unique opportunity!

Last Agent to Sell the Property

Thomas 'TP' Kennedy

Alex MacWilliam, Inc. Brokerage Phone: 772-231-6509 License #3377487 Listed on: 05/31/2024

Last Buyer's Agent

Lou Haggerty

Alex MacWilliam, Inc. License #3573973

Alex MacWilliam, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $505

Lot Details

  • 20 Acre Lot
  • Zoning described as Agricultural

Utilities

  • Well
  • Cable TV Available

Additional Features

  • Garden Views
  • Horses Allowed On Property

Community Details

  • Indian River Farms Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 32391900001011000002.0

Property Details

Property Type

Land

Est. Annual Taxes

$505

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 20.0
  • Lot Size: 20
  • Subdivision Name: Indian River Farms
  • Directions: west on 49th st on south side, west of 66th ave
  • Attribution Contact: 772-231-6509
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural

Exterior Features

  • Lot Features: 10-20 Acres, Split Possible, Acreage
  • View: Garden
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available
  • Water Source: Connected, Well

Condo/Co-op/Association

  • Community Features: Other, Storm Drain(s)
  • Association Name: Owner

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 871200.0
  • Number Of Lots: 1
  • Parcel #: 32391900001011000002.0
  • Zoning Description: Agricultural

Tax Info

  • Tax Annual Amount: 505.0
  • Tax Block: 1
  • Tax Lot: 1
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 18, 2025
Sold by
Hobbs Earl A and Hobbs Suzanne W
Bought by
Vero Pinnacle 49 Llc
Seller's Agent
Thomas 'TP' Kennedy
Alex MacWilliam, Inc.
Buyer's Agent
Lou Haggerty
Alex MacWilliam, Inc.
List Price
$1,399,000
Sold Price
$1,275,000
Premium/Discount to List
-$124,000
-8.86%
Total Days on Market
381
Views
27

Purchase Details

Closed on
Jan 7, 2022
Sold by
Hobbs Iii Earl A
Bought by
Hobbs Suzanne W and Hobbs Dorian Austin
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,275,000 Investors Title Insurance Agen
Warranty Deed $1,275,000 Investors Title Insurance Agen
Warranty Deed -- Carter Burney J
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $1,275,000 -8.9% --
06/01/2024 06/01/24 For Sale $1,399,000 -- --
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

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
2024 $505 $5,400 -- --
2023 $505 $5,400 $0 $0
2022 $506 $5,400 $0 $0
2021 $469 $5,400 $0 $0
2020 $470 $5,400 $0 $0
2019 $472 $5,400 $0 $0
2018 $453 $5,400 $0 $0
2017 $455 $5,400 $0 $0
2016 $446 $5,400 $0 $0
2015 $449 $5,400 $0 $0
2014 $428 $5,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 278738

APN: 32-39-19-00001-0110-00002.0