144 N Elm Street, Fellsmere, FL 32948 — MLS photo

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144 N Elm Street, Fellsmere, FL 32948

Active · SingleFamilyResidence

$347,000

144 N Elm Street, Fellsmere, FL 32948

Beds
3
Baths
2
Living area
1,658 sq ft
$ / sq ft
$209/sq ft
Year built
1967
Lot size
—
HOA fee
—
Annual tax
$5,227

About this property

Welcome to this opportunity-filled property in the heart of Fellsmere! Situated on over 1 acre, this home offers space, functionality, and future potential. Featuring newer impact windows and doors for added security and efficiency. The property includes a pole barn with attached open carport on a solid slab—perfect for vehicles, equipment, or toys. A separate pad with its own dedicated power meter is city permitted and ready for a shed or metal building. Enjoy a chicken coop and two additional sheds, ideal for storage or a homesteading lifestyle. Conveniently located near shops and major roadways. Great opportunity for homeowners or investors—schedule your showing today!

Property location

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144 N Elm Street, Fellsmere, FL 32948

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,658 sq ft
Flooring
Carpet, Vinyl
Appliances
Dishwasher, Electric Range, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Entrance Foyer, Main Living Area Entry Level, Other, Tub Shower

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1967
Stories
1
Architectural style
Ranch, One Story
Roof
Composition, Shingle
Exterior features
Other, Shed
Pool
None

Parking

Covered spaces
2
Parking features
Attached, Driveway, Garage

HOA, Community & Financials

Pets allowed
No
Annual tax
$5,227
Subdivision
TOWN OF FELLSMERE
County
Indian River
Days on market
203
MLS listing ID
B26007940
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$1,262

Cap rate
10.1%
Net yield
10.1%
Cash-on-cash return
15.6%
Gross yield
13.6%
Mortgage payment
$1,645/mo
Down payment
$86,750
Loan amount
$260,250
Annual NOI
$34,885

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.