The town was founded in the 1890s, named after a beauty contest winner, Bell Fletcher. In the early 1900s, a railway was built, passing through the town on its route between Starke and Wannee. A train depot was built circa 1905, and the restored depot building is now the Town Hall.

The median income for a household in the town was $30,156, and the median income for a family was $30,987. Males had a median income of $21,250 versus $23,125 for females. The per capita income for the town was $11,790.

Bell is in Gilchrist County, Florida. The population was 456 at the 2010 census, up from 349 in 2000. It is situated in the northern part of the county. The middle/high school is home to approximately 750 students.