$1,100,000
Sebastian, FL 32958
MLS# R10894217
1 / 37
Property Description
Build your own business in the middle of Sebastian with over 400' of US HWY #1 frontage and nearly 2.5 acres. Conceptual drawings for an 8400 sq. ft. two story bank/office building and a 4,500 sq. ft. restaurant give you a great opportunity to see how this property could be developed. Owner will consider selling lots individually or purchase all four. Call for additional information.
Details
Maps
Contract Information
Comp Sale YN: No
LP/Acre: 470085.47
LP/Frontage: 2644.23
Listing Date: 2023-06-02
Status: Active
Original List Price: 1530000
List Price: $1,100,000
Current Price: $1,100,000
Location and Legal
County Or Parish: Indian River
County Parish Name: Indian River
City Name: Sebastian
Postal Zip: 32958
Country: United States
Street Number: 1531
Street Name: Us Highway 1
Street Suffix: Highway
State Or Province: FL
Postal Code: 32958
Subdivision Name: T.B. HICKS SUBDIVISION
Area: 5940 - Other Florida County
Parcel Number: 313906000020000000070
Zoning: CR
Directions: US 1 north of Main St. on west side.
General Property Information
Number Of Lots: 4
Lot Size Dimensions: 105.0 ft x 303.0 ft
Lot Depth: 300
Lot Frontage: 416
LP/SqFt: 43.67
Property Sub Type: Unimproved Land
Lot Size Acres: 2.34
Lot Size Square Feet: 25191
Direction Faces: East
Office/Member Information
DXORIGMLSID: RML
Short Sale Details
Short Sale Addendum: No
Documents Available
None: 1
Current Use
Commercial: 1
Development Status
Recorded Plat: 1
Location of Property
City Location: 1
Other: 1
Possession
Close Of Escrow: 1
Possible Use
Commercial: 1
Trees
Partial Tree Coverage: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
None: 1
Vegetation
Other: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
Highway: 1
Public Road: 1
Road Surface Type
Paved: 1
Water Source
Public: 1
Showing Requirements
Schedule Online: 1
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
2 To Less Than 3 Acre Lot: 1
Financial Information
Tax Year: 2022
Tax Annual Amount: 2898.06
Tax Legal Description: HICKS T B SUB PBS 3-22 LOT 7, LESS HWY R/W AS R BK 10PP 188 & LOTS 8 & 9
Status Change Information
Major Change Timestamp: 2026-02-06T15:59:10Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-02-06T15:59:10Z
Status Change Date: 2024-03-13
Originating Details
Originating System Key: 20230602135437543961000000
Originating System ID: M00000170
Property Features
Current Use: Commercial
Development Status: Recorded Plat
Documents Available: None
Location of Property: City Location; Other
Possession: Close Of Escrow
Possible Use: Commercial
Trees: Partial Tree Coverage
Utilities: Electricity Available; Sewer Available; Water Available; None
Vegetation: Other
Listing Terms: Cash; Conventional
Road Frontage Type: Highway; Public Road
Road Surface Type: Paved
Water Source: Public
Showing Requirements: Schedule Online
Acreage Description: 1/2 To Less Than 1 Acre Lot; 2 To Less Than 3 Acre Lot
Listing Office: RE/MAX Crown Realty
Last Updated: May - 19 - 2026
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