$700,000
Sebastian, FL 32958
MLS# B26015404
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Property Description
Rare opportunity! One of the few remaining undeveloped parcels to have business and residential mixed. Parcel is zoned for multi unit, retail, commercial, and residential. Build your dream home AND business on this lot, or develop into multifamily residential, or multi-unit commercial - very hard to find this type of zoning as a blank slate. Conveniently located between US 1 and Indian River Drive. Close proximity to shops, restaurants and hotels in the heart of historic waterfront Sebastian. LOT SIZE: .99 Acres with 173 ft. frontage on N. Central Ave. and 270 ft. of depth. ZONED: CWR - Commercial Waterfront Residential District. City water and sewer. Environmental, Phase 1, NO wetlands all complete and cleared to build.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Owner Phone: 561-310-9547
Negotiable Seller Concessions YN: No
LP/Acre: 707070.71
LP/Frontage: 4046.24
Listing Date: 2026-04-14
Status: Active
Original List Price: 700000
List Price: $700,000
Current Price: $700,000
Listing Service: Limited Service
Location and Legal
County Or Parish: Indian River
County Parish Name: Indian River
City Name: Sebastian
Municipality Type: Incorporated
Postal Zip: 32958
Geographic Area: INRV - Indian River
Subdivision Number: 10000
Flood Zone: X
County Land Use: 10
Country: United States
Street Number: 1654
Street Direction Prefix: N
Street Name: Central
Street Suffix: Avenue
State Or Province: FL
Postal Code: 32958
Subdivision Name: PLAT OF WAUREGAN
Area: 6351 - Sebastian (IR)
Elementary School: Sebastian
Middle Or Junior School: Sebastian River
High School: Sebastian River
Parcel Number: 0232330550490
Zoning: CWR
Directions: from Sebastian Inlet bridge turn-off. Turn Left onto Jackson Street (just past the Captain Hiram's Resort area). Turn Right onto North Central Avenue. The destination will be on your Left.
General Property Information
Transaction Type: Listing For Sale
Lot Size Dimensions: 173.0 ft x 270.0 ft
Lot Depth: 270
Property Description: VACANT COMMERCIAL
Gated Community YN: No
Lot Frontage: 173
LP/Assessed Value: 4.49
LP/SqFt: 16.23
Property Sub Type: Unimproved Land
Lot Size Acres: 0.99
Lot Size Square Feet: 43124
Direction Faces: West
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Assessed/SOH Value: 155787
Assessor Market Value: 155787
Tax Year: 2025
Tax Annual Amount: 2935.98
Tax Legal Description: PLAT OF WAUREGAN ON FLEMING GRANT PBB 1 - 75 BEG AT A POINT WHICH IS N83-2W FOR A DIS OF 102.2 FT FROM A NAIL IN THE ROOT OF A PINE TREE ON
Office/Member Information
DXORIGMLSID: RML
Application Fee Details
Application Fee Required: No
Special Listing Conditions
Standard: 1
Documents Available
None: 1
Comprehensive Plan Use
Other: 1
Current Use
Commercial: 1
Vacant: 1
Development Status
Raw Land: 1
Environmental Audit
Phase 1: 1
Location of Property
Other: 1
Possession
Close Of Escrow: 1
Possible Use
Commercial: 1
Sewer
Public Sewer: 1
Trees
Other: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
None: 1
Vegetation
Other: 1
View
Other: 1
Water View
Lagoon: 1
River: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
East of US-1: 1
Other: 1
Road Surface Type
Paved: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Sign On Property: 1
Tax Information
City/County: 1
Elevation Description
0-5 Feet Above Sea Level: 1
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-04-14T21:32:27Z
Major Change Type: New Listing
Status Change Date: 2026-04-14
Originating Details
Originating System Key: 20260330212538856651000000
Originating System ID: M00000170
Property Features
Comprehensive Plan Use: Other
Current Use: Commercial; Vacant
Development Status: Raw Land
Documents Available: None
Environmental Audit: Phase 1
Location of Property: Other
Possession: Close Of Escrow
Possible Use: Commercial
Sewer: Public Sewer
Special Listing Conditions: Standard
Trees: Other
Utilities: Cable Available; Sewer Available; Water Available; None
Vegetation: Other
View: Other
Listing Terms: Cash; Conventional
Road Frontage Type: East of US-1; Other
Road Surface Type: Paved
Tax Information: City/County
Water Source: Public
Water View: Lagoon; River
Showing Requirements: Call Listing Agent; Sign On Property
Elevation Description: 0-5 Feet Above Sea Level
Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot
Flood Disclosure 
Listing Office: Houwzer LLC
Last Updated: June - 23 - 2026
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