$120,000
Sebastian, FL 32958
MLS# 823391
Status: Closed
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Property Description
.82-acre vacant land in Sebastian ideal for office, medical, or retail. Commercial zoning already in place. High visibility corner with +/- 250 lineal feet of frontage on the main east-west roadway through Sebastian (CR 512) with +14,000 AADT. Intersection shared with national retailers Sherwin-Williams and O'Reilly Auto Parts. Site is just ½ mile from busy US-1 corridor. The triangle shape of the site provides more street frontage than a typical rectangular site, and there are multiple possible site configurations. Preliminary plans drawn for a 4,000 SF office/medical building and 21 parking spaces. Water, sewer and storm utilities are in place. No onsite storm water retention required so the entire .82-acre site can be developed. Prime commercial corner ready for development.
Details
Maps
Location, Tax, and Legal
Tax Account: 31-39-06-00025-0000-
General County Location: North
Tax Annual Amount: 1778
Tax Year: 2017
Tax Legal Description: ASHBURY S/D PBI 20-1 TRACT X (COMMERCIAL)
Directions: From Hwy US-1 in Sebastian, turn right (east) onto CR 512 (Sebastian Blvd). Property will be on your right at the corner of CR 512 and Ashbury Blvd
General Property Information
Road Frontage Feet: 250
Number Of Lots: 1
Lot Size Acres: 0.82
Lot Dimensions Source: Other
Lot Size Square Feet: 35719
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
List Price/Acre: 164634.15
Sold Price/Acre: 146341.46
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: .82-acre vacant land in Sebastian ideal for office, medical, or retail. Commercial zoning already in place. High visibility corner with +/- 250 lineal feet of frontage on the main east-west roadway through Sebastian (CR 512) with +14,000 AADT. Intersection shared with national retailers Sherwin-Williams and O'Reilly Auto Parts. Site is just ½ mile from busy US-1 corridor. The triangle shape of the site provides more street frontage than a typical rectangular site, and there are multiple possible site configurations. Preliminary plans drawn for a 4,000 SF office/medical building and 21 parking spaces. Water, sewer and storm utilities are in place. No onsite storm water retention required so the entire .82-acre site can be developed. Prime commercial corner ready for development.
Current Use
Commercial: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Road Surface Type
Paved: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Available: 1
Water Available: 1
Historical Information
Public Historical Remarks 3: Frontage Description: Business District,City Road, Legal/Misc-Deed Restrictions: No, Number of Lots: 1.00
Contract Information
Current Price: $120,000
Original List Price: 240000
Sold Price: $120,000
Status: Closed
Listing Contract Date: 2018-08-31
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Name: Ashbury
Street Suffix: Boulevard
County: Indian River
State: FL
Postal Code: 32958
MLS Area Major: 904 - Indian River
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2023-11-11T04:27:06Z
Major Change Type: Price Reduced
Price Change Timestamp: 2018-10-29T22:06:36Z
Status Change Timestamp: 2019-03-22
Purchase Contract Date: 2019-02-27
Close Date: 2019-03-20
Close Price: 120000
Property Features
Current Use: Commercial
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Road Surface Type: Paved
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Sewer Available; Water Available
Listing Office: Coldwell Banker Paradise
Last Updated: June - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.