$899,000
UNDER CONTRACT $299K PRICE INCREASE

Estimated payment $5,917/month

Total Views 6,343
2.05 Acres
$438,537 Price per Acre
89,298 Sq Ft Lot

Highlights

  • Lake Front
  • Home fronts a pond
  • Views

About This Lot

Discover the potential of this 2+/- acre commercial subdivision with 2 individual platted lots(.75 & .74 acres) located in bustling Sebastian. Situated directly on CR 512, it boasts high traffic counts, ensuring superb visibility & exposure. The area's commercial appeal is evident making this lot an attractive investment opportunity. Consider options like a drive-through establishment, strip plaza, cozy coffee shop, or medical facility. Proximity intersection offers the convenience of a driveway connection, enhancing accessibility for customers. Both lots are sold together as a package

Listing Agent

Thomas 'TP' Kennedy

Alex MacWilliam, Inc. Brokerage Phone: 772-231-6509 License #3377487

Property Details

Property Type

  • Land

Lot Details

  • 2.05 Acre Lot
  • Home fronts a pond
  • Lake Front
  • 2 Lots in the community
  • Property is zoned , CG, Commercial

Home Design

  • 89,000 Sq Ft Home

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • Owner/Self Managed Association
  • Sebastian Highlands Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 2
  • Assessor Parcel Number 31381400016000000002.0

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.05
  • Lot Size: 2.05
  • Road Surface Type: Paved
  • Subdivision Name: Sebastian Highlands
  • Directions: From US1- West on CR 512- NEXT TO NORTH COUNTY LIBRARY.
  • Attribution Contact: 772-231-6509
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial
  • Living Area: 89000.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • View: Other
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes

Utilities

  • Sewer: Not Connected
  • Utilities: Cable Available, Electricity Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Curbs, Other, Storm Drain(s), Sidewalks
  • Association Name: OWNER/SELF MANAGED

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 89298.0
  • Number Of Lots: 2
  • Parcel #: 31381400016000000002.0
  • Zoning Description: Commercial
  • Zoning: , CG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 2
  • Tax Lot: 2

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Price Changed $899,000 -10.0% $10 / Sq Ft
04/08/2024 04/08/24 Price Changed $999,000 +66.5% $11 / Sq Ft
08/11/2023 08/11/23 For Sale $600,000 -- $7 / Sq Ft
Source: REALTORS® Association of Indian River County

Source: REALTORS® Association of Indian River County

MLS Number: 270618