$1,697,000 Price Analysis   ♡   Sebastian, FL 32958 3 bed 4 bath 2,844 SqFt ($596/SqFt) 1.34 acre lot. Built 1999 Listed 2024-05-30, Taxes $5,663 | Ⓧ USDA Ineligible due to property near Sebastian |
DEVELOPER and INVESTOR ALERT!
Motivated Seller - Make an Offer. A true rare-find of 8 Lots on 1.34 Acres of prime real estate across the street from the picturesque Sebastian Riverfront. Electric, water, sewer and cable already setup for all 8 lots. Embrace the opportunity to craft your ideal retreat with breathtaking waterfront vistas or explore the potential for development with up to 8 single family residences, tiny homes, etc. Or capitalize on the current mobile home park/RV lodge setup, offering limitless income generation. As you journey along the private, palm-lined paved road, you'll be immersed in lush landscaping and greeted by a vibrant community of osprey, white pelicans and other tropical birds. This versatile property, zoned for both residential and commercial use (RM-6), currently features 8 full-time or part-time rentable lots complete with essential utilities such as electricity, water, sewer and cable connections. The height restriction for each unit built on the property is 28 feet high. Each lot is 48 feet wide. Up to 8 units can be on the property - RVs, Mobile Homes, Single Family Homes, Duplexes (4), etc. Perfect for a 8 Tiny Homes too!
Just no multi-family buildings. Unlock the highly-profitable income potential through further property development, including the option for subdivision. Situated in the heart of the Treasure Coast, mere steps from the Indian River, indulge in the daily spectacle of dolphins dancing at sunrise. Just a mile south lies the renowned Capt Hirams Resort, offerng delectable dining, live entertainment and an array of leisure activities. Go a little further and stop by the world famous Earl's Hideaway Lounge. Venture less than two miles to Sebastian's Riverview Park, a vibrant hub for major events and concerts. Here, you'll also find an array of amenities including a Splash Pad, Veterans War Memorial, sand volleyball courts and scenic walkways tracing the Riverfront District. Join the ranks of ever-growing annual tourists drawn to this captivating locale by its proximity to Sebastian Inlet, one of Florida's 60 coastal inlets. Bordering the inlet on both sides, Sebastian Inlet State Park attracts between 750, 000 to one million visitors annually, underscoring the region's irresistible allure. Seize the opportunity to own this rare gem boasting 1.34 acres of enchanting Indian River views. Embrace the undeniable appeal of the Treasure Coast and embark on your next chapter surrounded by natural splendor and limitless potential. Please Do Not Disturb Owner and Residents
Presented by Christie Di Lemme at
Florida Homes Realty & Mortgage.
Property MLS #T3530426 from StellarMLS
Primary Bedroom Dimensions: 12 x 11
Primary Bedroom Level: First
Living Room Dimensions: 18 x 12
Living Room Level: First
Full Bathrooms: 4
Furnished Description: Unfurnished
Flooring: Carpet
Kitchen Level: First
Lot Size Square Feet: 58370
Calculated Total Monthly Association Fees: 0
Pets Allowed: Cats OK, Dogs OK
Source Listing Status: Active
County: Indian River
Directions: From downtown Sebastian Main Street, go North (left) on Indian River Drive for approximately 1.5 miles, property will be on left
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Area: 32958 - Sebastian
Source Neighborhood: RIVERVIEW SUB
Parcel Number: 30-38-25-00007-0000-00005.0
Subdivision: RIVERVIEW SUB
Township: 30
Zoning: RM-6
Property Subtype: Manufactured Home - Post 1977
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $388,671 | $5,663 |
| 2021 | $unknown + $unknown $315,769 | $4,718 |
| 2020 | $unknown + $unknown $311,409 | $4,666 |
| 2019 | $unknown + $unknown $304,407 | $4,418 |
| 2018 | $unknown + $unknown $298,732 | $4,496 |
| 2017 | $unknown + $unknown $292,588 | $4,660 |
| 2016 | $unknown + $unknown $286,570 | $4,580 |
| 2015 | $unknown + $unknown $284,580 | $4,726 |
| 2014 | $unknown + $unknown $282,330 | $4,505 |
| 2013 | $unknown + $unknown $278,160 | $4,218 |
| 2012 | $unknown + $unknown $279,200 | $4,340 |
| 2011 | $unknown + $unknown $324,610 | $5,073 |
| 2010 | $unknown + $unknown $355,990 | $5,533 |
| 2009 | $unknown + $unknown $367,230 | $5,483 |
| 2008 | $unknown + $unknown $366,870 | $5,229 |
| 2007 | $unknown + $unknown $372,930 | $6,020 |
$1,697,000
StellarMLS
Listing removed 2021-06-13
$920,000
IndianRiverCounty
Listed 2020-09-25
$920,000
IndianRiverCounty
Sold 2011-01-19
$400,000
Public Record
Sold 2005-03-23
$150,000
Public Record
Year Built: 1999
Building Area Source: Public Records
Building Area Total: 2844
Construction Materials: Vinyl Siding
Direction Faces: East
Foundation Details: Slab
Levels: One
Property Age: 25
Structure Type: In M/H Community
Cable Available
Electricity Available
Sewer Available
Water Available
Water Source: Well
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.