Unimproved Land in 1654 N Central Avenue, Sebastian, FL 32958 for sale with MLS# B26015404

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.

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1654 N Central Avenue, Sebastian, FL 32958

Price
Price:
$700,000.00
Original List Price:
$700,000.00
List Price per Sq Ft (Calculated, Approx.):
$16.23
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
April 14, 2026 9:32 pm
Measures
Lot Area:
43,124 Sqft
Lot Size Dimensions and Info:
173.0 ft x 270.0 ft
Lot Size Acres:
0.99
Property Features
View from the Property:
Other, River, Lagoon
Waterfront:
No
Current Use:
Commercial, Vacant
Vegetation and Trees:
Other
Property Entrance Faces:
West
Construction
Road Frontage Type:
Other, East of US-1
Possible Use:
Commercial
Taxes and Expenses
Tax Annual Amount:
$2,935.98
Tax Year:
2025
Tax Assessed Value:
$155,787.00
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
None, Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Subdivision Name:
PLAT OF WAUREGAN
Senior Community:
No
Development Status:
Raw Land
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
0232330550490
Zoning:
CWR
Public Schools Assigned
Elementary School:
Sebastian
High School:
Sebastian River
Middle Or Junior School:
Sebastian River
Listing History
Active on the market since:
April 14, 2026
Listing Agreement executed on:
April 14, 2026
Listing Status Last Changed On:
April 14, 2026 9:32 pm
Photos updated on:
April 14, 2026 9:32 pm
Last Modified:
April 14, 2026 10:15 pm
Additional Information
Courtesy of:
Houwzer LLC
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Central
Street Number:
1654
City:
Sebastian
State:
Florida
Zip Code:
32958
County:
Indian River
Latitude:
N27° 49' 32.2''
Longitude:
W81° 31' 33.2''
Street Suffix:
Avenue
Street Direction Prefix:
N
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $68,276
Median Home Value $279,100
Median Rent $1,388/mo
Median Age 59
Population 29,641

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