Unimproved Land in 1654 N CENTRAL Avenue, Sebastian, FL 32958 for sale with MLS# B26069241

RARE RESIDENTIAL + COMMERCIAL OPPORTUNITY IN SEBASTIAN! Bring your vision to 1654 N Central Avenue, a unique vacant-land opportunity located in Sebastian's distinctive riverfront area. Featuring Commercial Waterfront Residential (CWR) zoning and a Riverfront Mixed-Use Future Land Use designation, this property offers exceptional versatility for homeowners, builders, investors, entrepreneurs and developers. The CWR district is designed to accommodate a mixture of residential, commercial and recreational uses. Permitted uses include single-family, duplex and multiple-family residential development up to 8 units per acre, as well as certain retail, restaurant, marina and marine-related uses, subject to applicable development standards. Certain additional uses, including hotel/motel and bed-and-breakfast, may be considered as conditional uses subject to City approval. Located within the Riverfront Overlay District, the property is conveniently positioned near US-1, Sebastian's waterfront, marinas, restaurants and the charm of this Old Florida riverfront community. The sellers have completed substantial due diligence with documentation available for review, including survey and environmental information. Whether your vision is residential, commercial or investment-oriented, this is more than vacant land - it's an opportunity to bring a vision to life in one of Sebastian's unique mixed-use locations. Buyer and Buyer's Agent are responsible for conducting their own due diligence and independently verifying all information material to Buyer's intended use, including but not limited to zoning, permitted and conditional uses, density, development requirements, setbacks, utilities, environmental conditions, impact fees and all required governmental approvals. Bring your vision and explore the possibilities!

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1654 N CENTRAL Avenue, Sebastian, FL 32958

Price
Price:
$499,999.00
Original List Price:
$499,999.00
List Price per Sq Ft (Calculated, Approx.):
$11.57
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:
August 27, 2026 8:22 pm
Measures
Lot Area:
43,228 Sqft
Lot Size Dimensions and Info:
173.0 ft x 268.0 ft
Lot Features:
Irregular Lot, Interior Lot, Many Trees
Lot Size Acres:
0.9924
Property Features
Waterfront:
No
Current Use:
Commercial, Vacant
Vegetation and Trees:
Other
Property Entrance Faces:
West
Road Responsibility:
Public Maintained Road
Construction
Road Frontage Type:
City Street, East of US-1
Possible Use:
Investment, Commercial, Retail, Residential, Single Family, Development, Mixed Use, See Remarks, Vacant
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$3,058.31
Tax Year:
2025
Tax Assessed Value:
$171,366.00
Property Tax Details:
City/County, No Homestead, Land Only
Utilities
Sewer:
Public Sewer
Utilities Available:
Sewer Available, Water Available
Water Source:
Public
Community
Subdivision Name:
PLAT OF WAUREGAN
Senior Community:
No
Development Status:
Raw Land
Terms
Documents Available:
Survey, Enviro. Aud-ph1, Other Available Information
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):
303821000019999000130
Zoning:
CWR
Public Schools Assigned
Elementary School:
Benjamin Franklin K-8
High School:
Sebastian River
Middle Or Junior School:
Sebastian River
Listing History
Active on the market since:
August 27, 2026
Listing Agreement executed on:
August 26, 2026
Listing Status Last Changed On:
August 27, 2026 8:22 pm
Photos updated on:
August 27, 2026 8:22 pm
Last Modified:
August 27, 2026 9:23 pm
Additional Information
Courtesy of:
CGI Realty
Attribution:
Not provided
Road Surface Type:
Asphalt
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

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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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Association of REALTORS®
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