1531 Us Highway 1 Highway, Sebastian, FL 32958

$1,100,000
Property Type: Land & Docks Lot Size (sq. ft.): 25,191 Status: Active
Current Price: $1,100,000 List Date: 3/13/2024 Last Modified: 10/10/2026

Overview

Description

Build your own business in the middle of Sebastian with over 400' of US HWY #1 frontage and nearly 2.5 acres. Conceptual drawings for an 8400 sq. ft. two story bank/office building and a 4,500 sq. ft. restaurant give you a great opportunity to see how this property could be developed. Owner will consider selling lots individually or purchase all four. Call for additional information.

Listing Details MLS# R10894217

General Property Information

Property Sub Type
Unimproved Land
Number Of Lots
4
Lot Size Acres
2.34
Lot Size Square Feet
25191
Lot Size Dimensions
105.0 ft x 303.0 ft
Lot Depth
300
Lot Frontage
416
Direction Faces
East
LP/SqFt
43.67

Property Features

Current Use: Commercial Development Status: Recorded Plat Documents Available: None Location of Property: City Location; Other Possession: Close Of Escrow Possible Use: Commercial Trees: Partial Tree Coverage Utilities: Electricity Available; Sewer Available; Water Available; None Vegetation: Other Listing Terms: Cash; Conventional Road Frontage Type: Highway; Public Road Road Surface Type: Paved Water Source: Public Showing Requirements: Schedule Online Acreage Description: 1/2 To Less Than 1 Acre Lot; 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1530000
LP/Acre
470085.47
LP/Frontage
2644.23

Location and Legal

Country
United States
County Or Parish
Indian River
County Parish Name
Indian River
Street Number
1531
Street Name
Us Highway 1
Street Suffix
Highway
City Name
Sebastian
State Or Province
FL
Postal Code
32958
Postal Zip
32958
Subdivision Name
T.B. HICKS SUBDIVISION
Area
5940 - Other Florida County
Parcel Number
313906000020000000070
Zoning
CR
Directions
US 1 north of Main St. on west side.

Financial Information

Tax Year
2022
Tax Annual Amount
2898.06
Tax Legal Description
HICKS T B SUB PBS 3-22 LOT 7, LESS HWY R/W AS R BK 10PP 188 & LOTS 8 & 9

Status Change Information

Major Change Timestamp
2026-02-06T15:59:10Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-02-06T15:59:10Z
Status Change Date
2024-03-13

More Information

Short Sale Details

Short Sale Addendum
No

Originating Details

Originating System Key
20230602135437543961000000
Originating System ID
M00000170
IDX
Listing Office: RE/MAX Crown Realty
Source MLS Verified
Last Updated: October - 10 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

EQUAL HOUSING OPPORTUNITY. Exodus Realty, LLC is committed to fair housing. We do not discriminate on the basis of race, color, religion, sex, disability, familial status or national origin, or on the basis of age, marital status, sexual orientation or gender identity, which are also protected in Palm Beach County. We support equal housing opportunity for everyone.