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400 Sebastian Blvd - ±41.1 Acre Infill Redevelopment Site 54,136 SF Specialty Building Offered For Sale in Sebastian, FL 32958
Investment Highlights
- Spans ±41.1 acres with existing ±54,136-SF school building suitable for interim use or conversion
- Established infrastructure and multiple access points provide development flexibility
- Situated within a growth market featuring strong regional connectivity and coastal proximity
- Located along Sebastian Blvd with direct links to U.S. Highway 1 and Interstate 95
- Surrounded by residential neighborhoods and supported by civic and retail amenities
Executive Summary
Positioned in the heart of Sebastian within Indian River County, 400 Sebastian Blvd is a rare large-scale institutional asset offered from the School Board portfolio. The property spans approximately 41.1 acres and includes an existing ±54,136 SF educational facility, offering immediate functionality with strong long-term repositioning or redevelopment potential.
Currently improved as Sebastian Elementary School, the site features established infrastructure, access points, and a functional campus layout adaptable to a range of future uses. Located along Sebastian Boulevard, a key east-west corridor linking U.S. Highway 1 and Interstate 95, the property benefits from strong accessibility and visibility, with surrounding residential, civic, and neighborhood retail supporting consistent demand and long-term growth.
Currently improved as Sebastian Elementary School, the site features established infrastructure, access points, and a functional campus layout adaptable to a range of future uses. Located along Sebastian Boulevard, a key east-west corridor linking U.S. Highway 1 and Interstate 95, the property benefits from strong accessibility and visibility, with surrounding residential, civic, and neighborhood retail supporting consistent demand and long-term growth.
Property Facts
| Sale Type | Investment | Lot Size | 41.10 AC |
| Sale Condition | Redevelopment Project | Building Size | 54,136 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | School | Year Built | 1987 |
| Building Class | C | ||
| Zoning | PS | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 41.10 AC |
| Building Size | 54,136 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Zoning | PS |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 31-39-07-00000-3000-00001.1 | Improvements Assessment | $3,044,176 |
| Land Assessment | $1,222,725 | Total Assessment | $4,266,901 |
Property Taxes
Parcel Number
31-39-07-00000-3000-00001.1
Land Assessment
$1,222,725
Improvements Assessment
$3,044,176
Total Assessment
$4,266,901
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400 Sebastian Blvd - ±41.1 Acre Infill Redevelopment Site
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