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691-693 Sebastian Blvd 0.45 Acres of Commercial Land Offered at $475,000 in Sebastian, FL 32958
Investment Highlights
- Approximately 120 feet of frontage along Sebastian Boulevard.
- CR 512 provides direct connectivity to I-95 and US-1.
- Visibility along a corridor with significant daily traffic counts.
- Located between Sebastian Crossings and the US-1 corridor.
- Established residential neighborhoods surround the property.
Executive Summary
Positioned between the Publix-anchored Sebastian Crossings shopping center to the west and the US-1 / Riverfront corridor to the east
C-512 zoning permits retail, office, medical, and restaurant uses
Surrounded by the Sebastian Highlands residential community
19,300 vehicles per day (AADT) pass the site on CR 512 (FDOT)
CR 512 is the direct connector between I-95 (Exit 156, 53,500–59,400 AADT) and US-1 (24,500–30,500 AADT)
Property Facts
| Price | $475,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.45 AC |
| Property Type | Land | ||
| Zoning | C-512 - Commercial zoning permits retail, office, medical, and restaurant uses. | ||
| Price | $475,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.45 AC |
| Zoning | C-512 - Commercial zoning permits retail, office, medical, and restaurant uses. |
1 Lot Available
Lot
| Price | $475,000 | Lot Size | 0.45 AC |
| Price Per AC | $1,060,978.33 |
| Price | $475,000 |
| Price Per AC | $1,060,978.33 |
| Lot Size | 0.45 AC |
Commercial land with approximately 120 feet of frontage on Sebastian Blvd (CR 512). C-512 zoning supports retail, office, medical, and restaurant uses. Positioned between Publix-anchored retail and the US-1 corridor with direct access to major region
Description
691-693 Sebastian Blvd presents an opportunity to acquire a commercially zoned development site along one of Sebastian's primary east-west corridors. The property consists of approximately 0.44 to 0.45 acres across three platted lots with approximately 120 feet of frontage on Sebastian Boulevard (CR 512), a key connector between Interstate 95 and U.S. Highway 1. The location benefits from visibility along a corridor carrying approximately 19,300 vehicles per day and provides convenient regional access for future commercial users. The site's C-512 zoning supports a variety of commercial uses, including retail, office, medical, and restaurant concepts. Positioned between the Publix-anchored Sebastian Crossings shopping center and the U.S. 1 riverfront corridor, the property is surrounded by established residential neighborhoods and existing commercial activity that can support future development. Its frontage, accessibility, and flexible zoning create potential for owner-users, developers, and investors seeking a location within a growing commercial corridor. Sebastian serves as a gateway community within Indian River County and benefits from access to regional transportation routes connecting the Treasure Coast and Central Florida markets. The property's location along CR 512 places it within a corridor that links residential population centers, retail destinations, and employment nodes while maintaining convenient access to Interstate 95 and U.S. 1.
Property Taxes
| Parcel Number | 31-38-12-00004-5090-00012.0 | Improvements Assessment | $0 |
| Land Assessment | $89,602 | Total Assessment | $89,602 |
Property Taxes
