87th Street, Sebastian, FL 32958

$595,000

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List Price
$595,000
MLS#
1085657
Status
ACTIVE
Type
Land
County
Indian River
City
Sebastian
Area
Indian River
Total Square Feet
669,953
Acres
15.38
Days on Market
7

Property Description

This lovely acreage would make a wonderful estate for someone looking to build a beautiful home and have additional acreage that could be sold or developed., The 510 Wabasso Causeway offers boat ramps, picnic areas, restrooms and is walkable from the property. There is also an additional parcel of land which is approximately 8.56 acres parcel #31-39-28-00000-0040-00002/0 under the name of Caledonia Groves For $370,000. MLS # 1085752. Approx. 23.94 acres. in total of which about 14+ acres are buildable The zoning and Land Use is designated L-2, being medium density residential up to 6 units per acre. The two sites could possibly be developed with a maximum of 142 residential units. An environmental assessment by Toland Environmental Consulting dated July 15, 2025 is available for one's review. Utilities to the site include water, sewer, telephone and electricity. Onsite improvements would be development of infrastructure and residential units.

Additional Information

Tax Year
2025
Tax Amount
$557
Location Description
Many Trees, Wetlands, Wooded
Utilities
Electricity Available, Sewer Available, Water Available
Dwelling View
Trees/Woods
Elementary School
Other
Middle School
Other
High School
Other

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Suncoast Realty, Inc..