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14505 US Highway 1 - Waterfront Property w/ Billboard Income

0.69 Acres of Commercial Land Offered at $599,000 in Sebastian, FL 32958

Investment Highlights

  • Waterfront
  • Great Locaiton
  • Highly Trafficed

Executive Summary

Perfect for home builder or developer. The property has a billboard and receives monthly income to offset carry cost.

Property Facts

Price $599,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Single Family Development
Total Lot Size 0.69 AC

1 Lot Available

Lot

Price $599,000
Price Per AC $868,116
Lot Size 0.69 AC

This residential and commercially zoned land is located just south of the bridge on the Saint Sebastian River in Sebastian, FL. The land features submerged lands that can accommodate a boat dock.

Description

The property features flexible commercial and residential zoning. The property can accommodate multiple townhome units and a boat dock. Please call Danny at 561-575-9455 for more information regarding the site. There is an existing water main and sanitary sewer on Erling Road. The OCR, office, commercial, residential district, is intended to provide areas for the development of restricted office, commercial, and residential activities in a manner which will be compatible with surrounding neighborhoods.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-38-25-00001-0010-00001.0
Land Assessment
$222,156
Improvements Assessment
$3,749
Total Assessment
$225,905

zoning

Zoning Code OCR (OCR, office, commercial, residential district)
OCR (OCR, office, commercial, residential district)
  • Listing ID: 21331395

  • Date on Market: 10/26/2020

  • Last Updated:

  • Address: 14505 US Highway 1, Sebastian, FL 32958

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