$370,000
Sebastian, FL 32958
MLS# 1085752
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Property Description
This acreage has many beautiful trees and several possible uses. We are attaching some suggestions for development that we hope will give you and idea of what might be done with this property. Also, the adjacent property MLS 1085657 is being offered at $595000.00 and has approximately 15.38 acres. The zoning and Land use is designated L-2 being medium density residential up to 8 units per acre for the two parcels. An Environmental Assessment has been done by Toland Environmental Consulting dated July 15, 2025 is available for one's review. Utilities to the site include water, sewer, telephone and electricity. Onsight improvements would be development. of infrastructure and residential units.There are no known off site improvements required that will negatively impact the site. The location is great. close to the River, shopping and restaurants. Just a five minute drive across the causeway to beautiful beaches.
Details
Maps
Location, Tax, and Legal
Tax Account: 31-39-28-00000-0040-
Parcel Number: 31392800000004000002.0
General County Location: Out of Brevard
Elementary School: Other
Middle School: Other
High School: Other
Tax Annual Amount: 1983.5
Tax Year: 2025
Directions: From US 1 head west on SR510 East to
left on 87th Street sign on property
General Property Information
Lot Size Acres: 8.56
Lot Size Square Feet: 372874
Waterfront YN: No
CDD Fee YN: No
List Price/Acre: 43224.3
Remarks and Miscellaneous
Public Remarks: This acreage has many beautiful trees and several possible uses. We are attaching some suggestions for development that we hope will give you and idea of what might be done with this property. Also, the adjacent property MLS 1085657 is being offered at $595000.00 and has approximately 15.38 acres. The zoning and Land use is designated L-2 being medium density residential up to 8 units per acre for the two parcels. An Environmental Assessment has been done by Toland Environmental Consulting dated July 15, 2025 is available for one's review. Utilities to the site include water, sewer, telephone and electricity. Onsight improvements would be development. of infrastructure and residential units.There are no known off site improvements required that will negatively impact the site. The location is great. close to the River, shopping and restaurants. Just a five minute drive across the causeway to beautiful beaches.
Current Use
Residential: 1
Unimproved: 1
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Lot Features
Many Trees: 1
Wetlands: 1
Possession
Close Of Escrow: 1
Road Frontage Type
Other: 1
Road Surface Type
Dirt: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Owner Licensed RE: 1
Real Estate Owned: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
View
Trees/Woods: 1
Water Source
Public: 1
Development Status
Raw Land: 1
Showing Requirements
Other: 1
Contract Information
Current Price: $370,000
Original List Price: 370000
List Price: $370,000
Status: Active
Listing Contract Date: 2026-08-22
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 4790
Street Direction Prefix: W
Street Name: 87th
Street Suffix: Street
County: Indian River
State: FL
Postal Code: 32958
MLS Area Major: 999 - Out of Area
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-08-22T22:40:16Z
Major Change Type: New Listing
Status Change Timestamp: 2026-08-22
Property Features
Current Use: Residential; Unimproved
Development Status: Raw Land
Listing Terms: Cash; Conventional; Owner May Carry
Lot Features: Many Trees; Wetlands
Possession: Close Of Escrow
Road Frontage Type: Other
Road Surface Type: Dirt
Sewer: Public Sewer
Showing Requirements: Other
Special Listing Conditions: Owner Licensed RE; Real Estate Owned
Utilities: Electricity Available; Sewer Available; Water Available
View: Trees/Woods
Water Source: Public
Listing Office: Suncoast Realty, Inc.
Last Updated: August - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.