$4,000,000
Sebastian, FL 32958
MLS# R10972851
Status: Closed

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Property Description
Rarely available ready to be subdivided. Severals conceptual plans done from 107 units to over 400 units. Property is situated in the proposed comprehensive land use change area and zoning can possible be single family, multi family and mixed use. Property consists of 8 parcels
Details
Maps
Contract Information
Comp Sale YN: No
LP/Acre: 50884.33
Listing Date: 2024-03-28
Status: Closed
Original List Price: 7250000
Sold Price: $4,000,000
Current Price: $4,000,000
Location and Legal
County Or Parish: Indian River
County Parish Name: Indian River
City Name: Sebastian
Postal Zip: 32958
Country: United States
Street Name: 99th
Street Suffix: Street
State Or Province: FL
Postal Code: 32958
Subdivision Name: Other
Area: 5940 - Other Florida County
Parcel Number: 31391700000500000002016
Zoning: IN
Directions: Call for directions.
General Property Information
Number Of Lots: 400
LP/SqFt: 6.37
Property Sub Type: Unimproved Land
Lot Size Acres: 142.48
Lot Size Square Feet: 1138223
Waterfront YN: 1
Direction Faces: East
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
SP/Acre: 28074.12
Major Change Timestamp: 2026-11-05T17:38:40Z
Major Change Type: Status Change
Status Change Date: 2026-11-05
Under Contract Date: 2024-03-28
Close Date: 2026-11-04
Close Price: 4000000
Short Sale Details
Short Sale Addendum: No
Documents Available
None: 1
Current Use
Multi-Family: 1
Single Family: 1
Other: 1
Development Status
Recorded Plat: 1
Location of Property
Other: 1
Possession
Close Of Escrow: 1
Possible Use
Single Family: 1
Trees
Other: 1
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
None: 1
Vegetation
Other: 1
Water View
Lake: 1
Pond: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
Other: 1
Water Source
Public: 1
Waterfront Features
Lake Front: 1
Pond: 1
Showing Requirements
Call Listing Agent: 1
Contingencies
None: 1
Acreage Description
10 Or More Acre Lot: 1
Financial Information
Tax Year: 2019
Tax Annual Amount: 14270
Tax Legal Description: Long Legal
Originating Details
Originating System Key: 20240328201313741174000000
Originating System ID: M00000170
Property Features
Current Use: Multi-Family; Single Family; Other
Development Status: Recorded Plat
Documents Available: None
Location of Property: Other
Possession: Close Of Escrow
Possible Use: Single Family
Trees: Other
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available; None
Vegetation: Other
Listing Terms: Cash; Conventional
Road Frontage Type: Other
Water Source: Public
Water View: Lake; Pond
Waterfront Features: Lake Front; Pond
Showing Requirements: Call Listing Agent
Contingencies: None
Acreage Description: 10 Or More Acre Lot
Listing Office: RE/MAX Crown Realty

Last Updated: November - 05 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

