ActiveUnimproved Land
0 87th Street, Sebastian, FL 32958
Sebastian, FL 32958 · MLS #1085657The residence
About this property
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.
At a glance
Property details
- Property type
- Unimproved Land
- Listing type
- For sale
- Status
- Active
- Lot size
- 669,953 sq. ft.
- Subdivision
- None
- County
- Indian River
- Original list price
- $595,000
- Listing date
- August 21, 2026
- MLS record updated
- August 25, 2026
- Annual property tax
- $557 (2025)
- Listing agent
- Kathleen E Parsons
- Listing office
- Suncoast Realty, Inc.
- MLS number
- 1085657
Neighborhood & location
Explore None
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- Elementary school
- Other
- Middle school
- Other
- High school
- Other
Plan your purchase
Mortgage calculator
- Principal & interest
- $3,009
- Property taxes
- $46
- Homeowners insurance
- $298
- Estimated total
- $3,353
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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Listing courtesy of Suncoast Realty, Inc., 321-674-9390.
Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.