8965 US Highway 1 Sebastian, FL ^$ 2,999,000

8965 US Highway 1

^$ 2,999,000

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8965 US Highway 1

Sebastian, FL, 32958

^$ 2,999,000

Studio Baths0.0

Monthly Estimate*

^$ 18,710

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Studio

Lots and Land for sale in Sebastian, FL

for $2,999,000. The lot size is 20.17.

20 Acres of Prime Highway-Frontage Land, Seize this exceptional opportunity to own prime land with high-visibility frontage on US 1 in the heart of Indian River. Zoned General Commercial, this property offers endless possibilities for development—whether for commercial or mixed-use. Its location on a major north-south corridor ensures maximum exposure, with strong traffic counts & convenient access to local businesses, beaches, & the Indian River. With utilities nearby, this parcel is ideal for investors, end-users seeking a strategic location in one of Florida’s most desirable communities.

Lots and Land Active

Price

^$ 2,999,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 15,077

Style

Lot Size

20.17

Town/City

Sebastian

County/Region

Indian River

MLS | Web ID

290264

Features

General

Sewer Not Connected

HOA Fee 0

View Other

Parcel Number 31392800000300000012.0

Waterfront Features None

County Indian River

Property Type Land

Subdivision Name Indian River Farms

Status Active

Directions US#1 just south of Sebastian

City Sebastian

Association Name Owner

MLS Area Sebastian County

Lot Size Units Acres

Standard Status Active

Legal Description BEING A PARC LYING IN PARTS OF NE 1/4 OFSW 1/4; THE SE 1/4 OF NW 1/4; & ALSO THE SW 1/4 OF NW 1/4 OF SEC 28-31-39; THE BDRY OF SAID PARC BEING MORE PART DESC ASFOLL: FR CNT OF SEC 28-31-39 RUN N 89 DE G 47 MIN 14 SEC W ALONG 1/4 SEC LINE 311.41 FT TO A CO

Tax Year 2024

Community Features Other Storm Drain(s)

Zoning Description Commercial

Tax Annual Amount 15077

Tax Assessed Value 1016601

Tax Lot 1

Utilities Cable Available Electricity Available

Current Use Commercial

Possible Use Commercial

Lot Size Square Feet 87605

Exterior

Water Source Not Connected Public

Waterfront Y/N false

Lot Features Acreage Split Possible

Road Surface Type Paved

Lot Size Area 20.17

Lot Size Acres 20.17

Number of Lots 0

Lot Dimensions 20.17

* Excluded Features

List By

Alex Macwilliam, Inc.

Broker

772-231-6509

Contact

Affordability Calculator

$19,966

Per Month

Monthly Principal & Interest: $18,710
Monthly Property Taxes: $1,256
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Sebastian, FL

Average List Price ^$780,167

Percent of Sale Price 74%

About Sebastian, FL

24,404 Population

48% Since 2002

^$47,434 Median Income

51.51 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

0 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/6/2025	$2,999,000		Listed Price

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8965 US Highway 1, Sebastian, FL, 32958 is a Lots and Land for sale at $2,999,000 with a lot size of 20.17. 8965 US Highway 1 is a studio with 0.0 baths. The property's zip code is 32958 which is in Sebastian, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 12/24/2025.

The data relating to real estate on this web site comes in part from a cooperative program of the Realtors Association of Indian River County, Inc. MLS. Detailed information on Real estate listings held by firms other than Weichert Realtors includes the Listing Broker’s Firm Name.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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8965 US Highway 1

Lots and Land for sale in Sebastian, FL

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