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87th Street

Sebastian, FL 32958
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Bed --

Bed

Bath 0

Bath

Acres15.38

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $595,000

AD Id : 89848107

MLS Id : 1085657

Lot Size : 15.38 Acres

Year Built : --

County : Indian River

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Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Heating & Cooling

    WaterSource: Public

  • Road Types

    Dirt, Paved
    Unimproved

  • Lot Information

    Lot Description: Many Trees, Wetlands, Wooded Lot Size Area: 15.38 Acres Lot Square Feet: 669,953

    Property Information

    Property Type: Land Sub Type: Unimproved Land Subdivision: None MLS Area Minor: 904 - Indian River Source Neighborhood: None

  • Listing Price Information

    Listing Id: 1085657 ist Price: $595,000 Listing Terms Owner May Carry, Private Financing Available
  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 31392700003002000001.0 Annual Tax: $557 Tax Year: 2025 Taxes: ''''''NARANJA TRACT NARANJA TRACT TRACT 2 OF GOV LOT 3, N OF WABASSO BRIDGE RD, LESS N 20 FT A/K/A PARCEL NO 1, EXHIBIT A AS DESC IN OR BK391 PP 477''''''

  • School Information

    Elementary School: Other
    Elementary School District:
    Junior High School: Other
    Senior High School: Other
  • Utility Information

    Electricity Available, Sewer Available, Water Available
  • Location Information

    Direction: From US 1 either north or south head east on 510, take left onto 87th, sign on property
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Nearby Home Value

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8970 N Us Highway 1, Sebastian, FL, 32958 $600,000 -- -- -- 0.86 Acre(Lot)
8780 44th Avenue, Sebastian, FL, 32958 $840,000 -- -- -- 1.80 Acres(Lot)
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River Run Drive, Sebastian, FL, 32958 $40,000 -- -- -- Acres (Lot)--
0000 Sebastian Boulevard, Sebastian, FL, 32958 $324,900 -- -- 52,708 1.21 Acres(Lot)
286 Main Street, Sebastian, FL, 32958 $95,000 -- -- -- 0.23 Acre(Lot)
294 Main Street, Sebastian, FL, 32958 $95,000 -- -- -- 0.23 Acre(Lot)

ByOwner last updated this listing 08/24/2026 @ 21:00

MLS: 1085657 LISTED BY: Kathleen Parsons, Suncoast Realty, Inc. 321-674-9390 SOURCE: Space Coast MLS (Space Coast Association of REALTORS®)

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