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1654 N CENTRAL Avenue, Sebastian FL 32958

Commercial For Sale
$499,999

BTC: 6.46829237

ETH: 204.16455696

4 days
0 room(s)

Overview

RARE RESIDENTIAL + COMMERCIAL OPPORTUNITY IN SEBASTIAN! Bring your vision to 1654 N Central Avenue, a unique vacant-land opportunity located in Sebastian's distinctive riverfront area. Featuring Commercial Waterfront Residential (CWR) zoning and a Riverfront Mixed-Use Future Land Use designation, this property offers exceptional versatility for homeowners, builders, investors, entrepreneurs and developers. The CWR district is designed to accommodate a mixture of residential, commercial and recreational uses. Permitted uses include single-family, duplex and multiple-family residential development up to 8 units per acre, as well as certain retail, restaurant, marina and marine-related uses, subject to applicable development standards. Certain additional uses, including hotel/motel and bed-and-breakfast, may be considered as conditional uses subject to City approval. Located within the Riverfront Overlay District, the property is conveniently positioned near US-1, Sebastian's waterfront, marinas, restaurants and the charm of this Old Florida riverfront community. The sellers have completed substantial due diligence with documentation available for review, including survey and environmental information. Whether your vision is residential, commercial or investment-oriented, this is more than vacant land — it's an opportunity to bring a vision to life in one of Sebastian's unique mixed-use locations. Buyer and Buyer's Agent are responsible for conducting their own due diligence and independently verifying all information material to Buyer's intended use, including but not limited to zoning, permitted and conditional uses, density, development requirements, setbacks, utilities, environmental conditions, impact fees and all required governmental approvals. Bring your vision and explore the possibilities!

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.99 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$108,800
$81K – $553K
Confidence Low
List vs. estimate
$391K above estimate
List $499,999 · +359.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,058
2025
All facts and features
  • Property

    • Exterior Features: East Of Us1

    Lot

    • Lot: 0.99 Acres

    Other Property Information

    • Parcel Number: 303821000019999000130

    • Zoning: CWR

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $3,058

  • Source details

    • MLS ID: B26069241

    Other facts

    • Lot Features: City Location / Inside Lot / Other Location / 1/2 To Less Than 3/4 Acre Lot / East Of US 1 / Interior Lot / Irregular Lot / Less Than 1 Acre / Treed Lot

    • Direction Faces: West

    • Water Source: Public

    • Subdivision Name: PLAT OF WAUREGAN

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CGI Realty