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1424 Us Highway 1, Sebastian FL 32958

Commercial Recently Sold
$1,775,000

BTC: 21.17759351

ETH: 669.81132075

Sold on: 2022-12-22
29 days
0 room(s)

Overview

Riverfront Commercial Center in Sebastian offering 9,640 SF on 1.37 acres. 11% CAP Rate potential! Currently split into 3 spaces previously used for medical - zoned commercial. 223 ft of frontage on US-1 w 22,000 vehicles passing daily. Indian River Dr frontage w additional access, 60 parking spaces, ADA compliant, solid CBS construction w metal roof, storm protection & more!

Location

Florida • Sebastian • 32958 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1997
Lot:
1.37 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$699,900
$433K – $3.6M
Confidence Low
List vs. estimate
$1.3M above estimate
List $1,995,000 · +185.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$25,373
2022
All facts and features

  • Flooring

    • Carpet

    • Ceramic Floor

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Levels: 1

    Lot

    • Lot: 1.37 Acres

    Other Property Information

    • Parcel Number: 313906000030000000040

    • Zoning: CWR

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $25,373

  • Source details

    • MLS ID: R10841529

    Other facts

    • Construction Materials: Concrete Block Construction

    • Water Source: Public

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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Market around this address

Live counts in the same area.
View all
This zip
32958
80
median $383K
Active
Same city
Sebastian
82
median $378K
Active
Same type
Commercial
17
median $475K
Active
Similar price
$1.4M – $2.6M
4
median $2.0M
Active

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: Rennick Real Estate