Premier Brokers International
1654 N CENTRAL Avenue, Sebastian, FL 32958
ActiveBeachesMLS
ActiveMLS® B26069241
$499,999

1654 N CENTRAL Avenue, Sebastian, FL 32958

Beds
—
Baths
0
Sqft
—
Est. payment$3,099/mo
Home type
Unimproved Land
Year built
—
Lot size
43,124 sqft
Price / sqft
—
HOA
$0/mo
Community
PLAT OF WAUREGAN

Property description

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!

Listing activity

Days on market
28
Listed
Aug 26, 2026
MLS listing updated
Sep 12, 2026
Feed last checked
1 minute ago

Listed by Yadhyra Yacovone · CGI Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

Waterfront property
No

Lot

Lot size
43,124 sqft
Lot size (acres)
0.99 acres
Lot dimensions
173.0 ft x 268.0 ft
Lot features
Interior Lot, Irregular Lot, Many Trees
Zoning
CWR
Road surface
Asphalt
Road frontage
City Street, East of US-1
Road responsibility
Public Maintained Road
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
West
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Sewer Available, Water Available
Community & HOA

Community

Subdivision
PLAT OF WAUREGAN
MLS area
6351 - Sebastian (IR)
MLS subarea
INRV - Indian River

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Sebastian
County
Indian River
ZIP code
32958
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26069241
Possession
Close Of Escrow
Original list price
$499,999
Parcel number
303821000019999000130
Annual property tax
$3,058.31
Tax year
2025
Assessed value
$171,366
Tax legal description
PLAT OF WAUREGAN ON FLEMING GRANT PBB 1 - 75 BEG AT A POINT WHICH IS N83-2W FOR A DIS OF 102.2 FT FROM A NAIL IN THE ROOT OF A PINE TREE ON
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Indian River
Days On Market
28
Direction Faces
West
Elementary School
Sebastian
High School
Sebastian River
List Price
499999
Listing Contract Date
2026-08-26
Lot Size Acres
0.99
Lot Size Dimensions
173.0 ft x 268.0 ft
MLSArea Major
6351 - Sebastian (IR)
MLSArea Minor
INRV - Indian River
Middle Or Junior School
Sebastian River
Mls Status
Active
On Market Date
2026-08-27
Photos Count
18
Postal Code
32958
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Road Frontage Type
City Street, East of US-1
Road Surface Type
Asphalt
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-08-27T20:22:55Z
Subdivision Name
PLAT OF WAUREGAN
Tax Assessed Value
171366
Water Source
Public
Tax Annual Amount
3058.31
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Aug 26, 2026ListedBeachesMLS$499,999

Public tax history

YearProperty taxesAssessment
2025$3,058$171,366

Payment calculator

Estimated monthly payment$3,099/moIllustrative estimate, not a loan offer.
Principal & interest
$2,594
Property taxes
$255
Insurance
$250
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

PLAT OF WAUREGAN

Sebastian · Indian River County · 32958

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

SebastianElementary
—
Sebastian RiverMiddle
—
Sebastian RiverHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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12 homes

Similar homes

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BeachesMLS

BeachesMLS · Listing courtesy of CGI Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.