Rare 12.47 (+/-) acre riverfront gem zoned RM-6 w/site plans for 78 units. Enjoy 552’ of direct frontage on a white sandy beach w/4 docks (200'+ each). Intracoastal spans 2+ miles wide-majestic nature/river views, sea breezes, dolphins, manatees, fish & abundant birdlife await. World class fishing Inshore & Offshore(Sebastian Inlet minutes away.) Permits & environmental studies complete—no mangrove issues. Incl: .40-acre preserve, 1.8 acres of mit. credits, 2 existing homes(1 direct riverfront)—ideal as a family compound or executive retreat. Time to Build the Dream! Sizes appox/subj to err.
Lot/land
$3,995,000
10500 Us Highway 1, Sebastian, FL 32958
--beds
0baths
12.47Acres
Unimproved Land
Built in ----
12.47 Acres Lot
$-- Zestimate®
$7/sqft
$-- HOA
What's special
Sea breezes
- 347 days |
- 234 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Troy P Westover 772-453-1206,
Dale Sorensen Real Estate Inc.,
Andrew T Westover 772-494-9113,
Dale Sorensen Real Estate Inc.
Source: Realtor Association of Indian River County,MLS#: 289533
Originating MLS: Indian River
Originating MLS: Indian RiverFacts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total interior livable area: 579,348 sqft
Property
Features
- Has view: Yes
- View description: Intercoastal, Preserve, River
- Has water view: Yes
- Water view: Intercoastal,River
- Waterfront features: Intracoastal Access, Navigable Water, River Front
- Frontage length: 560
Lot
- Size: 12.47 Acres
- Features: 10-20 Acres, Moderate Trees, Split Possible, Few Trees, Wooded, Acreage
Details
- Parcel number: 31391700000002000030.2
- Zoning: ,
- Zoning description: Multiple,Residential
- Horses can be raised: Yes
- Horse amenities: Horses Allowed
Utilities & green energy
- Sewer: Not Connected, Septic Tank
- Water: Connected, Not Connected, Public, Well
- Utilities for property: Cable Available, Electricity Available
Community & HOA
Community
- Features: Storm Drain(s), Water Access
- Subdivision: Other
HOA
- HOA name: NONE
Location
- Region: Sebastian
Financial & listing details
- Price per square foot: $7/sqft
- Tax assessed value: $397,064
- Annual tax amount: $35,080
- Date on market: 7/21/2025
- Listing terms: Cash,New Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $3,995,000$7/sqft |
Source:  Realtor Association of Indian River County #289533 Report a problem | ||
| 12/26/2025 | Contingent | $3,995,000$7/sqft |
Source: Realtor Association of Indian River County #289533 Report a problem | ||
| 7/21/2025 | Listed for sale | $3,995,000-0.1%$7/sqft |
Source: Realtor Association of Indian River County #289533 Report a problem | ||
| 2/1/2020 | Listing removed | $4,000,000$7/sqft |
Source: RE/MAX Crown Realty #217767 Report a problem | ||
| 3/15/2019 | Listed for sale | $4,000,000-1.2%$7/sqft |
Source: RE/MAX Crown Realty #217767 Report a problem | ||
| 3/19/2017 | Listing removed | $4,050,000$7/sqft |
Source: Treasure Coast Sotheby's International Realty #169792 Report a problem | ||
| 4/1/2016 | Listed for sale | $4,050,000+315.9%$7/sqft |
Source: Treasure Coast Sotheby's International Realty #169792 Report a problem | ||
| 7/18/2005 | Sold | $973,800$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,693 +8.5% | $436,771 -4.5% |
| 2024 | $6,167 +6.6% | $457,487 |
| 2023 | $5,785 +5.3% | $457,487 +2% |
| 2022 | $5,495 +22.3% | $448,384 +50.3% |
| 2021 | $4,495 +3.6% | $298,319 +3.6% |
| 2020 | $4,337 | $287,958 +12.9% |
| 2019 | $4,337 +7.8% | $255,131 -1.6% |
| 2018 | $4,024 -3% | $259,210 +1.3% |
| 2017 | $4,150 | $255,961 +0.6% |
| 2016 | $4,150 -0.4% | $254,460 |
| 2015 | $4,168 -4.1% | $254,460 +6.9% |
| 2014 | $4,346 | $238,020 +4.4% |
| 2013 | -- | $228,010 |
| 2012 | $3,774 -26.6% | $228,010 -27% |
| 2011 | $5,144 -12% | $312,520 -11.9% |
| 2010 | $5,848 -19.9% | $354,780 -23.4% |
| 2009 | $7,300 -38.4% | $463,330 -41.6% |
| 2008 | $11,854 -3.2% | $793,170 -1% |
| 2007 | $12,245 | $801,580 -9.3% |
| 2006 | -- | $884,240 |
| 2005 | -- | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32958
Nearby schools
GreatSchools rating
- 6/10Pelican Island Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 7/10Storm Grove Middle SchoolGrades: 6-8Distance: 6 mi
- 5/10Sebastian River High SchoolGrades: 9-12Distance: 4.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Indian River County
- Sebastian
- 32958
- 10500 Us Highway 1
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Sebastian Topics
