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!
Lot/land
$499,999
1654 N CENTRAL Avenue, Sebastian, FL 32958
--beds
--baths
0.99Acres
Unimproved Land
Built in ----
0.99 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 5 days
- 66
- 2
Zillow last checked:
Listing updated:
Listed by:
Yadhyra Yacovone 561-647-7525,
CGI Realty
Source: BeachesMLS,MLS#: B26069241
Originating MLS: BeachesMLS
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 0.99 Acres
- Dimensions: 173.0 ft x 268.0 ft
- Features: City Lot, Interior Lot, Irregular Lot, Other, Many Trees
- Residential vegetation: Brush, Other
Details
- Parcel number: 303821000019999000130
- Zoning: CWR
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: PLAT OF WAUREGAN
HOA
- Has HOA: No
Location
- Region: Sebastian
Financial & listing details
- Tax assessed value: $171,366
- Annual tax amount: $3,058
- Date on market: 8/27/2026
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$2,606/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $499,999-28.6% |
Source: | ||
| 8/13/2026 | Listing removed | $700,000 |
Source: | ||
| 4/14/2026 | Listed for sale | $700,000+134.1% |
Source: | ||
| 9/20/2022 | Listing removed | -- |
Source: | ||
| 8/4/2022 | Contingent | $299,000 |
Source: | ||
| 4/15/2022 | Price change | $299,000-6.3% |
Source: | ||
| 9/9/2021 | Listed for sale | $319,000 |
Source: | ||
| 9/1/2021 | Listing removed | -- |
Source: | ||
| 3/12/2021 | Listed for sale | $319,000 |
Source: | ||
| 3/7/2021 | Listing removed | -- |
Source: | ||
| 1/5/2021 | Listed for sale | $319,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 32958
Nearby schools
Schools provided by the listing agent
- Elementary: Sebastian
- Middle: Sebastian River
- High: Sebastian River
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





