20 Acres of Prime Highway-Frontage Land, Seize this exceptional opportunity to own prime land with high-visibility frontage on US 1 in the heart of Indian River. Zoned General Commercial, this property offers endless possibilities for development—whether for commercial or mixed-use. Its location on a major north-south corridor ensures maximum exposure, with strong traffic counts & convenient access to local businesses, beaches, & the Indian River. With utilities nearby, this parcel is ideal for investors, end-users seeking a strategic location in one of Florida’s most desirable communities.
Under contract
$2,999,000
8965 Us Highway 1, Sebastian, FL 32958
--beds
0baths
20.17Acres
Unimproved Land
Built in ----
20.17 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 325 days |
- 3 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
T.P. Kennedy 772-231-6509,
Alex MacWilliam, Inc.
Source: Realtor Association of Indian River County,MLS#: 290264
Originating MLS: Indian River
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Other
- Waterfront features: None
Lot
- Size: 20.17 Acres
- Dimensions: 20.17
- Features: Acreage, Split Possible
Details
- Parcel number: 31392800000300000012.0
- Zoning: ,
- Zoning description: Commercial
Utilities & green energy
- Sewer: Not Connected
- Water: Not Connected, Public
- Utilities for property: Cable Available, Electricity Available
Community & HOA
Community
- Features: Other, Storm Drain(s)
- Subdivision: Indian River Farms
HOA
- HOA name: Owner
Location
- Region: Sebastian
Financial & listing details
- Tax assessed value: $1,016,601
- Annual tax amount: $15,077
- Date on market: 8/15/2025
- 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 |
|---|---|---|
| 3/24/2026 | Contingent | $2,999,000 |
Source: | ||
| 8/15/2025 | Listed for sale | $2,999,000 |
Source: | ||
Public tax history
Tax history is unavailable.
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: 1.4 mi
- 7/10Storm Grove Middle SchoolGrades: 6-8Distance: 4.1 mi
- 5/10Sebastian River High SchoolGrades: 9-12Distance: 4.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Indian River County
- Sebastian
- 32958
- 8965 Us Highway 1







