$499,999
 $2,684 est/mo Sourced by Back At You

1654 N Central Avenue,Sebastian, FL 32958

Sebastian, FL 32958

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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!

Details

MLS #B26069241
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site41
Listing Provided ByCGI Realty | Yadhyra Yacovone

Features

ZoningCWR
Acreage0.99

Exterior

Lot FeaturesCity Lot, Interior Lot, Irregular Lot, Other, Many Trees

Taxes

Tax Annual Amount3058.31

Area Information

StateFL
CountyIndian River
CitySebastian
Zip Code32958
Area6351 Sebastian (IR)
SubareaINRV Indian River
Community NamePLAT OF WAUREGAN
Listing VS Median (in PLAT OF WAUREGAN)
Price:
$499,999
low | high
Med:
$0
On site:
41
low | high
Med:
Sourced by Back At You

Market Activity 32958

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The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Beaches MLS. All Rights Reserved.

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Learn More About This Property

StateFL
CountyIndian River
CitySebastian
Zip Code32958
Area6351 Sebastian (IR)
SubareaINRV Indian River
Community NamePLAT OF WAUREGAN
Listing VS Median (in PLAT OF WAUREGAN)
Price:
$499,999
low | high
Med:
$0
On site:
41
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $374K - $624K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1531 Us Highway 1 Highway Property Photo 1
$550,000
1531 Us Highway 1 Highway
Sebastian, FL 32958
Listing Updated: September 28, 2026 at 9:07:36 PM PDT