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For SaleUnimproved LandActive

0 87th Street

Sebastian, FL 32958

$595,000

78 Days On Site

  • 15.38Acres
  • Indian RiverCounty
County
Indian River
MLS®
1085657

Overview

This lovely acreage would make a wonderful estate for someone looking to build a beautiful home and have additional acreage that could be sold or developed., The 510 Wabasso Causeway offers boat ramps, picnic areas, restrooms and is walkable from the property. There is also an additional parcel of land which is approximately 8.56 acres parcel #31-39-28-00000-0040-00002/0 under the name of Caledonia Groves For $370,000. MLS # 1085752. Approx. 23.94 acres. in total of which about 14+ acres are buildable The zoning and Land Use is designated L-2, being medium density residential up to 6 units per acre. The two sites could possibly be developed with a maximum of 142 residential units. An environmental assessment by Toland Environmental Consulting dated July 15, 2025 is available for one's review. Utilities to the site include water, sewer, telephone and electricity. Onsite improvements would be development of infrastructure and residential units.

Listing Snapshot

Price
$595,000
Days On Site
78 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
15.38 Acres
Year Built
N/A
MLS® Number
1085657
Status
Active
Property Tax
$557.09 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

8 items
Acres
15.38
Additional Property Use
Unimproved
Land Lease
No
Property Sub Type
Unimproved Land
Sewer
Public Sewer
Special Circumstances
Real Estate Owned
Utilities
Electricity Available, Sewer Available, Water Available
Water Source
Public

Exterior Features

4 items
Lot Features
Wooded, Many Trees, Wetlands
Road Frontage
Unimproved
View
Trees/Woods
Waterview
Trees/Woods

Community Features

3 items
MLS Area
904 - Indian River
Financing Terms Available
Owner May Carry, Private Financing Available
Roads
Dirt, Paved

Location

0 87th Street, Sebastian, FL 32958 · 904 - Indian River

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Neighborhood & Commute

ZIP Code 32958

Median household income
$60,692
Income per person
$38,435
Households
13,965
Average household size
2.15
Median age
58.4

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Schools

Elementary School
Other
Middle School
Other
High School
Other

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active

Friends & Family

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Listing courtesy of Suncoast Realty, Inc. (321) 674-9390

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-07 11:31 PM EST

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