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Sebastian Commercial Land For Sale
For Sale
$550,000

11515 S Indian River Drive, Sebastian, FL 32958

LAND - Sebastian, FL

Lot Size1.52 Acres
Days on Market259

Property Features for 11515 S Indian River Drive

General Information

Property type Land
Property subtype Other
Zoning ,
Zoning description Commercial, Prof Office/Institution
Subdivision Sebastian Highlands
Lot features One To Three Acres
View City
Elementary school district Indian River County Schools
Middle school district Indian River County Schools
High school district Indian River County Schools
Directions US# 1 in Sebastian
Standard status Active
APN 31390700000001000010.0
Lot size 1.52 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description S 165 FT OF GOV LOT 1, E OF RY & W OF USHWY NO 1, LESS PORT AS IN D BK 106 PP 3 41 & LESS FOLL DESC PROP: BEG AT INTER OF S LINE OF GOV LOT 1 & THE WLY R/W LINELINE OF US HWY NO 1; PROCEED S 89 DEG 4 2 MIN 38 SEC W ALONG S LINE 277.23 FT TOTHE ELY R/ W LIN
Tax Annual Amount 2405
Legal Description S 165 FT OF GOV LOT 1, E OF RY & W OF USHWY NO 1, LESS PORT AS IN D BK 106 PP 3 41 & LESS FOLL DESC PROP: BEG AT INTER OF S LINE OF GOV LOT 1 & THE WLY R/W LINELINE OF US HWY NO 1; PROCEED S 89 DEG 4 2 MIN 38 SEC W ALONG S LINE 277.23 FT TOTHE ELY R/ W LIN

Utilities

Water source Public
Listing Agency: Alex MacWilliam, Inc.
Listed By: T.P. Kennedy · License #3377487
Added: Nov 17, 2025 Changed: Apr 17 Last Checked: Aug 3 at 6:06AM
MLS# 293055

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.52-acre commercial land parcel in Sebastian, Florida, features 185 feet of frontage on US-1 and 175 feet on Indian River Drive. Zoned General Commercial, the site is suitable for a range of uses, including gas stations, restaurants, retail, office space, medical facilities, and storage. The property benefits from dual access via US-1 and Indian River Drive, providing enhanced visibility and traffic flow. Cleared and ready for development, this parcel presents a development opportunity in a high-exposure corridor.

Key Highlights

  • Prime 1.51‑acre commercial lot with 185' frontage on US‑1.
  • Zoned General Commercial, permitting diverse uses (gas station, restaurant, retail, office, medical, storage).
  • Dual access from US‑1 and Indian River Dr. ensures outstanding visibility and traffic flow.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Pharmacy Big Box & Wholesale Store Building Supply Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby

Demographics for 32958, FL

28,619
Population
15,512
Households
1.8
Avg Household Size
58
Median Age
29%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
1,026
Density / Sq Mi
$68,276
Median Household Income
$37,412
Median Earnings
$1,388
Median Rent
$279,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 1.52 acre commercial land with high-exposure frontage.
Where is this commercial land located?
The property is located at 11515 S Indian River Drive Sebastian, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Prime 1.51‑acre commercial lot with 185' frontage on US‑1.; Zoned General Commercial, permitting diverse uses (gas station, restaurant, retail, office, medical, storage).; Dual access from US‑1 and Indian River Dr. ensures outstanding visibility and traffic flow.
More about this property
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