Sebastian Commercial Land For
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.
(772) 231-6509
Listed By:
T.P. Kennedy · License #3377487
(772) 473-2521
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
221
Businesses Nearby
Explore this area
Business Placement
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
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.