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    1614 Us Highway 1 Sebastian, FL 32958

    For Sale
    $1,100,000

    Commercial,Free Standing,Office/Retail,Strip Store - Sebastian, FL

    Property size:
    4,534 SF
    Lot size:
    0.53 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 1614 Us Highway 1

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CR
    APN
    30382100001999900029.0
    Interior features
    9 foot ceilings
    Size
    4,534 SF
    Lot size
    0.53 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1998
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Other
    Building materials
    Concrete
    Roof type
    Aluminum
    Architectural style
    Other

    Real Estate of Florida (772) 600-7400 [email protected]

    Listing agent Richard Michael McClure (772) 600-7400

    Listing date Oct 24, 2025

    MLS# RX-11134668 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sebastian, FL Retail/Office Plaza

    Riverwalk Village Plaza is located in Sebastian, Florida, a boating and fishing community. The plaza is conveniently situated on the north side of Vero Beach. The building is CBS-constructed with a steel roof and has been well-maintained. The property has a size of 4534 square feet and sits on a lot of 0.53 acres. The property features six retail storefronts and/or offices, and six bathrooms. Currently, two of the six are combined into four leased storefronts. All leases are up for renewal in 2027. The property's zoning is CR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sebastian
    County
    Brevard
    State
    Florida
    Longitude
    -80.473798
    Latitude
    27.823542

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    FAQs

    What type of property is this?
    Strip mall - Retail and office plaza in Sebastian, Florida, near Vero Beach.
    Where is this strip mall located?
    The property is located at 1614 Us Highway 1 Sebastian, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Solid investment property featuring six retail/office storefronts.; - Located in the popular Indian Riverfront Village of Sebastian, a boating and fishing community.; - Well-maintained, CBS-constructed building with a steel roof.
    (772) 600-7400
    Request Owner's contact information
    1614 Us Highway 1 Sebastian, FL 32958
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    Sebastian, FL 32958
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1614 Us Highway 1 Sebastian, FL 32958
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