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    Foster Rd Sebastian, FL 32958

    Under Contract
    For Sale
    $3,000,000

    LAND - Sebastian, FL

    Property size:
    674,308 SF
    Lot size:
    15.48 Acres
    Days on Market:
    305
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for Foster Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Vegetation
    Wooded
    Zoning
    ,
    APN
    31390600000500000003.0
    Size
    674,308 SF
    Lot size
    15.48 Acres

    Utilities

    Water source
    Public

    Keller Williams Realty of Vero Beach (772) 257-8000 [email protected]

    Listing agent Shane Reynolds (772) 257-8000 License #3233632

    Listing date Feb 5, 2025

    MLS# 284733 Listing URL

    Copyright © 2025 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.

    Overview

    Sebastian, FL Multifamily Development Land

    This 15.48-acre property is located in Sebastian, Florida. The site is zoned for multi-family development. Plans have been submitted to the city of Sebastian for review. The property has a total size of 674308 square feet.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sebastian
    County
    Brevard
    State
    Florida
    Longitude
    -80.472229
    Latitude
    27.813347

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    FAQs

    What type of property is this?
    Residential land & home lot - 15.48 acres of land zoned for multifamily development.
    Where is this residential land & home lot located?
    The property is located at Foster Rd Sebastian, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - 15.48 acres in the heart of Sebastian.; - Zoned multi-family.; - Plans submitted to city of Sebastian for review.
    (772) 257-8000
    Request Owner's contact information
    Foster Rd 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
    Foster Rd Sebastian, FL 32958
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