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    187 Del Monte Rd Sebastian, FL 32958

    For Sale
    $99,900

    Prime Sebastian lot, ready to build!

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    324
    This exceptional 10,019 square foot lot presents a unique opportunity for commercial or residential development in the desirable city of Sebastian, Florida. Located at 187 Del Monte Road, zip code 32958, this property boasts a highly convenient location, offering easy access to the riverfront via a short bike ride. The lot is already cleared and meticulously maintained, eliminating the need for extensive site preparation. Its location on a low-traffic street ensures a peaceful environment. Importantly, this property is situated in Flood Zone X, minimizing flood risk. The absence of a homeowner's association (HOA) provides additional flexibility and freedom for development. The asking price is $99,900. This is a rare chance to acquire a build-ready lot in a sought-after area; seize this opportunity before it's gone. The property is zoned for both commercial and residential use, offering versatility for a range of development projects. Its central location in Sebastian, Indian River County, Florida, provides easy access to local amenities and services. The cleared and maintained nature of the lot significantly reduces the time and cost associated with site preparation, making it an attractive investment for developers and builders alike.

    Property Features for 187 Del Monte Rd

    General Information

    Property type
    Land

    HighLights

    • Asking price: $99,900
    • 10,019 square foot lot
    • Located at 187 Del Monte Road, Sebastian, FL 32958
    • Cleared and maintained lot, ready for construction
    • Flood zone X, no HOA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Sebastian
    County
    Indian River
    State
    Florida
    Longitude
    -80.472969
    Latitude
    27.798848

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    FAQs

    What type of property is this?
    Land - Prime Sebastian lot, ready to build!
    Where is this land located?
    The property is located at 187 Del Monte Rd Sebastian, FL.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: Asking price: $99,900; 10,019 square foot lot; Located at 187 Del Monte Road, Sebastian, FL 32958
    Request Owner's contact information
    187 Del Monte 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
    187 Del Monte Rd Sebastian, FL 32958
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