Listing Agency: IRRE Group

Listed By: Mark A Moore · License #3187505 Show Phone

Source: Compass

Added: Apr 13, 2024 Changed: Oct 13 Last Checked: Oct 15 at 1:08AM

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Investment Insights

Based on property information with market context.

This is a rare opportunity to own nearly a full acre directly on the Intracoastal waterway in Indian River County. The property features approximately 100 feet of river frontage. It is located less than 2 minutes from a boat ramp and less than 3 minutes to the beach. The property is zoned RM-6. The abutting lot is also available and is almost 2 acres. Conceptual site plan for 12 units on both lots.

Key Highlights

• Owner financing available.
• Direct Intracoastal Waterway frontage (approximately 100 feet).
• No HOA: Freedom to store boats, RVs, and other recreational vehicles.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Parts Store Storage Facility Furniture & Home Goods Grocery & Convenience Store

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

143

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

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Frequently Asked Questions

What type of property is this?

Land - Rare opportunity: build your dream home on the Intracoastal waterway.

Where is this land located?

The property is located at 8790 44th Avenue Sebastian, FL.

What is the asking price?

The asking price for this property is $790,000.

What are key features of this property?

This property features: Owner financing available.; Direct Intracoastal Waterway frontage (approximately 100 feet).; No HOA: Freedom to store boats, RVs, and other recreational vehicles.