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    Micco Rd Sebastian, FL 32909

    For Sale
    $1,900,000

    17.34 Acres, Commercial & Residential Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 17.34-acre parcel, encompassing 295,772 square feet, presents a unique investment opportunity in the desirable Grant Valkaria area of Brevard County, Florida. Located at 0 Micco Road, zip code 32909, this expansive property is zoned for both commercial and residential development, offering unparalleled flexibility for a wide range of projects. The land's size allows for substantial development potential, catering to various needs, from large-scale commercial ventures to exclusive residential communities. Its strategic location provides easy access to the Sebastian inlet, known for its vibrant marina, diverse restaurants, and abundant recreational opportunities including boating and fishing. The charming town of Sebastian offers a wealth of amenities, including beautiful beaches, adding to the property's appeal. The property consists of three contiguous lots, simplifying development planning and streamlining the construction process. This prime location, combined with the significant acreage and dual zoning, makes this property an exceptional investment for discerning developers and individuals seeking a large-scale project in a sought-after Florida location. The property is situated at 27.8738369 latitude and -80.6047524 longitude. This is a rare opportunity to acquire a substantial land holding in a thriving coastal community.

    Property Features for 0 Micco Rd

    General Information

    Property type
    Land

    HighLights

    • $1,900,000 asking price.
    • 17.34‑acre commercial and residential land parcel.
    • 295,772 square foot lot size.
    • Located at 0 Micco Road, Grant Valkaria, FL 32909.
    • Close proximity to Sebastian Inlet, restaurants, marina, and beaches.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sebastian
    County
    Brevard
    State
    Florida
    Longitude
    -80.6047524
    Latitude
    27.8738369

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    FAQs

    What type of property is this?
    Land - 17.34 Acres, Commercial & Residential Potential
    Where is this land located?
    The property is located at Micco Rd Sebastian, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: $1,900,000 asking price.; 17.34-acre commercial and residential land parcel.; 295,772 square foot lot size.
    (386) 562-1314
    Request Owner's contact information
    Micco Rd Sebastian, FL 32909
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    Sebastian, FL 32909
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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
    Micco Rd Sebastian, FL 32909
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