Multifamily

Sebastian, FL Multifamily Properties for Sale

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Micco, FL Barefoot Bay, FL Melbourne, FL Fellsmere, FL Palm Bay, FL Melbourne Beach, FL Vero Beach, FL Malabar, FL
Sebastian, FL Multifamily Development Land
Updated: Jan 22, 2025
Sebastian, FL Multifamily Development Land

Foster Road, Sebastian, FL 32958

$3,000,000
674,308 sqft 15.48 AC lot
15.48 acres in the heart of Sebastian.
Zoned multi‑family.
Plans submitted to city of Sebastian for review.
Public water source.
Located at -80.488266,27.7955.
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Multi-Building Retail and Office Property
Updated: Apr 10
Multi-Building Retail and Office Property

1208 US-1, Sebastian, FL 32958

Contact for pricing
4,158 sqft 0.52 AC lot
Three‑building property totaling 4,158 SF with 192 ft of frontage on US Hwy 1 on 0.52 acres
Fully rented with strong historic occupancy; includes office, retail, and duplex space across three buildings
Building mix: 1,120 SF office/retail, 2,052 SF office historic building, and 986 SF duplex
Zoned (CWR) Commercial Waterfront Residential R.E. with utilities including county water & sewer and FPL
Year built 1951; cap rate listed as 7% with actual NOI of $41,407.75
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Sebastian, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Legal Duplex with Waterfront Dock
Legal Duplex with Waterfront Dock

4480 S Highway 1, Grant, FL 32949

$1,448,000
2,168 sqft 1.18 AC lot

A legal duplex offers flexible unit configurations with shared laundry, plus waterfront access with a 300-foot dock and lifts.

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Renovated Oceanside Condo with Ocean Views
Renovated Oceanside Condo with Ocean Views

4400 Highway A1A Rd 11, Vero Beach, FL 32963

$399,900

Turn-key, furnished condo with ocean, pool, and park views.

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Furnished Penthouse with Ocean Views
Furnished Penthouse with Ocean Views

4410 Highway A1A Hwy 307, Vero Beach, FL 32963

$419,900

Turnkey penthouse apartment with ocean views and existing leases.

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Turnkey RV Park with Expansion
Turnkey RV Park with Expansion

11050 Co Rd 512, Fellsmere, FL 32948

Contact for pricing
10.00 AC lot

52-unit RV park with expansion potential in Fellsmere, Florida.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Hutchinson Island Land For Sale
Hutchinson Island Land For Sale

5306 Keel Way, Hutchinson Island, FL 34949

$168,000

Land available on Hutchinson Island, suitable for development.

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Coastal Development Site on A1A
Coastal Development Site on A1A

4235 N Hwy A1A, Fort Pierce, FL 34949

$1,200,000
20.98 AC lot

20.98 acres on Hutchinson Island, Florida's Treasure Coast.

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Upgraded Lot with Stunning Views
Upgraded Lot with Stunning Views

399 NW Chipshot Lane, Port St Lucie, FL 34986

$164,500
0.06 AC lot

Move-in-ready lot with golf course and lake views.

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RV Lot Backs Golf Course
RV Lot Backs Golf Course

Port St Lucie, FL 34986

$290,000

Large RV lot with golf course access in active community.

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Off-Market Properties in Sebastian, FL

Consider similar Off-Market properties in Sebastian, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

118 Admiral Cir
APARTMENT HOUSE (UNDER 5 UNITS)

118 Admiral Cir, Sebastian, FL 32958-5680

Value Estimation by Request
2,048 sqft 0.23 AC lot
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103 Admiral Cir
APARTMENT HOUSE (UNDER 5 UNITS)

103 Admiral Cir, Sebastian, FL 32958-5669

Value Estimation by Request
1,880 sqft 0.23 AC lot
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8085 126th Ln
APARTMENT HOUSE (UNDER 5 UNITS)

8085 126th Ln, Sebastian, FL 32958-3655

Value Estimation by Request
1,972 sqft 0.52 AC lot
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286 Keen Ter
APARTMENT HOUSE (UNDER 5 UNITS)

286 Keen Ter, Sebastian, FL 32958-5085

Value Estimation by Request
2,232 sqft 0.24 AC lot
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295 Wimbrow Dr
APARTMENT HOUSE (UNDER 5 UNITS)

295 Wimbrow Dr, Sebastian, FL 32958-3300

Value Estimation by Request
2,438 sqft 0.26 AC lot
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124 Admiral Cir
APARTMENT HOUSE (UNDER 5 UNITS)

124 Admiral Cir, Sebastian, FL 32958-5662

Value Estimation by Request
1,800 sqft 0.23 AC lot
View details
103 Marsh St
APARTMENT HOUSE (UNDER 5 UNITS)

103 Marsh St, Sebastian, FL 32958-5776

Value Estimation by Request
2,006 sqft 0.23 AC lot
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257 Harp Ter
APARTMENT HOUSE (UNDER 5 UNITS)

257 Harp Ter, Sebastian, FL 32958-5070

Value Estimation by Request
2,260 sqft 0.23 AC lot
View details
361 Harp Ter
APARTMENT HOUSE (UNDER 5 UNITS)

361 Harp Ter, Sebastian, FL 32958-3131

Value Estimation by Request
2,196 sqft 0.23 AC lot
View details
11113 Airport Dr
APARTMENT HOUSE (UNDER 5 UNITS)

11113 Airport Dr, Sebastian, FL 32958-8109

Value Estimation by Request
1,856 sqft 0.34 AC lot
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11123 Airport Dr
APARTMENT HOUSE (UNDER 5 UNITS)

11123 Airport Dr, Sebastian, FL 32958-8109

Value Estimation by Request
1,856 sqft 0.34 AC lot
View details
108 Dahl Ave
APARTMENT HOUSE (UNDER 5 UNITS)

108 Dahl Ave, Sebastian, FL 32958-2408

Value Estimation by Request
2,760 sqft 0.23 AC lot
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272 Keen Ter
APARTMENT HOUSE (UNDER 5 UNITS)

272 Keen Ter, Sebastian, FL 32958-5063

Value Estimation by Request
2,160 sqft 0.23 AC lot
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301 Wimbrow Dr
APARTMENT HOUSE (UNDER 5 UNITS)

301 Wimbrow Dr, Sebastian, FL 32958-5087

Value Estimation by Request
2,218 sqft 0.27 AC lot
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342 Wimbrow Dr
APARTMENT HOUSE (UNDER 5 UNITS)

342 Wimbrow Dr, Sebastian, FL 32958-5095

Value Estimation by Request
1,596 sqft 0.23 AC lot
View details
108 Flint St, Unit A
APARTMENT HOUSE (UNDER 5 UNITS)

108 Flint St, Sebastian, FL 32958-5655

Unit A
Value Estimation by Request
1,800 sqft 0.23 AC lot
View details
412 Del Monte Rd
APARTMENT HOUSE (UNDER 5 UNITS)

412 Del Monte Rd, Sebastian, FL 32958-3116

Value Estimation by Request
1,585 sqft 0.23 AC lot
View details
343 Wimbrow Dr
APARTMENT HOUSE (UNDER 5 UNITS)

343 Wimbrow Dr, Sebastian, FL 32958-5093

Value Estimation by Request
2,152 sqft 0.27 AC lot
View details
1201 Indian Riv Dr
GARDEN APT, COURT APT (5+ UNITS)

1201 Indian Riv Dr, Sebastian, FL 32958-4109

$1,565,000
Estimated value
5,664 sqft 0.16 AC lot
View details
307 Wimbrow Dr
APARTMENT HOUSE (UNDER 5 UNITS)

307 Wimbrow Dr, Sebastian, FL 32958-5088

Value Estimation by Request
2,218 sqft 0.27 AC lot
View details
473 Del Monte Rd
APARTMENT HOUSE (UNDER 5 UNITS)

473 Del Monte Rd, Sebastian, FL 32958-3124

Value Estimation by Request
2,724 sqft 0.23 AC lot
View details
342 Harp Ter
APARTMENT HOUSE (UNDER 5 UNITS)

342 Harp Ter, Sebastian, FL 32958-5080

Value Estimation by Request
2,196 sqft 0.23 AC lot
View details

Sebastian, FL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Sebastian, FL on our real estate platform. These investment opportunities span a total of 674,308 square feet of properties for sale, with an estimated market value of $3,000,000.

Sale prices for multifamily properties in Sebastian, FL start at $3,000,000, averaging $3,000,000, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 39K
Population Growth (5Y) +4.9%
Median Household Income $63,352
College Educated 21.1%

High-Yield Neighborhoods for Investment

Identify Sebastian submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32958 $2.7M

Taxes & Financing

Tax Rate (average for all types) 1.60%
Property Tax per SF $32.70 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Indian River County

New Delisted

Total CRE Inventory on Market (SF)

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