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Financial
Distress signals
Property profile

989 Sebastian Blvd Sebastian, FL 32958

FOR SALE
Office buildings
Property ID
US19-0614961
5,062 SF 0.61 ac lot Built 2001
Last sale Mar 2007 · $1,000,000
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,062 square foot office building presents a rare investment opportunity in Sebastian, Florida. Strategically located on Sebastian Boulevard, a major east-west artery, this property enjoys excellent visibility and convenient access to both I-95 and US Highway 1, ensuring high traffic flow and accessibility for tenants and clients. The building comprises three separate office/medical suites, each designed for optimal functionality. Two suites measure 1,250 square feet each,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$516k
Assessed land$124k
Assessed improvement$392k
Effective rate1.85%

Value estimate

· Oct 2026
$320k
$288k – $352k
CAP approach$890k
Submarket $/SF estimate$1.27M
NOI build-up
Gross scheduled income$88k
Vacancy & credit loss−$16k
Operating expenses−$18k
NOI · 5.16% cap applied$54k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$226/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$97 – $441
Qualifying comparables3

Cap rate analysis

How does the asset earn?
5.16%
$54k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-512
The C-512 District is established to implement comprehensive plan policies for managing land designated for commercial development along ...
General categoryCOMMERCIAL
JurisdictionINDIAN RIVER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.8
Dental Office19.1
Hair Salon16.8

Location

989 Sebastian Blvd Sebastian, FL 32958
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11632 High, Sebastian, FL 32958-4625 $424,500 May 2021 2,700 SF
1621 Us Hwy 1st, Sebastian, FL 32958-3855 $560,000 Apr 2020 4,615 SF
1013 Us Hwy 1st, Sebastian, FL 32958-8630 $375,000 Feb 2020 1,488 SF
911 Us Hwy 1st, Sebastian, FL 32958-4186 $750,000 Jan 2020 3,228 SF
1511 Us Hwy 1st, Sebastian, FL 32958-1642 $1,850,000 May 2019 17,296 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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