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Property profile & analytics
OFF-MARKET
Commercial real estate

187 Del Monte Rd Sebastian, FL 32958

Property ID
US18-4509040
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
UPID US18-4509040
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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