4100 Main St Micco, FL 32976-2943
This exceptional Florida investment opportunity encompasses two parcels totaling 145,926 square feet in desirable Sebastian, Florida (zip code 32976). The southern parcel, situated on the Sebastian River, offers 145,926 square feet of prime waterfront land zoned BU-1 (General Retail Commercial). Its boundaries are defined by the Sebastian River to the south, Main Street to the north, US1 to the east, and the marina to the west. This location presents significant potential for various commercial ventures. Separately available, the northern parcel, zoned RU1-7 Residential, is ideal for residential development. This parcel is bordered by Main Street to the south, Palm Avenue to the north, and Lawrence Street to the west. The combined asking price for both parcels is $1,950,000. However, individual purchase options are available: the riverfront commercial parcel is priced at $1,500,000, while the residential parcel is offered at $450,000. This unique property presents a rare chance to acquire a substantial waterfront holding with both commercial and residential development potential in a thriving Florida community. The property's strategic location and flexible zoning provide a multitude of development possibilities for discerning investors. Detailed site plans and zoning information are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RU17 · Micco, FLMicco. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.