989 Sebastian Blvd Sebastian, FL 32958
Property Lookup
Property profile & analytics
989 Sebastian Blvd Sebastian, FL 32958
- Office buildings
- 5,062 SF
- 0.61 lot acres
Property ID
US19-0614961
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- American Security Council Foundation / Charitable Organization / Social Service Agency
- Center for Pain Treatment: Ronald Stern, MD / Physician
- Sharon Taranto / Physician
- Anthony Romano / Physician
Property Details for 989 Sebastian Blvd
- Year built
- 2001
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.61 lot acres
- Property size
- 5,062 SF
- Zone code
- C-512
- Property type
- Office buildings
- APN
- 31-38-13-00002-1850-00001.0
- APU
- 9223372036854775807
Description
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, while the third offers a more substantial 2,500 square feet. Currently, all three suites are fully occupied by long-term tenants, providing a stable and predictable income stream with a proven rental history. Once a lease expires, the space becomes available for the buyer's own use or for continued leasing to generate rental income. The 0.61-acre lot provides ample space and parking. This turnkey operation offers a compelling investment opportunity with the added benefit of potential owner financing. Note that all square footages are approximate and subject to verification. A Non-Disclosure Agreement is required for access to detailed financial information.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $965,000
- 6.5%
- $890,000
- 7%
- $825,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,271,000
- AI Estimate
- $1,212,000
Market price range: $491k - $2.23MMarket price range: $507k - $1.68M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,145,000 Current use
- INDUSTRIAL (GENERAL)
- $1,600,000 Change: +40% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,100,000 Change: -4% Conversion: Difficult
- RETAIL STORES
- $1,075,000 Change: -6% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sebastian
- County
- Indian River
- State
- Florida
- Longitude
- -80.4942
- Latitude
- 27.7819
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,562
$124,220
$392,028
$516,248
-
$124,220
$392,028
$516,248
