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$550,000
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Property Description
Build your own business in the middle of Sebastian with over 100' of US HWY #1 frontage and just over 1/2 acre. This listing includes one lot. Owner will also sell this lot along with the southern adjacent lot or all four lots. Call for additional information.
Full Property Details
Full Property Details for 1531 US Hwy 1 Hwy
General
- Price: $550,000
- Taxes: $2,898 (2022)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: R10894292
- Updated: 3/26/2026
- Added to Site: 751 day(s) ago
Location
- County: Indian River
- Subdivision: T.B. HICKS SUBDIVISION
- Driving Directions: US 1 north of Main St. on west side.
- Direction Faces: East
Community
- Community Name: 5940 - Other Florida County
Utilities
- Water: Public
- Utility Description: Electricity Available, None, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 1.15
- Lot Size (Sq. Ft.): 25,191
- Lot Dimensions: 105.0 ft x 303.0 ft
- Frontage: Highway, Public Road, Paved
- Lot Features: 2-3 Acres, City Lot, Other
- Development Status: Site Plan Filed
- Potential Use: Commercial
- Trees/Vegetation: Other, Partially Wooded
- Zoning: CR
Financial Considerations
- Tax Amount: $2,898.06
- Tax Year: 2022
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: HICKS T B SUB PBS 3-22 LOT 7, LESS HWY R/W AS R BK 10PP 188 & LOTS 8 & 9
- Property ID: 31390600002000000007
Listed by RE/MAX Crown Realty
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Schools
Schools serving 1531 US Hwy 1 Hwy
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Sebastian Elementary School 400 Sebastian Boulevard, Sebastian, FL 32958 | PK-5 | 1.3 mi |
Sebastian River Middle School 9400 Fellsmere Road, Sebastian, FL 32958 | 6-8 | 4.5 mi |
Sebastian River High School 9001 90th Avenue, Sebastian, FL 32958 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1531 US Hwy 1 Hwy
Date
Details
Price
Change
Source
2/06/2026
Price Reduced
$550,000
-26.86%
MLS
6/02/2023
Listed
$752,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1531 US Hwy 1 Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,081
1%
$171,299
—
2024
$3,044
4%
$171,299
—
2023
$2,935
1%
$171,299
—
2022
$2,898
-3%
$171,299
—
2021
$3,002
4%
$171,299
11%
2018
$2,894
—
$154,169
—
2017
$2,883
-7%
$154,169
-9%
2019
$3,091
4%
$169,586
10%
2016
$2,974
-4%
$154,170
—
2015
$3,090
-3%
$154,170
-4%
2014
$3,194
6%
$161,220
5%
2013
$3,026
—
$153,160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1531 US Hwy 1 Hwy
1531 US Highway 1 Highway, Sebastian, FL 32958 (MLS# R10894292) is a Vacant Land property with a lot size of 1.15 acres. 1531 US Highway 1 Highway is currently listed for $550,000 and was received on March 13, 2024. Want to learn more about 1531 US Highway 1 Highway? Do you have questions about finding other Vacant Land real estate for sale in Sebastian? You can browse all Sebastian real estate or contact a Coldwell Banker agent to request more information.

