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$700,000 Just Listed
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Property Description
Rare opportunity! One of the few remaining undeveloped parcels to have business and residential mixed. Parcel is zoned for multi unit, retail, commercial, and residential. Build your dream home AND business on this lot, or develop into multifamily residential, or multi-unit commercial - very hard to find this type of zoning as a blank slate. Conveniently located between US 1 and Indian River Drive. Close proximity to shops, restaurants and hotels in the heart of historic waterfront Sebastian. LOT SIZE: .99 Acres with 173 ft. frontage on N. Central Ave. and 270 ft. of depth. ZONED: CWR - Commercial Waterfront Residential District. City water and sewer. Environmental, Phase 1, NO wetlands all complete and cleared to build.
Full Property Details
Full Property Details for 1654 N Central Ave
General
- Price: $700,000
- Taxes: $2,935 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: B26015404
- Updated: Today (4/14/2026)
- Added to Site: Today
Location
- County: Indian River
- Subdivision: PLAT OF WAUREGAN
- Driving Directions: from Sebastian Inlet bridge turn-off. Turn Left onto Jackson Street (just past the Captain Hiram's Resort area). Turn Right onto North Central Avenue. The destination will be on your Left.
- Direction Faces: West
School Information
- Elementary School: Sebastian
- Middle School: Sebastian River
- High School: Sebastian River
Community
- Community Name: 6351 - Sebastian (IR)
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, None, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Commercial, Vacant
Lot Features
- Property View: Lagoon, Other, River
- Lot Size (Acres): 0.99
- Lot Size (Sq. Ft.): 43,124
- Lot Dimensions: 173.0 ft x 270.0 ft
- Frontage: Other, Paved
- Lot Features: Other
- Development Status: Raw Land
- Potential Use: Commercial
- Trees/Vegetation: Other
- Zoning: CWR
Water Features
- Water View: Yes
Financial Considerations
- Assessment Amount: $155,787
- Tax Amount: $2,935.98
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: PLAT OF WAUREGAN ON FLEMING GRANT PBB 1 - 75 BEG AT A POINT WHICH IS N83-2W FOR A DIS OF 102.2 FT FROM A NAIL IN THE ROOT OF A PINE TREE ON
- Property ID: 232330550490
Listed by Houwzer LLC
Get Pre-Approved Today
Schools
Schools serving 1654 N Central Ave
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Sebastian Elementary School 400 Sebastian Boulevard, Sebastian, FL 32958 | PK-5 | 1.6 mi |
Sebastian River Middle School 9400 Fellsmere Road, Sebastian, FL 32958 | 6-8 | 4.6 mi |
Sebastian River High School 9001 90th Avenue, Sebastian, FL 32958 | 9-12 | 5.3 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 1654 N Central Ave
Date
Details
Price
Change
Source
4/14/2026
Listed
$700,000
159.26%
MLS
6/24/2024
Sold
$270,000
—
Public Record
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 1654 N Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,058
1%
$155,787
—
2024
$3,026
-4%
$155,787
-11%
2023
$3,159
1%
$174,845
—
2022
$3,121
-3%
$174,845
—
2021
$3,228
-3%
$174,845
—
2019
$3,336
-3%
$174,845
—
2018
$3,425
3%
$174,845
—
2017
$3,341
-3%
$174,845
—
2016
$3,444
-4%
$174,850
—
2015
$3,576
7%
$174,850
6%
2014
$3,342
5%
$164,560
5%
2013
$3,171
—
$156,330
—
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 1654 N Central Ave
1654 N Central Avenue, Sebastian, FL 32958 (MLS# B26015404) is a Vacant Land property with a lot size of 0.99 acres. 1654 N Central Avenue is currently listed for $700,000 and was received on April 14, 2026. Want to learn more about 1654 N Central Avenue? 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.

