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$595,000 Just Listed

  • For Sale
  • Active
  • Vacant Land
  • 15.38 Acres
  • Updated 1 hour ago
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This lovely acreage would make a wonderful estate for someone looking to build a beautiful home and have additional acreage that could be sold or developed.,or just have a family compound.. The 510 Wabasso Causeway offers boat ramps, picnic areas, restrooms and is walkable from the property. There is also an additional parcel of land which is approximately 8.56 acres parcel #31-39-28-00000-0040-00002/0 under the name of Caledonia Groves The mls program would not allow me to list the two under one listing so 23.94 acres. in total of which about 14+ acres are buildable The zoning and Land Use is designated L-2, being medium density residential up to 6 units per acre. The site could possibly be developed with a maximum of 142 residential units. An environmental assessment by Toland Environmental Consulting dated July 15, 2025 is available for one's review. Utilities to the site include water, sewer, telephone and electricity. Onsite improvements would be development

Full Property Details for 4790 87th Street W

General

  • Price: $595,000
  • Taxes: $557 (2025)
  • Status: Active
  • Type: Vacant Land
  • Source: BrevardCounty
  • MLS ID: 1085657
  • Updated: Today (8/21/2026)
  • Added to Site: Today

Location

  • Area: 904 - Indian River
  • County: Indian River
  • Subdivision: None
  • Driving Directions: From US 1 either north or south head east on 510, take left onto 87th, sign on property

School Information

  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

  • Current Bldg. Use: Unimproved

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 15.38
  • Lot Size (Sq. Ft.): 669,953
  • Frontage: Unimproved
  • Street/Road Desc.: Dirt, Paved
  • Lot Features: Many Trees, Wetlands, Wooded

Financial Considerations

  • Tax Amount: $557.09
  • Tax Year: 2025
  • Terms: Owner May Carry, Private Financing Available

Disclosures and Reports

  • Special Conditions: Owner Licensed RE, Real Estate Owned
  • Property ID: 31392700003002000001

Listed by Suncoast Realty, Inc.

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Listing agent

— 4790 87th Street W —

  • Suncoast Realty, Inc.

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 4790 87th Street W

School District:Indian River County School District
NameGradesDistance
Pelican Island Elementary School
1355 Schumann Drive, Sebastian, FL 32958
PK-51.9 mi
Storm Grove Middle School
6400 57th Street, Vero Beach, FL 32967
6-84 mi
Sebastian River High School
9001 90th Avenue, Sebastian, FL 32958
9-125 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 4790 87th Street W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/21/2026
Listed
$595,000
35.23%
MLS
10/05/2004
Sold
$440,000
—
Public Record
Get Price Alerts and Save Property
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 for 4790 87th Street W

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,984
—
$139,638
—
2024
$1,989
-18%
$139,638
-19%
2023
$2,411
-1%
$171,896
—
2022
$2,424
-4%
$171,896
—
2021
$2,512
-5%
$171,896
2%
2018
$2,634
9%
$168,076
10%
2017
$2,412
-1%
$152,796
—
2016
$2,441
-4%
$152,800
—
2015
$2,548
-3%
$152,800
-11%
2019
$2,630
11%
$171,896
20%
2014
$2,368
-5%
$143,810
5%
2013
$2,505
—
$136,620
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Suncoast Realty, Inc.

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4790 87th Street W, Sebastian, FL 32958 (MLS# 1085657) is a Vacant Land property with a lot size of 15.38 acres. 4790 87th Street W is currently listed for $595,000 and was received on August 21, 2026. Want to learn more about 4790 87th Street W? 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.

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