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$370,000 Just Listed
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Property Description
This acreage has many beautiful trees and several possible uses. We are attaching some suggestions for development that we hope will give you and idea of what might be done with this property. Also, the adjacent property MLS 1085657 is being offered at $595000.00 and has approximately 15.38 acres. The zoning and Land use is designated L-2 being medium density residential up to 8 units per acre for the two parcels. An Environmental Assessment has been done by Toland Environmental Consulting dated July 15, 2025 is available for one's review. Utilities to the site include water, sewer, telephone and electricity. Onsight improvements would be development. of infrastructure and residential units.There are no known off site improvements required that will negatively impact the site. The location is great. close to the River, shopping and restaurants. Just a five minute drive across the causeway to beautiful beaches.
Full Property Details
Full Property Details for 4790 W 87th St
General
- Price: $370,000
- Taxes: $1,983 (2025)
- Status: Active
- Type: Vacant Land
- Source: BrevardCounty
- MLS ID: 1085752
- Updated: 8/22/2026
- Added to Site: 2 day(s) ago
Location
- Area: 999 - Out of Area
- County: Indian River
- Subdivision: None
- Driving Directions: From US 1 head west on SR510 East to left on 87th Street 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: Residential, Unimproved
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 8.56
- Lot Size (Sq. Ft.): 372,874
- Frontage: Other
- Street/Road Desc.: Dirt
- Lot Features: Many Trees, Wetlands
Financial Considerations
- Tax Amount: $1,983.5
- Tax Year: 2025
- Terms: Cash, Conventional, Owner May Carry
Disclosures and Reports
- Special Conditions: Owner Licensed RE, Real Estate Owned
- Property ID: 31392800000004000002
Listed by Suncoast Realty, Inc.
Get Pre-Approved Today
Schools
Schools serving 4790 W 87th St
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Pelican Island Elementary School 1355 Schumann Drive, Sebastian, FL 32958 | PK-5 | 1.9 mi |
Storm Grove Middle School 6400 57th Street, Vero Beach, FL 32967 | 6-8 | 4 mi |
Sebastian River High School 9001 90th Avenue, Sebastian, FL 32958 | 9-12 | 5 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 W 87th St
Date
Details
Price
Change
Source
8/22/2026
Listed
$370,000
-15.91%
MLS
10/05/2004
Sold
$440,000
—
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 4790 W 87th St
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
—
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 4790 W 87th St
4790 W 87th Street, Sebastian, FL 32958 (MLS# 1085752) is a Vacant Land property with a lot size of 8.56 acres. 4790 W 87th Street is currently listed for $370,000 and was received on August 22, 2026. Want to learn more about 4790 W 87th Street? 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.

