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$475,000 Just Listed
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Property Description
±0.44-acre commercial site comprising three platted lots with 120 feet of frontage on CR 512 (Sebastian Blvd). Strategically positioned between the Publix-anchored Sebastian Crossings shopping center and the US-1/Riverfront corridor. C-512 zoning permits retail, office, medical, restaurant, and other commercial uses. Surrounded by the established Sebastian Highlands residential community, providing a strong customer base. The site benefits from approximately 19,300 vehicles per day (AADT) on CR 512, according to FDOT. CR 512 serves as a direct connector between I-95 (Exit 156), with approximately 53,500-59,400 AADT, and US-1, with approximately 24,500-30,500 AADT. Excellent opportunity for developers, investors, and owner-users seeking a highly visible commercial site in Sebastian. The property's location provides convenient connectivity to major transportation routes, nearby shopping, dining, services, and residential neighborhoods. Its prominent frontage and strategic positioning make it well suited for a variety of commercial concepts and future development plans. With strong traffic exposure and proximity to established retail and residential areas, this site offers an attractive opportunity to capitalize on Sebastian's continued growth and expanding commercial activity.
Full Property Details
Full Property Details for 691 Sebastian Blvd
General
- Price: $475,000
- Taxes: $1,663 (2026)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A12078841
- Updated: Today (8/27/2026)
- Added to Site: Today
Location
- Area: Sebastian Highlands Unit
- County: Indian River County
- Subdivision: SEBASTIAN HIGHLANDS UNIT
- Building Name: SEBASTIAN HIGHLANDS UNIT
Community
- Community Name: Sebastian Highlands Unit
Utilities
- Sewer: None
- Water: Other
- Utility Description: Sewer Connected, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial
Lot Features
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,166
- Lot Dimensions: 120 x 160
- Frontage Feet: 120
- Lot Features: Beach Area, Less Than 1 Acre
- Potential Use: Urban Commercial
- Zoning: C-512
Financial Considerations
- Tax Amount: $1,663
- Tax Year: 2026
Disclosures and Reports
- Legal Description: ""SEBASTIAN HIGHLANDS UNIT 12 BLK 509 LOTS 12, 13 & 14 PBI 7-57""
- Property ID: 31381200004509000012
Listed by Leoni Real Estate Corp.
Get Pre-Approved Today
Schools
Schools serving 691 Sebastian Blvd
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Sebastian Elementary School 400 Sebastian Boulevard, Sebastian, FL 32958 | PK-5 | 0.7 mi |
Storm Grove Middle School 6400 57th Street, Vero Beach, FL 32967 | 6-8 | 6.8 mi |
Sebastian River High School 9001 90th Avenue, Sebastian, FL 32958 | 9-12 | 3.2 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 691 Sebastian Blvd
Date
Details
Price
Change
Source
8/27/2026
Listed
$475,000
26.67%
MLS
7/21/2005
Sold
$375,000
—
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 691 Sebastian Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,663
1%
$89,602
—
2024
$1,644
5%
$89,602
—
2023
$1,572
1%
$89,602
—
2022
$1,553
-3%
$89,602
—
2021
$1,607
20%
$89,602
52%
2019
$1,343
2%
$59,137
10%
2018
$1,321
39%
$53,761
10%
2017
$951
45%
$48,874
50%
2016
$654
-4%
$32,640
—
2015
$679
-18%
$32,640
-20%
2014
$832
5%
$40,960
5%
2013
$790
—
$38,910
—
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 691 Sebastian Blvd
691 Sebastian Blvd, Sebastian, FL 32958 (MLS# A12078841) is a Commercial Land property with a lot size of 0.44 acres. 691 Sebastian Blvd is currently listed for $475,000 and was received on August 27, 2026. Want to learn more about 691 Sebastian Blvd? Do you have questions about finding other Commercial Land real estate for sale in Sebastian? You can browse all Sebastian real estate or contact a Coldwell Banker agent to request more information.

