NOT LISTED FOR SALE

11515 Us Hwy 1 Sebastian, FL 32958

Estimated Value: $292,355

1.08 Acres
$270,699 Price per Acre
47,045 Sq Ft Lot

Last Sold June 26, 2024

Last sale price $150,000 $3 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,592/month

160 Days on Market

Highlights

  • Additional Land
  • Sebastian Elementary School Rated 9+
  • Views

About This Lot

As of June 2024

Excellent investment opportunity can be purchased in conjunction with MLS#274550 adjacent lot at 11535 US-1 for a total of 2+ acres direct US-1 frontage. Conceptual plan and survey available for luxury motorcoach and boat storage. Purchase the entire project and sell the units off individually or rent them out. Luxury storage is in high demand. Only minutes to several boat launches and the Sebastian Inlet! Call for plans and details.

Last Agent to Sell the Property

Andy Jansky

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-559-0862 License #3038645 Listed on: 01/17/2024

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Troy Westover

Dale Sorensen Real Estate Inc. License #3270315

Dale Sorensen Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $525

Lot Details

  • 1.08 Acre Lot
  • Property fronts a highway
  • Few Trees
  • Additional Land
  • Property is zoned , CH, Commercial

Home Design

  • 44,000 Sq Ft Home

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 31390700000001000010.1

Property Details

Property Type

Land

Est. Annual Taxes

$525

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.08
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Directions: US Highway 1 1/4 mile south of CR512
  • Attribution Contact: 772-559-0862
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial
  • Living Area: 44000.0

Exterior Features

  • Lot Features: 1-3 Acres, Additional Land Available, Few Trees
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Not Connected
  • Utilities: Cable Available, Electricity Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Other, Storm Drain(s)
  • Association Name: None

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 90600.0
  • Number Of Lots: 1
  • Parcel #: 31390700000001000010.1
  • Zoning Description: Commercial
  • Zoning: , CH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 525.0
  • Tax Block: 1
  • Tax Lot: 1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jun 24, 2024
Sold by
Slbt Land Holdings Llc
Bought by
Mission Mustard Seed Inc
Seller's Agent
Andy Jansky
Dale Sorensen Real Estate Inc.
Buyer's Agent
Troy Westover
Dale Sorensen Real Estate Inc.
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Views
33
Current Estimated Value
$292,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,355
Avg. Annual Appreciation
70.95%
Original Mortgage
$200,000
Interest Rate
7.02%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 27, 2012
Sold by
Terra Martin C
Bought by
Terra Martin C

Purchase Details

Closed on
Jun 22, 2012
Sold by
Terra Charles L
Bought by
Terra Martin C

Purchase Details

Closed on
Aug 5, 2005
Sold by
Terra Charles L
Bought by
Terra Charles L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mission Mustard Seed Inc $300,000 None Listed On Document
Mission Mustard Seed Inc $300,000 None Listed On Document
Terra Martin C -- Attorney
Terra Martin C -- Attorney
Terra Martin C -- None Available
Terra Charles L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mission Mustard Seed Inc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $150,000 -9.1% $3 / Sq Ft
01/17/2024 01/17/24 For Sale $165,000 +50.0% $4 / Sq Ft
11/16/2021 11/16/21 Sold $110,000 -18.5% --
10/17/2021 10/17/21 Pending -- -- --
09/22/2020 09/22/20 For Sale $135,000 -- --
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $504 $35,961 $35,961 --
2023 $504 $35,961 $35,961 $0
2022 $507 $35,961 $35,961 $0
2021 $525 $35,961 $35,961 $0
2020 $534 $35,961 $35,961 $0
2019 $1,345 $87,905 $87,905 $0
2018 $1,364 $87,905 $87,905 $0
2017 $1,388 $87,905 $0 $0
2016 $1,404 $87,910 $0 $0
2015 $1,466 $87,910 $0 $0
2014 $1,362 $82,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 274549

APN: 31-39-07-00000-0010-00010.1