NOT LISTED FOR SALE

11535 U S Highway 1 Sebastian, FL 32958

Estimated Value: $146,177

0.94 Acre
$155,507 Price per Acre
40,946 Sq Ft Lot

Last Sold November 16, 2021

Last sale price $110,000

Est. 33% increase in value since last sale

Current estimated payment $809/month

389 Days on Market

Highlights

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

About This Lot

As of November 2021

11535 US Hwy 1 with .94 acres and 185 feet of prime US Highway 1 frontage. Must be purchased in conjunction with 11515 for a contiguous 2.02 acres, See MLS 236000 Lowest Price per acre currently available. Ideal for commercial development, restaurant, storage facility, office, medical, retail, automotive, laundromat etc. Seller financing with only 10% down! Call for details.

Last Agent to Sell the Property

Andy Jansky

Dale Sorensen Real Estate Inc. License #3038645 Listed on: 09/22/2020

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Andy Jansky

Dale Sorensen Real Estate Inc. License #3038645 Listed on: 09/22/2020

Dale Sorensen Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,364

Lot Details

  • 0.94 Acre Lot
  • Additional Land
  • Property is zoned , CH, Commercial

Utilities

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

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 31390700000001000009.1

Property Details

Property Type

Land

Est. Annual Taxes

$1,364

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.94
  • Lot Size: .94 acres
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Directions: Located on west side of US Highway 1 approximately 1/2 south of CR512.
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, Storm Drain(s)
  • Association Name: N/A

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 41000.0
  • Number Of Lots: 1
  • Parcel #: 31390700000001000009.1
  • Zoning Description: Commercial
  • Zoning: , CH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1364.0
  • Tax Block: 0
  • Tax Lot: 1
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Slbt Land Holdings Llc
Bought by
Mission Mustard Seed Inc
Current Estimated Value
$146,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.02%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 18, 2021
Sold by
Linear Logix Corporation
Bought by
Slbt Land Holdings Llc
Seller's Agent
Andy Jansky
Dale Sorensen Real Estate Inc.
Buyer's Agent
Andy Jansky
Dale Sorensen Real Estate Inc.
List Price
$135,000
Sold Price
$110,000
Premium/Discount to List
-$25,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$198,000
Interest Rate
2.99%
Mortgage Type
New Conventional

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
Slbt Land Holdings Llc $220,000 New Title Company Name
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
Previous Owner Slbt Land Holdings Llc $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 $441 $31,465 $31,465 --
2023 $441 $31,465 $31,465 $0
2022 $444 $31,465 $31,465 $0
2021 $460 $31,465 $31,465 $0
2020 $467 $31,465 $31,465 $0
2019 $1,177 $76,915 $76,915 $0
2018 $1,193 $76,915 $76,915 $0
2017 $1,214 $76,915 $0 $0
2016 $1,229 $76,920 $0 $0
2015 $1,283 $76,920 $0 $0
2014 $1,192 $72,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 236004

APN: 31-39-07-00000-0010-00009.1