NOT LISTED FOR SALE

55 Blue Island St Sebastian, FL 32958

Estimated Value: $42,574 - $280,000

0.58 Acre
$226,110 Price per Acre
25,265 Sq Ft Lot

Last Sold March 20, 2023

Last sale price $42,500

Est. 209% increase in value since last sale

Current estimated payment $762/month

15 Days on Market

About This Lot

As of March 2023

Beautiful .58 acre lot in the highly desirable community of Sebastian Lakes. Gated waterfront community features tennis, gazebo, picnic area & boat launch.Note: This lot is buildable but will require approximately $30,000 in drainage work and approval by the St. Johns Water Management District prior to construction.

Last Agent to Sell the Property

Jay Garick

Adnoram Realty Corp License #0455200 Listed on: 02/09/2023

Last Buyer's Agent

Jay Garick

Adnoram Realty Corp License #0455200 Listed on: 02/09/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $889

Lot Details

  • 0.58 Acre Lot
  • Home fronts a pond
  • Lake Front

Additional Features

  • Lake Views
  • Cable TV Available

Community Details

  • Sebastian Lakes Subdivision

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number 31382300006000000122.0

Property Details

Property Type

Land

Est. Annual Taxes

$889

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.58
  • Road Surface Type: Paved
  • Subdivision Name: Sebastian Lakes
  • Directions: CR 512 to Blue Island Street to subject property. No Sign on Lot.
  • Attribution Contact: 407-661-1996
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: No

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Storm Drain(s)
  • Association Fee: 101.0
  • Association Name: NA

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 252300.0
  • Number Of Lots: 1
  • Parcel #: 31382300006000000122.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 889.0
  • Tax Block: 00
  • Tax Lot: 122
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2025
Sold by
Fischer Henry Anthony and San Sebastian Properties Inc
Bought by
San Sebastian Springs Property Owners Associa
Current Estimated Value
$131,144

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 20, 2023
Sold by
Maronda Homes Inc
Bought by
Redner William H and Redner Martha N
Seller's Agent
Jay Garick
Adnoram Realty Corp
Buyer's Agent
Jay Garick
Adnoram Realty Corp
List Price
$45,000
Sold Price
$42,500
Premium/Discount to List
-$2,500
-5.56%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.50%

Purchase Details

Listed on
Oct 29, 2019
Closed on
Sep 23, 2020
Sold by
Wilkie Mark R and Wilkie Kerry E
Bought by
Maronda Homes Llc
Seller's Agent
Thomas 'TP' Kennedy
Alex MacWilliam, Inc.
Buyer's Agent
Thomas 'TP' Kennedy
Alex MacWilliam, Inc.
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.28%

Purchase Details

Closed on
Oct 27, 2011
Sold by
Green Ashley C and Green Michelle M
Bought by
Wilkie Mark R and Wilkie Kerry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,200
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2004
Sold by
Ortiz Wilson U and Ortiz Maria
Bought by
Green Ashley C and Green Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2002
Sold by
Holm Leo and Holm Virginia
Bought by
Ortiz Wilson U and Ortiz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,774
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
San Sebastian Springs Property Owners Associa -- None Listed On Document
Redner William H $42,500 Steel City Title
Maronda Homes Llc $45,000 Steel City Title
Wilkie Mark R $55,800 Treasure Coast Title Agency
Green Ashley C $120,000 First American Title Ins Co
Ortiz Wilson U $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilkie Mark R $41,200
Previous Owner Green Ashley C $96,000
Previous Owner Ortiz Wilson U $31,774
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $42,500 -5.6% --
02/24/2023 02/24/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $45,000 0.0% --
09/25/2020 09/25/20 Sold $45,000 -9.8% -- View Prior Sale
08/26/2020 08/26/20 Pending -- -- --
10/29/2019 10/29/19 For Sale $49,900 -- --
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 $832 $34,000 $34,000 --
2023 $832 $46,750 $46,750 $0
2022 $889 $51,000 $51,000 $0
2021 $920 $51,000 $51,000 $0
2020 $938 $51,000 $51,000 $0
2019 $902 $51,000 $51,000 $0
2018 $881 $51,000 $51,000 $0
2017 $733 $38,250 $0 $0
2016 $756 $38,250 $0 $0
2015 $784 $38,250 $0 $0
2014 $733 $36,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jay Garick

    Adnoram Realty Corp

    (407) 687-4128

    3,264 Total Sales

    Jay Garick
    Section Image
  • Thomas 'TP' Kennedy

    Seller's Agent in 2020

    Thomas 'TP' Kennedy

    Alex MacWilliam, Inc.

    (772) 794-3799

    174 Total Sales

    Thomas 'TP' Kennedy
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 266086

APN: 31-38-23-00006-0000-00122.0

Florida Indian River County Sebastian 32958

55 Blue Island St, Sebastian, FL

Not Listed for Sale

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