NOT LISTED FOR SALE
1.92 Acres
-- Price per Acre
83,635 Sq Ft Lot

Last Sold June 27, 2022

Last sale price $825,000

Highlights

  • 1.92 Acre Lot
  • Corner Lot
  • Views

About This Lot

As of June 2022

Corner of US Highway 1 & Schumann Drive. Zoning Allows for Retail, Restaurant, Medical and Business Office. Excellent Location on Hard Corner! High Traffic Area - Approx. 21,800 Per Day! Surrounded by Many Residential Communities! Location is Easily Accessible from Both Directions of US Highway 1.

Last Agent to Sell the Property

Billy Moss

Lambert Commercial Real Estate License #3103658 Listed on: 06/30/2021

Last Buyer's Agent

Billy Moss

Lambert Commercial Real Estate License #3103658 Listed on: 06/30/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,190

Lot Details

  • 1.92 Acre Lot
  • Corner Lot
  • 4 Lots in the community
  • Property is zoned , CG, Commercial

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • Sebastian Highlands Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 406
  • Assessor Parcel Number 31391700002406000004.0

Property Details

Property Type

Land

Est. Annual Taxes

$7,190

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.92
  • Road Surface Type: Paved
  • Subdivision Name: Sebastian Highlands
  • Directions: DIRECTLY ON THE CORNER OF US HWY 1 AND SCHUMANN DRIVE
  • Attribution Contact: 772-778-2334
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: 1-3 Acres, Corner Lot
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Connected, Well

Condo/Co-op/Association

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

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 83635.0
  • Number Of Lots: 4
  • Parcel #: 31391700002406000004.0
  • Zoning Description: Commercial
  • Zoning: , CG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7190.0
  • Tax Block: 406
  • Tax Lot: 4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Schumann Road Indian River Llc
Bought by
City Of Sebastian

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jun 27, 2022
Sold by
Salt Creek Company Llc
Bought by
Schumann Road Indian River Llc
Seller's Agent
Billy Moss
Lambert Commercial Real Estate
Buyer's Agent
Billy Moss
Lambert Commercial Real Estate
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%

Purchase Details

Closed on
Jan 31, 2012
Sold by
Chi Investments Inc
Bought by
The Salt Creek Company Llc
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
City Of Sebastian -- None Listed On Document
Schumann Road Indian River Llc $825,000 Elite Title Of The Treasure Co
The Salt Creek Company Llc $387,400 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $825,000 -5.7% --
05/28/2022 05/28/22 Pending -- -- --
06/30/2021 06/30/21 For Sale $875,000 -- --
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 $3,737 $180,195 $95,625 $84,570
2023 $3,737 $185,740 $95,625 $90,115
2022 $3,686 $187,815 $95,625 $92,190
2021 $3,795 $189,947 $95,625 $94,322
2020 $3,897 $192,753 $95,625 $97,128
2019 $3,958 $194,258 $95,625 $98,633
2018 $3,984 $190,621 $95,625 $94,996
2017 $3,883 $191,952 $0 $0
2016 $3,957 $194,910 $0 $0
2015 $4,127 $196,110 $0 $0
2014 $3,793 $182,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 244832

APN: 31-39-17-00002-4060-00004.0