NOT LISTED FOR SALE

608 Davis St Sebastian, FL 32958

Estimated Value: $410,000 - $1,355,302

3.45 Acres
$234,425 Price per Acre
150,282 Sq Ft Lot

Last Sold April 20, 2022

Last sale price $1,200,000

Est. 33% decrease in value since last sale

Current estimated payment $5,111/month

278 Days on Market

Highlights

  • Water Access
  • River Front
  • Corner Lot
  • Intracoastal View
  • Wooded Lot

About This Lot

As of April 2022

3.45 Aces Riverfront Zoned Commercial with Residential. Land is on both sides of Indian River Drive. Potential multi-family up to 30 units! Coveted location in the heart of Sebastian's riverfront district just north of Squid Lips and south of Captain Butchers. Popular walkable area makes this a prime location with endless possibilities & great investment potential!

Last Agent to Sell the Property

Kathleen Pogany

Compass Florida LLC License #3321729 Listed on: 06/15/2021

Compass Florida LLC

Co-Listed By

Scott Reynolds

Compass Florida LLC License #3154924

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $752

Lot Details

  • 3.45 Acre Lot
  • River Front
  • Corner Lot
  • Wooded Lot
  • Many Trees
  • Zoning described as Commercial,Multiple

Property Views

  • Intracoastal
  • River

Additional Features

  • Water Access
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 9
  • Assessor Parcel Number 30382100001999900009.0

Property Details

Property Type

Land

Est. Annual Taxes

$752

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 3.45
  • Lot Size: IRREGULAR
  • Road Surface Type: Paved
  • Co List Office Mls Id: 160601
  • Co List Office Phone: 772-492-7777
  • Subdivision Name: Other
  • Directions: US 1 North to Davis St. Right on David Street. Left on N Central Ave. Lot will be on the right.
  • Attribution Contact: 772-492-7777
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: 3-5 Acres, Corner Lot, Moderate Trees, Split Possible
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes

Utilities

  • Sewer: Connected
  • Utilities: Cable Available, Electricity Available
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 150717.0
  • Number Of Lots: 1
  • Parcel #: 30382100001999900009.0
  • Zoning Description: Commercial,Multiple
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 752.0
  • Tax Block: 9
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Apr 19, 2022
Sold by
Nilsson and Teresa
Bought by
Allison Sydney L
Seller's Agent
Kathleen Pogany
Compass Florida LLC
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$1,750,000
Sold Price
$1,200,000
Premium/Discount to List
-$550,000
-31.43%
Current Estimated Value
$808,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$391,233
Avg. Annual Appreciation
-9.96%
Original Mortgage
$960,000
Outstanding Balance
$905,802
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
-$97,035

Purchase Details

Closed on
Feb 1, 2022
Sold by
Nilsson and Teresa
Bought by
Nilsson Robert and Nilsson Teresa

Purchase Details

Closed on
Jun 18, 2012
Sold by
Wilfong David D and Wilfong Patricia D
Bought by
Nilsson Robert and Nilsson Teresa

Purchase Details

Closed on
May 14, 2012
Sold by
Nilsson Robert and Nilsson Teresa
Bought by
Wilfong David D and Wilfong Patricia D

Purchase Details

Closed on
May 11, 2009
Sold by
J D H J Partnership
Bought by
Nilsson Robert and Nilsson Teresa

Purchase Details

Closed on
Feb 7, 2008
Sold by
Peltier Sylvia B
Bought by
Ib Property Holdings Llc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Allison Sydney L $1,200,000 Lulich & Attorneys
Nilsson Robert -- Lulich & Attorneys
Nilsson Robert -- Attorney
Wilfong David D -- Attorney
Nilsson Robert -- Attorney
Ib Property Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allison Sydney L $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $1,200,000 -31.4% --
03/21/2022 03/21/22 Pending -- -- --
06/15/2021 06/15/21 For Sale $1,750,000 -- --
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
2025 $11,085 $679,494 -- --
2024 $9,920 $679,494 -- --
2023 $9,920 $641,111 $612,643 $28,468
2022 $5,891 $395,202 $0 $0
2021 $5,907 $383,691 $0 $0
2020 $5,936 $378,394 $0 $0
2019 $5,871 $369,886 $0 $0
2018 $5,913 $362,989 $0 $0
2017 $5,879 $355,523 $0 $0
2016 $5,925 $348,210 $0 $0
2015 $6,117 $345,790 $0 $0
2014 $5,981 $343,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Pogany

    Seller's Agent in 2022

    Kathleen Pogany

    Compass Florida LLC

    (772) 925-2390

    305 Total Sales

    Kathleen Pogany
    Section Image
  • Scott Reynolds

    Seller Co-Listing Agent in 2022

    Scott Reynolds

    Compass Florida LLC

    (772) 321-2113

    715 Total Sales

    Scott Reynolds
    Section Image

  • N

    Buyer's Agent in 2022

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 244454

APN: 30-39-31-00001-0000-00004.2

Florida Indian River County Sebastian 32958

608 Davis St, Sebastian, FL

Not Listed for Sale

Lots

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