NOT LISTED FOR SALE

8725 50th Ave Sebastian, FL 32958

Wabasso Neighborhood

Estimated Value: $113,000

0.28 Acre
$403,571 Price per Acre
12,197 Sq Ft Lot

Last Sold April 04, 2022

Last sale price $65,000 $5 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $638/month

37 Days on Market

About This Lot

As of April 2022

Two adjoining commercial lots on 50th Ave totaling .28 acres. Property yields 100 ft frontage, great for visibility a new business. General commercial zoning allows for many uses.

Last Agent to Sell the Property

Jeff Luther

Coldwell Banker Paradise License #0554220 Listed on: 01/26/2022

Coldwell Banker Paradise

Last Buyer's Agent

Gary Farless

Farless Properties LLC License #3167698

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $236

Lot Details

  • 0.28 Acre Lot
  • 2 Lots in the community
  • Property is zoned , CG, Commercial

Home Design

  • 12,500 Sq Ft Home

Utilities

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

Additional Features

  • Property Views

Community Details

  • Cadenhead Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 & 9 / 1
  • Assessor Parcel Number 31392800003001000008.0

Property Details

Property Type

Land

Est. Annual Taxes

$236

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.28
  • Lot Size: 0.28
  • Road Surface Type: Paved
  • Subdivision Name: Cadenhead
  • Directions: US Hwy 1 north of CR 512, turn left (west) on 87th, turn right (north) on 50th Avenue.
  • Attribution Contact: 772-231-4880
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial
  • Living Area: 12500.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Split Possible
  • 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: 12500.0
  • Number Of Lots: 2
  • Parcel #: 31392800003001000008.0
  • Zoning Description: Commercial
  • Zoning: , CG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 236.0
  • Tax Block: 1
  • Tax Lot: 8 & 9
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Apr 4, 2022
Sold by
Wittenrich and Sarah
Bought by
Wabasso Properties Llc
Seller's Agent
Jeff Luther
Coldwell Banker Paradise
Buyer's Agent
Gary Farless
Farless Properties LLC
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$113,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,000

Purchase Details

Closed on
Oct 22, 2003
Sold by
Polce Joseph J
Bought by
110 Pride

Purchase Details

Closed on
Jul 1, 1999
Sold by
Polce Joseph J
Bought by
Polce Joseph J
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
Wabasso Properties Llc $65,000 Elite Title Of The Treasure Co
110 Pride $325,000 --
Polce Joseph J -- --
Polce Joseph J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $65,000 0.0% $5 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $65,000 -- $5 / Sq Ft
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 $151 $10,625 $10,625 --
2023 $149 $10,625 $10,625 $0
2022 $112 $7,969 $7,969 $0
2021 $116 $7,969 $7,969 $0
2020 $118 $7,969 $7,969 $0
2019 $122 $7,969 $7,969 $0
2018 $124 $7,969 $7,969 $0
2017 $126 $7,969 $0 $0
2016 $127 $7,970 $0 $0
2015 $133 $7,970 $0 $0
2014 $124 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Luther

    Seller's Agent in 2022

    Jeff Luther

    Coldwell Banker Paradise

    (772) 321-5804

    1 in this area

    11 Total Sales

    Jeff Luther
    Section Image
  • Gary Farless

    Buyer's Agent in 2022

    Gary Farless

    Farless Properties LLC

    (772) 713-0701

    1 in this area

    95 Total Sales

    Gary Farless
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 250492

APN: 31-39-28-00003-0010-00008.0

Florida Indian River County Sebastian 32958 Wabasso

8725 50th Ave, Sebastian, FL

This home is located at 8725 50th Ave, Sebastian, FL 32958 since 26 January 2022 and is currently priced at $113,000, approximately $9 per square foot. 8725 50th Ave is a home located in Indian River County with nearby schools including Pelican Island Elementary School, Storm Grove Middle School, and Sebastian River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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