NOT LISTED FOR SALE

9757 N Us Highway 1 Sebastian, FL 32958

Estimated Value: $2,715,513

22 Acres
$123,432 Price per Acre
958,320 Sq Ft Lot

Last Sold December 21, 2021

Last sale price $3,450,000

Est. 21% decrease in value since last sale

Current estimated payment $16,734/month

659 Days on Market

Highlights

  • 22 Acre Lot
  • Additional Land
  • Views

About This Lot

As of December 2021

Excellent Multi-Family/Commercial Site-Sell Outparcels to Recoup Land Cost! Possible Owner Financing. U.S. 1 and Vickers Rd frontage & Access. High Growth Location. OWNER MAY DIVIDE. $4.75 PSF Additional 4 Acres available, making maximum units be 312 units rezoning. SEE MLS #237103 FOR MULTIPLE LAND USE.

Last Agent to Sell the Property

Ron Lambert

Lambert Commercial Real Estate License #0531778 Listed on: 01/31/2020

Last Buyer's Agent

Ron Lambert

Lambert Commercial Real Estate License #0531778 Listed on: 01/31/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,141

Lot Details

  • 22 Acre Lot
  • 4 Lots in the community
  • Additional Land
  • Zoning described as Commercial,Multiple

Utilities

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

Additional Features

  • Property Views

Listing and Financial Details

  • Legal Lot and Block 17 / 1000
  • Assessor Parcel Number 31392000000100000017.0a

Property Details

Property Type

Land

Est. Annual Taxes

$28,141

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 22.0
  • Road Surface Type: Paved
  • Subdivision Name: OTHER
  • Directions: South from CR 512 to Vickers Rd (99th St.) Property just south of Vickers Rd on right.
  • Attribution Contact: 772-778-2334
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: Acreage, 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: 958320.0
  • Number Of Lots: 4
  • Parcel #: 31392000000100000017.0a
  • Zoning Description: Commercial,Multiple
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 28141.0
  • Tax Block: 1000
  • Tax Lot: 17
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Dec 22, 2021
Sold by
North Miami Beach Commerce Center Lc
Bought by
Cc Cypress Llc
Seller's Agent
Ron Lambert
Lambert Commercial Real Estate
Buyer's Agent
Ron Lambert
Lambert Commercial Real Estate
List Price
$4,552,020
Sold Price
$3,450,000
Premium/Discount to List
-$1,102,020
-24.21%
Current Estimated Value
$2,715,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$734,487
Avg. Annual Appreciation
-6.61%

Purchase Details

Closed on
Dec 30, 2004
Sold by
Llonch Leo and Llonch Eunice L
Bought by
North Miami Beach Commerce Center Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2004
Sold by
Moore William A
Bought by
North Miami Commerce Center Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 2004
Sold by
Vero Sebastian Us 1 Partnership
Bought by
North Miami Beach Commerce Center Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.63%
Mortgage Type
Unknown
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
Cc Cypress Llc $3,450,000 Rosenthal Rosenthal Rasco Llc
North Miami Beach Commerce Center Lc $1,350,000 --
North Miami Commerce Center Lc -- --
North Miami Beach Commerce Center Lc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner North Miami Beach Commerce Center Lc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $3,450,000 -24.2% --
11/21/2021 11/21/21 Pending -- -- --
01/31/2020 01/31/20 For Sale $4,552,020 -- --
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 $19,278 $1,259,624 $1,259,624 --
2023 $19,278 $1,164,428 $0 $0
2022 $16,787 $1,058,571 $1,058,571 $0
2021 $13,204 $903,590 $899,785 $3,805
2020 $13,409 $903,590 $899,785 $3,805
2019 $13,807 $902,518 $899,785 $2,733
2018 $14,010 $902,997 $899,785 $3,212
2017 $14,252 $902,757 $0 $0
2016 $14,472 $901,870 $0 $0
2015 $15,102 $901,870 $0 $0
2014 $14,025 $848,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 229625

APN: 31-39-20-00000-1000-00017.0