$499,999
1654 N CENTRAL Avenue
PLAT OF WAUREGAN
Explore the area: Sebastian homes for sale · Indian River County real estate
Price Check
How this price compares
- List price
- $499,999
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 28
This lot in ZIP 32958 is listed at $499,999. It has been on the market for 28 days.
Estimated monthly payment
$2,628 /mo
Principal and interest only, based on $100,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $499,999
- Days on Site
- 28 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.99 Acres
- Property Type
- Land
- MLS #
- B26069241
- Property Tax
- $3,058 (2025)
- Subdivision
- PLAT OF WAUREGAN
- County
- Indian River
- Status
- Active
- Special Conditions
- Standard
About This Property
RARE RESIDENTIAL + COMMERCIAL OPPORTUNITY IN SEBASTIAN! Bring your vision to 1654 N Central Avenue, a unique vacant-land opportunity located in Sebastian's distinctive riverfront area. Featuring Commercial Waterfront Residential (CWR) zoning and a Riverfront Mixed-Use Future Land Use designation, this property offers exceptional versatility for homeowners, builders, investors, entrepreneurs and developers. The CWR district is designed to accommodate a mixture of residential, commercial and recreational uses. Permitted uses include single-family, duplex and multiple-family residential development up to 8 units per acre, as well as certain retail, restaurant, marina and marine-related uses, subject to applicable development standards. Certain additional uses, including hotel/motel and bed-and-breakfast, may be considered as conditional uses subject to City approval. Located within the Riverfront Overlay District, the property is conveniently positioned near US-1, Sebastian's waterfront, marinas, restaurants and the charm of this Old Florida riverfront community. The sellers have completed substantial due diligence with documentation available for review, including survey and environmental information. Whether your vision is residential, commercial or investment-oriented, this is more than vacant land — it's an opportunity to bring a vision to life in one of Sebastian's unique mixed-use locations. Buyer and Buyer's Agent are responsible for conducting their own due diligence and independently verifying all information material to Buyer's intended use, including but not limited to zoning, permitted and conditional uses, density, development requirements, setbacks, utilities, environmental conditions, impact fees and all required governmental approvals. Bring your vision and explore the possibilities!
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- West
- Lot Size (Acres)
- 0.99
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- CWR
Exterior Features
- Lot Features
- City Lot / Interior Lot / Irregular Lot / Other / Many Trees
Community & HOA
- Utilities
- Sewer Available / Water Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 6351 - Sebastian (IR)
Schools
- Elementary School
- Sebastian
- Middle School
- Sebastian River
- High School
- Sebastian River
About the Area
- Homes for Sale
- 81
- Under Contract
- 25
- Median List Price
- $381,450
- Median Sale Price (September)
- $349,500
- Median $/Sq Ft
- $210
- Avg Days on Market
- 127
Frequently Asked Questions
- How do I schedule a tour of 1654 N CENTRAL Avenue, Sebastian, FL 32958?
- Use the Tour button on this listing to request a showing of 1654 N CENTRAL Avenue, Sebastian, FL 32958. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1654 N CENTRAL Avenue, Sebastian, FL 32958 still available?
- 1654 N CENTRAL Avenue, Sebastian, FL 32958 is currently listed as Active, and has been on the market 28 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1654 N CENTRAL Avenue, Sebastian, FL 32958?
- With 20% down ($100,000) on the $499,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1654 N CENTRAL Avenue, Sebastian, FL 32958 is about $2,628/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1654 N CENTRAL Avenue, Sebastian, FL 32958?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1654 N CENTRAL Avenue, Sebastian, FL 32958. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1654 N CENTRAL Avenue, Sebastian, FL 32958?
- 1654 N CENTRAL Avenue, Sebastian, FL 32958 is zoned for Sebastian (elementary), Sebastian River (middle), Sebastian River (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1654 N CENTRAL Avenue, Sebastian, FL 32958?
- Often, yes. The right offer on 1654 N CENTRAL Avenue, Sebastian, FL 32958 depends on how it's priced against comparable land sales in Sebastian, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of CGI Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$499,999
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Listed by Yadhyra Yacovone, CGI Realty
Map & Location
Cities in Indian River County
Zip Codes in Indian River County
Property Types
Recent Sales
Recently sold homes in ZIP 32958
These are the last 6 recorded closings in ZIP 32958, with the price each home actually sold for rather than what it was listed at. They closed at a median of $242 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$245,000
Sold · October 13, 2026
642 Nobles Street
2 bed · 2 bath · 1,641 sqft · $149/sqft
$30,000 under the asking price
Sold$499,000
Sold · October 5, 2026
698 Fischer Drive
3 bed · 2 bath · 1,858 sqft · $269/sqft
Sold$300,000
Sold · October 1, 2026
722 Wentworth Street
3 bed · 2 bath · 1,297 sqft · $231/sqft
$19,900 under the asking price
Sold$425,000
Sold · October 1, 2026
1489 Bevan Drive
4 bed · 2 bath · 1,754 sqft · $242/sqft
Sold$390,000
Sold · September 25, 2026
814 Floraland Avenue
3 bed · 2 bath · 1,534 sqft · $254/sqft
Sold$445,000
Sold · September 25, 2026
444 Rolling Hill Drive
3 bed · 2 bath · 2,073 sqft · $215/sqft
$24,900 under the asking price
See every recorded sale in ZIP 32958 or find out what your ZIP 32958 home is worth.




