

$475,000
691 Sebastian Boulevard
Explore the area: Sebastian homes for sale · Indian River County real estate
Price Check
How this price compares
- List price
- $475,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 27
This lot in Sebastian Highlands Unit is listed at $475,000. It has been on the market for 27 days.
Estimated monthly payment
$2,496 /mo
Principal and interest only, based on $95,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $475,000
- Days on Site
- 27 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.44 Acres
- Property Type
- Land
- MLS #
- A12078841
- Property Tax
- $1,663 (2026)
- Subdivision
- SEBASTIAN HIGHLANDS UNIT
- County
- Indian River
- Status
- Active
About This Property
±0.44-acre commercial site comprising three platted lots with 120 feet of frontage on CR 512 (Sebastian Blvd). Strategically positioned between the Publix-anchored Sebastian Crossings shopping center and the US-1/Riverfront corridor. C-512 zoning permits retail, office, medical, restaurant, and other commercial uses. Surrounded by the established Sebastian Highlands residential community, providing a strong customer base. The site benefits from approximately 19,300 vehicles per day (AADT) on CR 512, according to FDOT. CR 512 serves as a direct connector between I-95 (Exit 156), with approximately 53,500–59,400 AADT, and US-1, with approximately 24,500–30,500 AADT. Excellent opportunity for developers, investors, and owner-users seeking a highly visible commercial site in Sebastian. The property's location provides convenient connectivity to major transportation routes, nearby shopping, dining, services, and residential neighborhoods. Its prominent frontage and strategic positioning make it well suited for a variety of commercial concepts and future development plans. With strong traffic exposure and proximity to established retail and residential areas, this site offers an attractive opportunity to capitalize on Sebastian's continued growth and expanding commercial activity.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Active
- Lot Size (Acres)
- 0.44
- Water Source
- Other
- Zoning
- C-512
Exterior Features
- View
- Beach
Community & HOA
- Utilities
- Sewer Available / Sewer Not Available / Water Available
- Restrictions
- City Restrictions
- MLS Area
- 6351 - Sebastian (IR)
Schools
- Elementary School
- Sebastian
- Middle School
- Storm Grove
- High School
- Sebastian River
About the Community
- Homes for Sale
- 34
- Under Contract
- 14
- Median List Price
- $381,450
- Median Sale Price (September)
- $340,000
- Median $/Sq Ft
- $215
- Avg Days on Market
- 61
Frequently Asked Questions
- How do I schedule a tour of 691 Sebastian Boulevard, Sebastian, FL 32958?
- Use the Tour button on this listing to request a showing of 691 Sebastian Boulevard, 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 691 Sebastian Boulevard, Sebastian, FL 32958 still available?
- 691 Sebastian Boulevard, Sebastian, FL 32958 is currently listed as Active, and has been on the market 27 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 691 Sebastian Boulevard, Sebastian, FL 32958?
- With 20% down ($95,000) on the $475,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 691 Sebastian Boulevard, Sebastian, FL 32958 is about $2,496/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 691 Sebastian Boulevard, Sebastian, FL 32958?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 691 Sebastian Boulevard, 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 691 Sebastian Boulevard, Sebastian, FL 32958?
- 691 Sebastian Boulevard, Sebastian, FL 32958 is zoned for Sebastian (elementary), Storm Grove (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 691 Sebastian Boulevard, Sebastian, FL 32958?
- Often, yes. The right offer on 691 Sebastian Boulevard, 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 Leoni Real Estate Corp.
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.
$475,000
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Listed by Justin Twist, Leoni Real Estate Corp.
Map & Location
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Property Types
Recent Sales
Recently sold homes in Sebastian Highlands Unit
These are the last 6 recorded closings in Sebastian Highlands Unit, 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$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
Sold$419,900
Sold · September 18, 2026
843 Vocelle Avenue
3 bed · 2 bath · 1,512 sqft · $278/sqft
Sold$295,000
Sold · September 17, 2026
110 Cardinal Drive
3 bed · 2 bath · 1,545 sqft · $191/sqft
$5,000 over the asking price
See every recorded sale in Sebastian Highlands Unit or find out what your Sebastian Highlands Unit home is worth.







