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Offered at $499,999Active
beds
—
baths
0
sq ft
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Built
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1654 N CENTRAL Avenue

Sebastian, FL 32958

About this home

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!

Listing last checked: Listing updated:

Listed by Yadhyra Yacovone · CGI Realty · MLS #B26069241

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Details at a glance

Building1 property facts
Style
Unimproved Land
Land & utilities4 property facts
Lot size
0.99 acres
Water
Public
Sewer
Public Sewer
Zoning
CWR
Financial2 property facts
Annual taxes
$3,058
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $499,999 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,783 / monthAdjust
Principal & interest
$2,528
Property tax
$255
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,058. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Ter

    $700,000 · Apr 14, 2026

More property insights

Comparable properties 3 supplied

Sold Jul 8, 2026

$450,000

213 SE Bella Strano

Sold Aug 6, 2026

$500,000

4655 SW Stoneybrook Way

Sold Jul 29, 2026

$450,000

0 SW Carrier Street

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About 1654 N CENTRAL Avenue

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Request a tour of 1654 N CENTRAL Avenue and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.