


$595,000
0 87th Street, Sebastian, Fl 32958
Sebastian, FL 32958
Listing updated: August 25, 2026 at 3:29 PM ET
Property type
Lot size
HOA dues
About this home
This lovely acreage would make a wonderful estate for someone looking to build a beautiful home and have additional acreage that could be sold or developed., The 510 Wabasso Causeway offers boat ramps, picnic areas, restrooms and is walkable from the property. There is also an additional parcel of land which is approximately 8.56 acres parcel #31-39-28-00000-0040-00002/0 under the name of Caledonia Groves For $370,000. MLS # 1085752. Approx. 23.94 acres. in total of which about 14+ acres are buildable The zoning and Land Use is designated L-2, being medium density residential up to 6 units per acre. The two sites could possibly be developed with a maximum of 142 residential units. An environmental assessment by Toland Environmental Consulting dated July 15, 2025 is available for one's review. Utilities to the site include water, sewer, telephone and electricity. Onsite improvements would be development of infrastructure and residential units.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Status: ActiveAug 21, 2026
- Listed$595,000Aug 21, 2026
- Price increased$595,000
Documents
Facts & features
- Property type
- Land
- Sub type
- Unimproved Land
- Status
- Active
- Subdivision
- None
- County
- Indian River
- Lot size
- 669,953 sq ft
- Parcel #
- 31392700003002000001.0
- MLS #
- 1085657
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Listing Details
- Listing date
- 2026-08-21
- On market date
- 2026-08-21
- Original list price
- $595,000
- Status changed
- 2026-08-21
Location
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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