Unlock the potential of Prime Commercial real estate. This vacant lot offers a strategic location along a bustling thoroughfare, presenting a golden opportunity for savvy investors and entrepreneurs alike. Zoned CH multiple uses, automotive, laundromat, storage facility, office and more. 100+/- US 1 frontage. Sizes approx./subj. to error.
Property Details
Property Features
Listing Office:
Office Name: Dale Sorensen Real Estate Inc.
Office Phone: (772) 231-4712
Listing Agent: Matilde G Sorensen
Exterior Features
Exterior Information:
View: Other
Lot Features
Lot Information:
Lot: Wooded
Other
Directions Information:
Directions: US Hwy 1 North, south of Sebastian Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $125,000
Tax Information:
Annual Amount: $1,016
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sebastian, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$691
Per Month
Principal & Interest
$624
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$441
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Sebastian Elementary School
400 Sebastian Blvd
Distance between this listing and this school0.84 miles
Public District Grades PK-5
6
/10
Pelican Island Elementary School
1355 Schumann Dr
Distance between this listing and this school2.89 miles
Public District Grades PK-5
9
/10
Liberty Magnet School
6850 81st St
Distance between this listing and this school4.30 miles
Public Magnet Grades KG-5
Nearby Schools
9
/10
Sebastian Charter Junior High School
782 Wave St
Distance between this listing and this school1.62 miles
Public Charter Grades 6-8
4
/10
Sebastian River Middle School
9400 Fellsmere Rd
Distance between this listing and this school4.16 miles
Public District Grades 6-8
4
/10
Storm Grove Middle School
6400 57th St
Distance between this listing and this school7.32 miles
Public District Grades 6-8
Nearby Schools
5
/10
Sebastian River High School
9001 90th Ave
Distance between this listing and this school4.48 miles
Public District Grades 9-12
3
/10
Indian River Virtual Instruction Program
1990 25th St
Distance between this listing and this school7.35 miles
Public District Grades KG-12
7
/10
Indian River Charter High School
6055 College Ln
Distance between this listing and this school11.84 miles
The neighbors living near this home have an average income of $45,000. The most common annual income of people living in Sebastian, FL is between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 11585 US Highway 1
What is the listing price of this property?
The listing price of 11585 US Highway 1 property is $125,000.
What type of property is this?
The property 11585 US Highway 1 is land located in Sebastian, Florida, 32958.
Is this property for sale now?
Active Listing: 11585 US Highway 1 is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,016 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 11585 US Highway 1 in Sebastian, FL and zip code 32958. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $125,000.
While more than 4 listings in Sebastian, FL in November 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 38 were sold below. Between October 2024 and November 2024, Sebastian, FL real estate market has seen increase in the number of listings by 7%. Listings spent 90 days on the market in November 2024, and had a median list price of $368,396 during the same period.
From Rocket Homes Real Estate and based on county public records data.
PGA/LPGA
PGA/LPGA
Figure Skating
Hiking/backpacking
Stein Mart
Chico's
Nordstrom Rack
Bonefish Grill
Bob Evans
Chipotle
Lincoln
Oldsmobile
Mazda
Classical
News
Rock