1545 Highway 1

Sebastian, FL 32958

$599,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This is a great opportunity to own two separate buildings for great income potential right on US HWY 1, with great visibility and high daily traffic. Rent both units or use one and rent the other to offset your business expenses. Front unit is 1307 sqft, currently rented month to month, back unit is 1032 sqft, currently rented month to month. There is tons of parking in paved and grassed lots as well as street parking. Walk to grab lunch at various tiki bars and restaurants including Captain Hirams...This is a great opportunity to own two separate buildings for great income potential right on US HWY 1, with great visibility and high daily traffic. Rent both units or use one and rent the other to offset your business expenses. Front unit is 1307 sqft, currently rented month to month, back unit is 1032 sqft, currently rented month to month. There is tons of parking in paved and grassed lots as well as street parking. Walk to grab lunch at various tiki bars and restaurants including Captain Hirams resort right across the street.
  1. Listed by David Russotti • Russotti Group

Property Details for 1545 Highway 1

Subdivision
MIDDLETONS SUB OF CITY OF SEBASTIAN
Waterfront
No

Location

Listing Courtesy of Russotti Group
Add your commute
LISTING UPDATED: 04/01/2024 07:33 PM

Property Details for 1545 Highway 1

StatusActive
MLS #RX-10973664
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial/Industry / Mixed Use
Year Built1925
Lot Size-
CountyIndian River County

Location

Listing Courtesy of Russotti Group
Add your commute

Building Information for 1545 Highway 1

Stories-Residences-Year Built1925Lot Size-

Payment Calculator

$3,613 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$339

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1545 Highway 1

Summary
Location and General Information
  • Directions: On West side of US1 Near Captain Hirams
  • Geo Area: IR52
  • Street Number: 1545
  • Subdivision Complex Bldg: MIDDLETONS SUB OF CITY OF SEBASTIAN
  • Municipal Code: Sebastian
  • State: FL
  • City Postal ID: 32958
  • MLS Area: 6352 - Sebastian County (IR)
  • MLS Sub Area: IR52
Taxes and HOA Information
  • Comm/Trans Brk: 3%
  • Tax Year: 2023
Property
Lot Information
  • Area: 6352 - Sebastian County (IR)
  • Parcel ID: 31390600001003000003.0
  • Property Group ID: 19990816212135227274000000
  • Square Ft Source: Tax Rolls
  • Zoning: CR
Property and Assessments
  • Acres: 0.43
  • For Sale: Yes
  • Legal Desc: MIDDLETONS SUB OF CITY OF SEBASTIAN PBI 2-56 LOT 3 BLK 3 LESS HWY R/W AS IND BK 112 PP 113 & TB HICKS SUB PBS 3-22 N 3
  • Legal Description: MIDDLETONS SUB OF CITY OF SEBASTIAN PBI 2-56 LOT 3 BLK 3 LESS HWY R/W AS IND BK 112 PP 113 & TB HICKS SUB PBS 3-22 N 3
Utilities
  • Utilities: Electric, Septic
Interior and Exterior Features
Interior Features
  • Roof: Aluminum, Flat Tile, Mixed
  • Cooling: Central
  • Flooring: Wood Floor
  • Heating: Central
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Tenant Pays: None

Property History for 1545 Highway 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1545 Highway 1

Taxable ValueLand$126,140Additions$73,517Total$199,657
Tax Record2023$4,068 ($339 / month)
Home Facts
Total Finished SqFt2,339 SqFtAbove Grade Finished SqFt2,339 SqFtStories1Lot Size18,731 SqFtStyleStoresYear Built1925Year Renovated1985ZoningCRCountyINDIAN RIVERAPN31-39-06-00001-0030-00003.0

Schools near 1545 Highway 1

This home is within Indian River.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Sebastian Elementary School
PublicK to 5

Sebastian River Middle School
Public6 to 8

Sebastian River High School
Public9 to 12

Sebastian Charter Junior High School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1545 Highway 1 is a mixed use property for sale in Sebastian, FL 32958. This property was listed for sale on April 1, 2024 by Russotti Group, it's currently listed at $599,900. It has been on the market for a total of 28 days and was last sold on March 25, 2003. This listing's school district is Indian River. Nearby schools include Sebastian Elementary School, Sebastian River Middle School and Sebastian River High School. 1545 Highway 1 is a 0-bed, 0-bath, mixed use property built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Russotti Group

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.