$585,200
Sebastian, FL 32958
MLS# R10648453
Status: Closed
4000 sqft

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Property Description
NAME YOUR OWN PRICE! For Sale ONLY at ABSOLUTE AUCTION! 4,000+/- Sq. Ft. Commercial Building on US Highway 1 in front of Walmart Shopping Center in Sebastian! Perfect for Owner/User or Investor! Selling to the HIGHEST BIDDER...REGARDLESS of PRICE!! Property Highlights Include: 4,000+/- SQ. FT. ~ Formerly a Savings Bank ~ Situated on US Highway 1 ~ Existing Drive Thru ~ Walk-in Safe and Safety Deposit Boxes ~ Ample Parking ~ GREAT Location. Potential Uses Include (but not limited to): Medical Marijuana Store, Professional Offices, Currency Exchange, Urgent Care, Preschool/Daycare, PLUS many more! Registration onsite begins at 11am with the bidding starting at Noon! Online Bidding Registration Now OPEN
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2020-08-18
Status: Closed
Original List Price: 1
Sold Price: $585,200
Current Price: $585,200
Location and Legal
County Or Parish: Indian River
County Parish Name: Indian River
Street Number: 1979
Street Name: Us Highway 1
City Name: Sebastian
State Or Province: FL
Postal Code: 32958
Area: 5940 - Other Florida County
Parcel Number: 303821000010000000262
Zoning: CR
Directions: From the intersection of US Highway 1 and Sebastian Boulevard go north on US Highway 1 for 1.4 miles. Property will be on your left. Look for signs.
Property Description: Commercial Building
General Property Information
Number Of Units Total: 1
Building Area Main: 4000
Building Area Source: Public Records
Year Built: 2000
Lot Size Area: 50094
Lot Size Acres: 1.15
Accessibility Features YN: Yes
Stories: 1
Status Change Information
Major Change Timestamp: 2020-11-11T18:07:26Z
Major Change Type: Status Change
Status Change Date: 2020-11-11
Under Contract Date: 2020-09-10
Close Date: 2020-10-15
Close Price: 585200
Buyer Financing: Cash
Auction Terms
Auction Date: 2020-09-10
Absolute: Yes
Non Published Reserve: No
Subject To Seller Confirmation: No
Online: No
Terms & Conditions Attachment: Yes
LP is the required deposit to bid on property: No
Pre-Auction: No
Live Auction Date: 2020-09-10
Post Auction Period: 2020-10-30
Auction Contact Name: Elliot Paul
Auction Contact Phone: 772-219-8448
Building and Property Details
# Of Toilets: 2
% Air Conditioned: 100
Maximum Ceiling Height: 15
Price Calculations
Current Price To SqFt: 146.3
Financial Information
Tax Annual Amount: 9325.15
Tax Year: 2019
Tax Legal Description: PLAT OF WAUREGAN ON FLEMING GRANT PBB 1-75 BEING MORE PART DESC AS FOLL; THAT PART OF S 115 FT OF LOT26 & THAT PART OF N
Originating Details
Originating System Key: 20200820194451542686000000
Originating System ID: M00000170
Property Features
Building Features: Free Standing; Lobby; Private Restroom(s); Public Restroom(s); Rear Access; Separate Office Area
Business Type: Commercial; Professional/Office; Other
Documents Available: Existing Survey
Electric: Three Phase
Flooring: Carpet; Ceramic Tile; Vinyl
Heating: Central; Electric
Location of Property: Central Business District; City Location; Shopping Center
Possession: Close Of Escrow; Negotiable
Property Condition: Resale
Sale Includes: Building; Land
Special Listing Conditions: Auction
Cooling: Central Air
Listing Terms: Cash
Traffic Type: Auto; Heavy
Roof: Composition
Security Features: None
Sewer: Public Sewer
Structure Type: Office
Water Source: Public
Showing Requirements: Appointment Only
Contingencies: None
Listing Office: Elliot Paul & Company

Last Updated: May - 23 - 2026
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