For Sale
$499,900

1545 Us Highway 1Sebastian, FL 32958

Two-building income property on US Hwy 1

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 1545 US Highway 1 in Sebastian, Florida (zip code 32958), presents a lucrative investment opportunity. The property boasts a total of 2,339 square feet, divided into two separate buildings. The front building comprises 1,307 square feet, while the rear building offers 1,032 square feet. Both units are currently rented on a month-to-month basis, providing immediate income potential. Built in 1925, this property benefits from its high-visibility location directly on US Highway 1, ensuring significant daily traffic exposure. Ample parking is available, including paved and grassed lots, as well as convenient street parking. The property's strategic location offers easy access to various dining options, including Captain Hiram's Resort, situated directly across the street. This presents a unique chance to own a well-positioned, income-generating property in a desirable location, allowing for the flexibility to rent both units or occupy one while offsetting expenses with rental income from the other. The asking price is $499,900. The lot size is not specified.

Property Details for 1545 Us Highway 1

Property type
Mixed-use properties
Square Feet
2,339 SF
Year Built
1925
Units
2

Location Insight

City
Sebastian
County
Indian River
State
Florida
Latitude
27.8212065
Longitude
-80.4726944
1545 Us Highway 1, Sebastian, Florida

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1545 Us Highway 1
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