WOW!Nice Investment opportunity in the heart of Sebastian! 5 unit apartment complex with a 5 car garage too! Two 1 bedroom units and Three 2 bedroom units! All occupied too. Also has a shared laundry room too. Located a short walk to Sebastian's riverfront. Please 24 hrs notice to view. Nice big corner lot . 64 of a acre! Call for your own private showing of this 5 unit apartment complex.
1987Year Built
0.64 acresLot Size
$403Price/Sq.Ft.
3 car garageParking
Listed by Joseph Beaudoin• Coldwell Banker Paradise
Bought with Gayle D'Haeseleer• RE/MAX Select Group
Source:RAIRCMLS #252209
Redfin Estimate
Unfortunately, we don't have enough data to generate an accurate Estimate at this time.
WOW!Nice Investment opportunity in the heart of Sebastian! 5 unit apartment complex with a 5 car garage too! Two 1 bedroom units and Three 2 bedroom units! All occupied too. Also has a shared laundry room too. Located a short walk to Sebastian's riverfront. Please 24 hrs notice to view. Nice big corner lot . 64 of a acre! Call for your own private showing of this 5 unit apartment complex.
RENT. #1
Mar 21, 2022
Price Changed
$1,200
$1/sq ft
Beaches MLS #RX-10573493
Dec 11, 2019
Pending
—
Nov 14, 2019
Contingent
—
Nov 11, 2019
Relisted
—
Nov 6, 2019
Contingent
—
Oct 29, 2019
Listed
$479,000
$258/sq ft
RAIRCMLS #226844
Dec 23, 2019
Sold
$479,000
$258/sq ft
Dec 11, 2019
Pending
—
Nov 14, 2019
Contingent
—
Nov 11, 2019
Relisted
—
Nov 6, 2019
Contingent
—
Oct 28, 2019
Listed
$479,000
$258/sq ft
SCMLS #859394
Oct 29, 2019
Listed
$479,000
$258/sq ft
RAIRCMLS #144895
May 13, 2014
Sold
$283,000
$152/sq ft
SCMLS #324786
Aug 2, 2005
Sold
$450,000
$242/sq ft
Apr 26, 2005
Listed
$475,000
$255/sq ft
Public Records
Oct 16, 2002
Sold
$265,000
$142/sq ft
Public Records
Apr 1, 1988
Sold
$187,000
$101/sq ft
Public Records
Jun 1, 1986
Sold
$25,000
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$14,009 (+4.6%)
$47,206 + $708,483
$755,689
2024
$13,392 (+11.7%)
$47,206 + $708,483
$755,689
2023
$11,986 (+3.5%)
$47,206 + $685,985
$733,191
2022
$11,585 (+43.6%)
$47,206 + $626,143
$673,349
2021
$8,068 (+10.5%)
$47,206 + $610,616
$657,822
2020
$7,304 (+58.7%)
2019
$4,602 (+1.7%)
$41,305 + $328,860
$370,165
2018
$4,524 (+5.1%)
$27,143 + $180,542
$207,685
2017
$4,304 (+0.6%)
$27,143 + $171,336
$198,479
2016
$4,280 (+8.3%)
$27,140 + $165,100
$192,240
2014
$3,953
$27,140 + $165,450
$192,590
Tax history for 1001 Foster Rd
Year
Property tax
Land + Additions
Assessment*
2025
$14,009 (+4.6%)
$47,206 + $708,483
$755,689
2024
$13,392 (+11.7%)
$47,206 + $708,483
$755,689
2023
$11,986 (+3.5%)
$47,206 + $685,985
$733,191
2022
$11,585 (+43.6%)
$47,206 + $626,143
$673,349
2021
$8,068 (+10.5%)
$47,206 + $610,616
$657,822
2020
$7,304 (+58.7%)
2019
$4,602 (+1.7%)
$41,305 + $328,860
$370,165
2018
$4,524 (+5.1%)
$27,143 + $180,542
$207,685
2017
$4,304 (+0.6%)
$27,143 + $171,336
$198,479
2016
$4,280 (+8.3%)
$27,140 + $165,100
$192,240
2014
$3,953
$27,140 + $165,450
$192,590
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RM-8
Medium Density Multiple-Family Residential District
The RM-8 District is established to implement comprehensive plan policies for managing primarily duplex and multiple-family developments on land designated for medium density residential development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Apr 29, 2024 • Final
Plumbing
Perform plumbing re-piping for multiple residential units.
Plumbing
Sep 18, 2023 • Final
A/c changeout
Replace the existing air conditioning unit.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Bathroom Fixtures: 6
Heating & Cooling
Heating Type: Forced Air
Room Information
# of Rooms: 8
Exterior
Exterior Information
Foundation Type: Slab
Building Style Type: Multi-Family
Construction Type: Wood/Steel
Building Construction Quality: Above Average
Exterior Wall: Siding Sheathing
Roof Shape Type: Hip Wood Truss
Building Type: Apartment
Property Information
Living Sq. Ft: 1,860
Gross Sq. Ft: 1,960
Ground Floor Sq. Ft: 1,860
Building Sq. Ft: 1,860
# of Stories: 1
Stories Type: 1
Legal Description: COM AT SE COR OF NE1/4 OF SW1/4 SEC 6 TWP 313 S RGE 39 E; RUN N 740.12 FT; TH W 15.0 FT TO W R/W OF LOUISIANA AVE TO POB; TH CONT W 178.0 FT; TH S 156.00 FT; TH E 178.0 FT; TH N 156.0 FT TO POB (OR BK 740 PP 2609)
Lot Information
# of Buildings: 2
Land Sq. Ft: 27,878
Acres: 0.64
Zoning Code: RM-8
County Use Description: MULTI-FAM 2-9
State Use Description: MULTI-FAM 2-9
Financial
Assessor Information
Assessment Year: 2025
Tax District County: SEBASTIAN
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,860
Stories: 1.0
Lot Size: 0.64 acres
Style: Other
Year Built: 1987
Year Renovated: 1987
County: Indian River County
APN: 31390600000500000008.1
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Places
Transit
Sebastian Elementary School
Public PreK-5 • Assigned • 0.7mi
7/10
Sebastian River Middle School
Public 6-8 • Assigned • 4.2mi
6/10
Sebastian River High School
Public 9-12 • Assigned • 4.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 23 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Sebastian, FL • 32958
Average low and high temperatures (°F)
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79
63
75
59
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Sun exposure
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