Build your dream home on this 0.27-acre vacant residential lot at Sebastian Highland. Offers city water, this spacious homesite with no known environmental issues, offering a smooth path to new construction. Surrounded by well-maintained, quality homes in an established neighborhood, and with few lots remaining in the area, this is a rare opportunity. Conveniently located near shopping, dining, riverfront parks, and Sebastian’s beautiful beaches, ideal for a primary residence or investment.
Vacant landProperty Type
0.27 acresLot Size
$395,168Price/Acres
Listed by Asher Abadi• UDI LLC
Bought with Jay Garick• Adnoram Realty
Source:Beaches MLS #F10555031
Redfin Estimate
$106,695
$99K since sold in September 2026$2,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 68.6% lower than the average sale price ($340K) of 6 comparable homes.
Build your dream home on this 0.27-acre vacant residential lot at Sebastian Highland. Offers city water, this spacious homesite with no known environmental issues, offering a smooth path to new construction. Surrounded by well-maintained, quality homes in an established neighborhood, and with few lots remaining in the area, this is a rare opportunity. Conveniently located near shopping, dining, riverfront parks, and Sebastian’s beautiful beaches, ideal for a primary residence or investment.
Public Records
Feb 26, 2026
Sold
$75,000
Public Records
Mar 30, 1999
Sold
$5,500
Public Records
Jul 1, 1995
Sold
$15,100
Year
Property tax
Land + Additions
Assessment*
2025
$758 (+8.7%)
2024
$697 (+8.0%)
2023
$645 (+25.1%)
2022
$516 (+11.2%)
2021
$464 (+10.8%)
2020
$419 (+11.3%)
2019
$376 (+6.2%)
2018
$354 (+30.7%)
2017
$271 (+10.6%)
$14,688
2016
$245 (+18.9%)
$11,750
2014
$206
$10,280
Tax history for 557 Drawdy Way
Year
Property tax
Land + Additions
Assessment*
2025
$758 (+8.7%)
2024
$697 (+8.0%)
2023
$645 (+25.1%)
2022
$516 (+11.2%)
2021
$464 (+10.8%)
2020
$419 (+11.3%)
2019
$376 (+6.2%)
2018
$354 (+30.7%)
2017
$271 (+10.6%)
$14,688
2016
$245 (+18.9%)
$11,750
2014
$206
$10,280
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS-10
Single-Family Residential District
The RS-10 District is established to implement comprehensive plan policies for low-density residential development on lots of 10,000 sq ft.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Property details
Exterior
Property Information
Subdivision Name: SEBASTIAN HIGHLANDS
Legal Description: SEBASTIAN HIGHLANDS UNIT 02 BLK 59 LOT 8 PBI 5-37
Lot Information
Land Sq. Ft: 11,761
Legal Lot Number: 8
Legal Block Number: 59
Acres: 0.27
Depth Footage: 147.86
Front Footage: 80
Zoning Code: RS-10
County Use Description: RESID-VACANT
State Use Description: RESID-VACANT
Financial
Assessor Information
Assessment Year: 2025
Tax District County: SEBASTIAN
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.27 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Indian River County
APN: 31380100003059000008.0
Home facts updated by county records on Sep 17, 2026
Around this home
Schools
Sebastian Elementary School
Public PreK-5 • Assigned • 0.6mi
7/10
Sebastian River Middle School
Public 6-8 • Assigned • 2.9mi
6/10
Sebastian River High School
Public 9-12 • Assigned • 3.4mi
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 106° 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)
70
52
75
57
80
63
82
68
88
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93
76
92
76
88
76
84
73
79
63
75
59
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 24% for direct sun exposure in Sebastian. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.