Welcome to a rare opportunity in the heart of Sebastian, FL!. PRICE RECENTLY REDUCED. This 8.01-acre vacant lot is a blank canvas, cleared and ready for your visionary touch. Situated right off US-1, the property’s location is convenient and strategic. Boasting an ideal multi-family zoning, this property is perfectly suited for building townhomes that cater to the growing demand for modern, upscale housing in the area. Seize this incredible chance to make your mark on the thriving real estate landscape. Investors, developers, and those with a vision for excellence - don't miss out on this opportunity! Plans and surveys available. Plans for 60 townhomes. Three contiguous lots for sale. Parcel ID# 31390600000500000016.0 & 31390600000500000027.0 & 31390600000500000028.1.