Rare opportunity! One of the few remaining undeveloped parcels to have business and residential mixed. Parcel is zoned for multi unit, retail, commercial, and residential. Build your dream home AND business on this lot, or develop into multifamily residential, or multi-unit commercial - very hard to find this type of zoning as a blank slate. Conveniently located between US 1 and Indian River Drive. Close proximity to shops, restaurants and hotels in the heart of historic waterfront Sebastian. LOT SIZE: .99 Acres with 173 ft. frontage on N. Central Ave. and 270 ft. of depth. ZONED: CWR - Commercial Waterfront Residential District. City water and sewer. Environmental, Phase 1, NO wetlands all complete and cleared to build.