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Sebastian FL real estate is some of the best investment property available in the state of Florida. And no wonder! Centered halfway between Orlando and West Palm Beach on the East Coast, it’s a small town that has retained the charm of years gone by. Fishing, surfing and relaxing are the key words here!
Property values in Sebastian rose very quickly in 2004-2005 and then, like the rest of the country, came back down, to what we would now call normal and sustainable prices. Overall, the location, climate, job opportunity (Walmart, CVS, Harbor Branch Oceanographic Institute, Sebastian River Medical Center and more) and long term growth expectations bode well for Sebastian from an investment perspective. This quaint small town remains an attractive long acquisition and - as many people will tell you—has a very bright future ahead. It is a thriving riverfront city with real estate which many say is highly under-valued. In June 2008 the average price of a home sold in Sebastian was $183.950 with average days on market of 106 days. There were 18 homes sold, with the highest priced home sold for $410,000.
Long known as a mecca for fishing and surfing, Sebastian's locals and visitors alike can usually be found reeling ‘em in on the Indian River and in the gateways leading to the Atlantic Ocean. Excellent established restaurants and watering holes are always a draw to the waterfront, including Captain Hirams, Squid Lips and the Hula Grill. Celebrities like Arlo Guthrie, Bernadette Peters, Gloria Estefan (who just opened the hot luxury hotel Costa de Este), Sandra Bullock and John Walsh all have homes nearby and sightings are not uncommon.
This area was recently named one of the top 10 locales in the nation with the highest concentration of millionaires – yet retains its small town feel and affordability. A haven for surfers and fisherman, it is also home to wonderful theater and museum experiences. Nearby Vero Beach, once considered solely a haven for the retired ultra-rich, is now a mecca that still draws the money, but also families and vacationers, too. Just about everything here is within 15 minutes drive in any direction – pristine ocean, public and private golf courses, golf (Redstick, Bent Pine, Pointe West, Sandridge), outlet shopping (Outlet Mall at Vero Beach) and so much more. The recent opening of the North Sebastian Conservation Area offers 10 miles of trails that are designed to please everyone, even the most adventurous spirits. The conservation features boardwalks, observations decks, wetland crossings and over 400 acres of pristine viewing where wildlife abounds.
Sebastian has many communities—such as Sebastian Highlands, Collier Creek, Ashbury, Sebastian River Landings, San Sebastian Springs -- and numerous riverfront condo communities —this coastal city is a constant attraction visitors and new residents from around the world. Enjoy the numerous Festivals, indulge in one of the many diverse restaurants, or take a stroll down the boardwalk – even go skydiving!
There are many great real estate deals in this great coastal community and you need a local market expert to help scout out the best deals. Kelly Fischer is an experienced real estate professional with a full-service team of experts with decades of combined home buying and selling experience all over the country, as well as in the Vero Beach area. In the past year, they’ve overseen more than $10,000,000 of real estate transactions. For true local and knowledgeable service in Sebastian, FL Real Estate market, contact Kelly directly at 772-316-0729 .
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