Affordable Homes in Sebastian Florida

Moving to the East Coast? Here are some budget friendly houses in the best neighborhoods

Are you searching for an affordable home in Sebastian Florida or are just curious what your money can get in here? If so, this video is perfect for you. I'll cover all the essential details for purchasing a budget-friendly home in Sebastian, and we will take a look at some affordable properties currently on market. First, we will explore properties under 200,000, then the 200 to $300,000 range, and the 3 to $400,000 range. We'll finish by looking at some affordable new construction opportunities. This video is packed with valuable information, so sit back, relax, and enjoy. Hey, everyone! I'm Spencer Bailey, a local realtor here on Florida's East Coast. In my recent video, I showcased multi-million-dollar new construction homes on the island. Today, I'm focusing on those with a more modest budget. Not everyone has a million dollars lying around—myself included—so I'm right there with you. I recently purchased in the mid $300,000 range, providing a unique perspective as both a local realtor and someone who's been through the home-buying process in this price range. Now, let's dive into our first set of properties under 200,000. 

0-200k: 

In Sebastian, there are currently 4 properties under 200,000—3 condos and 1 mobile home. If you're not into condos or mobile homes, scroll down to the next section of this article. 

The 3 condos under 200,000 are in the gated community of Sebastian Lakes. The lowest-priced unit is 189,000, offering a two-bedroom, two-bathroom unit with 960 square feet. Check out these photos to get an idea of what you can get for that price point. The condominium community offers tennis, pickleball, bocce courts, a clubhouse, a fitness center, and a heated pool. 

Keep in mind; there's a monthly fee of roughly 500, covering trash removal, sewer, water, cable TV, lawn care, master insurance, and access to the clubhouse and amenities. 

Moving on, let's briefly discuss mobile homes in Breezy Village. It's a 55+ mobile home community. Currently, there are no active listings under 200,000, but 3 mobile homes are pending under 200,000. Here are some pictures to showcase what you can get there. The mandatory monthly fee here is only $50, making it great for someone in retirement on a fixed income. 

There's also a mobile home in Orange Heights priced at 200,000. It's a one-bedroom, one-bathroom home with 728 square feet. This property is not in an HOA, so no mandatory monthly fees. 

 200k-300k

So, that’s what’s available under 200k. Now, let's shift our focus to what you can get in the 200-300k price range. In this price range, we have single-family detached homes, as well as condos and mobile homes. Starting with single-family homes, there are currently 7 different options available in the Sebastian Highlands. These homes range from a quaint 2-bedroom, 2-bath frame home with 988 square feet for 210 thousand to a three-bedroom, 2-bathroom concrete block home with 1224 square feet for 299k. The home for 299 thousand, built in 2002, features a brand-new roof, brand new AC, 2023 appliances, and a fully fenced-in private backyard with a storage shed. This is one of the better deals I've seen in the Sebastian Highlands. If you're interested, reach out, and we can discuss further. Other options in this price range include a three-bedroom, 2-bath frame home with 1200 square feet. It has a 2022 roof and new kitchen cabinets and countertops. Additionally, there's a three-bedroom, 2-bathroom frame home with 1326 square feet. This renovated home features brand new vinyl flooring, a fenced-in backyard, a new updated kitchen, and a brand-new roof  There's also that 2-bed, 2-bath home with 988 square feet for 210 thousand. This home is listed as coming soon, so there's not a lot of information, but it would work well for someone who doesn't need a lot of space and is looking for a lower-priced option. Real quick, let's talk about condos in this price range. In this price range for condos, you still have the community we discussed earlier, Sebastian Lakes. Now, as we expand into the mid to high 200 thousands, you can also consider Reflections on the River and Pelican Pointe. For Reflections on the River, you are located right on the Indian River lagoon and have access to the community dock. If you have a boat, this is a huge plus. Units here are right around 1200 square feet with two bedrooms and two bathrooms. Some amenities include a community pool, clubhouse, tennis courts, billiards room, and, as mentioned earlier, a community boat ramp. The monthly HOA fee here is a little higher at 728. However, it covers cable TV, common area insurance, sewer, trash, water, and access to the clubhouse. For Pelican Pointe Condominiums, the available unit for 260 is a two-bedroom, 2-bath with 1060 square feet. This community has resort-style amenities like the last communities we talked about, and it also stands out as it has a small community golf course. 

300k - 400k

Moving on to the three to $400,000 price range, we have a lot more options to choose from. Most of the properties are going to be in the Sebastian Highlands and in a non-gated neighborhood.  

However, in this price range, we're going to see a few that pop up in gated neighborhoods, and we'll go over those in a second. You're also going to be able to choose from a few different new construction options that I’ll go over as well. 

In this price range, we're going to see more concrete block homes become available, offering more square footage, more bedrooms, newer homes, and some properties with pools as well. Take, for example, this four-bedroom, 2-bathroom home with 1572 square feet in the Sebastian Highlands priced at 320 thousand.  

This house has a pool in the backyard, a 2024 roof, and a large updated kitchen with granite countertops and stainless steel appliances. Pools cost a lot nowadays, so the fact that you can get a good-sized home that has four bedrooms, a new roof, and a pool for under 320,000 is pretty incredible for our current market. Keep in mind; this is still a frame home, so that is something to consider. 

If there's no way you're considering a frame home and you’re set on getting a concrete block home, here are the options you have in this price range. 

One unique property that stands out in this list is the property off Bay Harbor. This property has a garage conversion, so you get more square footage and an extra bed and bathroom. This is a four-bedroom, three-bathroom home that is 2477 square feet and has 2 owner suites. For those who don't know, owner suites are when the bedroom attaches directly to the bathroom.  

This is a really nice touch for your guests as they won't have to walk out of their private room to go to the bathroom. There is also a nice covered lanai out back, where you can have a nice coffee and enjoy the weather. For someone who doesn't really care for a garage and likes the extra space and the extra bed and bathroom, this would be a perfect option. 

As I mentioned earlier, you now will start having options in gated communities in this price range as well, such as Collier Club and Sebastian River Landing. Collier Club and Sebastian River Landing are going to be Sebastian’s two biggest gated communities. I've sold and bought homes in both, and let me tell you they're very nice family-friendly gated neighborhoods in Sebastian. 

In Sebastian River Landing, we have two options in this price range, both four-bedroom, two-bathroom homes. One was built in 2013 with 1983 square feet, with a nice fenced-in backyard, while the other property was built in 2005, has 1912 square feet, and has a nice screened-in lanai with a garden in the backyard. 

For Collier Club, we have one option available, and that is a three-bedroom, two-bathroom home with 2140 square feet. This home also has a covered lanai and backs up to the Sebastian municipal golf course, so you have no neighbors and wide-open space behind you. 

In my opinion, Sebastian River Landing has bigger homes, and the community is geared more towards families. A lot of the homes there are two stories to accommodate those large families. Collier Club, on the other hand, opts for smaller homes but better appointed and more upgrades, and it tends to cater to the older homeowners. The HOA fees for Sebastian River Landing are around $53 a month, while Collier Club's monthly fees are $82. 

New Construction: 

Like I said earlier, in this price range, you're going to get introduced to new construction, which has been a very popular choice recently with rates being as high as they are. This is the route I ended up going, and I built the Cali model with Dr. Horton. With Dr. Horton, you get $18,000 towards your closing costs, and they offer you a stellar interest rate. I was able to lock in a 4.99% interest rate when rates were floating around 7.5%, so it was a no-brainer to me. If you're heavily considering new construction, I'd watch the video I made of my experience building new construction with DR Horton and the pros and cons I had throughout the entire process. I'll leave the video in the top right corner for you to watch. 

On individual lots in Sebastian, Dr. Horton only builds Cali model homes, which is a four-bedroom, two-b athroom home with 1828 square feet. This is the floor plan that I bought, and I absolutely love it. It is a very common floor plan throughout Florida. Here are all the Cali model floor plans that Dr. Horton is planning to build in Sebastian. 

You'll also have lower-priced new construction options, such as this property off New Hall Terrace, built by Holiday Home Builders. It's a two-bedroom, two-bathroom concrete block home that has 1239 square feet and a one-car garage. This home is priced at $328,000, and that includes the lot, so you won't pay extra for that. 

There's another new construction opportunity off 130th St. This is a three-bed, two-bath home with a one-car garage and 1197 sqft, on an oversized 0.3-acre lot. 

Another area with a lot of new construction happening is Vero Lake Estates. Although technically not Sebastian, it borders Sebastian and is a very short drive away. In general, this area has more affordable homes. 

 A home that would sell in Sebastian for $350,000 probably would go for around $325,000 here in Vero Lake Estates. Vacant land prices are also around half the cost as they are in Sebastian. Quarter-acre lots in Sebastian can go from $60,000 to $80,000 depending on location, and in Vero Lake Estates, it's closer to $30,000 to $40,000 for a quarter-acre lot. 

So, everyone, that is what Sebastian has to offer when it comes to affordable homes. I didn't go over every single property or community, but hopefully, I gave you a good idea of what your money can get you here in Sebastian, Florida.  

Of course, if you have any questions, please feel free to give me a call anytime. 

 Spencer.Bailey507@gmail.com
507-951-2934