SEBASTIAN HIGHLANDS UNIT 1

518 Balboa Street, Sebastian FL 32958

2 beds · 2 baths · 1,368 ft²

Closed

$2,000

Est. Payment $11/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,368

Sq. Ft.

1985

Year Built

Garage

Stories

Days on Market

Description

Welcome to the heart of Sebastian, Florida! This charming 2-bedroom, 2-bath residence offers 1,368 sq. ft. of comfortable living space on a spacious quarter-acre lot, nestled on a peaceful street that provides privacy while keeping you close to the vibrant local scene. Step outside and discover the perfect location—just a short stroll to Riverview Park, Main Street, the boat ramp, and an array of delightful shops and restaurants overlooking the Indian River Lagoon. Everyday conveniences like Publix, Walmart, and quick access to I-95 are just minutes away. A bonus space off the kitchen can be easily utilized as extra living, a home office space, or hobby area to suit your unique needs. This home boasts thoughtful features like crown molding, a split floor plan, a spacious galley kitchen ...with a pantry, new stainless steel GE and Whirlpool appliances, ample garage storage, and a backyard surrounded by lush, mature landscaping. Home has been virtually staged.

Facts

MLS#: R11085504
Subdivision: SEBASTIAN HIGHLANDS UNIT 1
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: 1985
Lot Size: 0 sqft
Sq. Ft.: 1,368 ft²
Sq. Mt.: 127 m²
Price per sq. ft.: $1/ft²
Price per sq. mt.: $16/m²
Stories: 1
Garage: 2 spaces
Pool: —
Days on Market: 6 days
Listed: Apr 28, 2025
Last Updated: Jun 7, 2026
Price/Lot Sq.Ft.: —

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Market insights for Sebastian

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/7/2026	Sold	$2,000
4/28/2025	Listed for sale	$2,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

518 Balboa Street, Sebastian FL 32958Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Sunlight Christian Academy Upper School, PGA Village
6,7,8,9,10,11 · private · 0.4 mi
Homebound Program
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.4 mi
Baron Academy
1,2,3,4,5,6 · private · 0.4 mi
Barnabas Christian Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Grace Christian Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12,UG · private · 1.5 mi
Grace Christian Academy of St. Lucie County, Inc
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12,UG · private · 1.5 mi
Allapattah Flats K-8
PK,KG,1,2,3,4,5,6,7,8 · public · 1.8 mi
St. Lucie Virtual Instruction Program
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 1.8 mi
Manatee Academy K-8
KG,1,2,3,4,5,6,7,8 · public · 2.0 mi
Kidzone Preschool Academy
PK,TK,KG,1,2,3,4,5 · private · 2.4 mi

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$6,667

gross income / month to qualify

Monthly rent$2,000

Required annual income$80,000

Security deposit (est.)$2,000

Move-in cost (1st + last + security)$6,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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