Situated in the heart of Sebastian, this lot measures 80 by 125 feet and is located outside the flood zone, with no endangered species, this lot is shovel-ready and primed for development. Seller financing, Low down payments, flexible terms up to 6 years, and fixed monthly payments. Quick approval with no banks. Build equity you can later use to build your home with us. Try our payment calculator online or call us to learn more about our financing options. The City of Sebastian is located in Indian River County approximately midway between Melbourne and Vero Beach on the Treasure Coast. It is recognized as the home of Pelican Island.