HomeMy WebLinkAboutProperty Appraisal InformationSEBASTIAN
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CITY COUNCIL AGENDA TRANSMITTAL
Council Meetim. Date: July 24, 2024
Agenda Item Title: Discussion on Workforce Housing in Partnership with Indian River County
Habitat for Humanity on Surplus City Property
Recommendation: Provide direction to City Staff on the three sites that have been identified by
Staff and Habitat for Humanity as having the potential to transfer surplus City
property for the benefit of providing workforce housing.
Background: At the March 20, 2024 City Council meeting, Council directed staff to work
directly with Indian River County Habitat for Humanity to identify potential surplus properties. Following
discussion and review of approximately 96 separate parcels, Habitat for Humanity is interested in the following
properties (properties are listed in Habitat's order of interest):
1. Tuxedo Terrace 2. Concha Drive 3. Barber Street
In conjunction with Staff, to include the City Attorney, Habitat for Humanity will draft a contract between
the City of Sebastian and Indian River HFH for any or all three of the designated buildable properties
based on the direction of City Council. Any property conveyed will be deed restricted for the construction
of affordabletworkforce housing. The projects will be developed in the listed order, and would be 100%
affordable housing, single-family, owner -occupied. If at any time in the development process a property
is deemed not viable, ownership would revert back to the city. The property could not be assigned or sold,
unless to a homebuyer earning less than 80% of the area median income.
Staff is seeking approval to negotiate agreements with Habitat for Humanity for the donation of any or all
of the three designated parcels as surplus City parcels. The agreement(s) would then come back to City
Council for final review and approval prior to execution.
If Agenda Item Reouires Expenditure of Funds:
Budgeted Amount: N/A
Total Cost: N/A
Funds to Be Utilized for Appropriation: N/A
Attachments:
1. Tuxedo Terrace Property Appraisal Information
2. Concha Drive Property Appraisal Information
3. Barber Street Property Appraisal Information
Administrative Services
City Attorney
Procurement I
ifapplicable: A�k
City Manager Authorization:i f/J
Date: __ -7�/7/,1yJtY
Indian River County Property Appraiser
PROPERTY APPRAISAL INFORMATION 2024
2024-0-21602-186661
PROPERTY 21602 R COMM 10/20/2015 OWNER ID:
CITY OF SEBASTIAN
TAX AREA:
2
IMPROVEMENT VALUE
0
Legal Description 186661
1225 MAIN ST
.21602
LAND MARKET
63,495
SEBASTIAN HIGHLANDS UNIT NO 10 BLK 211 TRACT A PBI
SEBASTIAN, FL 32958
TOTAL MARKET VALUE
_ 63,495
6-37A
ACRES:
2.4900
AG VALUE
_
- 0
APPR VAL METHOD:
Cost
PRODUCTIVITY LOSS
= 0
SOH %:
0.00
ASSESSED VALUE
= 63,495
31382400001211000000.1
DBA:
NSOH 54 %:
0.00
EXEMPTION VALUE
= 63,495
SITUS TUXEDO TER SEBASTIAN, FL 32958
NSOH 55 %:
100.00
TAXABLE VALUE
= 0
UTILITIES
TOPOGRAGPHY
ROAD ACCESS
ZONING PS
PRIMARY USE 8900
NEXT REASON
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GENERAL
LAST APPR. DTR
LAST APPR. YR 2020
LAST INSP. DATE 06/08/2020
NEXT INSP. DATE
# OF IMPRV
BUILDING PERMITS
ISSUE DT PERMIT TN FIE P'ERri AREA S T PERMIT V'AL
SALES INFORMATION
,r�LEP;r PRIPF f7)3MTAR IWP)INFO
03/01/1992 100 GENERAL DEVELOPMEOI 928 2018
SKETCH INFORMATION
EXEMPTIONS
EX-LGVT Local govemmenl property exemption
PICTURE
REGION: SUED: HONG SUBSET: OM4tOVBNMVNWATION LINO AREA APPRISQFT: SALHIOiT: WfE:
IJBPROVEMENT FEATURES
., OL"i LF LENGTH VAOTH J , , iF YR CGNo Uxl AOJ VALUE
U .. .� lilYtll L'r. DE til.l4:1tr -•tIOMi .:r 91 .:IB.tl!.
REGION: SURD: 71I12~1114, New. 140MAD 11W SUBSET: LAND VALUATION SOT UNR= C0p0°I r.. UtRAC : ON WWM*. PRODUCTNRY VALUATION
I . . . .. METH I GROSS I . 11 DJ SR U. AO ACRES AO USE ACTAN UE
1 Acre PS 89A SPECIAL N A 2.4900 AC 30,000.00 74.700 1.00 0.85 A 63.495 N 0.00 0
Land Total : 63.495 2,4900 63,495 0
Page 1 of 1 Effective Dale of Appraisal: January Date Printed: 07/12/2024 7:14:55PM by PacsCommand WebID-21602