HomeMy WebLinkAboutProperty Appraisal InformationSEBASTIAN
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CITY COUNCIL AGENDA TRANSMITTAL
Council Mectin_ 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.
Backeround: 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 affordable/workforce 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 Asenda Item Reuuires 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 Dep4rtment R iew:
City Attorney Revi
Procurement Divisi view, if applicable: Ny
City Manager Authorization:
Date: 7�/7/iv;tY
Indian River County Property Appraiser
PROPERTY APPRAISAL INFORMATION 2024
2024-0-23614-186661
PROPERTY 23614 R COMM 10/20/2015 OWNER ID:
CITY OF SEBASTIAN TAX AREA: 2
IMPROVEMENT VALUE
0
Legal Description 186661
1225 MAIN ST .23614
LAND MARKET +
62,263
SEBASTIAN HIGHLANDS UNIT 11 BLK 347 TRACT E PBI
SEBASTIAN, FL 32958
TOTAL MARKET VALUE _
—
62,263
7-56A
ACRES: 2.9300
AG VALUE =
0
APPR VAL METHOD: Cost
PRODUCTIVITY LOSS =
0
SOH %: 0.00
ASSESSED VALUE =
62,263
31382500001347000000.1
DBA:
NSOH 54 %: 0.00
EXEMPTION VALUE =
62,263
SITUS CONCHA DR SEBASTIAN, FL 32958
NSOH 55 °/ : 100.00
TAXABLE VALUE =
0
GENERAL
SKETCH INFORMATION
EXEMPTIONS
UTILITIES LAST APPR. DTR
EX-LGVT
Local government property exemption
TOPOGRAGPHY LAST APPR. YR 2020
ROAD ACCESS LAST INSP. DATE 06/08/2020
ZONING PS NEXT INSP. DATE
PICTURE
PRIMARY USE 8900 # OF IMPRV
NEXT REASON
REMARKS
BUILDING PERMITS
ISSUE DT PERMIT TYPE PERMIT AREA ST PERMIT VAL
SALES INFORMATION
d3/01/1992 100 GENERAL DEVELOPM[WD / 92812018
REGION: SUED: NSHD SUBSET: IMPROVEMENT VALUATION LIVING AREA: APPRISOFT: SALEMOFT: &USE: IMPROVEMENT FEATURES
M TYPE SHAPE MTHD CLAS31SUB Quality I .. I AREA UNIT PRICE UNITS SUM1 ECON FUNC COMP ADJ ADJVALUE
UE'".'[ TIOII .POTS CODE IOESCRIPTI01 WITS CODE
REGION: SURD: 310821 (100 NBHD: 14000111.00 (SS%) SUBSET: LAND VALUATION IRR Wens: Ca".W. IRR Ams: OS Wens: PRODUCTIVITY VALUATION
LS 0 . I , P/ LU . :Ls TAB .. / [En WITS UNIT . . DJ LAND AD. s NKT FVAL AG ACRES AG USE AG TABI.. LG . G VALUE
1 Acre PS 89A SPECIAL N A 2.9300 AC 25,000.00 73,250 1.00 0.85 A 62,263 N 0.00 0
Land Total: 62,263
2.9300
62,263
Page 1 of 1 Effective Date of Appraisal: January Date Printed: 07/12/2024 7:35:21PM by PacsCommand WebID-23614