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1167 Schumann Drive, Sebastian, FL, 32958

6beds
4baths
2,372sqft
$619,000
$261price/sqft
$4,903/moest. monthly cost
$196,120/yrincome needed

About This Home

Brand-new duplex coming August 2026--prime opportunity for investors and savvy house hackers. Each unit features 3 bedrooms, 2 bathrooms, a 1-car garage, impact windows, covered porch, stainless steel appliances, and city water/sewer. Live in one side and let the other help pay your mortgage or rent both for strong, consistent cash flow. Located in an established neighborhood surrounded by high-performing rentals. Builder warranty included, plus ask about no closing cost or rate buy-down options available. Lock it in early, choose your finishes, and build instant equity. More DUPLEX in the works, ask about it

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
5/10

Construction

Condition

  • Property condition: Under Construction
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Concrete

Other

  • Builder model: MAHI
  • Builder name: Groza Builders Inc

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Window features: Insulated Windows,Storm Window(s)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 3,240
  • Total interior livable area: 2,372 sqft

Property

Details

  • Parcel number: 31391900001609000005.0
  • Zoning: RM-8
  • Special condition: Standard,Listed As-Is

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio,Porch
  • Exterior features: None,Outdoor Living Area
  • Fencing: None
  • Waterfront features: None

Lot

  • Lot size: 10,019 sqft
  • Features: Interior Lot,< 1/4 Acre
  • Lot size dimensions: 80.0 ft x 125.0 ft

Parking

  • Total spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Indian River County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,130$37,560
Home Insurance *$644$7,728
Property Taxes $891$10,692
Electricity $238$2,864
Total$4,903$58,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,102/yr
40% on housing$147,090/yr
45% on housing$130,746/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$261This listing

vs Other Active Listings

Avg $/sqft

ZIP 32958$166
Indian River County$316

vs Homes Sold Last Month

Median $/sqft

ZIP 32958$210
Indian River County$239

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Price change$619,000
2026-03-31Price change$620,000
2026-03-12Price change$625,000
2026-03-11Listed for sale$589,000
2021-09-16Sold$55,000
2021-08-30Contingent$59,000
2021-07-20Listed for sale$59,000

For Sale by Agent

AgentDayan D Jimenez
BrokerageGroza Real Estate Company

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