Town of Sebastian is on the mainland approx. 8 miles from Sebastian Inlet and 6 miles from Wabasso Beach via Wabasso Road. At it's peak, my taxes were 1,200 per year but now they're only about 300, so that's a good thing. Builders in the area when I bought were charging around 250k to build, now it appears as though they're around 160k, and yes, even lots have decreased, so for 300 a year, I guess I'll just wait it out and hope for the best. In retrospect, it was probably a rash move on my part to buy it, but live and learn. It's just a matter of how long it will take to come back, but I've got time, and like I said, they're not making anymore land the last time I checked.