412 Indian River Drive Sebastian, FL $ 3,495,000
412 Indian River Drive
$ 3,495,000
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412 Indian River Drive

Sebastian, FL, 32958
$ 3,495,000
Baths0.0

Monthly Estimate*

$ 21,519

412 Indian River Drive, Sebastian, FL 32958 - Image 1
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Studio

Lots and Land for sale in Sebastian, FL

for $3,495,000. The lot size is 1.5.

WHAT A VIEW! 1.5 ACRE RIVERFRONT LOCATION. RM-8 USE AVAILABLE FOR UP TO 10 UNITS OR CURRENT USE AS MOM AND POP HOTEL. ALSO POSSIBLE FOR ESTATE SIZE LOT SINGLE HOME OR SUBDIVIDE INTO 3 LOTS. DOCK SPACE AVAILABLE AS WELL. LIFT STATION IN PLACE WITH COUNTY WATER. SOUTH INDIAN RIVER DRIVE LOCATION WITHIN PARK AND RESTAURANT LOCATIONS. JUST INSIDE SEBASTIAN CITY LIMITS WITH RIVERFRONT PERFORMANCE OVERLAY ARCHITECTURAL RULES.

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Lots and Land Contingent

Price

$ 3,495,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 21,521

Style

Commercial,Hotel / Motel,Multi-Family Med Den

Lot Size

1.5

Town/City

Sebastian

County/Region

Indian River

MLS | Web ID

RX11131958

Features
Exterior
Lot Description 1 to < 2 Acres East of US-1 Flood Zone Paved Road Public Road
Lot Depth 288.00
Improvements Home Utility Building
Waterfront Yes Intracoastal Ocean Access
Soil Type Sand
Roads County Road Paved Public
Trees Other Partially Treed
Lot Dimensions 241X288
Boat Services Dock Available Electric Available Private Dock
Lot Size 1.50
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General
Zoning CR
HOA None
Status Active Under Contract
REO No
Subdivision EDGEWATER PARK SUB
Style Commercial Hotel / Motel Multi-Family Med Den
View Intracoastal Pool River
Miscellaneous Traffic Medium
Type Commercial Land
Property Type C
Area 6351 - Sebastian (IR)
Auction No
Tax Year 2025
Terms Considered Cash Conventional
Short Sale No
Water Frontage 346
Usage Income (Farm) Unimproved Hotel/Mtl Unimproved Multi-Fam
Special Info Comforms to Zoning
Taxes 21521.30
Utilities Available Electric Municipal Sewer Public Water
Virtual Tour https://www.propertypanorama.com/412-Indian-River-Drive-Sebastian-FL-32958/unbranded
Geo Area IR51
Legal Description ''''''EDGEWATER PARK SUB PBI 1-23 LOTS 1 & 2 & UNNUMBERED LOT BLK12 LESS N 10 FT''''''
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Internal Only
OriginalMLSID RX-11131958
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* Excluded Features
List By
Kenneth A Landers

Listing Agent

Berkshire Hathaway Florida

Broker

chip@chiplanders.com

Email

Affordability Calculator

$23,313
Per Month
92%
8%
0%
Monthly Principal & Interest
$21,519
Monthly Property Taxes
$1,793
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/13/2025 $3,495,000 Listed Price

Map


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412 Indian River Drive, Sebastian, FL, 32958 is a Lots and Land for sale at $3,495,000 with a lot size of 1.5. 412 Indian River Drive is a studio with 0.0 baths. The property's zip code is 32958 which is in Sebastian, FL