11450 S Indian River Drive Sebastian, FL $ 2,995,000
11450 S Indian River Drive
$ 2,995,000
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11450 S Indian River Drive

Sebastian, FL, 32958
$ 2,995,000
Baths0.0

Monthly Estimate*

$ 18,441

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Studio

MultiFamily for sale in Sebastian, FL

for $2,995,000. This home was built in 1949 on a lot size of 1.61.

RIVERFRONT 1.61 ACRES WITH 12 COTTAGES. OLD FLORIDA COMMUNITY WITH MODERN DESIGN UNITS RECENTLY UPDATED AND DECORATED BY MULTIPLE LOCAL AND NATIONAL PROFESSIONAL DECORATORS. PRIVATE DOCK AVAILABLE WITH 8 SLIPS TO USE FOR CLIENTS AND GREAT FISHING TOO! ONSITE MANAGER WITH OFFICE, SNACKS, BEER AND WINE,COMPLIMENTARY BIKES, KAYAKS & CANOES. GROUNDS WITH WIDE OPEN GREEN SPACE FOR ACTIVITIES, LARGE OAKS AND NATIVE FLORIDA LANDSCAPING. ADDITIONALLY, ZONED RM-6 FOR POSSIBLE RIVERFRONT 6-7 LUXURY UNIT MULTI FAMILY COMMUNITY. ALSO LISTED AS ML# 293664, VACANT LAND

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MultiFamily Active

Price

$ 2,995,000

Bedrooms

Studio

Property Type

MultiFamily

Taxes

$ 18,015

Style

Lot Size

1.61

Year Built

1949

Town/City

Sebastian

County/Region

Indian River

MLS | Web ID

293660

Features
General
Sewer County Sewer
Heating Central Electric Individual
Cooling Central Air Electric Other
Roof Rolled/Hot Mop Shingle
Patio/Porch Features Covered Porch Screened
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Block Concrete
Year Built 1949
Stories Count 1
Levels One
Property Subtype Apartment
Parcel Number 31390800000001000007.0
Waterfront Features Intracoastal Access Navigable Water River Front
County Indian River
Property Type Residential Income
Subdivision Name Indian River Farms
Status Active
Directions US 1 N TO S INDIAN RIVER DR THEN APPROXIMATELY 1/4 MILE NORTH WITH PROPERTY ON EAST SIDE
City Sebastian
Disclosures Lead Based Paint Disclosure
Association Name NA
MLS Area Sebastian County
Lot Size Units Acres
Standard Status Active
Legal Description FROM THE SE COR OF LOT 1 SEC 7 TWP 31 RNG 39 RUN S 270 FT TO A POINT; TH E 11.4 FT TO A POB ON E ROW LINE OF OLD U.S. HWY NO. 1 (NOW COMMONLY KNOWN AS RIVER ROAD) AND S LINE OF W.J. PLATTEN PROPERTY FROM SAID POB RUN S 18 DEG 38 MIN E A DIS OF 18 7.5 F
Tax Year 2025
Community Features Barbecue Bicycle Storage Clubhouse Patio Park Property Manager On-Site Water Access
Zoning Description Residential
Tax Annual Amount 18015
Tax Assessed Value 1220026
Tax Lot 1
Possible Use Residential
Gross Income 0
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
MaintenanceExpense 0
Other Structures Cabana Workshop
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Interior
Flooring Carpet Tile
Furnished Y/N Furnished
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung Sliding Window Treatments
Fireplace Y/N false
Laundry Features Laundry Room
Interior Amenities Wet Bar Eat-in Kitchen Great Room Primary Downstairs Living/Dining Room
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Exterior
Exterior Amenities Enclosed Porch Porch
Parking Features Assigned Off Street
Water Source Public
Waterfront Y/N true
Lot Features 1-3 Acres Moderate Trees Split Possible
Lot Size Area 1.61
Lot Size Acres 1.61
Lot Dimensions 187x514
Total Parking 17
Number of Separate Electric Meters 6
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* Excluded Features
List By
Berkshire Hathaway Florida

Broker

772-231-1270

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Affordability Calculator

$19,942
Per Month
92%
8%
0%
Monthly Principal & Interest
$18,441
Monthly Property Taxes
$1,501
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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
1/1/2026$2,995,000 Listed Price

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11450 S Indian River Drive, Sebastian, FL, 32958 is a MultiFamily for sale at $2,995,000 with a lot size of 1.61. 11450 S Indian River Drive is a studio with 0.0 baths and was built in 1949. The property's zip code is 32958 which is in Sebastian, FL