11450 S Indian River Drive Sebastian, FL $ 2,795,000
11450 S Indian River Drive
$ 2,795,000
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11450 S Indian River Drive

Sebastian, FL, 32958
$ 2,795,000
Baths0.0 Sq 70,132

Monthly Estimate*

$ 17,209

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Studio

Lots and Land for sale in Sebastian, FL

for $2,795,000. This 70,132 square foot property was built on a lot size of 1.61.

JUST REDUCED $200,000! 1.61 RIVERFRONT ACRES. ZONED RM-6 FOR POSSIBLE RIVERFRONT LUXURY UNIT MULTI FAMILY COMMUNITY. PRIVATE DOCK INCLUDED WITH 8 SLIPS TO USE FOR CLIENTS AND GREAT FISHING. WIDE OPEN GREEN SPACE NEAR THE RIVERFRONT PORTION OF THE LAND AND LARGE OAKS ON FRONT OF PROPERTY. JUST .25 MILES FROM THE SEBASTIAN OLD FLORIDA RIVERFRONT DESIGN AREA WITH SHOPS, RESTAURANTS AND NIGHTLIFE. CURRENT USAGE IS 12 OLD FLORIDA DESIGN RENTAL COTTAGES RECENTLY UPDATED & PROFESSIONALLY DECORATED. ALSO LISTED AS ML#293660

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Lots and Land Active

Price

$ 2,795,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 18,015

Style

Lot Size

1.61

Town/City

Sebastian

County/Region

Indian River

MLS | Web ID

293664

Features
General
Sewer Connected
HOA Fee 0
View River
Parcel Number 31390800000001000007.0
Waterfront Features Intracoastal Access Navigable Water River Front
County Indian River
Property Type Land
Subdivision Name Indian River Farms
Status Active
Directions US 1 TO S INDIAN RIVER DR THEN APPROXIMATELY 1/4 MILE NORTH WITH PROPERTY ON EAST SIDE. LOOK FOR SIGN FOR ISLAND VIEW COTTAGES
City Sebastian
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 Park Storm Drain(s) Water Access
Zoning Description Multiple
Tax Annual Amount 18015
Tax Assessed Value 1220026
Tax Lot 7
Utilities Cable Available Electricity Available
Current Use Other
Possible Use Mixed Use
Lot Size Square Feet 70132
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Exterior
Water Source Connected Public
Waterfront Y/N true
Lot Features 1-3 Acres Moderate Trees Split Possible
Road Surface Type Paved
Lot Size Area 1.61
Lot Size Acres 1.61
Number of Lots 1
Lot Dimensions 187X514
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* Excluded Features
List By
Berkshire Hathaway Florida

Broker

772-231-1270

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Affordability Calculator

$18,711
Per Month
92%
8%
0%
Monthly Principal & Interest
$17,209
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
2/13/2026$2,795,000 -6.68% Price Down
1/7/2026$2,995,000 Listed Price

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11450 S Indian River Drive, Sebastian, FL, 32958 is a Lots and Land for sale at $2,795,000 with 70,132 sqft and a lot size of 1.61. 11450 S Indian River Drive is a studio with 0.0 baths. The property's zip code is 32958 which is in Sebastian, FL