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

Lots and Land for sale in Sebastian, FL

for $2,995,000. The lot size is 1.61.

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. TAKE YOUR BOAT JUST A SHORT TRIP ACROSS THE INTRACOASTAL TO THE SEBASTIAN INLET AND ATLANTIC OCEAN. CURRENT USAGE IS 12 OLD FLORIDA DESIGN RENTAL COTTAGES RECENTLY UPDATED & PROFESSIONALLY DECORATED.

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Lots and Land Active

Price

$ 2,995,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 18,015

Style

Multi-Family Med Den

Lot Size

1.61

Town/City

Sebastian

County/Region

Indian River

MLS | Web ID

RX11151517

Features
Exterior
Lot Description 1 to < 2 Acres East of US-1 Flood Zone Paved Road Public Road
Lot Depth 514.00
Improvements Cleared
Waterfront Yes Intracoastal River
Soil Type Sand
Roads County Road Paved Public
Trees Mostly Oak Sabal Palm
Lot Dimensions 187 X 514
Boat Services Private Dock
Lot Size 1.61
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General
Zoning RM-6
HOA None
Status Active
REO No
Subdivision INDIAN RIVER FARMS
Style Multi-Family Med Den
View Intracoastal River
Miscellaneous Fill Required Onsite Water Retent Traffic Light
Type Commercial Land
Property Type C
Area 6352 - Sebastian County (IR)
Auction No
Tax Year 2025
Terms Considered Cash Conventional
Short Sale No
Water Frontage 130
Usage Other Usage
Special Info Platted
Taxes 18015.00
Utilities Available Electric Municipal Sewer Public Water
Virtual Tour https://www.propertypanorama.com/11450-S-Indian-River-Drive-Sebastian-FL-32958/unbranded
Geo Area IR52
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
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Internal Only
OriginalMLSID RX-11151517
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* Excluded Features
List By
Kenneth A Landers

Listing Agent

Berkshire Hathaway Florida

Broker

chip@chiplanders.com

Email

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
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
1/5/2026 $2,995,000 Listed Price

Map


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11450 S Indian River Drive, Sebastian, FL, 32958 is a Lots and Land 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. The property's zip code is 32958 which is in Sebastian, FL