1550 Indian River Drive Sebastian, FL ^$ 1,250,000

1550 Indian River Drive

^$ 1,250,000

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1550 Indian River Drive

Sebastian, FL, 32958

^$ 1,250,000

Bedrooms-- Baths-- Sq 1,540

Monthly Estimate*

^$ 7,696

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Commercial Property for sale in Sebastian, FL

for $1,250,000. This 1,540 square foot building was built in 2006.

Prime waterfront location along Indian River Lagoon on Indian River Drive in Sebastian. 1,540 SF freestanding restaurant building with existing commercial kitchen layout. Large covered outdoor dining deck with beautiful river views. Potential shallow boat-up access for customers. - Located in a popular coastal boating, fishing, and tourism destination.

Commercial Contingent

Price

^$ 1,250,000

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

2006

Town/City

Sebastian

County/Region

Indian River

MLS | Web ID

295759

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Other

Construction Materials Block Concrete

Year Built 2006

Stories Count 1

Levels One

Property Subtype Industrial

Parcel Number 30393100000002000003.0

County Indian River

New Construction false

Property Type Commercial Sale

Subdivision Name Other

Status Active Under Contract

Directions Directly on Indian River Drive north of Jefferson Street

City Sebastian

Association Name N/A

MLS Area Sebastian City

Lot Size Units Acres

Standard Status Active Under Contract

Property Sub Type Additional Industrial Commercial

Legal Description COM ON THE M.H.W.L. OF THE W BANK OF THE INDIAN RIVER WHERE THE SAME INTERSECTS THE S LINE OF GOVT LOT 2 SEC 31-30-39 RUN W AND ALONG THE S LINE OF THE SAID GOVT LOT 2 A DIS OF 80.05 FT TO THE E ROW LINE OF THE OLD DIXIE HIGHWAY (ALSO KNOWN AS THE OL D SR

Zoning Description Commercial

Tax Assessed Value 761620

Current Use Restaurant

Gross Income 0

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

MaintenanceExpense 0

Occupancy Type Vacant

Interior

Flooring Other

Total Stories 1

Heating Y/N true

Exterior

Water Source Public

Lot Features 1/2 to 1 Acre Lot

Lot Dimensions 25700

Building Area Total 1540

Road Frontage Type City Street

Frontage Type Waterfront

* Excluded Features

List By

Lambert Commercial Real Estate

Broker

772-778-2334

Contact

Affordability Calculator

$7,696

Per Month

Monthly Principal & Interest: $7,696
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Sebastian, FL

Average List Price ^$2,566,561

Percent of Sale Price 105%

About Sebastian, FL

24,404 Population

48% Since 2002

^$47,434 Median Income

51.51 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

0 Elementary School

0 Middle School

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Pricing History

Date	Price	Price Change	Description
3/12/2026	$1,250,000		Listed Price

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1550 Indian River Drive, Sebastian, FL, 32958 is a Commercial Property for sale at $1,250,000 with 1,540 sqft. 1550 Indian River Drive was built in 2006. The property's zip code is 32958 which is in Sebastian, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Data is updated as of 3/28/2026.

The data relating to real estate on this web site comes in part from a cooperative program of the Realtors Association of Indian River County, Inc. MLS. Detailed information on Real estate listings held by firms other than Weichert Realtors includes the Listing Broker’s Firm Name.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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1550 Indian River Drive

Commercial Property for sale in Sebastian, FL

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