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

Monthly Estimate*

$ 17,209

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Studio

Lots and Land for sale in Sebastian, FL

for $2,795,000. The lot size is 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. 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

$ 2,795,000

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

R11151517

Features
General
Sewer Public Sewer
Utilities Electricity Available Sewer Available Water Available
Possession Close Of Escrow Negotiable
Development Status Site Plan Filed
Electric 3 Phase
View Intercoastal River
Property Subtype Unimproved Land
Tax Year 2025
Current Use Multi-Family
Waterfront Features Intracoastal Access River Front
Community Features Boat Facilities Property Manager On-Site
County Indian River
Property Type Land
Association Amenities Boating Clubhouse Picnic Area Storage
Subdivision Name INDIAN RIVER FARMS
Facing Direction West
Possible Use Commercial Other
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
Disclosures Flood Plain Disclosure
MLS Area 6352 - Sebastian County (IR)
Lot Size Square Feet 70131
Tax Annual Amount 18015
Virtual Tour https://www.propertypanorama.com/11450-S-Indian-River-Drive-Sebastian-FL-32958/unbranded
Standard Status Active
Property Sub Type Additional Unimproved Land
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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Interior
Total Baths 0
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Exterior
Vegetation Grassed Oak Other
Lot Features 1-2 Acres Cleared Rural Lot
Water Source Public
Lot Dimensions 187 X 514
Lot Size Acres 1.61
Road Surface Type Paved
Waterfront Y/N true
Road Frontage Type County Road Public Road
Number of Lots 1
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* Excluded Features
List By
Kenneth A Landers Jr

Listing Agent

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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$2,795,000 -6.68% Price Down
1/15/2026$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 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