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About This Home

This 0-bedroom, 0-bathroom multi-family at 11450 S Indian River Drive in Sebastian, FL is listed for $2,795,000. Built in 1949, on a 1.61 acres lot.

Agent Description

JUST REDUCED $200,000! 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

Key Features

  • Built in 1949
  • 1.61 acre lot
  • 17 parking spaces
  • Waterfront

Property Details

1 story
17 spaces
1949

Amenities

WaterfrontA/C

Monthly Cost Estimate

$14,948/mo

20% down · 6.5% · 30 years

Principal$2,021
Interest$12,112
Insurance$815

Estimates only. Actual payments may vary.

Location

11450 S Indian River Drive

Sebastian, FL 32958

Indian River Farms

Features & Amenities

Interior Features

WetBarEatInKitchenGreatRoomPrimaryDownstairsLivingDiningRoom

Exterior Features

EnclosedPorchPorch

Property Details

Flooring

CarpetTile

Construction

Block Concrete

Pool Features

Porch

Parking

Off StreetAssigned

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 11450 S Indian River Drive is listed at $2,795,000. The estimated monthly payment is $12,112 based on 20% down at 6.5% interest.

Key features include: Built in 1949, 1.61 acre lot, 17 parking spaces, Waterfront. Interior Features: WetBar, EatInKitchen, GreatRoom. Exterior Features: EnclosedPorch, Porch.

This property is listed by Chip Landers and can be reached at 7724737888 or Chip@ChipLanders.com.

CL

Chip Landers

Agent at Berkshire Hathaway Florida

(772) 473-7888

Listed by Berkshire Hathaway Florida · View on Broker Site

MLS# 293660· Source: listhub· Updated 151 days ago

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

11450 S Indian River Drive, Sebastian, FL 32958

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