# 11450 S Indian River Drive, Sebastian, FL 32958

> **TL;DR:** multi-family, $2,795,000, built 1949.
> Waterfront, A/C. Est. $12,112/mo. Listed 151 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,795,000 |
| Year Built | 1949 |
| Lot Size | 70,132 sqft (1.61 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 151 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,112 |
| **Total** | **$12,112** |

## Key Amenities

- Waterfront
- A/C

## Property Highlights

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

## Description

### 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

## Location

- **Address:** 11450 S Indian River Drive, Sebastian, FL 32958
- **County:** Indian River
- **Neighborhood:** Indian River Farms
- **Coordinates:** 27.802594, -80.461012
- **Google Maps:** https://www.google.com/maps?q=27.802594,-80.461012

## Listing Agent

- **Name:** Chip Landers
- **Brokerage:** Berkshire Hathaway Florida
- **Phone:** 7724737888
- **Email:** Chip@ChipLanders.com

## Primary Photo

![11450 S Indian River Drive - Primary Photo](http://lh.rdcpix.com/35e2fc268b87c7b363a7613c314cd4c5l-f2442185942r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/11450-s-indian-river-drive-sebastian-fl-32958-l293660)*

---

**MLS#:** 293660 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/11450-s-indian-river-drive-sebastian-fl-32958-l293660)

---

## Structured Data

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  "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 RIVER",
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