About This Home

This 0-bedroom, 0-bathroom commercial at 412 Indian River Drive in Sebastian, FL is listed for $3,495,000. Built in 1969, on a 1.50 acres lot.

Key Features

  • Built in 1969
  • 1.50 acre lot
  • 19 parking spaces
  • Waterfront

Property Details

1 story
19 spaces
1969

Amenities

WaterfrontA/C
Listing Description

WHAT A VIEW! 1.5 ACRE RIVERFRONT LOCATION. CURRENT USE AS MOM AND POP HOTEL WITH 17 UNITS, DOCK, POOL, PAVILION AND LAUNDRY. RM-8 USE AVAILABLE FOR UP TO 10 LUXURY CONDOS. MANY OTHER USES POSSIBLE AS WELL IN THE COMMERCIAL RIVERFRONT ZONING. ALSO POSSIBLE FOR ESTATE SIZE LOT SINGLE HOME OR SUBDIVIDE INTO 3 LOTS.

LIFT STATION IN PLACE WITH COUNTY WATER. SOUTH INDIAN RIVER DRIVE LOCATION WITHIN PARK AND RESTAURANTS NEARBY. JUST INSIDE SEBASTIAN CITY LIMITS WITH RIVERFRONT PERFORMANCE OVERLAY ARCHITECTURAL RULES. ALSO LISTED AS VACANT LAND ML#291569

Monthly Cost Estimate

$18,692/mo

20% down · 6.5% · 30 years

Principal$2,528
Interest$15,145
Insurance$1,019

Estimates only. Actual payments may vary.

Location

412 Indian River Drive

Sebastian, FL 32958

Edgewater

Property Details

Flooring

Terrazzo

Construction

Block Frame Concrete Stucco

Heating

Electric (Heating)Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 412 Indian River Drive is listed at $3,495,000. The estimated monthly payment is $18,692 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1969, 1.50 acre lot, 19 parking spaces, Waterfront.

This property is listed by Chip Landers.

CL

Chip Landers

License 0493976

Agent at Berkshire Hathaway HomeServices Florida Realty

Listed by Berkshire Hathaway HomeServices Florida Realty · Broker phone: (954) 693-0193 · Broker website

MLS# 291953· Source: Realtors Association of Indian River County· 380 days on PropertySimple

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.

412 Indian River Drive, Sebastian, FL 32958

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