About This Home

This land at 412 Indian River Drive in Sebastian, FL is listed for $3,495,000 (1.50 acres).

Key Features

  • 1.50 acre lot
  • Waterfront

Property Details

1 story

Amenities

WaterfrontViewA/C
Listing Description

UNDER CONTRACT, BACKUPS ENCOURAGE. WHAT A VIEW! 1.5 ACRE RIVERFRONT LOCATION. RM-8 USE AVAILABLE FOR UP TO 10 LUXURY CONDOS. CURRENT USE AS MOM AND POP HOTEL WITH 17 UNITS, POOL, PAVILION AND LAUNDRY. ALSO POSSIBLE FOR ESTATE SIZE LOT SINGLE HOME OR SUBDIVIDE INTO 3 LOTS.

DOCK SPACE AVAILABLE AS WELL. LIFT STATION IN PLACE WITH COUNTY WATER. SOUTH INDIAN RIVER DRIVE LOCATION WITHIN PARK AND RESTAURANT LOCATIONS. JUST INSIDE SEBASTIAN CITY LIMITS WITH RIVERFRONT PERFORMANCE OVERLAY ARCHITECTURAL RULES. ALSO LISTED AS COMMERCIAL ML#291953

Location

412 Indian River Drive

Sebastian, FL 32958

Edgewater

Features & Amenities

Exterior Features

OutdoorShowerPorch

Property Details

Views

River

Outdoor Features

Porch

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom land at 412 Indian River Drive is listed at $3,495,000 ($53/sqft). The estimated monthly payment is $18,692 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1.50 acre lot, Waterfront. Exterior Features: OutdoorShower, Porch.

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 · View on Broker Site · Broker website

MLS# 291569· Source: Realtors Association of Indian River County· 392 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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