412 Indian River Dr
sebastian, FL 32958$3,495,000
- Contract signed
Interested? Let's Connect
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
Details
65,770 Sq Ft
1.5 Private Acres Lot Size
land
$1,793 Monthly Tax
MLS/Listing ID 291569
1 Stories
Amenities & Features
Covered
Porch
Pool - Community
Intercoastal View
River View
Intracoastal Access
River Front
Window Treatments
Community Pool
Community - Storm Drains
Community - Water Access
Cooling - Central Air
Outdoor Shower
Community Sewer
Water
Public Water
Furnished
Heating - Individual
Lot - Split Possible
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor the website owner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
©2026 REALTORS® Association of Indian River County, Inc. All rights reserved.