About 412 Indian River Drive, Sebastian, Florida, 32958
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. 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 ML#291569 VACANT LAND
Water Source : Public
Sewer System : CountySewer
Community Features : PropertyManagerOnSite, Pool
Parking Features : OutdoorShower, Porch
Parking Total: 19
Exterior Features : OutdoorShower, Porch
Lot Features : OneToThreeAcres, ModerateTrees, SplitPossible
Roof : Shingle
Waterfront : Yes.
Waterfront Features : IntracoastalAccess, RiverFront
Possible Use : Commercial
Zoning : ,
Zoning Description : Commercial
Pool Features : Pool, Community
Heating : Yes.
Heating : Central, Electric, Individual
Cooling : Yes.
Cooling : CentralAir
Construction Materials : Block, Frame, Concrete, Stucco
Laundry Features : Outside
Door Features : SlidingDoors
Window Features : WindowTreatments
Flooring : Terrazzo
Water Source : Public
Sewer System : CountySewer
Community Features : PropertyManagerOnSite, Pool
Parking Features : OutdoorShower, Porch
Parking Total: 19
Exterior Features : OutdoorShower, Porch
Lot Features : OneToThreeAcres, ModerateTrees, SplitPossible
Roof : Shingle
Waterfront : Yes.
Waterfront Features : IntracoastalAccess, RiverFront
Possible Use : Commercial
Zoning : ,
Zoning Description : Commercial
Pool Features : Pool, Community
Heating : Yes.
Heating : Central, Electric, Individual
Cooling : Yes.
Cooling : CentralAir
Construction Materials : Block, Frame, Concrete, Stucco
Laundry Features : Outside
Door Features : SlidingDoors
Window Features : WindowTreatments
Flooring : Terrazzo
Street Address: 412 Indian River Drive
City: Sebastian
State: Florida
Postal Code: 32958
County: Indian River
Directions:
IR DRIVE SOUTH OF CR512 AND NORTH OF US1 CUTOFF TO IR DRIVE
Property Information :
Listing Status: Active
Lot Size: 1.50 Acres
MLS #: 291889
Price: $3,495,000
Tax Amount: 21521
Construction Status: Built in 1969
Last Modified : Oct 15 2025 3:45PM
Amenities :
View
Courtesy of: Chip Landers, Berkshire Hathaway Florida (MLS# 0050)
Source MLS: RAIRCMLS