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. 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
Water Source : Public
Sewer System : CountySewer
Parking Total: 19
Lot Features : OneToThreeAcres
Road Surface Type : Paved
Roof : Shingle
Waterfront : Yes.
Property Sub-Type Additional : Industrial, Commercial
Current Use : HotelMotel
Zoning : ,
Zoning Description : Commercial, Residential
Heating : Yes.
Heating : Central, Electric
Cooling : CentralAir
Construction Materials : Block, Frame, Concrete, Stucco
Flooring : Terrazzo
Water Source : Public
Sewer System : CountySewer
Parking Total: 19
Lot Features : OneToThreeAcres
Road Surface Type : Paved
Roof : Shingle
Waterfront : Yes.
Property Sub-Type Additional : Industrial, Commercial
Current Use : HotelMotel
Zoning : ,
Zoning Description : Commercial, Residential
Heating : Yes.
Heating : Central, Electric
Cooling : CentralAir
Construction Materials : Block, Frame, Concrete, Stucco
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
Size: 11,331 Sqft
Lot Size: 1.50 Acres
MLS #: 291953
Price: $3,495,000
Construction Status: Built in 1969
Last Modified : Nov 17 2025 2:45PM
Courtesy of: Chip Landers, Berkshire Hathaway Florida (MLS# 0050)
Source MLS: RAIRCMLS