11,331 sqft
$3,495,000
412 Indian River Drive, Sebastian FL, 32958
Price per sqft$308.45
Built in1969
Property size11,331 sqft
Property typeCommercial
Overview
Under contract
Active Under Contract
Listed Oct 16, 2025
Updated 15h ago
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
Other Property Details
- Waterfront
- Yes
Also listed on RMLS & RAGFL
Courtesy of Berkshire Hathaway Florida, Chip Landers,
Listing Contact: 772-231-1270
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