11450 S Indian River Drive Sebastian FL 32958

Waterfront
Waterfront
Address
11450 S Indian River Drive, Sebastian, FL
Price
$ 2,795,000
Property Attributes
  • MLS#R11151517
  • TypeLand
  • Listing Status Active
  • CountyIndian River
  • CitySebastian
  • Area6352 - Sebastian County (IR)
  • NeighborhoodINDIAN RIVER FARMS
  • Zip32958
  • Style
  • Taxes$ 18015
  • Price$ 2,795,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.61 Acres
Data Source:
Beaches MLS (FL)
Property Description

JUST REDUCED $200,000! 1.61 RIVERFRONT ACRES. ZONED RM-6 FOR POSSIBLE RIVERFRONT LUXURY UNIT MULTI FAMILY COMMUNITY. PRIVATE DOCK INCLUDED WITH 8 SLIPS TO USE FOR CLIENTS AND GREAT FISHING. WIDE OPEN GREEN SPACE NEAR THE RIVERFRONT PORTION OF THE LAND AND LARGE OAKS ON FRONT OF PROPERTY. JUST .25 MILES FROM THE SEBASTIAN OLD FLORIDA RIVERFRONT DESIGN AREA WITH SHOPS, RESTAURANTS AND NIGHTLIFE. TAKE YOUR BOAT JUST A SHORT TRIP ACROSS THE INTRACOASTAL TO THE SEBASTIAN INLET AND ATLANTIC OCEAN. CURRENT USAGE IS 12 OLD FLORIDA DESIGN RENTAL COTTAGES RECENTLY UPDATED & PROFESSIONALLY DECORATED.

Price History
1/15/2026 Listed $2,995,000
2/13/2026 7$2,795,000

General Features

Sewer Public Sewer
Utilities Electricity Available,Sewer Available,Water Available
Possession Close Of Escrow,Negotiable
Development Status Site Plan Filed
Electric 3 Phase
View Intercoastal,River
Property Subtype Unimproved Land
Tax Year 2025
Current Use Multi-Family
Waterfront Features Intracoastal Access,River Front
Community Features Boat Facilities,Property Manager On-Site
County Indian River
Property Type Land
Association Amenities Boating,Clubhouse,Picnic Area,Storage
Subdivision Name INDIAN RIVER FARMS
Facing Direction West
Possible Use Commercial,Other
Status Active
Directions US 1 TO S INDIAN RIVER DR THEN APPROXIMATELY 1/4 MILE NORTH WITH PROPERTY ON EAST SIDE. LOOK FOR SIGN FOR ISLAND VIEW COTTAGES
City Sebastian
Disclosures Flood Plain Disclosure
MLS Area 6352 - Sebastian County (IR)
Lot Size Square Feet 70131
Tax Annual Amount 18015
Virtual Tour https://www.propertypanorama.com/11450-S-Indian-River-Drive-Sebastian-FL-32958/unbranded
Standard Status Active
Property Sub Type Additional Unimproved Land
PostalCity Sebastian
Legal Description ''''''FROM THE SE COR OF LOT 1, SEC 7, TWP 31, RNG 39, RUN S 270 FT TO A POINT; TH E 11.4 FT TO A POB ON E ROW LINE OF

Exterior Features

Vegetation Grassed,Oak,Other
Lot Features 1-2 Acres,Cleared,Rural Lot
Water Source Public
Lot Dimensions 187 X 514
Lot Size Acres 1.61
Road Surface Type Paved
Waterfront Y/N true
Road Frontage Type County Road,Public Road
Number of Lots 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32958

Price
AVG $860K
$2.8M
Taxes
AVG $4,333
$18,015

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