11450 S Indian River Drive Sebastian FL 32958
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
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