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    Riverfront Land with Rental Cottages Title is generated by Realmo AI

    11450 S Indian River Dr, Sebastian, FL 32958

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    For Sale
    $2,795,000

    1.61 acres of RM-6 zoned riverfront land with 12 updated rental cottages and a private dock with eight slips.

    Type:Commercial
    Lot size:
    1.61 Acres
    Added:
    Jun 16, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 17 at 2:14 am

    Property Features for 11450 S Indian River Dr

    General Information

    Standard status
    Active
    Lot size
    1.61 Acres
    Property subtype
    Commercial

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    Listing Contact
    Chip Landers
    Chip Landers

    Listing agent Chip Landers License #0493976

    Listing office Berkshire Hathaway HomeServices Florida Realty

    Listing date Jun 16, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Florida Realty

    HighLights

    • 1.61 acres of RM‑6 zoned riverfront land with potential for a riverfront luxury multi‑family community
    • Current usage: 12 Old Florida Design rental cottages, recently updated and professionally decorated
    • Private dock included with 8 slips for client use
    • Riverfront setting with wide open green space near the riverfront portion of the property and large oak trees
    • 0.25 miles from the Sebastian Old Florida Riverfront design area with shops, restaurants, and nightlife
    • Boating access: short trip across the Intracoastal to Sebastian Inlet and the Atlantic Ocean

    Overview

    This offering consists of 1.61 riverfront acres with 12 “Old Florida design” rental cottages that have been recently updated and professionally decorated. The property includes a wide open green space near the riverfront portion of the land, along with large oak trees along the front. Zoning is RM-6, which may support development of a riverfront luxury unit multifamily community, subject to approvals.

    A private dock is included with eight slips for guest or client use, along with on-site fishing access. The land is located near the Sebastian riverfront design area, approximately 0.25 miles away, where shops, restaurants, and nightlife are available. Boating access is described as a short trip across the Intracoastal to the Sebastian Inlet and the Atlantic Ocean.

    For operators and buyers, the current setup provides an established short-term rental cottage use alongside riverfront amenities such as the dock and open green space. The RM-6 zoning and existing cottage configuration may also be of interest to buyers evaluating either continued rental operations or redevelopment plans, subject to local permitting and site approvals.
    Location Intelligence

    Current Use by Public Records

    Island View Cottages Hotel & Motel

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sebastian
    County
    Brevard
    State
    Florida
    Longitude
    -80.4609428
    Latitude
    27.8027304

    FAQs

    What type of property is this?
    Short term rental property - 1.61 acres of RM-6 zoned riverfront land with 12 updated rental cottages and a private dock with eight slips.
    Where is this short term rental property located?
    The property is located at 11450 S Indian River Dr Sebastian, FL.
    What is the asking price?
    The asking price for this property is $2,795,000.
    What are key features of this property?
    This property features: 1.61 acres of RM‑6 zoned riverfront land with potential for a riverfront luxury multi‑family community; Current usage: 12 Old Florida Design rental cottages, recently updated and professionally decorated; Private dock included with 8 slips for client use
    More about this property
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