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    11450 S Indian River Drive Sebastian, FL 32958

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    For Sale
    $2,795,000

    LAND - Sebastian, FL

    Property size:
    70,132 SF
    Lot size:
    1.61 Acres
    Price / SF:
    $39/SF
    Added:
    Jan 1, 2026
    Days on Market:
    119
    Last Refresh:
    Apr 30 at 11:06 am

    Property Features for 11450 S Indian River Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    ,
    Vegetation
    Wooded
    Standard status
    Active
    APN
    31390800000001000007.0
    Size
    70,132 SF
    Lot size
    1.61 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax 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 OLD U.S. HWY NO. 1 (NOW COMMONLY KNOWN AS RIVER ROAD) AND S LINE OF W.J. PLATTEN PROPERTY FROM SAID POB RUN S 18 DEG 38 MIN E A DIS OF 18 7.5 F
    Tax Annual Amount
    18015

    Utilities

    Water source
    Public
    Water front features
    River Front, Navigable Water
    Water front
    1

    We can help!

    Listing Contact
    Chip Landers
    Chip Landers

    Listing agent Chip Landers License #0493976

    Listing office Berkshire Hathaway Florida 3377 Ocean Dr, Vero Beach, FL

    Listing date Jan 1, 2026

    MLS# 293664 Listing URL

    Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


    Overview

    Riverfront Acres in Sebastian, FL

    This 1.61-acre riverfront property in Sebastian, FL, is zoned RM-6, offering the potential for a luxury multifamily community. The site includes a private dock with 8 slips, suitable for clients and fishing. The property features open green space near the riverfront and large oak trees at the front. It is located just 0.25 miles from the Sebastian Old Florida Riverfront Design Area, which offers shops, restaurants, and nightlife. Currently, the property is used as 12 updated and professionally decorated Old Florida design rental cottages. The property is also listed as ML#293660.
    Property Profile Insight Report 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
    -80.461012
    Latitude
    27.802594

    FAQs

    What type of property is this?
    Multifamily property - 1.61 acres, zoned for multifamily, with private dock.
    Where is this multifamily property located?
    The property is located at 11450 S Indian River Drive 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 riverfront acres with **private dock and 8 slips**.; Zoned RM‑6 for multi‑family development.; Potential for riverfront luxury units.
    More about this property
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