412 Indian River Dr, Sebastian, FL 32958

Building Details

Year Built

1969

Listing office Berkshire Hathaway HomeServices Florida Realty c***@chiplanders.com Show Phone

Listing date Mar 11, 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

Report an issue

---

Overview

This 1.5-acre riverfront property currently operates as a 17-unit hotel, featuring a dock, pool, pavilion, and laundry facilities. Zoned RM-8, the site allows for up to 10 luxury condominiums. The commercial riverfront zoning also permits various other uses. Alternatively, the property could accommodate an estate-sized single home or be subdivided into three lots. A lift station is in place, and county water is available. Located on South Indian River Drive, the property is situated near parks and restaurants, just inside Sebastian city limits, and is subject to riverfront performance overlay architectural rules.

Suggested Use

Pharmacy Big Box & Wholesale Store Dental Office Hotel & Motel Storage Facility Law Firm Building Supply Grocery & Convenience Store Department Store Grocery & Convenience Store

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

Location Insight

• Map
• Local Demand

City

Sebastian

County

Brevard

State

Florida

Longitude

-80.4631

Latitude

27.8073

Nearby Similar for Sale

• 

  $5,495,000

  29,796 SF

  Industrial Manufacturing Facility with Office

  Concrete industrial building with a clear-span warehouse and finished office, fully sprinklered and climate controlled.

  10045 102nd Terrace, Sebastian, FL 32958

  View Details
• 

  $3,495,000

  65,770 SF

  Riverfront Land with Development Potential

  1.5-acre riverfront property suitable for condos, hotel, or estate.

  412 Indian River Drive, Sebastian, FL 32958

  View Details
• 

  $550,000

  Sebastian Commercial Land For Sale

  1.52 acre commercial land with high-exposure frontage.

  11515 S Indian River Drive, Sebastian, FL 32958

  View Details
• 

  $8,500,000

  21,440 SF

  Industrial Building on 15 Acres

  Industrial building with 1,200 Amps on 15 acres.

  7550 129th Street, Sebastian, FL 32958

  View Details
• 

  $2,000,000

  9,892 SF

  Office/Warehouse Facility For Sale

  Single-tenant office/warehouse facility with functional office and operational warehouse space.

  181 Sebastian Blvd, Sebastian, FL 32958

  View Details
• 

  $550,000

  Commercial Redevelopment Site with Parking

  US-1 frontage redevelopment parcel with a gutted 1989 building shell and 37 parking spaces for flexible future concepts.

  11390 US Highway 1, Sebastian, FL 32958

  View Details
• 

  $120,000

  Sebastian Commercial Land For Sale

  Commercial vacant land in Sebastian, great for development or investment.

  6940 Woodmere Road, Sebastian, FL 32958

  View Details
• 

  $619,000

  Riverfront Homesite in Gated Community

  Expansive homesite with direct river frontage and resort-style amenities.

  9518 Riverside Drive, Sebastian, FL 32958

  View Details
• 

  $333,333

  Riverfront Homesite in Gated Community

  Premier river-frontage homesite in gated Village of Kashi.

  11311 Ganesh Way, Sebastian, FL 32958

  View Details
• 

  $130,000

  Waterfront Homesite in Sebastian, Florida

  Waterfront homesite in a peaceful, low-traffic community.

  759 S Fischer Circle, Sebastian, FL 32958

  View Details
• 

  $750,000

  Indian River Drive Land Opportunity

  Expansive parcel with potential for development or luxury estate.

  13595 N Indian River Drive, Sebastian, FL 32958

  View Details
• 

  $290,000

  Sebastian Land Development Opportunity

  Three adjoining lots near US-1, ideal for single-family homes.

  12850 Roseland Road, Sebastian, FL 32958

  View Details

FAQs

What type of property is this?

Hotel - 1.5-acre riverfront property with hotel, development, and subdivision possibilities.

Where is this hotel located?

The property is located at 412 Indian River Dr Sebastian, FL.

What is the asking price?

The asking price for this property is $3,495,000.

What are key features of this property?

This property features: 1.5 Acre Riverfront Location with Dock; RM‑8 Zoning Allows Up To 10 Luxury Condos; Commercial Riverfront Zoning Allows Many Uses