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    Sebastian, FL Multifamily Properties for Sale

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    Barefoot Bay, FL Melbourne, FL Palm Bay, FL
    Riverfront Acres in Sebastian, FL
    $2,795,000
    70,132 SF

    Riverfront Acres in Sebastian, FL

    11450 S Indian River Drive, Sebastian, FL 32958

    1.61 acres, zoned for multifamily, with private dock.

    • 1.61 riverfront acres with private dock and 8 slips.
    • Zoned RM‑6 for multi‑family development.
    • Potential for riverfront luxury units.
    • Currently operating with 12 updated and professionally decorated rental cottages.
    • Proximity to Sebastian Old Florida Riverfront Design Area (shops, restaurants, nightlife).
    Updated: Jan 1
    View details
    Riverfront Cottages on 1.61 Acres
    $2,795,000
    1.61 Acres

    Riverfront Cottages on 1.61 Acres

    11450 S Indian River Drive, Sebastian, FL 32958

    Riverfront property with 12 cottages and development potential.

    • Riverfront property with 1.61 acres and private dock with 8 slips
    • Includes 12 updated cottages with modern design
    • Zoned RM‑6 for potential development of a 6‑7 unit luxury multi‑family community
    • Onsite manager with office, snacks, beer, and wine available
    • Complimentary bikes, kayaks, and canoes for residents/guests
    Updated: Jan 1
    View details
    Waterfront Fourplex with Dock
    $1,895,000
    0.80 Acres

    Waterfront Fourplex with Dock

    Income-producing fourplex with dock on 0.80 acres.

    925 Indian River Dr, Sebastian, FL 32958
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    Sebastian, FL Multifamily Development Land
    $3,000,000
    674,308 SF

    Sebastian, FL Multifamily Development Land

    15.48 acres of land zoned for multifamily development.

    Foster Road, Sebastian, FL 32958
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Sebastian, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Rental Income
    $750,000
    2,060 SF

    Mixed-Use Property with Rental Income

    Versatile mixed-use property with residential and commercial potential.

    Grant Valkaria, FL 32949
    View details
    Multifamily Investment Opportunity in Vero
    $515,000
    1,462 SF

    Multifamily Investment Opportunity in Vero

    Three homes on 1.5 acres, income potential, central location.

    2840 41st St, Vero Beach, FL 32967
    View details
    Central Beach Triplex For Sale
    $1,500,000
    0.24 Acres

    Central Beach Triplex For Sale

    Triplex near beach with updated features and ample parking.

    5008 Tradewinds Dr, Vero Beach, FL 32963
    View details
    Turnkey RV Park with Expansion
    Contact for pricing
    10.00 Acres

    Turnkey RV Park with Expansion

    52-unit RV park with expansion potential in Fellsmere, Florida.

    11050 Co Rd 512, Fellsmere, FL 32948
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Hutchinson Island Land For Sale
    $190,000

    Hutchinson Island Land For Sale

    Land available on Hutchinson Island, suitable for development.

    5306 Keel Way, Hutchinson Island, FL 34949
    View details
    Coastal Development Site on A1A
    $1,200,000
    20.98 Acres

    Coastal Development Site on A1A

    20.98 acres on Hutchinson Island, Florida's Treasure Coast.

    4235 N Hwy A1A, Fort Pierce, FL 34949
    View details
    Upgraded Lot with Stunning Views
    $164,500
    0.06 Acres

    Upgraded Lot with Stunning Views

    Move-in-ready lot with golf course and lake views.

    399 NW Chipshot Lane, Port St Lucie, FL 34986
    View details
    RV Lot Backs Golf Course
    $290,000

    RV Lot Backs Golf Course

    Large RV lot with golf course access in active community.

    Port St Lucie, FL 34986
    View details

    Off-Market Properties in Sebastian, FL

    Consider similar Off-Market properties in Sebastian, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    118 Admiral Cir
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,048 SF Lot: 0.23 Acres
    Value Estimation by Request

    118 Admiral Cir, Sebastian, FL 32958-5680

    View details
    103 Admiral Cir
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,880 SF Lot: 0.23 Acres
    Value Estimation by Request

    103 Admiral Cir, Sebastian, FL 32958-5669

    View details
    8085 126th Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,972 SF Lot: 0.52 Acres
    Value Estimation by Request

    8085 126th Ln, Sebastian, FL 32958-3655

    View details
    286 Keen Ter
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,232 SF Lot: 0.24 Acres
    Value Estimation by Request

    286 Keen Ter, Sebastian, FL 32958-5085

    View details
    295 Wimbrow Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,438 SF Lot: 0.26 Acres
    Value Estimation by Request

    295 Wimbrow Dr, Sebastian, FL 32958-3300

    View details
    124 Admiral Cir
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,800 SF Lot: 0.23 Acres
    Value Estimation by Request

    124 Admiral Cir, Sebastian, FL 32958-5662

    View details
    103 Marsh St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,006 SF Lot: 0.23 Acres
    Value Estimation by Request

    103 Marsh St, Sebastian, FL 32958-5776

    View details
    257 Harp Ter
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,260 SF Lot: 0.23 Acres
    Value Estimation by Request

    257 Harp Ter, Sebastian, FL 32958-5070

    View details
    361 Harp Ter
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,196 SF Lot: 0.23 Acres
    Value Estimation by Request

    361 Harp Ter, Sebastian, FL 32958-3131

    View details
    11113 Airport Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,856 SF Lot: 0.34 Acres
    Value Estimation by Request

    11113 Airport Dr, Sebastian, FL 32958-8109

    View details
    11123 Airport Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,856 SF Lot: 0.34 Acres
    Value Estimation by Request

    11123 Airport Dr, Sebastian, FL 32958-8109

    View details
    108 Dahl Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,760 SF Lot: 0.23 Acres
    Value Estimation by Request

    108 Dahl Ave, Sebastian, FL 32958-2408

    View details
    272 Keen Ter
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,160 SF Lot: 0.23 Acres
    Value Estimation by Request

    272 Keen Ter, Sebastian, FL 32958-5063

    View details
    301 Wimbrow Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,218 SF Lot: 0.27 Acres
    Value Estimation by Request

    301 Wimbrow Dr, Sebastian, FL 32958-5087

    View details
    342 Wimbrow Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,596 SF Lot: 0.23 Acres
    Value Estimation by Request

    342 Wimbrow Dr, Sebastian, FL 32958-5095

    View details
    108 Flint St, Unit A
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,800 SF Lot: 0.23 Acres
    Value Estimation by Request
    Unit A

    108 Flint St, Sebastian, FL 32958-5655

    View details
    412 Del Monte Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,585 SF Lot: 0.23 Acres
    Value Estimation by Request

    412 Del Monte Rd, Sebastian, FL 32958-3116

    View details
    343 Wimbrow Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,152 SF Lot: 0.27 Acres
    Value Estimation by Request

    343 Wimbrow Dr, Sebastian, FL 32958-5093

    View details
    1201 Indian Riv Dr
    GARDEN APT, COURT APT (5+ UNITS)
    5,664 SF Lot: 0.16 Acres
    Estimated value
    $1,565,000

    1201 Indian Riv Dr, Sebastian, FL 32958-4109

    View details
    307 Wimbrow Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,218 SF Lot: 0.27 Acres
    Value Estimation by Request

    307 Wimbrow Dr, Sebastian, FL 32958-5088

    View details

    Sebastian, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Sebastian, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 744,440 square feet of properties for sale, with an estimated market value of $5,795,000.

    Sale prices for multifamily properties in Sebastian, FL start at $2,795,000, averaging $2,897,500, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Quadplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 39K
    Population Growth (5Y) +4.9%
    Median Household Income $63,352
    College Educated 21.1%

    High-Yield Neighborhoods for Investment

    Identify Sebastian submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    32958 $2.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.60%
    Property Tax per SF $32.70 per sq ft
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

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