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Property profile & analytics
OFF-MARKET Estimated value $1,245,000
Motels

11450 Indian Riv Dr Sebastian, FL 32958-4755

7,334 SF 1.61 ac lot Built 1950
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US18-4295160
Property summary
AI-generated overview

This exceptional 12-suite boutique hotel, situated on nearly 1.61 acres of pristine riverfront property in Sebastian, Florida, presents a unique investment opportunity. The property boasts an 8-slip private dock, a relaxing tiki hut, and complimentary guest amenities including bikes, kayaks, and canoes, enhancing the overall guest experience. Each of the twelve suites showcases a distinct design aesthetic, reflecting the talents of local and national interior designers. Its idyllic location, just minutes from the town of Sebastian, makes it an ideal venue for weddings, corporate retreats, and family gatherings. The hotel has consistently demonstrated strong revenue growth and has earned TripAdvisor's Travelers' Choice Award for the past four consecutive years, underscoring its popularity and high guest satisfaction. This established business offers significant potential for expansion and continued profitability. The property's prime location, coupled with its high-quality accommodations and attractive amenities, positions it for exceptional returns on investment. Seller financing is a possibility, making this an even more compelling proposition for discerning buyers. The property's proven track record, combined with its inherent appeal and growth potential, makes it a truly remarkable investment opportunity in the desirable Sebastian, Florida market.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1950
Construction WOOD
Total area 7,334 SF
Lot 1.61 ac (70,132 SF)
Zoning code RM-6
APN 31-39-08-00000-0010-00007.0
UPID US18-4295160
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Island View Cottages Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.25M
Owner & transaction history
Ferndale Suites LLC · 8 yrs held
Ferndale Suites LLC
since 2018
2 recorded transactions
2018
$1.4M
1969
Price N/A
Zoning & alternative use
RM-6 · Sebastian, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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