Property profile

1201 Indian Riv Dr Sebastian, FL 32958

OFF-MARKET
Garden apartment buildings
Property ID
US19-0873185
5,664 SF 0.16 ac lot Built 1942
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1942
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,664 SF
Lot 0.16 ac (6,970 SF)
Zoning code CWR
APN 31-39-06-00000-0050-00007.0
UPID US19-0873185

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Swimwear Store Beach Clothing Store
  • Photography Service (Bike/Boat/Book/etc) Store

Location

1201 Indian Riv Dr Sebastian, FL 32958-4109
Sebastian metro Census 50808 SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.51M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M

Owner & transaction history

since 2023
Last sale
$1.6M
5 recorded transactions
2023
$1.6M
2017
Price N/A
2007
Price N/A
2005
$1.2M
1999
$140,000

Zoning & alternative use

CWR · Sebastian, FL
Zoning description

The zoning district is intended to provide for a mixture of uses and a variety of opportunities for recreational, residential and commercial uses while protecting the environment.

General category COMMERCIAL
Top alternative use upside
Restaurant $2.6M +227.0%
Industrial (general) $1.8M +126.5%
Office building $1.3M +61.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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