Unimproved Land in 412 Indian River Drive, Sebastian, FL 32958 for sale with MLS# R11131958

WHAT A VIEW! 1.5 ACRE RIVERFRONT LOCATION. RM-8 USE AVAILABLE FOR UP TO 10 UNITS OR CURRENT USE AS MOM AND POP HOTEL. ALSO POSSIBLE FOR ESTATE SIZE LOT SINGLE HOME OR SUBDIVIDE INTO 3 LOTS. DOCK SPACE AVAILABLE AS WELL. LIFT STATION IN PLACE WITH COUNTY WATER. SOUTH INDIAN RIVER DRIVE LOCATION WITHIN PARK AND RESTAURANT LOCATIONS. JUST INSIDE SEBASTIAN CITY LIMITS WITH RIVERFRONT PERFORMANCE OVERLAY ARCHITECTURAL RULES.

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412 Indian River Drive, Sebastian, FL 32958

Price
Price:
$3,495,000.00
Original List Price:
$3,495,000.00
List Price per Sq Ft (Calculated, Approx.):
$53.14
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Status Change
Last Major Update on:
November 17, 2025 2:13 pm
Other Special Conditions:
Flood Zone
Measures
Lot Area:
65,770 Sqft
Lot Size Dimensions and Info:
241X288
Lot Size Unit:
Acres
Lot Features:
Utility Building, Home
Lot Size Acres:
1.5
Number of Lots:
1
Property Features
View from the Property:
Pool, River, Intracoastal
Waterfront:
Yes
Waterfront Features:
Ocean Access, Intracoastal
Other Structures:
Utility Barn(s)
Current Use:
Commercial, Farm, Unimproved, Multi-family
Boat and Dock Features:
Private Dock, Electric Available
Vegetation and Trees:
Other, Partial Tree Coverage
Property Entrance Faces:
West
Construction
Road Frontage Type:
County Road, Public Road, East of US-1
Possible Use:
Commercial
Taxes and Expenses
Tax Annual Amount:
$21,521.3
Tax Year:
2025
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Electricity Available, Sewer Available, Water Available
Water Source:
Public
Community
Amenities Provided by the Homeowner's Association (HOA):
Pool, Cabana, Laundry, Picnic Area, Manager On Site
Subdivision Name:
EDGEWATER PARK SUB
Senior Community:
No
Development Status:
Recorded Plat
Community Dock
Terms
Documents Available:
Aerial, Survey
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
''''''EDGEWATER PARK SUB PBI 1-23 LOTS 1 & 2 & UNNUMBERED LOT BLK12, LESS N 10 FT''''''
Real Estate Folio Number (Parcel Number):
313906000200120000010
Zoning:
CR
Public Schools Assigned
Elementary School:
Pine Trail Elem
High School:
Sebastian River
Middle Or Junior School:
Storm Grove
Listing History
Active on the market since:
October 13, 2025
Listing Agreement executed on:
October 13, 2025
Purchase Contract Date:
November 14, 2025
Listing Status Last Changed On:
November 17, 2025 2:13 pm
Photos updated on:
November 19, 2025 1:27 am
Last Modified:
May 19, 2026 10:15 am
Additional Information
Courtesy of:
Berkshire Hathaway Florida
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Indian River
Street Number:
412
City:
Sebastian
State:
Florida
Zip Code:
32958
County:
Indian River
Latitude:
N27° 48' 26.9''
Longitude:
W81° 32' 14.1''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $68,276
Median Home Value $279,100
Median Rent $1,388/mo
Median Age 59
Population 29,641
Ver la Propiedad Ver la propiedad 412 Indian River Drive, Sebastian, FL 32958
This listing can also be located in the MLS system as RX-11131958
Association of REALTORS®
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