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.
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
This listing can also be located in the MLS system as RX-11131958