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11450 S Indian River Drive, Sebastian, FL 32958

$2,795,000
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Property Description

JUST REDUCED $200,000! RIVERFRONT 1.61 ACRES WITH 12 COTTAGES. OLD FLORIDA COMMUNITY WITH MODERN DESIGN UNITS RECENTLY UPDATED AND DECORATED BY MULTIPLE LOCAL AND NATIONAL PROFESSIONAL DECORATORS. PRIVATE DOCK AVAILABLE WITH 8 SLIPS TO USE FOR CLIENTS AND GREAT FISHING TOO! ONSITE MANAGER WITH OFFICE, SNACKS, BEER AND WINE,COMPLIMENTARY BIKES, KAYAKS & CANOES. GROUNDS WITH WIDE OPEN GREEN SPACE FOR ACTIVITIES, LARGE OAKS AND NATIVE FLORIDA LANDSCAPING. ADDITIONALLY, ZONED RM-6 FOR POSSIBLE RIVERFRONT 6-7 LUXURY UNIT MULTI FAMILY COMMUNITY. ALSO LISTED AS ML# 293664, VACANT LAND

11450 S Indian River Drive | MLS# 293660

This multi-family property located at 11450 S Indian River Drive, Sebastian, FL 32958 is currently listed for sale with an asking price of $2,795,000. Search Sebastian real estate on samsell.watsonrealtycorp.com today.

MLS#293660
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Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric, Other
Heating: Central, Electric, Individual
Lot Size: 1.61 Acres
Roof Type: Rolled/Hot Mop, Shingle
Stories: 1.0
Taxes: $18,015
Year Built: 1949

Amenities

Wet Bar
Eat-in Kitchen
Great Room
Primary Downstairs
Living/Dining Room
Enclosed Porch
Porch

Feature Descriptions

Community Features: Barbecue, Bicycle Storage, Clubhouse, Patio, Park, Property Manager On-Site, Water Access
Crops Included Y/N: No
Days on Site: 72
Directions: US 1 N TO S INDIAN RIVER DR THEN APPROXIMATELY 1/4 MILE NORTH WITH PROPERTY ON EAST SIDE
Exterior: Block, Concrete
Flooring: Carpet, Tile
Home Warranty Y/N: No
Laundry: Laundry Room
Lease Considered Y/N: No
Listing Terms: Cash
Lot: 1-3 Acres, Moderate Trees, Split Possible
Lot Dimensions: 187x514
Parcel#: 31390800000001000007.0
Parking: Assigned, Off Street
Parking Notes: Assigned, Off Street
Patio/Porch: Covered, Porch, Screened
Property Attached Y/N: No
Property Sub-Type: Apartment
Security: Smoke Detector(s)
Sewer: County Sewer
Water: Public
Water Features: Intracoastal Access, Navigable Water, River Front
Window: Single Hung, Sliding, Window Treatments

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway Florida
Agency Phone: 772-231-1270

Shown By

Agent Name: Sam Sell
Agent Phone: (904) 625-6678
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 15,794.37 per month $13,477.91 Principal & Interest $1,501.25 Property Tax $815.21 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/14/2026. The listing information on this page last changed on 03/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/14/2026 1:16:53 AM EST) or GAMLS (last updated Fri 03/13/2026 11:14:58 PM EST) or Stellar MLS (last updated Sat 03/14/2026 12:58:52 AM EST) or SPC MLS (last updated Fri 03/13/2026 11:20:32 PM EST) or Martin MLS (last updated Fri 03/13/2026 11:38:11 PM EST) or Indian River MLS (last updated Fri 03/13/2026 11:30:22 PM EST) or Daytona MLS (last updated Fri 03/13/2026 11:36:48 PM EST) or Northeast Florida MLS (last updated Sat 03/14/2026 12:18:41 AM EST) or Beaches MLS (last updated Sat 03/14/2026 1:05:25 AM EST) or BORMLS (last updated Fri 03/13/2026 11:15:57 PM EST) or Golden Isles MLS (last updated Fri 03/13/2026 11:26:30 PM EST) or Amelia/Nassau MLS (last updated Fri 03/13/2026 11:25:18 PM EST) or Dixie Gilchrist Levy MLS (last updated Fri 03/13/2026 11:42:21 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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