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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! 1.61 RIVERFRONT ACRES. ZONED RM-6 FOR POSSIBLE RIVERFRONT LUXURY UNIT MULTI FAMILY COMMUNITY. PRIVATE DOCK INCLUDED WITH 8 SLIPS TO USE FOR CLIENTS AND GREAT FISHING. WIDE OPEN GREEN SPACE NEAR THE RIVERFRONT PORTION OF THE LAND AND LARGE OAKS ON FRONT OF PROPERTY. JUST .25 MILES FROM THE SEBASTIAN OLD FLORIDA RIVERFRONT DESIGN AREA WITH SHOPS, RESTAURANTS AND NIGHTLIFE. CURRENT USAGE IS 12 OLD FLORIDA DESIGN RENTAL COTTAGES RECENTLY UPDATED & PROFESSIONALLY DECORATED. ALSO LISTED AS ML#293660

11450 S Indian River Drive | MLS# 293664

This land located at 11450 S Indian River Drive, Sebastian, FL 32958 is currently listed for sale with an asking price of $2,795,000. The property has approximately 1.61 Acres. Search Sebastian real estate on samsell.watsonrealtycorp.com today.

Property Features

Property Type: Land - Residential
Lot Size: 1.61 Acres
Taxes: $18,015
Square Feet: 70,132

Feature Descriptions

Community Features: Park, Storm Drain(s), Water Access
Crops Included Y/N: No
Days on Site: 72
Directions: US 1 TO S INDIAN RIVER DR THEN APPROXIMATELY 1/4 MILE NORTH WITH PROPERTY ON EAST SIDE. LOOK FOR SIGN FOR ISLAND VIEW COTTAGES
HOA Fee: 0/ Monthly
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: Cash, New Loan
Lot: 1-3 Acres, Moderate Trees, Split Possible
Lot Dimensions: 187X514
Parcel#: 31390800000001000007.0
Property Attached Y/N: No
Sewer: Connected
Special View Info: River
Utilities: Cable Available, Electricity Available
Water: Connected, Public
Water Features: Intracoastal Access, Navigable Water, River Front

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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