11450 S Indian River Drive
Sebastian, FL 32958
70,132Sqft(Lot)
1.61Acres(Lot)
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
Property Details
Map
Map
Features
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Heating & Cooling
Water front: 1
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Lot Information
Lot Dimensions: 187X514 Main Square Feet: 1.61 Lot Size Acres: 1.61 Lot Size Square Feet: 70,132 Lot Description: OneToThreeAcres,ModerateTrees,SplitPossibleProperty Information
Subdivision: Indian River Farms Source Property Type: Land Zoning Description: Multiple
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Listing Price Information
Listing Price: $2795000Original Price: $2995000Cash, NewLoan
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Tax Information
Parcel Number: 31390800000001000007.0 Tax Lot: 7 Tax Block: 0 Tax Year: 2025 Annual Tax: $18015 Tax Legal Desc: FROM THE SE COR OF LOT 1, SEC 7, TWP 31, RNG 39, RUN S 270 FT TO A POINT; TH E 11.4 FT TO A POB ON E ROW LINE OF OLD U.S. HWY NO. 1 (NOW COMMONLY KNOWN AS RIVER ROAD) AND S LINE OF W.J. PLATTEN PROPERTY FROM SAID POB RUN S 18 DEG 38 MIN E A DIS OF 18 7.5 F
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Utility Information
CableAvailable, ElectricityAvailable -
Location Information
Direction: 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 WaterSource: Connected, Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 760 Carnation Drive, Sebastian, FL, 32958 | $95,000 | -- | -- | 10,019 | 0.23 Acre(Lot) |
| 1531 Us Highway 1 Highway, Sebastian, FL, 32958 | $550,000 | -- | -- | -- | 25,191 Sqft(Lot) |
| 1579 Eagles Circle, Sebastian, FL, 32958 | $175,000 | -- | -- | -- | 0.71 Acre(Lot) |
| 789 Sebastian Boulevard, Sebastian, FL, 32958 | $249,000 | -- | -- | -- | 12,800 Sqft(Lot) |
| 6616 110th Place, Sebastian, FL, 32958 | $199,000 | -- | -- | -- | 0.24 Acre(Lot) |
| 1510 Emerson Lane, Sebastian, FL, 32958 | $85,000 | -- | -- | -- | 10,019 Sqft(Lot) |
| 294 Main Street, Sebastian, FL, 32958 | $95,000 | -- | -- | -- | 0.23 Acre(Lot) |
| 286 Main Street, Sebastian, FL, 32958 | $95,000 | -- | -- | -- | 0.23 Acre(Lot) |
| 11513 Old Dixie Highway, Sebastian, FL, 32958 | $2,400,000 | -- | -- | -- | 11.17 Acres(Lot) |
| 000 Foster Road, Sebastian, FL, 32958 | $3,000,000 | -- | -- | 674,308 | 15.48 Acres(Lot) |
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ByOwner last updated this listing 06/12/2026 @ 18:19
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