11450 S Indian River Drive Sebastian FL 32958

Waterfront
Waterfront
Listed By:
Berkshire Hathaway Florida; 772-231-1270
Address
11450 S Indian River Drive, Sebastian, FL
Price
$ 2,795,000

Your Agent

Darci Margeson

Homes by Darci | REALTOR®

561-701-3223

Property Attributes
  • MLS#293664
  • TypeLand
  • Listing Status Active
  • CountyIndian River
  • CitySebastian
  • AreaSebastian County
  • NeighborhoodIndian River Farms
  • Zip32958
  • Style
  • Taxes$ 18015
  • Price$ 2,795,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage70132
  • Lot Size1.61 Acres
Data Source:
REALTORS® Association of Indian River County (RAIRC)
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

Price History
1/7/2026 Listed $2,995,000
2/13/2026 7$2,795,000

General Features

Sewer Connected
View River
Parcel Number 31390800000001000007.0
Waterfront Features Intracoastal Access,Navigable Water,River Front
County Indian River
Property Type Land
Subdivision Name Indian River Farms
Status Active
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
ModificationTimestamp 2026-02-14T18:19:51.033-00:00
City Sebastian
Association Name NA
MLS Area Sebastian County
Lot Size Units Acres
Standard Status Active
PostalCity Sebastian
Legal Description 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
AttributionContact 772-231-1270
Tax Year 2025
Community Features Park,Storm Drain(s),Water Access
Zoning Description Multiple
Tax Annual Amount 18015
Tax Assessed Value 1220026
Tax Lot 7
Utilities Cable Available,Electricity Available
Current Use Other
Possible Use Mixed Use
Lot Size Square Feet 70132

Exterior Features

Water Source Connected,Public
Waterfront Y/N true
Lot Features 1-3 Acres,Moderate Trees,Split Possible
Road Surface Type Paved
Lot Size Area 1.61
Lot Size Acres 1.61
Number of Lots 1
Lot Dimensions 187X514

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32958

Price
AVG $1.19M
$2.8M
Taxes
AVG $4,845
$18,015

Areas We Cover