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412 Indian River Drive, Sebastian, FL 32958

$3,495,000
SAVE TOUR PROPERTY

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Property Description

UNDER CONTRACT, BACKUPS ENCOURAGE. WHAT A VIEW! 1.5 ACRE RIVERFRONT LOCATION. RM-8 USE AVAILABLE FOR UP TO 10 LUXURY CONDOS. CURRENT USE AS MOM AND POP HOTEL WITH 17 UNITS, POOL, PAVILION AND LAUNDRY. 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. ALSO LISTED AS COMMERCIAL ML#291953

412 Indian River Drive | MLS# 291569

This land located at 412 Indian River Drive, Sebastian, FL 32958 is currently listed for sale with an asking price of $3,495,000. The property has approximately 1.50 Acres. Search Sebastian real estate on www.watsonrealtycorp.com today.

Contingent
LOT SIZE 1.500 acres SQUARE FEET65,770 MLS#291569
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Property Features

Property Type: Land - Residential
Cooling: Central Air
Heating: Central, Individual
Lot Size: 1.50 Acres
Stories: 1.0
Taxes: $21,521
Square Feet: 65,770

Amenities

Outdoor Shower
Porch

Feature Descriptions

Community Features: Pool, Storm Drain(s), Water Access
Crops Included Y/N: No
Days on Site: 163
Directions: IR DRIVE SOUTH OF CR512 AND NORTH OF US1
Door Features: Sliding Doors
HOA Fee: 0/ Monthly
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: Cash, New Loan, Other
Lot: 1-3 Acres, Split Possible
Lot Dimensions: 241X288
Parcel#: 31390600020012000001.0
Patio/Porch: Covered, Porch
Pool: Community
Property Attached Y/N: No
Sewer: Connected
Special View Info: Intercoastal, River
Utilities: Cable Available, Electricity Available
Water: Connected, Public
Water Features: Intracoastal Access, River Front
Window: Window Treatments

Listed By / Shown By

Listed By

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

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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Estimated Payment

$ 19,666.21 per month $16,853.42 Principal & Interest $1,793.42 Property Tax $1,019.38 Homeowner's Insurance

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