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412 Indian River Drive

Sebastian, FL 32958
  • $3,495,000
  • STATUS: Active Under Contract
  • ON SITE: 149 Days
  • MLS #: 291953
Under Contract
UPDATED: 49 min ago
$3,495,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Edgewater
Type:
Commercial
Built:
1969
County:
Indian River
Area:
Sebastian City

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Description

WHAT A VIEW! 1.5 ACRE RIVERFRONT LOCATION. CURRENT USE AS MOM AND POP HOTEL WITH 17 UNITS, DOCK, POOL, PAVILION AND LAUNDRY. RM-8 USE AVAILABLE FOR UP TO 10 LUXURY CONDOS. MANY OTHER USES POSSIBLE AS WELL IN THE COMMERCIAL RIVERFRONT ZONING. ALSO POSSIBLE FOR ESTATE SIZE LOT SINGLE HOME OR SUBDIVIDE INTO 3 LOTS. LIFT STATION IN PLACE WITH COUNTY WATER. SOUTH INDIAN RIVER DRIVE LOCATION WITHIN PARK AND RESTAURANTS NEARBY. JUST INSIDE SEBASTIAN CITY LIMITS WITH RIVERFRONT PERFORMANCE OVERLAY ARCHITECTURAL RULES. ALSO LISTED AS VACANT LAND ML#291569

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© 2026 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Dale Sorensen Real Estate. Data last updated: 2026-03-14T23:37:10.96.
www.nicolepulcini.com/homes/168962312
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412 Indian River Drive Sebastian, FL 32958

  • Price: $3,495,000
  • Status: Active Under Contract
  • On Site: 149 Days
  • Updated: 49 min ago
  • MLS #: 291953
0
Beds
0
Baths
0
½ Baths
1.5
Acres
1969
Built
Neighborhood:
Edgewater
County:
Indian River
Area:
Sebastian City
Property Description
WHAT A VIEW! 1.5 ACRE RIVERFRONT LOCATION. CURRENT USE AS MOM AND POP HOTEL WITH 17 UNITS, DOCK, POOL, PAVILION AND LAUNDRY. RM-8 USE AVAILABLE FOR UP TO 10 LUXURY CONDOS. MANY OTHER USES POSSIBLE AS WELL IN THE COMMERCIAL RIVERFRONT ZONING. ALSO POSSIBLE FOR ESTATE SIZE LOT SINGLE HOME OR SUBDIVIDE INTO 3 LOTS. LIFT STATION IN PLACE WITH COUNTY WATER. SOUTH INDIAN RIVER DRIVE LOCATION WITHIN PARK AND RESTAURANTS NEARBY. JUST INSIDE SEBASTIAN CITY LIMITS WITH RIVERFRONT PERFORMANCE OVERLAY ARCHITECTURAL RULES. ALSO LISTED AS VACANT LAND ML#291569
Exterior Features

Construction Materials Block Frame Concrete Stucco Levels One Lot Features 1-3 Acres Parking Total 19 Road Frontage Type County Road Road Surface Type Paved Roof Shingle Waterfront YN Yes

Interior Features

Building Area Total 11331 Cooling Central Air Flooring Terrazzo Heating Central Electric Heating YN Yes

Property Features

Business Name SPORTSMAN' S LODGE Business Type Hotel / Motel Current Use Hotel / Motel Gross Income 0 Insurance Expense 0 Listing Terms Cash New Loan Lot Size Dimensions 241 X288 Maintenance Expense 0 Net Operating Income 0 New Construction YN No Operating Expense 0 Property Sub Type Hotel / Motel Property Sub Type Additional Industrial Commercial Sewer County Sewer Utilities Expense 0 Water Source Public Zoning Zoning Description Commercial Residential

Listing courtesy of Berkshire Hathaway Florida: 772-231-1270.


© 2026 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Dale Sorensen Real Estate. Data last updated: 2026-03-14T23:37:10.96.
 
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