412 Indian River Drive Sebastian, FL 32958
11,331 Sq. Ft. / 65,340 Sq. Ft., 1.5 acres lot size / Hotel
Compensation Details Available
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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
property details
Type
Hotel
Status
Active
County
Indian River
Year Built
1969
Sq. Ft.
11,331
Lot Size
65,340 Sq. Ft., 1.5 acres
Listing Id
291953
Courtesy Of
Kenneth A "Chip" Landers - Berkshire Hathaway Florida 772-231-1270
List Office Phone
+1 (772) 231-1270
Subdivision
Edgewater
Buyer Broker Compensation
An offer of buyer broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
Broker Compensation Offered
Interior Features
Flooring
Terrazzo
Living Area Units
Sq. Ft.
Exterior Features
Roof
Shingle
Lot/Land Description
Waterfront
Stories
1
Parking Spaces
19
Utility & Building Info
Parcel Number
31390600020012000001
Cooling
Central Air
Water Source
Public Water
Heating
Electric Heating
Central
Central
Building Area Total
11,331 Sq. Ft.
Price Per Sq Ft
$308
Architectural Style
1 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
10/16/2025
10/16/2025
|
Active |
$3,495,000
|
Realtors Assoc of Indian River County (FLRAIRC) |
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Market Trends
Source: Constellation1
Mortgage Calculator
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