412 Indian River Drive, Sebastian, FL 32958

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List Price
$3,495,000
MLS#
291569
Status
ACTIVE UNDER CONTRACT
County
Indian River
City
Sebastian
Subdivision
Edgewater
Living Area
65,770
Acres
1.50

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

Additional Information

Days on Market
390
Stories
1
Cooling
Central Air
Heating
Central, Individual
Exterior Features
Outdoor Shower, Porch
Pool Description
Community

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Florida.