412 Indian River Drive, Sebastian, FL 32958

$3,495,000

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List Price
$3,495,000
Days on Market
301
MLS#
291953
Year Built
1969
Acres
1.50
MLS Area Major
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

Additional Information

Zoning
,
Heating
Central, Electric
Air Conditioning
Central Air
Roof
Shingle

Courtesy of Berkshire Hathaway Florida.

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