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412 Indian River Drive, 
Sebastian, FL 32958

$3,495,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Chip Landers

, 

Becky Rossway

Berkshire Hathaway Florida

772-231-1270

Last updated:

October 15, 2025, 05:17 PM

MLS#

291889

Source:

FL RAIRC

About This Home

412 Indian River Drive

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. 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 ML#291569 VACANT LAND

Home Facts

Multi-Family

Built in 1969

Price Summary

3,495,000

MLS #:

291889

Last Updated:

October 15, 2025, 05:17 PM

Added:

17 day(s) ago

Structure

Structure

Year Built:

1969

Lot

Lot Size (Sq. Ft):

65,340

Finances & Disclosures

Finances

Price:

$3,495,000

Source:FL RAIRC
The information being provided by REALTOR® Association Of Indian River County Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 REALTOR® Association Of Indian River County Mls All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.