Sold Jul 6, 2026
$3,365,885About this home
WHAT A VIEW! 1.5 ACRE RIVERFRONT LOCATION. RM-8 USE AVAILABLE FOR UP TO 10 UNITS OR CURRENT USE AS MOM AND POP HOTEL. 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.
Listing last checked: Listing updated:
Listed by Kenneth A Landers Jr · Berkshire Hathaway Florida · MLS #R11131958
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities5 property facts
- Lot size
- 1.5 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- CR
Financial2 property facts
- Annual taxes
- $21,521
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $3,495,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$19,466 / monthAdjust
- Principal & interest
- $17,673
- Property tax
- $1,793
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $21,521. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Comparable properties 3 supplied
Sold Jul 1, 2026
$3,300,00025 Sabal Island Drive
Sold Aug 12, 2026
$3,325,000310 Coral Way
Explore more of Sebastian
Continue your search in Sebastian.
Need help making sense of this home?
About 412 Indian River Drive
Can I request a private showing?
Request a tour of 412 Indian River Drive and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.