Residential Land for Sale in Sebastian, Florida
11450 S Indian River Dr, Sebastian, FL 32958
JUST REDUCED $200,000! 1.61 RIVERFRONT ACRES. ZONED RM-6 FOR POSSIBLE RIVERFRONT LUXURY UNIT MULTI FAMILY COMMUNITY. PRIVATE DOCK INCLUDED WITH 8 SLIPS TO USE FOR CLIENTS AND GREAT FISHING. WIDE OPEN GREEN SPACE NEAR THE RIVERFRONT PORTION OF THE LAND AND LARGE OAKS ON FRONT OF PROPERTY. JUST .25 MILES FROM THE SEBASTIAN OLD FLORIDA RIVERFRONT DESIGN AREA WITH SHOPS, RESTAURANTS AND NIGHTLIFE. CURRENT USAGE IS 12 OLD FLORIDA DESIGN RENTAL COTTAGES RECENTLY UPDATED & PROFESSIONALLY DECORATED. ALSO LISTED AS ML#293660
Location
- Street address
- 11450 S Indian River Dr
- County
- Indian River County
- Community
- Indian River Farms
- School district
- Indian River County Schools
- Elevation
- 5 feet
Directions
US 1 TO S INDIAN RIVER DR THEN APPROXIMATELY 1/4 MILE NORTH WITH PROPERTY ON EAST SIDE. LOOK FOR SIGN FOR ISLAND VIEW COTTAGES
Property details
- Acreage
- 1.61 acres
- MLS #
- RAIRC 293664
- Posted
Property taxes
- 2025
- $18,015
Parcels
- 31390800000001000007.0
Legal description
FROM THE SE COR OF LOT 1, SEC 7, TWP 31, RNG 39, RUN S 270 FT TO A POINT; TH E 11.4 FT TO A POB ON E ROW LINE OF OLD U.S. HWY NO. 1 (NOW COMMONLY KNOWN AS RIVER ROAD) AND S LINE OF W.J. PLATTEN PROPERTY FROM SAID POB RUN S 18 DEG 38 MIN E A DIS OF 18 7.5 F
Details and features
Listing
- Type
- Land
- Zoning
- Multiple
- Franchise
- Berkshire Hathaway Home Services
Lot
- Vegetation
- Wooded
- View
- River
- Waterfront
- Navigable Water, River Front
- Features
- Moderate Trees, One to Three Acres, Split Possible
Structure
- Water
- Public
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 13, 2026 | Price drop | $2,795,000 | $200,000 -6.7% | RAIRC |
| Jan 1, 2026 | New listing | $2,995,000 | — | RAIRC |
