$1,400,000
- Beds
- 3
- Baths
- 4.0
- sq ft
- 2,844
13395 N Indian River Dr Unit 5, Sebastian, FL 32958
13395 N Indian River Dr Unit 5
SEBASTIAN, FL 32958
- 208 days on market
- Price drop $297,000↓
DEVELOPER & INVESTOR ALERT! A true rare-find of 8 Lots on 1.34 Acres of prime real estate across the street from the picturesque Sebastian Riverfront. Electric, water, sewer, and cable already setup for all 8 lots. Embrace the opportunity to craft your ideal retreat with breathtaking waterfront vistas or explore the potential for development with up to 8 single family residences, tiny homes, etc. Or capitalize on the current mobile home park/RV lodge setup, offering limitless income generation.
As you journey along the private, palm-lined paved road, you'll be immersed in lush landscaping and greeted by a vibrant community of osprey, white pelicans, and other tropical birds.
This versatile property, zoned for both residential and commercial use (RM-6), currently features 8 full-time or part-time rentable lots complete with essential utilities such as electricity, water, sewer, and cable connections.
The height restriction for each unit built on the property is 28 feet high. Each lot is 48 feet wide. Up to 8 units can be on the property - RVs, Mobile Homes, Single Family Homes, Duplexes (4), etc. Perfect for a 8 Tiny Homes too! Just no multi-family buildings.
Unlock the highly-profitable income potential through further property development, including the option for subdivision. Situated in the heart of the Treasure Coast, mere steps from the Indian River, indulge in the daily spectacle of dolphins dancing at sunrise.
Just a mile south lies the renowned Capt Hirams Resort, offering delectable dining, live entertainment, and an array of leisure activities. Go just a little further and stop by the world famous Earl's Hideaway Lounge.
Venture less than two miles to Sebastian's Riverview Park, a vibrant hub for major events and concerts. Here, you'll also find an array of amenities including a Splash Pad, Veterans War Memorial, sand volleyball courts, and scenic walkways tracing the Riverfront District.
Join the ranks of ever-growing annual tourists drawn to this captivating locale by its proximity to Sebastian Inlet, one of Florida's 60 coastal inlets.
Bordering the inlet on both sides, Sebastian Inlet State Park attracts between 750,000 to one million visitors annually, underscoring the region's irresistible allure. Seize the opportunity to own this rare gem boasting 1.34 acres of enchanting Indian River views.
Embrace the undeniable appeal of the Treasure Coast and embark on your next chapter surrounded by natural splendor and limitless potential.
*Please Do Not Disturb Owner and Residents
Details
Property type
Manufactured Home
Type
Double Wide
Lot size
1.34 acres
Price per sq ft
$493
Year built
1999
Annual property taxes
$6,157
HOA
No
Price History
11/22/2024
StellarMLS #T3530426
Price change
$1,400,000
-17.5%
05/30/2024
StellarMLS #T3530426
Listed
$1,697,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/23/2024 at 8:15 PM
Listing updated: 11/22/2024 at 12:41 PM
Listed by: Christie Di Lemme, FLORIDA HOMES REALTY & MORTGAGE Phone #: (904) 996-9144
MLS: StellarMLS #T3530426
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