33
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$3,495,000
Est. payment /mo
1.5 Acres Lot
Active Under Contract
412 Indian River DR Sebastian, FL 32958
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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Edgewater
MLS Listing ID 291953
HOA Y/N No
Year Built 1969
Lot Size 1.500 Acres
Acres 1.5
Property Sub-Type Hotel/Motel
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
Location
State FL
County Indian River
Area Sebastian City
Zoning ,
Interior
Heating Central, Electric
Cooling Central Air
Flooring Terrazzo
Fireplace No
Exterior
Water Access Desc Public
Roof Type Shingle
Present Use Hotel/Motel
Total Parking Spaces 19
Building
Lot Description 1-3 Acres
Story 1
Entry Level One
Sewer County Sewer
Water Public
Level or Stories One
New Construction No
Others
HOA Name na
Tax ID 31390600020012000001.0
Acceptable Financing Cash, New Loan
Listing Terms Cash, New Loan
Listed by Berkshire Hathaway Florida
NEARBY SCHOOL & BUSINESS
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