$1,057,500
SOLD JUN 30, 2025

11516 S Indian River Dr Sebastian, FL 32958

3 Beds
2 Baths
1,850 Sq Ft
0.75 Acres

Recently Sold

$572 Per Sq Ft

12% Below List Price

53 Days on Market

Highlights

  • Parking available for a boat
  • Home fronts navigable water
  • Intracoastal View
  • Sebastian Elementary School Rated 9+
  • Access To Intracoastal Waterway
  • Vaulted Ceiling

About This Home

As of June 2025

Discover a rare 0.75-acre Intracoastal waterfront property with a private dock, sparkling 50 ft pool, & no HOA. Redesigned for Airbnb potential, it blends vintage charm with modern upgrades, including a new roof (2022) & A/C (2023). The spacious layout features wood & tile floors, a cozy fireplace, & stunning tongue & groove ceiling. Wake up to breathtaking water views & enjoy sunrise over the Intracoastal from your screened-in porch. With space for your boat or RV, and no restrictions to limit your waterfront lifestyle. Ideally located with easy access to boating, beaches, & top amenities

Last Agent to Sell the Property

Lynda Robinson

Keller Williams Realty of VB Brokerage Phone: 772-646-1028 License #3295721 Listed on: 03/01/2025

Keller Williams Realty of VB

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,919

Year Built

  • Built in 1950

Lot Details

  • 0.75 Acre Lot
  • Home fronts navigable water
  • River Front
  • West Facing Home
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Intracoastal
  • River

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Sliding Doors

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Free Form Pool
  • Access To Intracoastal Waterway
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 31390700000001000011.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,919

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Lot Size: .75
  • Ownership: Single Family/Other
  • Subdivision Name: Other
  • Directions: North on US 1 to South Indian River Dr
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1950
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-646-1028
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1850.0
  • Stories: 2

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot, Few Trees
  • Pool Features: Free Form, Other, Pool
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, River Front
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Frame
  • Direction Faces: West
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Boat, Garage, RV Access/Parking

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Name: N/A
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 31390700000001000011.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4919.0
  • Tax Lot: 1
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2025
Closed on
Jun 27, 2025
Sold by
Flanagan Lynn Marie
Bought by
Lubranecki Marian Louise and Lubranecki Loni Marie
Seller's Agent
Lynda Robinson
Keller Williams Realty of VB
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$1,200,000
Sold Price
$1,057,500
Premium/Discount to List
-$142,500
-11.88%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Mar 14, 2022
Sold by
Borlas Craig J and Borlas Marie Lynn
Bought by
Flanagan Lynn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2002
Sold by
Borlas Craig J and Borlas Lynn
Bought by
Baird Leonard H and Baird Summer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.72%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,057,500 Professional Title
Warranty Deed $1,057,500 Professional Title
Quit Claim Deed -- New Title Company Name
Quit Claim Deed -- New Title Company Name
Warranty Deed $123,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $1,057,500 -11.9% $572 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
03/01/2025 03/01/25 For Sale $1,200,000 -- $649 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,728 $377,366 -- --
2023 $2,728 $223,185 $0 $0
2022 $2,648 $216,684 $0 $0
2021 $2,636 $210,373 $0 $0
2020 $2,622 $207,468 $0 $0
2019 $2,623 $202,804 $0 $0
2018 $2,599 $199,022 $0 $0
2017 $2,573 $194,929 $0 $0
2016 $2,539 $190,920 $0 $0
2015 $2,629 $189,600 $0 $0
2014 $2,554 $188,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 285969

APN: 31-39-07-00000-0010-00011.0