$499,000
$11K PRICE DROP

Estimated payment $3,231/month

Total Views 978
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • 5 Car Attached Garage
  • Tile Flooring
  • Covered Patio or Porch
  • Multiple cooling system units
  • Multiple Heating Units

About This Home

Excellent income-producing duplex in the heart of Sebastian! Each side offers 3 bedrooms, 2 baths, a 1-car garage, and 1,416 sq ft of living space. Enjoy a 2019 roof, 2021 HVACs, 2020 & 2023 water heaters, and low-maintenance tile and vinyl floors throughout. Both units include screened porches for relaxing outdoors. Corner lot with ample parking plus space for a boat or RV. Conveniently close to shopping, dining, medical care, and the riverfront—perfect for investors or owner-occupants alike!

Listing Agent

Derek Cranmer

Keller Williams Realty of VB Brokerage Phone: 772-563-8003 License #3607726 Listed on: 10/19/2025

Keller Williams Realty of VB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,134

Year Built

  • Built in 2005

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 110x125

Parking

  • 5 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Fire and Smoke Detector
  • Laundry in unit

Flooring

  • Tile
  • Vinyl

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Septic Tank

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 31381200005505000019.0

Community Details

Overview

  • Sebastian Highlands Subdivision

Building Details

  • 2 Separate Electric Meters
  • Operating Expense $7,134
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,134

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Lot Size: 110x125
  • Subdivision Name: Sebastian Highlands
  • Directions: GPS
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2005
  • Attribution Contact: 772-563-8003
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Interior Amenities: High Ceilings, Vaulted Ceiling(s)
  • Stories: 1
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Porch, Rain Gutters
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Gutter(s)
  • Association Name: Owner

Lot Info

  • Current Use: Residential
  • Parcel #: 31381200005505000019.0
  • Zoning Description: Residential

Multi Family

  • Annual Gross Income: 48000.0
  • Annual Operating Expense: 7134.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 7134.0
  • Tax Lot: 19
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 Price Changed $499,000 -2.2% --
10/19/2025 10/19/25 For Sale $510,000 0.0% --
11/21/2024 11/21/24 Off Market $2,000 -- --
10/08/2024 10/08/24 Off Market $2,000 -- --
10/01/2024 10/01/24 For Rent $2,000 0.0% --
09/27/2024 09/27/24 For Rent $2,000 0.0% --
03/28/2024 03/28/24 Sold $495,000 0.0% $132 / Sq Ft View Prior Sale
02/15/2024 02/15/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $495,000 +41.5% $132 / Sq Ft
04/06/2021 04/06/21 Sold $349,900 0.0% $124 / Sq Ft View Prior Sale
04/06/2021 04/06/21 For Sale $349,900 -- $124 / Sq Ft
Source: REALTORS® Association of Indian River County

Source: REALTORS® Association of Indian River County

MLS Number: 292003

APN: 31-38-12-00005-5050-00019.0