$2,299,000
$200K PRICE DROP

925 Indian River Dr Sebastian, FL 32958

Estimated payment $13,659/month

Total Views 4,839
-- Bed
-- Bath
4,452 Sq Ft
$516 Price per Sq Ft

Highlights

  • Home fronts navigable water
  • Access To Intracoastal Waterway
  • Vaulted Ceiling
  • Sebastian Elementary School Rated 9+
  • River View
  • 4-minute walk to Riverview Park

About This Home

Anglers/Boaters/Water Lover's Dream Home and/or Income Producing Four-Plex. World Class In-Shore & Off-Shore Fishing(15 Minutes to Sebastian Inlet). Majestic River Views/Sea Breezes on this majestic .80 Acres with 200 ft. Dock (Complete with Water/Electric), 4k & 6k lbs. Boat Lifts, Huge Shaded Party Deck on Shore. Life of Rest, Relaxation & World Class Fishing Await Your Arrival! Electric & Water, while earning easy income on most sought after Sebastian vacation destination area. Established on Both sides of Road, Building. Also listed as residential (MLS#287381) Sizes approx/subj to err.

Listing Agent

Troy Westover

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-453-1206 License #3270315 Listed on: 02/10/2025

Dale Sorensen Real Estate Inc.

Co-Listing Agent

Andrew Westover

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-453-1206 License #3434215

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,543

Year Built

  • Built in 1991

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 110x342
  • Home fronts navigable water
  • River Front
  • Few Trees

Home Design

  • Quadruplex
  • Metal Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,452 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Window Treatments
  • Sliding Doors
  • River Views
  • Fire and Smoke Detector
  • Laundry Room

Flooring

  • Wood
  • Tile

Parking

  • 8 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • Shed

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 31390600013000500011.0

Community Details

Overview

  • Martins Subdivision

Building Details

  • 4 Separate Electric Meters
  • Operating Expense $11,543
  • Net Operating Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,543

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.8
  • Lot Size: 110x342
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0074
  • Co List Office Phone: 772-231-4712
  • Subdivision Name: Martins
  • Directions: Go East on Sebastian Blvd, then North (Left) on Indian River Blvd, then turn into charming tree canopy driveway, home on back of property.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1991
  • Attribution Contact: 772-453-1206
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Mixed Use
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Crown Molding, High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 4452.0
  • Stories: 2
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot, Few Trees
  • Pool Features: None
  • View: River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Shed
  • Other Structures: Shed(s)
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: NONE

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31390600013000500011.0
  • Zoning Description: Multiple,Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Property Net Operating Income: 9600.0
  • Annual Operating Expense: 11543.0
  • Number Of Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 11543.0
  • Tax Lot: 11
  • Tax Year: 2024

Map

Range of Values:

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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 Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $2,299,000 0.0% $516 / Sq Ft
05/16/2025 05/16/25 Price Changed $2,299,000 -8.0% $516 / Sq Ft
02/10/2025 02/10/25 For Sale $2,499,000 0.0% $561 / Sq Ft
02/10/2025 02/10/25 For Sale $2,499,000 -- $561 / Sq Ft
Source: REALTORS® Association of Indian River County

Source: REALTORS® Association of Indian River County

MLS Number: 285352

APN: 31-39-06-00013-0005-00011.0