11450 S Indian River Dr | Sebastian, FL 32958
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11450 S Indian River Dr
Sebastian, FL 32958
Island View Cottages · Hospitality Property For Sale
·
7,100 SF
INVESTMENT HIGHLIGHTS
- ** Rare waterfront parcel with Liberal Commercial/Hospitality Zoning
- ** Impeccably Updated Interiors in Late 2022
- ** Reliable Revenues with High Returning Guest Ratio and Very Positive Online Reviews
- ** Existing 8-Slip Dock with Direct Frontage on the Indian River
- ** Value Add Opportunity with focus on Exteriors, Dock/Boat Rental Revenue, AirBNB, and Event Hosting
- ** Seller Financing May Be Considered for Qualified Buyers
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 7,100 SF |
| Property Subtype | Hotel | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1950/2022 |
| Lot Size | 1.61 AC | Corridor | Exterior |
| Zoning | RM-6 - Currently zoned for hotel use. | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.61 AC |
| Building Size | 7,100 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2022 |
| Corridor | Exterior |
| Zoning | RM-6 - Currently zoned for hotel use. |
AMENITIES
- Balcony
- High Speed Internet Access
- Patio
- Marina
- Destination Resort
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | 31-39-08-00000-0010-00007.0 | Improvements Assessment | $598,937 |
| Land Assessment | $621,089 | Total Assessment | $1,220,026 |
PROPERTY TAXES
Parcel Number
31-39-08-00000-0010-00007.0
Land Assessment
$621,089
Improvements Assessment
$598,937
Total Assessment
$1,220,026
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