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1201 Indian River Dr
Sebastian, FL 32958
RIVERVIEW APARTMENT INVESTMENT · Multifamily Property For Sale · 7 Units

Property Facts

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 5,664 SF
No. Stories 2
Year Built 1942
Zoning CWR

About 1201 INDIAN RIVER DR , SEBASTIAN, FL 32958

PROPERTY SUMMARY -Rare opportunity to purchase one of Sebastian' s investment properties off of US1 -Part of the Old Town Sebastian Historic District! -Numerous potential options including Bed & Breakfast, seasonal rental, or owner / user! -River view, with direct access to shops and retail! -CWR zoning permits many commercial and residential uses -All apartments have washer and dryer hookup BUILDING SIZES: 5,100 SF - 5 Unit Apartment Building 564 SF - 1 Unit Efficiency YEAR BUILT: 1942 PROPERTY SIZE: .16 Acres PROPERTY TAXES: $4,627.49 (2016) ZONING: CWR - Commercial Waterfront Residential NOI: $52,683.84 CAP RATE: 6.63% PRICE: $795,000 Corner of Indian River Drive and Washington Street

Property Taxes

Property Taxes

Parcel Number
31-39-06-00000-0050-00007.0
Land Assessment
$79,476
Improvements Assessment
$618,875
Total Assessment
$698,351
  • Listing ID: 5539685

  • Date on Market: 1/20/2017

  • Last Updated:

  • Address: 1201 Indian River Dr, Sebastian, FL 32958

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