13395 N Indian River Dr
Sebastian, FL 32958
Land For Sale · 1.34 AC

A rare Indian River Lagoon view property in the heart of Sebastian, FL, 13395 NE Indian River Dr offers unmatched scenic beauty, redevelopment potential, and location appeal. Zoned RM-6 (Residential Multi-Family) with M-1 Medium Density Residential-1 future land use, this site is ideally suited for a boutique multifamily development or a high-end custom home. The unobstructed water views and direct proximity to the Indian River Lagoon make this property truly unique in the Treasure Coast market. Currently improved with a 1,560sf single family home, with 3 bedrooms and 2 baths. SITE ADVANTAGES - Views of the Indian River Lagoon - RM-6 zoning allows up to 6 dwelling units/acre - Ideal for luxury townhomes, vacation rentals, or condos - Walking distance to restaurants, parks, and boat access - Surrounded by wildlife, trails, and natural preservation areas - Located near active residential development zones identified in Indian River County’s 2024 Residential Projects Map ZONING & LAND USE OVERVIEW Zoning: RM-6 Residential Multifamily • Max 6 DU/acre • Max Height: 28’ • Permitted Uses: Single family, duplex, townhomes, low-rise condos Future Land Use: M-1 Medium Density Residential-1 • Low-to-medium density housing with support for recreational or civic uses LIFESTYLE & RECREATION NEARBY - Sebastian Inlet State Park – world-renowned for surfing & boating - Pelican Island NWR – America’s first national wildlife refuge - Riverview Park – concerts, festivals, farmers markets - Walking/Bike Trails – extensive scenic routes along the Indian River - Public Access & Fishing Piers – directly along Indian River Dr - New Infrastructure Projects: Jetty improvements, beach renourishment, and inlet shoreline stabilization enhance the long-term value and usability of the area DEVELOPMENT CONTEXT & REGIONAL TRENDS - Indian River County continues to see a rise in low-density residential and eco-conscious development - High demand for riverfront, seasonal, and active-lifestyle communities - Sebastian is preserving small-town charm while encouraging infill and thoughtful waterfront redevelopment - Located within the Sebastian CRA District, the property may qualify for redevelopment incentives - The CRA Master Plan promotes mixed-use development, enhanced waterfront access, and design standards that reflect Sebastian’s coastal charm - The Sebastian Inlet District has invested heavily in shoreline, jetty, and ecological enhancements—including sand renourishment, shoreline armoring, and pedestrian walkways—to protect and enhance long-term value in this coastal corridor - Multiple nearby projects such as Spirit of Sebastian, Sebastian Landing PD, and Compass Pointe Apts indicate a strong regional push for new residential growth