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• MLS® #: RX-10989175
• N/a
• Sebastian, FL 32958
• $1,400,000
• 3 Beds, 4 Bath, 2,844 SqFt
• Residential

DEVELOPER & INVESTOR ALERT! Motivated Seller has a deal for you! Welcome to 1.34 acres of prime real estate, where your tropical dream home oasis awaits on the picturesque Sebastian Riverfront. Embrace the opportunity to craft your ideal retreat with breathtaking riverfront vistas, explore the potential for development with up to 8 single family residences, tiny homes, etc. or capitalize on the current mobile home park/RV lodge setup. A variety of options offering significant income generation.As you journey along the private, palm-lined paved road, you'll be immersed in lush landscaping and greeted by a vibrant community of osprey, white pelicans, and other tropical birds. This versatile property, zoned for both residential and commercial use (RM-6), currently features 8 rentable lots complete with essential utilities such as electricity, water, sewer, and cable connections. The height restriction for each unit built on the property is 28 feet high. Each lot is 48 feet wide. Up to 8 units can be on the property - RVs, Mobile Homes, Single Family Homes, tiny homes, Duplexes (4), etc. No multi-family buildings. Unlock the vast income potential through further property development, including the option for subdivision. Situated in the heart of the Treasure Coast, mere steps from the Indian River, indulge in the daily spectacle of dolphins dancing at sunrise. Just a mile south lies the renowned Capt Hirams Resort, offering delectable dining, live entertainment, and an array of leisure activities. Venture less than two miles to Sebastian's Riverview Park, a vibrant hub for major events and concerts. Here, you'll also find an array of amenities including a Splash Pad, Veterans War Memorial, sand volleyball courts, and scenic walkways tracing the Riverfront District. Join the ranks of ever-growing annual tourists drawn to this captivating locale by its proximity to Sebastian Inlet, one of Florida's 60 coastal inlets. Bordering the inlet on both sides, Sebastian Inlet State Park attracts between 750,000 to one million visitors annually, underscoring the region's irresistible allure. Seize the opportunity to own this rare gem boasting 1.34 acres of enchanting Indian River views. Embrace the undeniable appeal of the Treasure Coast and embark on your next chapter surrounded by natural splendor and limitless potential. *Please Do Not Disturb Owner or Tenants.