$3,495,000
412 Indian River Drive
EDGEWATER PARK SUB
Explore the area: Sebastian homes for sale · Indian River County real estate
Price Check
How this price compares
- Asking price
- $3,495,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 32
This lot in ZIP 32958 went under contract with an asking price of $3,495,000. It spent 32 days on the market before going under contract.
Estimated monthly payment
$18,368 /mo
Principal and interest only, based on $699,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $3,495,000
- Days on Site
- 32 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 1.5 Acres
- Property Type
- Land
- MLS #
- R11131958
- Property Tax
- $21,521 (2025)
- Subdivision
- EDGEWATER PARK SUB
- County
- Indian River
- Status
- Under Contract
About This Property
WHAT A VIEW! 1.5 ACRE RIVERFRONT LOCATION. RM-8 USE AVAILABLE FOR UP TO 10 UNITS OR CURRENT USE AS MOM AND POP HOTEL. ALSO POSSIBLE FOR ESTATE SIZE LOT SINGLE HOME OR SUBDIVIDE INTO 3 LOTS. DOCK SPACE AVAILABLE AS WELL. LIFT STATION IN PLACE WITH COUNTY WATER. SOUTH INDIAN RIVER DRIVE LOCATION WITHIN PARK AND RESTAURANT LOCATIONS. JUST INSIDE SEBASTIAN CITY LIMITS WITH RIVERFRONT PERFORMANCE OVERLAY ARCHITECTURAL RULES.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Under Contract
- Direction Faces
- West
- Lot Size (Acres)
- 1.5
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- CR
Exterior Features
- Pool Features
- Association
- Lot Features
- One To Two Acres / City Lot / Other
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access / Ocean Access
- View
- Intercoastal / Pool / River
Community & HOA
- Association Amenities
- Cabana / Laundry / Picnic Area / Pool
- Community Features
- Property Manager On Site
- Utilities
- Electricity Available / Sewer Available / Water Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 6351 - Sebastian (IR)
Schools
- Elementary School
- Sebastian
- Middle School
- Storm Grove
- High School
- Sebastian River
Features & Amenities
About the Area
- Homes for Sale
- 81
- Under Contract
- 25
- Median List Price
- $381,450
- Median Sale Price (September)
- $349,500
- Median $/Sq Ft
- $210
- Avg Days on Market
- 127
Frequently Asked Questions
- How do I schedule a tour of 412 Indian River Drive, Sebastian, FL 32958?
- Use the Tour button on this listing to request a showing of 412 Indian River Drive, Sebastian, FL 32958. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 412 Indian River Drive, Sebastian, FL 32958 still available?
- 412 Indian River Drive, Sebastian, FL 32958 is currently listed as Under Contract, and has been on the market 32 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 412 Indian River Drive, Sebastian, FL 32958?
- With 20% down ($699,000) on the $3,495,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 412 Indian River Drive, Sebastian, FL 32958 is about $18,368/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 412 Indian River Drive, Sebastian, FL 32958?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 412 Indian River Drive, Sebastian, FL 32958. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 412 Indian River Drive, Sebastian, FL 32958?
- 412 Indian River Drive, Sebastian, FL 32958 is zoned for Sebastian (elementary), Storm Grove (middle), Sebastian River (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 412 Indian River Drive, Sebastian, FL 32958?
- Often, yes. The right offer on 412 Indian River Drive, Sebastian, FL 32958 depends on how it's priced against comparable land sales in Sebastian, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Berkshire Hathaway Florida
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$3,495,000
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Listed by Kenneth A Landers Jr, Berkshire Hathaway Florida
Map & Location
Cities in Indian River County
Zip Codes in Indian River County
Property Types
Recent Sales
Recently sold homes in ZIP 32958
These are the last 6 recorded closings in ZIP 32958, with the price each home actually sold for rather than what it was listed at. They closed at a median of $242 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$245,000
Sold · October 13, 2026
642 Nobles Street
2 bed · 2 bath · 1,641 sqft · $149/sqft
$30,000 under the asking price
Sold$499,000
Sold · October 5, 2026
698 Fischer Drive
3 bed · 2 bath · 1,858 sqft · $269/sqft
Sold$300,000
Sold · October 1, 2026
722 Wentworth Street
3 bed · 2 bath · 1,297 sqft · $231/sqft
$19,900 under the asking price
Sold$425,000
Sold · October 1, 2026
1489 Bevan Drive
4 bed · 2 bath · 1,754 sqft · $242/sqft
Sold$390,000
Sold · September 25, 2026
814 Floraland Avenue
3 bed · 2 bath · 1,534 sqft · $254/sqft
Sold$445,000
Sold · September 25, 2026
444 Rolling Hill Drive
3 bed · 2 bath · 2,073 sqft · $215/sqft
$24,900 under the asking price
See every recorded sale in ZIP 32958 or find out what your ZIP 32958 home is worth.