$202,500
5685 MARINA Drive 4
Explore the area: Sebastian homes for sale · Indian River County real estate
Price Check
How this price compares
- List price
- $202,500
- Price per sq ft
- $191
- Original price
- Unchanged
- Days on market
- 10
This 2-bedroom condo in Pelican Pointe Of Sebastian V is listed at $202,500, or $191 per square foot. It has been on the market for 10 days.
Estimated monthly payment
$1,064 /mo
Principal and interest only, based on $40,500 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $473/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $202,500
- Days on Site
- 10 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,060 sqft
- Total Sq Ft
- 1,060 sqft
- Year Built
- 1986
- Property Type
- Condo
- MLS #
- B26082343
- Property Tax
- $3,132 (2025)
- HOA Fees
- $473 / Monthly
- Subdivision
- PELICAN POINTE OF SEBASTIAN V
- County
- Indian River
- Status
- Active
- Special Conditions
- Standard
About This Property
Enjoy resort style living in this second floor 2 Bed/2Bath Condo in Pelican Pointe. This unit is steps from the river, docks and boat ramp with views of the golf course. Come enjoy all the amenities this community has to offer which includes: clubhouse, heated pool, 9-hole golf course, tennis courts, boat ramp and so much more. Call to schedule your private showing today.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1986
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- One
- Parking
- Attached Carport / Assigned / Carport / Open
- Direction Faces
- West
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,060
- Total Sq Ft
- 1,060
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- Residential
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Range / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Carpet / Tile / Vinyl
- Interior Features
- Bedroom On Main Level / Cathedral Ceilings / Elevator / High Ceilings / Main Level Primary / Vaulted Ceilings
- Laundry
- Inside / Laundry Closet / In Unit / Washer Dryer Install Allowed
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 3
Exterior Features
- Construction
- Frame / Wood Siding
- Roof
- Metal
- Pool Features
- Heated
- Waterfront
- Yes
- View
- Water
Community & HOA
- HOA Fee
- $473 / Monthly
- HOA Includes
- Cable Tv
- Association Amenities
- Clubhouse / Fitness Center / Golf Course / Pool / Parking / Tennis Courts
- Community Features
- Home Owners Association / Gated
- Security
- Gated Community
- Utilities
- Cable Available
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Other
- Restrictions
- No Motorcycles / Other Restrictions / Ok To Lease
- MLS Area
- 6352 - Sebastian County (IR)
This home's HOA fee works out to $473 a month, 27% below the $650 median across 3 homes for sale in Pelican Pointe Of Sebastian V. See Pelican Pointe Of Sebastian V HOA fees
Schools
- Elementary School
- Pelican Island
- Middle School
- Storm Grove
- High School
- Sebastian River
About the Community
- Homes for Sale
- 3
- Under Contract
- 0
- Median List Price
- $242,000
- Median $/Sq Ft
- $228
- Avg Days on Market
- 53
Frequently Asked Questions
- How do I schedule a tour of 5685 MARINA Drive 4, Sebastian, FL 32958?
- Use the Tour button on this listing to request a showing of 5685 MARINA Drive 4, 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 5685 MARINA Drive 4, Sebastian, FL 32958 still available?
- 5685 MARINA Drive 4, Sebastian, FL 32958 is currently listed as Active, and has been on the market 10 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 5685 MARINA Drive 4, Sebastian, FL 32958?
- With 20% down ($40,500) on the $202,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5685 MARINA Drive 4, Sebastian, FL 32958 is about $1,064/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5685 MARINA Drive 4, Sebastian, FL 32958?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5685 MARINA Drive 4, Sebastian, FL 32958. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5685 MARINA Drive 4, Sebastian, FL 32958 have an HOA fee?
- Yes: 5685 MARINA Drive 4, Sebastian, FL 32958 carries an HOA fee of about $473 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5685 MARINA Drive 4, Sebastian, FL 32958?
- 5685 MARINA Drive 4, Sebastian, FL 32958 is zoned for Pelican Island (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 5685 MARINA Drive 4, Sebastian, FL 32958?
- Often, yes. The right offer on 5685 MARINA Drive 4, Sebastian, FL 32958 depends on how it's priced against comparable condo 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 Engel & Voelkers Vero Beach
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 October 1, 2026.
$202,500
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Listed by Lynn Grady, Engel & Voelkers Vero Beach
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Recent Sales
Recently sold homes in Pelican Pointe Of Sebastian V
These are the last 2 recorded closings in Pelican Pointe Of Sebastian V, with the price each home actually sold for rather than what it was listed at. They closed at a median of $225 per square foot. The most recent closed on September 23, 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$238,000
Sold · September 23, 2026
5720 Pelican Pointe Drive 3
2 bed · 2 bath · 1,060 sqft · $225/sqft
$20,000 under the asking price
Sold$215,000
Sold · February 13, 2026
5720 Pelican Pointe Drive 3
2 bed · 2 bath · 1,060 sqft · $203/sqft
$14,000 under the asking price
See every recorded sale in Pelican Pointe Of Sebastian V or find out what your Pelican Pointe Of Sebastian V home is worth.
