11450 S Indian River DR Active

Sebastian,FL 32958

$ 2995000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Subdivision Sebastian Highlands

MLS Listing ID 283531

HOA Y/N No

Year Built 1949

Lot Size 1.610 Acres

Acres 1.61

Property Description

Spanning nearly 2 acres of pristine riverfront, this 12-suite boutique hotel blends the spirit of Old Florida with contemporary comfort. Guests enjoy an 8-slip private dock, tiki hut, & complimentary bikes, kayaks, canoes. Each suite is meticulously designed by different designers locally & nationwide. Just minutes from town, this hotel is ideal for weddings, corporate events, & family reunions. Winner of TripAdvisor’s Travelers Choice Award for the last 4 years. Consistent revenue growth & opportunities to expand, this property is poised for exceptional returns. Seller financing considered.

Location

State FL

County Indian River

Area Sebastian County

Zoning , MXD

Interior

Heating Central,Electric,Other

Cooling Central Air,Ceiling Fan(s),Electric,Other,Window Unit(s)

Flooring Carpet,Tile

Fireplace No

Exterior

Water Access Desc Public

Roof Type Rolled/Hot Mop,Shingle

Present Use Hotel/Motel

Total Parking Spaces 17

Building

Lot Description 1-3 Acres,Interior Lot

Sewer County Sewer

Water Public

New Construction No

Others

HOA Name Owner

Tax ID 31390800000001000007.0

Acceptable Financing Cash,New Loan,Owner Will Carry

Listing Terms Cash,New Loan,Owner Will Carry

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