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9150 44th Avenue , 1-5

Sebastian, FL 32958
  • $1,095,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 284646
UPDATED: 13 min ago
$1,095,000
  • 0
    BEDS
  • 0.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Description

This five-unit riverfront apartment building at 9150 44th Ave, Sebastian, Florida, offers a premier investment on the Treasure Coast. Featuring unobstructed Indian River views, the property includes two 1-bedrooms, two studios, and one 2-bedroom. Built in 1959 with concrete block construction and a 5V crimp metal roof, units have undergone significant upgrades. A newer dock with boat lift adds appeal. Sebastian allows short-term rentals like Airbnb/VRBO, with a projected 6.85% cap rate after full occupancy. Strong growth potential for long-term appreciation and income.

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© 2025 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kelly Fischer Team at ONE Sotheby's International Realty. Data last updated: 2025-02-13T07:37:28.143.
www.kellyfischerteam.com/homes/159588969
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9150 44th Avenue , 1-5 Sebastian, FL 32958

  • Price: $1,095,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 13 min ago
  • MLS #: 284646
0
Beds
0
Baths
0
½ Baths
0.76
Acres
1959
Built
Neighborhood:
Other
County:
Indian River
Area:
Sebastian County
Property Description
This five-unit riverfront apartment building at 9150 44th Ave, Sebastian, Florida, offers a premier investment on the Treasure Coast. Featuring unobstructed Indian River views, the property includes two 1-bedrooms, two studios, and one 2-bedroom. Built in 1959 with concrete block construction and a 5V crimp metal roof, units have undergone significant upgrades. A newer dock with boat lift adds appeal. Sebastian allows short-term rentals like Airbnb/VRBO, with a projected 6.85% cap rate after full occupancy. Strong growth potential for long-term appreciation and income.
Exterior Features

Construction Materials Block Concrete Exterior Features Porch Patio Levels One Lot Features 1 /2 to 1 Acre Lot Parking Features Off Street Parking Total 6 Patio And Porch Features Covered Patio Porch Roof Metal View River View YN Yes Waterfront Features Intracoastal Access River Front Waterfront YN Yes

Interior Features

Cooling 2 Units Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Tile Furnished Unfurnished Heating Multiple Heating Units Heating YN Yes Laundry Features Common Area

Property Features

Community Features None Gross Income 93000 Insurance Expense 0 Lot Size Dimensions 33106 Maintenance Expense 0 Net Operating Income 72000 Operating Expense 0 Pool Features None Possible Use Residential Property Sub Type Apartment Sewer Septic Tank Tax Annual Amount 10983 Tax Lot 1 Tax Year 2024 Tenant Pays Cable TV Electricity Utilities Expense 0 Water Source Well Zoning Zoning Description Residential

Listing courtesy of LPT Realty, LLC: 877-366-2213.


© 2025 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kelly Fischer Team at ONE Sotheby's International Realty. Data last updated: 2025-02-13T07:37:28.143.
 
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Kelly Fischer Team at ONE Sotheby's International Realty
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Vero Beach FL, 32963