
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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0BEDS
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0.76ACRES
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0BATHS
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01/2 BATHS
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.