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.
Property Details
Price:
$1,095,000
MLS #:
284646
Status:
Active
Beds:
0
Baths:
0
Address:
9150 44th Avenue 1-5
Type:
Single Family
Subtype:
Apartment
Neighborhood:
Sebastian County
City:
Sebastian
Listed Date:
Jan 20, 2025
State:
FL
ZIP:
32958
Lot Size:
33,106 sqft / 0.76 acres (approx)
Year Built:
1959
See this Listing
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Schools
Interior
Cooling
Two Units
Flooring
Tile
Heating
Multiple Heating Units
Laundry Features
Common Area
Exterior
Community Features
None
Construction Materials
Block, Concrete
Exterior Features
Porch, Patio
Parking Features
Off Street
Parking Spots
6
Roof
Metal
Financial
HOA Name
NA
Tax Year
2024
Taxes
$10,983
Map
Community
- Address9150 44th Avenue 1-5 Sebastian FL
- SubdivisionOther
- CitySebastian
- CountyIndian River
- Zip Code32958
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Courtesy of LPT Realty, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Vero Beach, FL. Detailed information about real estate listings held by brokerage firms other than Treasure Coast Realty include the name of the listing broker. Neither the listing company nor Treasure Coast Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Vero Beach, FL. All rights reserved. 9150 44th Avenue 1-5
Sebastian, FL
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