About 9150 44th Avenue Unit# 1-5, Sebastian, Florida, 32958
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.
Water Source : Well
Sewer System : SepticTank
Parking Features : None
Parking Total: 6
Lot Features : HalfToOneAcreLot
Roof : Metal
Waterfront : Yes.
Waterfront Features : IntracoastalAccess, RiverFront
Possible Use : Residential
Zoning : ,
Zoning Description : Residential
Heating : Yes.
Heating : MultipleHeatingUnits
Cooling : Yes.
Cooling : TwoUnits
Construction Materials : Block, Concrete
Laundry Features : CommonArea
Flooring : Tile
Water Source : Well
Sewer System : SepticTank
Parking Features : None
Parking Total: 6
Lot Features : HalfToOneAcreLot
Roof : Metal
Waterfront : Yes.
Waterfront Features : IntracoastalAccess, RiverFront
Possible Use : Residential
Zoning : ,
Zoning Description : Residential
Heating : Yes.
Heating : MultipleHeatingUnits
Cooling : Yes.
Cooling : TwoUnits
Construction Materials : Block, Concrete
Laundry Features : CommonArea
Flooring : Tile
Street Address: 9150 44th Avenue Unit# 1-5
City: Sebastian
State: Florida
Postal Code: 32958
County: Indian River
Directions:
From US-1 to right on 510 Causeway and left onto 44th Ave, property on right.
Property Information :
Listing Status: Active
Lot Size: 0.76 Acres
MLS #: 281403
Price: $1,200,000
Tax Amount: 10329
Construction Status: Built in 1959
Last Modified : Sep 30 2024 5:50PM
Amenities :
View
Courtesy of: John C DiGirolomo, LPT Realty, LLC (MLS# 1738)
Source MLS: RAIRCMLS