$1,100,000
Sebastian, FL 32958
MLS# R11134668
4534 sqft
1 / 2
Property Description
Riverwalk Village Plaza is conveniently situated on the north side of Vero Beach, making it a solid investment. There are six retail storefronts and/or offices, and six bathrooms. Currently, two of the six are combined into four leased storefronts. All leases are up for renewal in 2027. The building is well-built, CBS-Constructed, with a steel Roof. The Plaza has been well-maintained. Riverwalk Village is located in the quaint Indian Riverfront Village of Sebastian, FL, a boating and fishing family community and popular destination. It is accessible to the ocean through the Sebastian Inlet.
Details
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Seller Represented YN: Yes
Listing Contract Date: 2025-10-22
Status: Active
Original List Price: 1100000
List Price: $1,100,000
Current Price: $1,100,000
Listing Service: Full Service
Location and Legal
County Or Parish: Indian River
County Parish Name: Indian River
City Name: Sebastian
Postal Code: 32958
Geographic Area: Other
Property Description: Plaza
Country: United States
Street Number: 1614
Street Name: Us Highway 1
State Or Province: FL
Area: 5940 - Other Florida County
Parcel Number: 30382100001999900029.0
Zoning: CR
Directions: On US 1 North of Vero Beach in Sebastian on the east of US 1
General Property Information
Number Of Buildings: 1
Occupant Type: Tenant
Lot Size Area: 23086.8
Stories: 1
Property Sub Type: Retail
Building Area Main: 4534
Building Area Source: Public Records
Year Built: 1998
Lot Size Acres: 0.53
Currently Not Used
Number Of Units Total: 4
Remarks and Miscellaneous
Public Historical Remarks: Building Type: Y
Office/Member Information
DXORIGMLSID: RML
Electric
Three Phase: 1
Flooring
Other: 1
Property Condition
Resale: 1
Documents Available
Aerial Photo(s): 1
Copy Of Lease(s): 1
Deed: 1
Photos: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Separate Electric Meters: 5
Structure Type
Office: 1
Tenant Pays
Cable TV: 1
Sewer: 1
Water: 1
Location of Property
Beach Access: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Title Insurance Policy Available: 1
Utilities
Cable Available: 1
Building and Property Details
# Of Offices: 4
# Of Tenants: 4
# Of Toilets: 6
% Air Conditioned: 100
Interior Ceiling Height: 9
Maximum Ceiling Height: 9
Building Features
Free Standing: 1
Business Type
Commercial: 1
Retail: 1
Heating
Central Individual: 1
Electric: 1
Sale Includes
Building: 1
Land: 1
Construction Materials
CBS: 1
Concrete: 1
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Roof
Aluminum: 1
Security Features
Smoke Detector(s): 1
Water Source
Public: 1
Income and Expenses
Gross Income: 79110
Total Expenses: 20646
Net Operating Income: 58465
Operating Expense: 20645
Source Of Expenses
Books: 1
Description of Unit Type 1
Unit Type: Shop(s)
Units Total: 1
Full Baths: 1
Annual Rent: 14400
Description of Unit Type 2
Unit Type: Shop(s)
Units Total: 1
Full Baths: 1
Annual Rent: 10710
Cooling
Central Individual: 1
Electric: 1
Description of Unit Type 3
Unit Type: Shop(s)
Units Total: 2
Full Baths: 2
Annual Rent: 26400
Description of Unit Type 4
Unit Type: Shop(s)
Units Total: 2
Full Baths: 2
Annual Rent: 27600
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Occupied: 1
Occupant Details
Tenant Occupied: 1
Showing Details
Pet(s) on Premises: No
Price Calculations
Current Price To SqFt: 242.61
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 6045.02
Tax Year: 2025
Tax Legal Description: PLAT OF WAUREGAN ON FLEMING GRANT PBB 1-75 BEING MORE PART DESC AS FOLL COM AT THE INT OF THE E R/W LINE OF NEW US HWY
Status Change Information
Major Change Timestamp: 2025-10-23T14:42:41Z
Major Change Type: New Listing
Status Change Date: 2025-10-23
Originating Details
Originating System Key: 20251022150925130312000000
Originating System ID: M00000170
Property Features
Building Features: Free Standing
Business Type: Commercial; Retail
Documents Available: Aerial Photo(s); Copy Of Lease(s); Deed
Electric: Three Phase
Flooring: Other
Heating: Central Individual; Electric
Location of Property: Beach Access
Possession: Close Of Escrow
Property Condition: Resale
Sale Includes: Building; Land
Source Of Expenses: Books
Tenant Pays: Cable TV; Sewer; Water
Construction Materials: CBS; Concrete
Cooling: Central Individual
Listing Terms: Cash; Conventional; Owner May Carry
Roof: Aluminum
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Special Information: Title Insurance Policy Available
Structure Type: Office
Utilities: Cable Available
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; Occupied
Occupant Details: Tenant Occupied
Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot
Listing Office: Real Estate of Florida
Last Updated: March - 25 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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