806 Indian River Dr - Marinas FOR SALE


Sebastian, FL 32958
$11,500,000 USD
772-425-1159
806 Indian River Dr, Sebastian, FL for Sale
$11,500,000 USD
Marinas - FOR SALE
1/39
null | Request Cap Rate

806 Indian River Dr
Sebastian, FL 32958


HIGHLIGHTS

  • Along the scenic Intracoastal Waterway, Mulligan's Marina features waterfront dining and stunning views of Northern Vero Beach Island.
  • Marina has 47 slips for vessels up to 40 feet, complete with water, electrical hookups, and app-monitored security, with half the slips leased.
  • Enjoy waterfront dining and marina opportunities in a key Florida coastal market, offering significant growth potential.

OVERVIEW

On the scenic Intracoastal Waterway, Mulligan's Marina delivers modern marina amenities, offering stunning views of Northern Vero Beach Island. Visitors can enjoy the tranquility of the Indian River, spotting dolphins, pelicans, and manatees in a relaxed setting. Conveniently located near Riverview Park, US Highway 1, and just 13 miles north of Vero Beach, the property attracts a mix of locals and tourists, benefiting from the area's seasonal population growth. The marina, rebuilt in 2024, includes 47 composite finger slips for vessels up to 40 feet, with lifts supporting up to 20,000 pounds. Each slip has water, electrical hookups, dock boxes, and access to cleaning stations. App-monitored cameras ensure security. Half of the slips are already leased, with demand growing steadily. The property also features a second-floor commercial space with three rooms, two bathrooms, storage, and a wraparound deck with riverfront views. Located near Pelican Island and Sebastian Inlet, the marina provides direct access to beaches and boating routes free of fixed bridges or speed restrictions. On-site dining and planned provisioning services for boaters further enhance its appeal.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$1,548 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mulligan's Marina

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

CWR

APN/PARCEL ID

31-39-06-00000-0070-00005.0

ASK ABOUT THIS PROPERTY

Bernadette BunchLoKation Real EstateMore Info
772-425-1159

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Bernadette BunchLoKation Real EstateMore Info
772-425-1159

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.