7785 S Highway 1
$3,500,000, 9 Beds 7 Baths 6,028 Sqft 3.8 Acres 2 Garages
About This Property
If you can dream it, you can do it on this amazing Indian River property! The potential is almost limitless, since this land is zoned as both BU1A and RU210 (commercial on US1 and multifamily residential on the riverfront). Scattered across the nearly four acre parcel you’ll find four unique vintage cottages that are currently being used as vacation rentals. Guests adore the laid back Florida Keys style, the private dock, and the direct 200 ft. water access for launching boats, kayaks, and paddle boards. Cottage #1 is the main house with four bedrooms, two bathrooms, and a rustic coastal style complete with wood burning fireplace. Cottage #2 is a cozy and functional 1/1 guest house featuring concrete block construction. Cottage #3 is loaded with charm, boasting original 2” pine wood plan from 1927 throughout the 3/2 (possibly 4/2) layout. Cottage #4 begs to entertain with its open layout and 1/1 cabin-like style. New owners could continue to utilize the vacation income or could imagine new scenarios. Perhaps this is the perfect place to gather your multi-generational family for years of waterfront memories. Or maybe you've always aspired to open a small business--the US1 exposure could be just what you need to launch that desire, while at the same cultivating a gorgeous homestead on the river side. The possibilities are wide open. Come take a look and let your imagination run as free as the untouched oak-strewn landscape.
Central, Wall Units / Window Unit
Patio/Porch/Deck Screened, Storage
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Listing data comes from My Florida Regional MLS.
Listing information last updated on December 17th, 2017 at 10:33am EST.