Listed By:
LOKATION; 321-446-5406
Address
106 Marsh Street, Sebastian, FL
Price
$ 489,000
Property Attributes
  • MLS#299918
  • TypeMulti-Family
  • Listing Status Active
  • CountyIndian River
  • CitySebastian
  • AreaSebastian City
  • NeighborhoodSan Sebastian
  • Zip32958
  • Style
  • Year Built2003
  • Taxes$ 6949
  • Price$ 489,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.23 Acres
Data Source:
REALTORS® Association of Indian River County (RAIRC)
Property Description

Income-Producing Sebastian Duplex – Turnkey Investment Opportunity! Well-maintained concrete-block duplex offering two spacious 3-bedroom, 2-bath units of approximately 1,150 sf. separate utilities. Current gross rental income of $40,200 annually. Major improvements include a new metal roof, PGT impact-resistant windows, fresh exterior paint, and an updated kitchen in one unit. Built for durability and low-maintenance ownership, this property presents an excellent opportunity for an investor seeking steady rental income in the desirable Sebastian market.

Price History
9/16/2026 Listed $489,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Metal
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Block,Concrete
Year Built 2003
Stories Count 1
Levels One
Property Subtype Duplex
Parcel Number 31391900001600000007.0
Waterfront Features None
County Indian River
Property Type Residential Income
Subdivision Name San Sebastian
Status Active
Directions South on US-1, Right on Schuman, Left on Empress, Right on Marsh, property on right. Use GPS for best results
ModificationTimestamp 2026-09-16T17:38:10.097-00:00
City Sebastian
Association Name Starratt R. Properties, I
MLS Area Sebastian City
Lot Size Units Acres
Standard Status Active
PostalCity Sebastian
Legal Description SEBASTIAN HIGHLANDS UNIT 17 BLK 600 LOT 7 PBI 8-46 TO 46P
AttributionContact 321-446-5406
Tax Year 2025
Community Features Basketball Court,Playground,Park,Tennis Court(s),Trails/Paths
Zoning Description Multiple
Tax Annual Amount 6949
Tax Assessed Value 346286
Tax Lot 7
Carport Spaces 1
Current Use Residential
Possible Use Residential
Gross Income 40200
Net Operating Income 25271
Operating Expense 15329
Insurance Expense 4030
MaintenanceExpense 350
Tenant Pays Cable TV,Electricity,Sewer,Water
OwnerPays Taxes,Trash Collection

Interior Features

Flooring Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features Laundry Closet,In Unit

Exterior Features

Parking Features Assigned,Carport
Water Source Public
Waterfront Y/N false
Lot Features < 1/4 Acre
Lot Size Area 0.23
Lot Size Acres 0.23
Lot Dimensions 0.23
Total Parking 4
Number of Separate Electric Meters 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 32958

Price
AVG $640K
$490K
Taxes
AVG $7,293
$6,949
Year Built
AVG 1990
2003