5845 Marina Drive 4, Sebastian, FL 32958

$285,000

Virtual Tour

https://www.propertypanorama.com/5845-Marina-Drive-4-Sebastian-FL-32958/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,074 Status: Closed

Current Price: $285,000 List Date: 4/28/2024 Last Modified: 6/30/2026

Overview

Description

Modern affordable luxury! Nestled in the lovely town of Sebastian is the peaceful gated Pelican Point community. This second floor, 2 bed condo with a loft has has undergone extensive modern updates, yet maintains a cozy & inviting ambiance. From the gourmet kitchen to the bathrooms featuring custom vanities & everything in between, the quality of the workmanship is obvious. Very high ceiling in the Living Area makes the home feel spacious & this continues into the Master Bedroom. The sizable bedroom also boasts a very high ceiling & custom plantation shutters but the star of the show is the closet with multiple built-ins including storage for so many shoes Imelda Marcos would have been jealous! Clubhouse with pool, card rooms & sauna just steps away & launch boats from the private marina

Listing Details MLS# R10981556

General Property Information

Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1074
Building Area Source: Public Records
Living Area Main: 1074
Year Built: 1985
Gated Community YN: No
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Direction Faces: North
Pool Private YN: No
Spa YN: No
Furnished: Unfurnished

Property Features

Association Fee Includes: Common Areas; Maintenance Grounds; Trash Electric: Three Phase Flooring: Carpet; Other Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Electric Range; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: Frame Cooling: Ceiling Fan(s); Central Individual Association Type: Condominium Heating: Central Individual; Electric Interior Features: Bedroom Layout - Split; Cathedral Ceiling(s); High Ceilings; Vaulted Ceiling(s) Laundry Features: Inside Levels: Multi/Split Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible; Number Limit; Size Limit Possession: Close Of Escrow; Negotiable Restrictions: Lease Restrictions; Parking - No RV; Parking - No Truck Other Leasing Restrictions: Tenant Approval Road Frontage Type: East of US-1 Roof: Metal Sewer: Public Sewer Tax Information: County Only; Homestead Exemption Utilities: Cable Available; Sewer Available; Water Available Water Access: Ocean Access Water Source: Public Waterfront Features: Navigable Water; River Front Showing Requirements: Appointment Only; Call Listing Agent; Occupied; Schedule Online; Text Listing Agent Outdoor Living Spaces: Balcony; Porch Balcony Details: Balcony - Screened Contingencies: Inspection Room Types: Bedroom 2; Kitchen; Laundry; Living Room; Loft; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 290000

Location and Legal

Country: United States
County Or Parish: Indian River
County Parish Name: Indian River
Street Number: 5845
Street Name: Marina
Street Suffix: Drive
Unit Number: 4
City Name: Sebastian
State Or Province: FL
Postal Code: 32958
Postal Zip: 32958
Subdivision Name: PELICAN POINTE OF SEBASTIAN V
Development Name: Pelican Pointe of Sebastian
Area: 6351 - Sebastian (IR)
Geographic Area: INRV - Indian River
Special Assessment YN: No
Parcel Number: 313921000050071000040
Zoning: RES
Directions: US 1 east on Marina Dr.

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 590
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 688.02
Tax Year: 2023
Tax Legal Description: PELICAN POINTE OF SEBASTIAN OR BK 717 PP 1584 & OR BK 834 PP 237 BLDG 7A UNIT 4

Remarks and Miscellaneous

Public Historical Remarks: Boat Services: Common Dock

More Information

Status Change Information

Major Change Timestamp: 2024-06-27T16:50:44Z
Major Change Type: Status Change
Status Change Date: 2024-06-27
Under Contract Date: 2024-05-10
Close Date: 2024-06-20
Close Price: 285000
Buyer Financing: Cash

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Parking Information

Open Parking Spaces: Yes

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock: Yes
Dock Details: Day Dock, Boat Services: Y

Capital Contributions

Capital Contributions YN: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Pet Details

Maximum Number Of Pets: Yes
Total Weight Limit (Pets): 20
Other Pet Restrictions: 1 pet under 20 pounds

Storm Protection

Accordian Shutters: Complete

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Bedroom 2 Level: Main
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main

Price Calculations

Current Price To SqFt: 265.36
Original List Price To Close Price: 1.01

Originating Details

Originating System Key: 20240424183854185715000000
Originating System ID: M00000170

Room Information

Room Name	Length	Width	Level
Living Room	16.00	10.00	Main
Kitchen	10.00	10.00	Main
Master Bedroom	17.00	14.00	Main
Bedroom 2	12.00	11.00	Main
Loft
Laundry

Listing Office: NextHome Treasure Coast

Last Updated: June - 30 - 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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This page is general information for consumers, not legal, tax, accounting, financial, lending or insurance advice, and it does not create an attorney-client, fiduciary or other professional relationship. Exodus Realty, LLC is a licensed Florida real estate brokerage. It is not a law firm, accounting firm, mortgage lender or broker, insurance agency or title insurer, and its agents do not give advice in those fields.

Laws, tax rates, exemptions, interest rates, insurance requirements and fees change often and depend on your circumstances. Figures and rules on this page are current only as of the date shown on the page (or, if none is shown, as of when it was last updated), may be incomplete, and are believed reliable but not guaranteed. Before you make a decision, confirm the details that apply to you with a Florida attorney, a CPA or tax advisor, your lender, a licensed insurance agent, your title or closing agent, or the government office involved. Links to government and other websites are provided for convenience; Exodus Realty, LLC is not responsible for their content.

Market statistics come from the multiple listing service and other sources, may be revised, and are not an appraisal or a guarantee of value. Exodus Realty, LLC and its agents are not liable for decisions made in reliance on this information.

5845 Marina Drive 4, Sebastian, FL 32958 (MLS# R10981556)