Income-Producing Sebastian Duplex - Turnkey Investment Opportunity! Well-maintained concrete-block duplex offering two spacious 3-bedroom, 2-bath units of approximately 1,150sf. No HOA. Separate utilities. Major improvements include a new metal roof, fresh exterior paint. Concrete Block Building has PGT impact-resistant windows/ doors, and an updated kitchen in one unit. Built for durability and low-maintenance ownership, this property presents an excellent opportunity for investors seeking steady rental income in a desirable Sebastian market. Agent is owner, Occupied, Call agent to show.
Sebastian Highlands, located between U.S. 1 and Interstate 95, is a residential and suburban Sebastian neighborhood with wide, gridded streets and a low-rise, yard-forward feel. The neighborhood’s day-to-day rhythm concentrates around the Roseland Rd & Sebastian Blvd junction, where local plazas, casual eateries, and service storefronts set a practical, lived-in tone. Housing leans toward single-story Florida ranches and newer builds with screened lanais, driveways, and palms framing the sidewalks. The Indian River Lagoon and Riverview Park add breezy waterfront scenery and boat-ramp energy nearby. Capt. Hiram’s Resort, Pareidolia Brewing Company, and the Sebastian River Art Club act as recognizable community touchpoints. A short drive north, Pelican Island National Wildlife Refuge brings mangroves, birdlife, and quiet trails into the weekly routine.
Provided by Walk Score and Local Logic
Market insights
106 Marsh St Unit A+B · $479,000
DAYS ON MARKET
5 days
The average home goes pending in 188 days.
SALE-TO-LIST
80.9%
Most homes are selling 19% below list price.
LIST PRICE
$479,000
Median list price in this area is $433,865. (9% lower than this home)
PRICE DROP
0 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Storm windows
Laundry & utility
Laundry closet in kitchen
Electric dryer hookup
Washer hookup
Main-level laundry
Flooring
Tile flooring
Heating & cooling
Central electric heating
Central air conditioning
Ceiling fans
Ridge vents
Exterior features
Open porch
Home design
Duplex
One story
Construction
Block, concrete, and stucco construction
Aluminum roof
Slab foundation
Utilities
Public water
Public sewer
Cable and electricity connected
Phone available
Two separate electric meters
Two separate water meters
Financial info
Two units
Gross income of $40,200
Operating expenses of $1,320
Net operating income of $38,800
Tenants pay cable TV, electricity, sewer, and water
Pets allowed; restrictions may apply
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
80 ft.
Lot depth
125 ft.
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Indian River County
APN
31391900001600000007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Oct 13, 2026.
RM-8
Medium Density Multiple-Family Residential District
The RM-8 District is established to implement comprehensive plan policies for managing primarily duplex and multiple-family developments on land designated for medium density residential development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 24 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Sebastian, FL • 32958
Average low and high temperatures (°F)
70
52
75
57
80
63
82
68
88
74
91
75
93
76
92
76
88
76
84
73
79
63
75
59
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Sebastian. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 106 Marsh St Unit A+B
$473,389
$5,611 under list price of $479K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $330K to $572K.