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CondominiumResidential

1623 Indian River Dr

SEBASTIAN, FL 32958
2006
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 20063 floors12 units1,277–1,591 ft²
$5.2M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$436K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$299
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+31.8%vs the Sebastian ZIP median sale $/ft² ($227)

Sales Performance

$440K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-10.8%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
8.3%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+4.4%per yeartypical hold 4.4 yrsfrom 17 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20062010201320152017202020242026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20062010201320152017202020242026

30 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$328K$393K$458K$523K1,277 ft²1,340 ft²1,403 ft²1,465 ft²1,528 ft²1,591 ft²
2 bd3 bd
2 bed
6 units
3 bed
6 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 1,277 ft²
3 units
2 bd · 2 ba · 1,292 ft²
3 units
3 bd · 3 ba · 1,591 ft²
3 units
3 bd · 3 ba · 1,576 ft²
2 units
One-off layouts
1 unit

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$328K–$328K
1 unit
$391K–$391K
1 unit
$410K–$410K
1 unit
$426K–$449K
5 units
$456K–$466K
3 units
$523K–$523K
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$279/ft²
Floor 2
$303/ft²
Floor 3
$331/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·04
$324/ft²
Line ·02
$316/ft²
Line ·01
$291/ft²
Line ·03
$287/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.75%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.42%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.4.2 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.80%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.14%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$426,562
Median tax billThe middle annual property tax bill among the building's units.$5,618
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 103Mar 3, 2026$440,000Unit 304Jan 30, 2025$487,000Unit 203Dec 9, 2024$500,000Unit 202Apr 16, 2024$464,500Unit 101Sep 28, 2023$564,000Unit 302May 4, 2021$335,000Unit 102Aug 7, 2020$298,000Unit 203Jun 11, 2018$360,000Unit 201Jan 19, 2017$330,000Unit 301Aug 2, 2016$318,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.34 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.61%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyIndian River
HeatingThe type of heating system in the home.None
ViewThe type of view from the property, or another feature of the site that affects value.View - River

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Sebastian Elementary SchoolB+
Elementary · Grades PK–5 · 1.4 mi
M
Sebastian River Middle SchoolB-
Middle · Grades 6–8 · 4.7 mi
H
Sebastian River High SchoolC+
High · Grades 9–12 · 5.2 mi

District: Indian River County School District

Neighborhood · ZIP 32958These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.83
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.17

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.30,199
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,004 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$62,647
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$84,326
Average tempThe average temperature here across a full year.73°F
Annual precipHow much rain and melted snow falls here in a typical year.53 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.65%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1623 Indian River Dr Unit 101
3 bd · 3 ba · 1,591 ft²
$426K
1623 Indian River Dr # 102
2 bd · 2 ba · 1,277 ft²
$328K
1623 Indian River Dr # 103
3 bd · 3 ba · 1,576 ft²
$432K
1623 Indian River Dr Unit 104
2 bd · 2 ba · 1,292 ft²
$410K
1623 Indian River Dr Unit 201
3 bd · 3 ba · 1,591 ft²
$439K
1623 Indian River Dr Unit 202
2 bd · 2 ba · 1,277 ft²
$432K
1623 Indian River Dr Unit 203
3 bd · 3 ba · 1,576 ft²
$466K
1623 Indian River Dr Unit 204
2 bd · 2 ba · 1,292 ft²
$391K
1623 Indian River Dr Unit 301
3 bd · 3 ba · 1,591 ft²
$523K
1623 Indian River Dr Unit 302
2 bd · 2 ba · 1,277 ft²
$449K
1623 Indian River Dr # 303
3 bd · 3 ba · 1,577 ft²
$457K
1623 Indian River Dr Unit 304
2 bd · 2 ba · 1,292 ft²
$456K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 1623 Indian River Dr

How many units are in 1623 Indian River Dr, Sebastian, FL?

1623 Indian River Dr, Sebastian, FL has 12 residential units across 3 floors, built in 2006, according to county assessor records.

What is a unit at 1623 Indian River Dr, Sebastian, FL worth?

The median TopHap Estimate across the 12 units at 1623 Indian River Dr, Sebastian, FL is $435,752. That works out to $299 per square foot. Units run from 1,277 to 1,591 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1623 Indian River Dr, Sebastian, FL expensive for Sebastian?

Units at 1623 Indian River Dr, Sebastian, FL carry a median of $299 per square foot, 32% above the Sebastian median of $227 per square foot.

How often do units sell at 1623 Indian River Dr, Sebastian, FL?

1 units at 1623 Indian River Dr, Sebastian, FL sold in the last 12 months, out of 30 recorded arms-length sales all time. That is a turnover rate of 8.3% of the building per year. The median sale over that period was $440K.

Have units at 1623 Indian River Dr, Sebastian, FL appreciated?

Across 17 repeat sales of the same unit, 1623 Indian River Dr, Sebastian, FL returned a median 4.4% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 4.4 years.

What floor plans does 1623 Indian River Dr, Sebastian, FL have?

The most common plan at 1623 Indian River Dr, Sebastian, FL is a 2-bedroom of 1,277 square feet, repeated 3 times, with a median estimate of $432,477. TopHap identifies 4 recurring plans in the building.

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Assigned schools

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