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806 Indian River Dr - Mulligan's Marina 7,429 SF Specialty Building Offered at $12,563,279 CAD in Sebastian, FL 32958



INVESTMENT HIGHLIGHTS
- Along the scenic Intracoastal Waterway, Mulligan's Marina features waterfront dining and stunning views of Northern Vero Beach Island.
- Enjoy waterfront dining and marina opportunities in a key Florida coastal market, offering significant growth potential.
- Marina has 47 slips for vessels up to 40 feet, complete with water, electrical hookups, and app-monitored security, with half the slips leased.
EXECUTIVE SUMMARY
On the scenic Intracoastal Waterway, Mulligan's Marina delivers modern marina amenities, offering stunning views of Northern Vero Beach Island. Visitors can enjoy the tranquility of the Indian River, spotting dolphins, pelicans, and manatees in a relaxed setting. Conveniently located near Riverview Park, US Highway 1, and just 13 miles north of Vero Beach, the property attracts a mix of locals and tourists, benefiting from the area's seasonal population growth.
The marina, rebuilt in 2024, includes 47 composite finger slips for vessels up to 40 feet, with lifts supporting up to 20,000 pounds. Each slip has water, electrical hookups, dock boxes, and access to cleaning stations. App-monitored cameras ensure security. Half of the slips are already leased, with demand growing steadily. The property also features a second-floor commercial space with three rooms, two bathrooms, storage, and a wraparound deck with riverfront views.
Located near Pelican Island and Sebastian Inlet, the marina provides direct access to beaches and boating routes free of fixed bridges or speed restrictions. On-site dining and planned provisioning services for boaters further enhance its appeal.
The marina, rebuilt in 2024, includes 47 composite finger slips for vessels up to 40 feet, with lifts supporting up to 20,000 pounds. Each slip has water, electrical hookups, dock boxes, and access to cleaning stations. App-monitored cameras ensure security. Half of the slips are already leased, with demand growing steadily. The property also features a second-floor commercial space with three rooms, two bathrooms, storage, and a wraparound deck with riverfront views.
Located near Pelican Island and Sebastian Inlet, the marina provides direct access to beaches and boating routes free of fixed bridges or speed restrictions. On-site dining and planned provisioning services for boaters further enhance its appeal.
PROPERTY FACTS
| Price | $12,563,279 CAD | Lot Size | 0.60 AC |
| Price Per SF | $1,691.11 CAD | Building Size | 7,429 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1997/2021 |
| Property Subtype | Marina | Parking Ratio | 10.36/1,000 SF |
| Building Class | B | ||
| Zoning | CWR - Commercial Waterfront Residential | ||
| Price | $12,563,279 CAD |
| Price Per SF | $1,691.11 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | B |
| Lot Size | 0.60 AC |
| Building Size | 7,429 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1997/2021 |
| Parking Ratio | 10.36/1,000 SF |
| Zoning | CWR - Commercial Waterfront Residential |
AMENITIES
- Signage
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Portside Pub & Grill | Pub Food | $$$ | 4 min walk |
| Dunkin' | Cafe | - | 4 min walk |
| Sandwich Shack & Grill | - | - | 6 min walk |
| Paradise Ice Cream | Ice Cream | - | 6 min walk |
| Vic's Italian Restaurant & Pizza | Pizza | $$ | 10 min walk |
| Taste Of Asia | Asian | $$ | 10 min walk |
RETAIL |
||
|---|---|---|
| Speedway | Convenience Market | 4 min walk |
| GreatFlorida Insurance | Insurance | 6 min walk |
| Treasure Coast Cross Fit | Fitness | 9 min walk |
| State Farm | Insurance | 13 min walk |
| Sherwin-Williams | Paint/Wallpaper | 15 min walk |
HOTELS |
|
|---|---|
| Best Western Plus |
56 rooms
4 min drive
|
| SpringHill Suites |
83 rooms
17 min drive
|
PROPERTY TAXES
| Parcel Number | 31-39-06-00000-0070-00005.0 | Improvements Assessment | $1,126,502 CAD |
| Land Assessment | $629,105 CAD | Total Assessment | $1,755,607 CAD |
PROPERTY TAXES
Parcel Number
31-39-06-00000-0070-00005.0
Land Assessment
$629,105 CAD
Improvements Assessment
$1,126,502 CAD
Total Assessment
$1,755,607 CAD
SALE ADVISOR
SALE ADVISOR
Bernadette Bunch, Broker Associate
Bernadette Bunch, Broker Associate of LoKation Real Estate, moved to Florida from Hong Kong, China, in 2016. Born and raised in Southern France, she studied international business at the University of Avignon in France and the University of Northumbria in the UK.
Her hard work, enthusiasm, and true passion for real estate investing have helped Bernadette gain a quick reputation as a qualified real estate consultant. Her repeated experiences buying and selling in the Luxury and International real estate markets are what makes Bernadette an incredibly resourceful professional for sellers, buyers, and investors alike. Her extensive international exposure has given her a unique ability to connect and interact positively with her multicultural clientele and partners.
She prides herself on being ultra-confidential and always available for her customers. “Being hyper-local is crucial when transacting real estate, but at the same time, we must have a robust network of connections, both nationwide and internationally, to achieve the best possible match for our customers.”
Bernadette recently moved to Jensen Beach, FL, with her husband, their three children, and their Chiweenie. Bernadette continues to expand her real estate career in Florida and emphasizes her desire to support and contribute to the prosperity of her local community.
In 2021, She earned The Institute for Luxury Home Marketing’s Million Dollar GUILD™ recognition for experience, knowledge, and expertise in million-dollar and above residential properties. Bernadette Bunch is a Certified Luxury Home Marketing Specialist™ (CLHMS), part of an exclusive group of real estate professionals who have completed The Institute’s training and proven performance in the upper-tier market.
Her hard work, enthusiasm, and true passion for real estate investing have helped Bernadette gain a quick reputation as a qualified real estate consultant. Her repeated experiences buying and selling in the Luxury and International real estate markets are what makes Bernadette an incredibly resourceful professional for sellers, buyers, and investors alike. Her extensive international exposure has given her a unique ability to connect and interact positively with her multicultural clientele and partners.
She prides herself on being ultra-confidential and always available for her customers. “Being hyper-local is crucial when transacting real estate, but at the same time, we must have a robust network of connections, both nationwide and internationally, to achieve the best possible match for our customers.”
Bernadette recently moved to Jensen Beach, FL, with her husband, their three children, and their Chiweenie. Bernadette continues to expand her real estate career in Florida and emphasizes her desire to support and contribute to the prosperity of her local community.
In 2021, She earned The Institute for Luxury Home Marketing’s Million Dollar GUILD™ recognition for experience, knowledge, and expertise in million-dollar and above residential properties. Bernadette Bunch is a Certified Luxury Home Marketing Specialist™ (CLHMS), part of an exclusive group of real estate professionals who have completed The Institute’s training and proven performance in the upper-tier market.
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806 Indian River Dr - Mulligan's Marina
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