5685 MARINA DRIVE UNIT 4, SEBASTIAN, FL, 32958
Active302 days on marketListed Sep 25, 2025MLS #OM710165
About this home
5685 MARINA DRIVE UNIT 4
DON'T MISS THIS ONE WITH FRESHLY PAINTED INTERIOR WALLS, BRAND NEW CARPET IN THE LIVING AREAS AND FRESHLY PAINTED EXTERIOR! Nestled in the picturesque community of Pelican Pointe, this charming second-floor condo offers a serene and comfortable lifestyle in the heart of Sebastian, Florida. With 2 bedrooms and 2 bathrooms, this condo is ideally situated just steps away from the river, docks, and boat ramp, providing both leisure and convenience. The condo features a screened and enclosed deck accessible from both the living room and the primary bedroom, offering stunning views of the 4th green of the golf course. This deck is not only a perfect spot for relaxation but also includes a functional storage closet. Inside, you'll find vaulted ceilings that add character and enhance the spacious feel of the condo. The eat-in kitchen overlooks the living room, making it an ideal setup for entertaining guests. Additional Features Include: 2025 Stackable Washer and Dryer, 2024 Dishwasher and Kitchen Faucet, 2023 Metal Roof, 2023 AC, 2022 Window Blinds, 2021 Water Heater and Garbage Disposal. Also included are Hurricane Shutters for additional security and peace of mind. Pelican Pointe offers a variety of amenities that cater to different lifestyles. If you're a golf enthusiast, you'll love the proximity to the course. The community also features a clubhouse for socializing, a refreshing swimming pool, and plenty of opportunities for fishing or bird watching around the pond. This beautifully maintained community is adorned with mature trees, lush landscaping, and a tranquil pond, creating a peaceful and inviting atmosphere. There is so much to love about this community and this condo! We invite you to schedule a showing today and discover the charm and comfort of this delightful home.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,060
Sqft
23.89 ac
Lot size
1986
Year built
One
Levels
$191
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,332 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,332/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Sebastian actives
$191 vs $226
Days on market
302 vs 42 typical
Where $191/sqft sits among the 109 Sebastian actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Sebastian
Get to know Sebastian. See the full Sebastian guide →
SEBASTIAN 32958 — neighborhood snapshot
Population
29,641
Median age
59
Median income
$68,276
Median home value
$279,100
Avg household
2.21
Households w/ children
1,807
For the school run
Indian River County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sebastian market
$250K → $348K
Sebastian median sold, yr/yr
97.8%
Sale-to-list ratio (12 mo)
21 of 109
Sebastian actives have cut their price
Median sold price, Sebastian, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 45% below the SEBASTIAN 32958 median. See the full Sebastian market guide →
Paper trail
This home's history
Reality check
What actually sold near 5685 MARINA DRIVE UNIT 4
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$175,000
6180 S MIRROR LAKE DRIVE UNIT 518
3 bd · 2 ba · 1,105 sqft · $158/sqft · 0 DOM
Sold · May ’26$180,000
8656 61st Drive, Vero Beach FL 32967
3 bd · 1 ba · 1,008 sqft · $179/sqft · 2 DOM
Sold · Jun ’26$330,000
102 Miller Drive, Sebastian FL 32958
3 bd · 2 ba · 1,449 sqft · $228/sqft · 6 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5685 MARINA DRIVE UNIT 4 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5685 MARINA DRIVE UNIT 4 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5685 MARINA DRIVE UNIT 4 FAQs
What would the monthly payment be for 5685 MARINA DRIVE UNIT 4?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,332/mo — principal and interest, the actual property-tax bill, the $646/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5685 MARINA DRIVE UNIT 4?+
The association fee works out to $646 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5685 MARINA DRIVE UNIT 4?+
The most recent tax bill on record (2024) was $2,965. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5685 MARINA DRIVE UNIT 4?+
The listing reports pets: Cats OK, Dogs OK, Number Limit, Size Limit, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sebastian?+
At $202,000, this home is listed about 40% below the Sebastian median of $334,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5685 MARINA DRIVE UNIT 4?+
Sebastian Elementary School (elementary), Sebastian River Middle School (middle), Sebastian River High School (high) — Indian River County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the SEBASTIAN 32958 market on paper
$202,000 is 45% below the SEBASTIAN 32958 median of $364,000, and at $191/sqft it sits under the Sebastian average of $215.
02Golf Course & Trees/Woods & Water views
The golf course and trees/woods and water view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $646/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
302 days on market against a Sebastian median of 42 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $210,000, now $202,000 — a $8K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of LAND TO SEA REALTY LLC · DeLisa Boling. MLS #OM710165.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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