Property 1026 INDIAN RIVER Drive, Sebastian, FL for sale with MLS# B26055193
COMING SOON. Rare redevelopment opportunity in Sebastian's riverfront district. Offered together, 1104 US Highway 1 and 1026 Indian River Drive, approximately 1.57 acres with approximately 239.04 feet of US Highway 1 frontage and 170.34 feet of Indian River Drive frontage. RM-8 zoning, public water and sewer, irrigation well, river views, Intracoastal proximity and prominent corridor exposure. The property is vacant. Improvements include a 933-square-foot, 1-bedroom/1-bath concrete-block residence and 448-square-foot accessory structure at 1104, per public records. The 1026 parcel includes 1-bedroom/1-bath and 2-bedroom/2-bath units. All improvements convey. Value is primarily in the land and redevelopment potential. Buyer to verify all information. COMING SOON. The listing becomes Active and showings may begin August 10, 2026. The $1,995,000 price includes both 1104 US Highway 1 and 1026 Indian River Drive, together with all existing improvements. Potential interim rental, sales-center or office use during the planning, permitting and development process is subject to the condition of the improvements, zoning requirements and all applicable approvals. Additional adjacent property may be available separately. Inquire with the listing agent for additional information. Buyer and buyer's agent must independently verify zoning, land use, permitted uses, acreage, frontage, utilities, flood designation, access, development feasibility, required approvals and all measurements. BOUNDARY DISCLOSURE: Any parcel boundary lines or frontage measurements shown are approximate, provided for marketing purposes only and do not constitute a survey. CONCEPTUAL IMAGE DISCLOSURE: Any conceptual renderings are for illustrative purposes only and do not depict existing improvements or governmental approvals.
1026 INDIAN RIVER Drive, Sebastian, FL
- Price:
- $1,995,000.00
- Original List Price:
- $1,995,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- July 22, 2026 3:12 pm
- Other Special Conditions:
- Sold As-is, Will Not Divide
- Built-Up Area:
- 1,855 Sqft
- Building Area Source:
- Assessor
- Lot Size Acres:
- 1.57
- Security:
- Smoke Detector(s)
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Window/wall
- Year Built:
- 1955
- Roof:
- Rolled/hot Mop
- Construction Materials:
- Frame, Vinyl Siding
- Number of stories:
- 1
- Road Frontage Type:
- City Street, Highway, East of US-1
- Foundation Details:
- Raised
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $10,378.52
- Tax Year:
- 2025
- Tax Assessed Value:
- $570,472.00
- Parking Total Spaces:
- 2
- Sewer:
- Public Sewer
- Electric:
- 220 Volts, 110 Volts
- Utilities Available:
- Other, Sewer Connected, Water Connected
- Water Source:
- Public, Well
- Senior Community:
- No
- Documents Available:
- Aerial Photo(s), Existing Survey
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- SEC 6 TWP 31 RNG 39 GOVT LOT 5 MORE FULLY DESC AS BEG AT THE INTERSEC OF THE S LINE OF GOVT LOT 5 AND SEC 6 AND THE E ROW OF US HWY 1 AS IT
- Real Estate Folio Number (Parcel Number):
- 313906000000050000211
- Zoning:
- RM-8
- Active on the market since:
- July 22, 2026
- Listing Agreement executed on:
- July 19, 2026
- Listing Status Last Changed On:
- July 22, 2026 3:12 pm
- Photos updated on:
- July 24, 2026 9:00 pm
- Last Modified:
- July 24, 2026 10:13 pm
- Courtesy of:
- The Core Team Co
- Attribution:
- Not provided
- Street Name:
- INDIAN RIVER
- Street Number:
- 1026
- City:
- Sebastian
- State:
- Florida
- County:
- Indian River
- Latitude:
- N27° 48' 53.2''
- Longitude:
- W81° 31' 56''
- Street Suffix:
- Drive
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Ver la propiedad 1026 INDIAN RIVER Drive, Sebastian, FL
