Unimproved Land in 1026 Indian River Drive, Sebastian, FL 32958 for sale with MLS# B26055496
Rare redevelopment opportunity in Sebastian's riverfront district. Offered together, 1104 US Highway 1 and 1026 Indian River Drive combine approximately 1.57 acres with dual frontage. Features include RM-8 zoning, public water and sewer, an irrigation well, Intracoastal proximity and major-corridor exposure. Existing improvements include 1-bedroom/1-bath and 2-bedroom/2-bath units, offering rental income or possible sales-center/office use during planning, permitting and development, subject to approvals. Value is primarily in the land and redevelopment potential. Buyer to verify zoning, uses, measurements, utilities and feasibility. Adjacent property is not included and may be available separately; listing agent can provide details. This offering combines two strategically positioned parcels extending between US Highway 1 and Indian River Drive. The $1,995,000 price includes both 1104 US Highway 1 and 1026 Indian River Drive. The site totals approximately 1.57 acres and offers dual frontage, RM-8 zoning, public water and sewer, an existing irrigation well, river views, and Intracoastal proximity.. Existing structures convey with the property; the offering is marketed primarily for its land and redevelopment potential. 1016 Indian River Drive is not included and may be available separately. Buyer must perform independent due diligence regarding zoning, land use, acreage, utilities, access, flood designation, permitted uses and development feasibility. 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 32958
- Price:
- $1,995,000.00
- Original List Price:
- $1,995,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $29.17
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- July 30, 2026 10:18 pm
- Lot Area:
- 68,389.20 Sqft
- Additional Parcels
- Lot Size Acres:
- 1.57
- Number of Lots:
- 2
- View from the Property:
- River
- Waterfront:
- No
- Current Use:
- Single Family, Unimproved, Residential, Check Land Use Plan
- Vegetation and Trees:
- Partial Tree Coverage
- Property Entrance Faces:
- East
- Road Frontage Type:
- East of US-1
- Possible Use:
- Single Family
- Flood Zone Code:
- X
- Tax Annual Amount:
- $10,378.52
- Tax Year:
- 2025
- Tax Assessed Value:
- $570,472.00
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Available, Sewer Available, Water Available
- Water Source:
- Public, Well
- Subdivision Name:
- BRADDOCKS SUBDIVISION REPLAT LOTS 10 TO 18
- Senior Community:
- No
- Development Status:
- Raw Land
- Documents Available:
- Aerial, Survey
- Listing Terms Considered by Seller:
- Cash, Conventional
- 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
- Elementary School:
- Walker
- High School:
- Sebastian River
- Middle Or Junior School:
- Sebastian River
- Active on the market since:
- July 30, 2026
- Listing Agreement executed on:
- July 20, 2026
- Listing Status Last Changed On:
- July 30, 2026 10:18 pm
- Photos updated on:
- July 24, 2026 9:10 pm
- Last Modified:
- July 30, 2026 10:18 pm
- Courtesy of:
- The Core Team Co
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- Street Name:
- Indian River
- Street Number:
- 1026
- City:
- Sebastian
- State:
- Florida
- Zip Code:
- 32958
- County:
- Indian River
- Latitude:
- N27° 48' 53.2''
- Longitude:
- W81° 31' 56''
- Street Suffix:
- Drive

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates