$1,995,000
 $10,710 est/mo Sourced by Back At You

1026 Indian River Drive,Sebastian, FL 32958

Sebastian, FL 32958

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Description

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.

Details

MLS #B26055193
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1955
Days On Site43
Listing Provided ByThe Core Team Co | Carlos Ors

Features

SQ Feet1,855
Story(s)1
ZoningRM-8
Acreage1.57

Exterior

Lot FeaturesOne To Two Acres

Taxes

Tax Annual Amount10378

Area Information

StateFL
CountyIndian River
CitySebastian
Zip Code32958
Area6351 Sebastian
Listing VS Median (in 32958)
Price:
$1,995,000
low | high
Med:
$369,000
100% of Average
sqft:
1,855
low | high
Med:
1,674
59.757412398922% of Average
$ / sqft:
$1,075
low | high
Med:
$220
100% of Average
On site:
43
low | high
Med:
113
38.053097345133% of Average
Sourced by Back At You

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Additional Information


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Learn More About This Property

StateFL
CountyIndian River
CitySebastian
Zip Code32958
Area6351 Sebastian
Listing VS Median (in 32958)
Price:
$1,995,000
low | high
Med:
$369,000
100% of Average
sqft:
1,855
low | high
Med:
1,674
59.757412398922% of Average
$ / sqft:
$1,075
low | high
Med:
$220
100% of Average
On site:
43
low | high
Med:
113
38.053097345133% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.496M - $2.493M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
1329 US HIGHWAY 1 Property Photo 1
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1329 Us Highway 1
Sebastian, FL 32958
806 INDIAN RIVER Drive Property Photo 1
$9,500,000
806 Indian River Drive
Sebastian, FL 32958
324 Valencia Street Property Photo 1
$269,900
324 Valencia Street
Sebastian, FL 32958
Listing Updated: August 31, 2026 at 9:04:33 PM PDT