1026 INDIAN RIVER Drive
Sebastian, FL
Square Ft.
1,855
$1,995,000
COMING SOON—SHOWINGS BEGIN AUGUST 10, 2026. 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… Read More 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. Read Less
Courtesy of The Core Team Co 561-301-9994
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multi Family
Square Ft.
1,855
Lot Size
1.57 Acres
Year Built
1955
MLS Number
B26055193
Additional Details
Property Access
Road frontage type: "City Street", "East of US-1", "Highway"
Building
Built in 1955, Construction materials: "Frame", "Vinyl Siding", Toal building area: 1855
Cooling
Wall/Window Unit(s)
Foundation
Details: Raised
Heating
Window/Wall
Lot
1.57 acres
Parking
2 total parkings
Property
Zoning: RM-8
Roof
Rolled/Hot Mop
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Taxes
Annual amount: $10,379
Utilities
220 Volts, 110 Volts, Sewer Connected, Water Connected, Other
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