1026 Indian River Drive, Sebastian, FL 32958 (MLS# B26055496)

1026 Indian River Drive, Sebastian, FL 32958

New Listing
$1,995,000
Property Type: Land & Docks Lot Size (sq. ft.): 68,389 Status: Coming Soon
Current Price: $1,995,000 List Date: 7/20/2026 Last Modified: 7/24/2026

Overview

Description

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.

Supplements: 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 Int ...

Listing Details MLS# B26055496

General Property Information

Transaction Type
Listing For Sale
Property Sub Type
Unimproved Land
Number Of Lots
2
Lot Size Acres
1.57
Lot Size Square Feet
68389.2
Additional Parcels YN
Yes
Additional Parcels Description
31390600009000000003.0
Property Description
SINGLE FAMILY
Direction Faces
East
LP/Assessed Value
3.5
LP/SqFt
29.17

Property Features

Current Use: Check Land Use Plan; Residential; Single Family; Unimproved Deed Restrictions: None Development Status: Raw Land Documents Available: Aerial; Survey Environmental Audit: None Irrigation Source: Well Location of Property: City Location Other Structures: None Possession: Close Of Escrow Possible Use: Single Family Sewer: Public Sewer Special Listing Conditions: Standard Trees: Partial Tree Coverage Utilities: Electricity Available; Sewer Available; Water Available Listing Terms: Cash; Conventional Road Frontage Type: East of US-1 Road Surface Type: Paved Traffic Type: Auto; Pedestrian; Heavy Tax Information: City/County Water Source: Public; Well Water View: River Showing Requirements: Call Listing Agent; Sign On Property; Text Listing Agent Elevation Description: 0-5 Feet Above Sea Level Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1995000
Negotiable Seller Concessions YN
No
Listing Service
Full Service
Seller Represented YN
No
LP/Acre
1270700.64

Location and Legal

Country
United States
County Or Parish
Indian River
Street Number
1026
Street Name
Indian River
Street Suffix
Drive
Municipality Type
Incorporated
State Or Province
FL
Postal Code
32958
Postal Code +4
4134
Subdivision Name
BRADDOCKS SUBDIVISION REPLAT LOTS 10 TO 18
Area
6351 - Sebastian (IR)
Geographic Area
INRV - Indian River
Elementary School
Sebastian
Middle Or Junior School
Sebastian River
High School
Sebastian River
Parcel Number
313906000000050000211
Subdivision Number
60000
Zoning
RM-8
Flood Zone
X
County Land Use
01

Financial Information

Master Association YN
No
Membership Fee Required YN
No
Tax Year
2025
Tax Annual Amount
10378.52
Tax Assessed/SOH Value
570472
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
Assessor Market Value
570472
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-07-23T01:19:28Z
Major Change Type
No Showings
Status Change Date
2026-07-22

More Information

Originating Details

Originating System Key
20260722231122680873000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Special Listing Conditions

Standard
Yes

Documents Available

Aerial
Yes
Survey
Yes

Current Use

Check Land Use Plan
Yes
Residential
Yes
Single Family
Yes
Unimproved
Yes

Deed Restrictions

None
Yes

Development Status

Raw Land
Yes

Environmental Audit

None
Yes

Irrigation Source

Well
Yes

Location of Property

City Location
Yes

Other Structures

None
Yes

Possession

Close Of Escrow
Yes

Possible Use

Single Family
Yes

Sewer

Public Sewer
Yes

Trees

Partial Tree Coverage
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Water View

River
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Frontage Type

East of US-1
Yes

Road Surface Type

Paved
Yes

Water Source

Public
Yes
Well
Yes

Showing Requirements

Call Listing Agent
Yes
Sign On Property
Yes
Text Listing Agent
Yes

Traffic Type

Auto
Yes
Pedestrian
Yes
Heavy
Yes

Tax Information

City/County
Yes

Elevation Description

0-5 Feet Above Sea Level
Yes

Acreage Description

1 To Less Than 2 Acre Lot
Yes
IDX
Listing Office: The Core Team Co
Last Updated: July - 24 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Search powered by FBS Products