Property photo 1
26 photos
ActiveMLS# B2605519372 days on market

$1,995,000

1026 INDIAN RIVER Drive, Sebastian, FL

Sebastian, FL 00000

0 BD|0 BA|1,855 SQFT|$1075.47/sqft

About This Property

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.

Property Details

Property TypeCommercial
Year Built1955
Lot Size68,389 sqft
Stories1
Price / Sqft$1,075.47
Days on Market72
MLS NumberB26055193

Pat Bethel

REALTOR®

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Est. Monthly Payment

$12,000

P&I: $10,088 | Tax: $1,413 | Insurance: $499

$1,995,000
%
%
Loan Amount$1,596,000
Down Payment$399,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

1026 INDIAN RIVER Drive, Sebastian, FL, Sebastian, FL 00000

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