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1026 INDIAN RIVER Drive, Sebastian FL 32958

Commercial For Sale
$1,995,000

BTC: 31.41979683

ETH: 1,048.54307699

8 days
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1955
Lot:
1.57 Acres
Heating:
Window/Wall
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$10,378
2025
Parking
2 spaces
All facts and features
  • Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Property

    • Exterior Features: East Of Us1

    Lot

    • Lot: 1.57 Acres

    Other Property Information

    • Parcel Number: 313906000000050000211

    • Zoning: RM-8

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Other Utilities Available

    • Other

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $10,378

  • Source details

    • MLS ID: B26055193

    Other facts

    • Construction Materials: Frame / Frame With Stucco

    • Lot Features: 1 To Less Than 2 Acre Lot / East Of US 1

    • Water Source: Public / Well

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Core Team Co