1026 Indian River DriveSebastian FLMLS Number B26055193

  • Price: $1,995,000
  • 47 Days on Market
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Federal 30-year interest rate: 6.71% last updated on Sep 3, 2026
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  • 1.57Acreage
  • 1955Year Built
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.
Listing by The Core Team Co

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Ocean Estate Properties
Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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Tax Information

  • Tax Year 2025
  • Taxes$10,378

Building

  • Building ConstructionFrame, Vinyl Siding
  • FoundationRaised
  • Year Built1955

Property Information

  • Acreage1.57
  • Lot Features 1-2 Acres
  • Property Condition Resale
  • Property Sub Type Additional Multi Family

Water Body

  • Water AccessPublic, Well

Other

  • Date Listed07/22/2026
  • Documents Available Aerial, Survey
  • Possession Close Of Escrow
  • Special Listing Conditions Standard, Listed As-Is
  • View Count1

Parking

  • Parking Total 2

Location

  • Address1026 Indian River Drive
  • AreaSebastian (IR)
  • Building Number1026
  • CountyIndian River
  • StateFL
  • StreetIndian River Drive
  • TownSebastian

Exterior

  • RoofRolled/Hot Mop

Amenities

  • Accessibility AmenitiesAccessibility Features
  • Cooling Wall/Window Unit(s)
  • Cooling YN Yes
  • Other AmenitiesWater View
  • Security Features Smoke Detector(s)

Basic Information

  • List Price$1,995,000
  • MLS NumberB26055193
  • Modification Date08/28/2026
  • Property SubTypeMulti Family
  • Property TypeCommercial Sale
  • StatusACT
  • Virtual TourView Tour

Utilities

  • Electric 110 Volts,220 Volts
  • Heat SystemWall Furnace
  • Heating YN Yes
  • Utilities Other, Sewer Connected, Water Connected
  • Waste Water DisposalPublic Sewer

Based on information submitted to BeachesMLS as of September 6, 2026 9:41 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively 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.

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