1026 Indian River DriveSebastian FLMLS Number B26055193

  • Price: $1,995,000
  • 1 Day on Market
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Federal 30-year interest rate: 6.55% last updated on Jul 16, 2026
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  • 1.57Acreage
  • 1955Year Built
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 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.
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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More Info

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

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 Date07/22/2026
  • 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 July 23, 2026 6:18 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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