1026 Indian River DriveSebastian, FL 32958MLS Number B26055496

  • Price: $1,995,000
  • Est. Mortgage of $/month
  • 3 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.55% last updated on Jul 16, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
CMS
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  • 1.57Acreage
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

Basic Information

  • Possible Use Single Family

Basic Information

  • List Price$1,995,000
  • MLS NumberB26055496
  • Modification Date07/22/2026
  • Property SubTypeUnimproved Land
  • Property TypeLand
  • StatusCMS
  • Virtual TourView Tour

Amenities

  • Other AmenitiesWater View

Water Body

  • Water AccessPublic, Well

Other

  • Additional Parcels Description 3.1390600009E+19
  • Date Listed07/20/2026
  • Documents Available Aerial, Survey
  • Possession Close Of Escrow
  • Special Listing Conditions Standard

Tax Information

  • Tax Year 2025
  • Taxes$10,378

Property

  • Number Of Lots 2

Utilities

  • Utilities Electricity Available, Sewer Available, Water Available
  • Waste Water DisposalPublic Sewer

Property Information

  • Acreage1.57
  • Current Use Residential, Single Family, Unimproved
  • Lot Features 1-2 Acres, City Lot
  • Property Sub Type Additional Unimproved Land
  • Property View DescriptionRiver
  • Vegetation Partially Wooded
  • View YN Yes

School Information

  • Elementary SchoolSebastian
  • High SchoolSebastian River
  • Junior HighSebastian River

Location

  • Address1026 Indian River Drive
  • AreaSebastian (IR)
  • Building Number1026
  • CountyIndian River
  • StateFL
  • StreetIndian River Drive
  • SubdivisionBraddocks Subdivision Replat Lots 10 To 18
  • TownSebastian
  • Zip32958

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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