1026 INDIAN RIVER Drive Sebastian, FL $ 1,995,000
1026 INDIAN RIVER Drive
$ 1,995,000
Share Save

1026 INDIAN RIVER Drive

Sebastian, FL
$ 1,995,000
Bedrooms-- Baths-- Sq 1,855

Monthly Estimate*

$ 12,597

1026 INDIAN RIVER Drive, Sebastian, FL  - Image 1
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 2
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 3
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 4
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 5
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 6
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 7
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 8
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 9
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 10
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 11
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 12
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 13
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 14
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 15
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 16
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 17
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 18
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 19
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 20
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 21
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 22
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 23
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 24
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 25
1026 INDIAN RIVER Drive, Sebastian, FL  - Image 26
View a Virtual Tour

Commercial Property for sale in Sebastian, FL

for $1,995,000. This 1,855 square foot building was built in 1955 on a lot size of 1.57.

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.

See more

Commercial Active

Price

$ 1,995,000

Property Type

Commercial

Taxes

$ 10,378

Style

Lot Size

1.57

Year Built

1955

Town/City

Sebastian

County/Region

Indian River

MLS | Web ID

B26055193

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Other Sewer Connected Water Connected
Possession Close Of Escrow
Roof Rolled/Hot Mop
Security Features Smoke Detector(s)
Construction Materials Frame Vinyl Siding
Year Built 1955
Electric 110 Volts 220 Volts
Property Subtype Multi Family
Tax Year 2025
Accessibility Accessibility Features
County Indian River
New Construction false
Property Type Commercial Sale
Status Active
City Sebastian
MLS Area 6351 - Sebastian (IR)
Tax Annual Amount 10378.52
Property Condition Resale
MLS Area Minor INRV - Indian River
Virtual Tour https://www.propertypanorama.com/1026-INDIAN-RIVER-Drive-Sebastian-FL/unbranded
Standard Status Active
Property Sub Type Additional Multi Family
Legal Description SEC 6 TWP 31 RNG 39 GOVT LOT 5 MORE FULLY DESC AS BEG AT THE INTERSEC OF THE S LINE OF GOVT LOT 5 AND SEC 6 AND THE E ROW OF US HWY 1 AS IT
See more
Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
See more
Exterior
Lot Features 1-2 Acres
Water Source Public Well
Total Parking 2
Lot Size Area 55173
Foundation Details Raised
Building Area Total 1855
Lot Size Acres 1.57
Road Frontage Type City Street Highway
See more
* Excluded Features
List By
Carlos Ors

Listing Agent

Affordability Calculator

$13,461
Per Month
94%
6%
0%
Monthly Principal & Interest
$12,597
Monthly Property Taxes
$865
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2026$1,995,000 Listed Price

Map


See all

1026 INDIAN RIVER Drive, Sebastian, FL, is a Commercial Property for sale at $1,995,000 with 1,855 sqft and a lot size of 1.57. 1026 INDIAN RIVER Drive was built in 1955. The property's zip code is which is in Sebastian, FL