1026 Indian River Drive Sebastian, FL $ 1,995,000
1026 Indian River Drive
$ 1,995,000
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1026 Indian River Drive

Sebastian, FL, 32958
$ 1,995,000
Baths0.0

Monthly Estimate*

$ 12,597

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View a Virtual Tour
Studio

Lots and Land for sale in Sebastian, FL

for $1,995,000. The lot size is 1.57.

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.

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Lots and Land Coming Soon

Price

$ 1,995,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 10,378

Style

Lot Size

1.57

Town/City

Sebastian

County/Region

Indian River

MLS | Web ID

B26055496

Features
General
Membership Required false
Sewer Public Sewer
Utilities Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Development Status Raw Land
View River
Property Subtype Unimproved Land
Tax Year 2025
Current Use Residential Single Family Unimproved
Additional Parcels Description 31390600009000000003.0
County Indian River
Property Type Land
Subdivision Name BRADDOCKS SUBDIVISION REPLAT LOTS 10 TO 18
Facing Direction East
Possible Use Single Family
Other Structures None
Status Coming Soon
High School Sebastian River
City Sebastian
MLS Area 6351 - Sebastian (IR)
Lot Size Square Feet 68389.2
Elementary School Sebastian
Tax Annual Amount 10378.52
Middle/Junior High School Sebastian River
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/1026-Indian-River-Drive-Sebastian-FL-32958/unbranded
Standard Status Coming Soon
Property Sub Type Additional Unimproved Land
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
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Interior
Total Baths 0
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Exterior
Vegetation Partially Wooded
Lot Features 1-2 Acres City Lot
Water Source Public Well
Lot Size Acres 1.57
Road Surface Type Paved
Waterfront Y/N false
Number of Lots 2
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* 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.
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Nearby
3801195 Elementary School
4822646 Middle School
Sebastian River High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$1,995,000 Listed Price

Map


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1026 Indian River Drive, Sebastian, FL, 32958 is a Lots and Land for sale at $1,995,000 with a lot size of 1.57. 1026 Indian River Drive is a studio with 0.0 baths. The property's zip code is 32958 which is in Sebastian, FL