Riverfront Redevelopment Land
1026 Indian River Drive Sebastian, FL 32958
New
For Sale
$1,995,000
Two combined parcels with dual frontage and RM-8 zoning, served by public water and sewer, with existing residential units.
Days on Market3
Property Features for 1026 Indian River Drive
General Information
- Standard status
- Active
- Property subtype
- Land or Vacant Lot
Listing Agency:
THE CORE TEAM CO
Listed By:
CARLOS ORS · License #B26055496
Source:
Corcoran
Added: Jul 23
Changed: Jul 25
Last Checked: Jul 25 at 8:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE CORE TEAM CO
Investment Insights
Based on property information with market context.
Offered for sale as a combined assemblage of two riverfront-adjacent parcels: 1104 US Highway 1 and 1026 Indian River Drive. The site totals approximately 1.57 acres and features RM-8 zoning. Existing improvements include a mix of 1-bedroom/1-bath and 2-bedroom/2-bath units; the offering is primarily marketed for land value and redevelopment potential, subject to approvals.
The property has dual frontage extending between US Highway 1 and Indian River Drive, with proximity to the Intracoastal. Public water and sewer service are available, and an irrigation well is included. The location is positioned for major-corridor exposure, and river views are noted.
Any future plans, including the potential for rental income or office/sales-center use during planning and permitting, are subject to buyer verification and required governmental approvals. The buyer must independently verify zoning, uses, measurements, utilities, access, flood designation, and development feasibility. Adjacent property (1016 Indian River Drive) is not included and may be available separately.
The property has dual frontage extending between US Highway 1 and Indian River Drive, with proximity to the Intracoastal. Public water and sewer service are available, and an irrigation well is included. The location is positioned for major-corridor exposure, and river views are noted.
Any future plans, including the potential for rental income or office/sales-center use during planning and permitting, are subject to buyer verification and required governmental approvals. The buyer must independently verify zoning, uses, measurements, utilities, access, flood designation, and development feasibility. Adjacent property (1016 Indian River Drive) is not included and may be available separately.
Key Highlights
- Two parcels offered together: 1104 US Highway 1 and 1026 Indian River Drive, totaling approx. 1.57 acres with dual frontage
- RM‑8 zoning with public water and sewer service available on the site
- Existing improvements include 1‑bedroom/1‑bath and 2‑bedroom/2‑bath units for potential rental income or office/sales‑center use (subject to approvals)
Property Analytics
Location Intelligence
Current Use by Public Records
Waterfront Land
FAQs
What type of property is this?
Waterfront Land - Two combined parcels with dual frontage and RM-8 zoning, served by public water and sewer, with existing residential units.
Where is this waterfront land located?
The property is located at 1026 Indian River Drive Sebastian, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Two parcels offered together: 1104 US Highway 1 and 1026 Indian River Drive, totaling approx. 1.57 acres with dual frontage; RM‑8 zoning with public water and sewer service available on the site; Existing improvements include 1‑bedroom/1‑bath and 2‑bedroom/2‑bath units for potential rental income or office/sales‑center use (subject to approvals)
