Riverfront Redevelopment Land
For Sale
$1,995,000
1026 Indian River Dr, Sebastian, FL 32958
Two combined parcels with dual frontage and RM-8 zoning, served by public water and sewer, with existing residential units.
Property Size1,855 SF
Price / SF$1,075
Days on Market47
Property Features for 1026 Indian River Dr
General Information
Standard status
Active
Size
1,855 SF
Building Details
Year Built
1955
Listing Agency:
The Core Team Co
Listed By:
Carlos Ors · License #R11123850
(561) 301-9994
Source:
Thepennteam
Added: Jul 24
Changed: Sep 8
Last Checked: Sep 8 at 4:54AM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
Explore this area
Business Placement
Demographics for 32958, FL
28,619
Population
15,512
Households
1.8
Avg Household Size
58
Median Age
29%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
1,026
Density / Sq Mi
$68,276
Median Household Income
$37,412
Median Earnings
$1,388
Median Rent
$279,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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 Dr 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)
