- $1,995,000
Description
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.
Address
Open on Google Maps-
Address: INDIAN RIVER
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State/county: Indian River
Details
Updated on August 18, 2026 at 3:58 am-
Property ID B26055193
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Price $1,995,000
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Land Area 1.57 Sq Ft
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Year Built 1955
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Type Multi Family
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Property Status Commercial Sale
Additional details
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AccessibilityFeatures Accessibility Features
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BuildingAreaSource Assessor
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BuildingAreaTotal 1855
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CLIP 4713451941
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ConstructionMaterials Frame, Vinyl Siding
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ContractStatusChangeDate 2026-07-22
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Cooling Wall/Window Unit(s)
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CumulativeDaysOnMarket 29
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CurrentPrice 1995000
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DaysOnMarket 29
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DaysOnMarketReplication 29
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DaysOnMarketReplicationDate 2026-08-17
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DaysOnMarketReplicationIncreasingYN 1
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DocumentsAvailable Aerial, Survey
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DocumentsCount 0
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Electric 110 Volts, 220 Volts
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FoundationDetails Raised
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Heating Wall Furnace
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR BeachesMLS
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ListAgentAOR BeachesMLS
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ListAgentDirectPhone 561-301-9994
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ListAgentEmail CarlosOrs@TCTListings.com
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ListAgentFirstName Carlos
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ListAgentFullName Carlos Ors
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ListAgentKey 26781433
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ListAgentKeyNumeric 26781433
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ListAgentLastName Ors
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ListAgentMlsId 276541408
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ListAgentNationalAssociationId 276541408
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ListAgentOfficePhone 561-301-9994
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ListAgentPreferredPhone 561-301-9994
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ListAgentStateLicense 3328498
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ListAgentURL www.TCTListings.com
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ListOfficeAOR BeachesMLS
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ListOfficeEmail ralphharvey3@yahoo.com
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ListOfficeKey 5926427
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ListOfficeKeyNumeric 5926427
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ListOfficeMlsId 276635720
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ListOfficeName The Core Team Co
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ListOfficePhone 561-301-9994
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ListingAgreement Exclusive Agency
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ListingContractDate 2026-07-19
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ListingKey 1177850064
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ListingKeyNumeric 1177850064
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ListingService Full Service
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ListingTerms Cash, Conventional, FHA
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LotFeatures 1-2 Acres
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LotSizeArea 55173
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MLSAreaMajor 6351 - Sebastian (IR)
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MajorChangeTimestamp July 22, 2026 at 11:12am
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MajorChangeType New Listing
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MapCoordinateSource Imported
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp August 18, 2026 at 01:35am
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OnMarketDate 2026-07-22
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OnMarketTimestamp 2026-07-22T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-08-17T21:31:22.530-00:00
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OriginalEntryTimestamp July 22, 2026 at 11:12am
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OriginalListPrice 1995000
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OriginatingSystemID M00000170
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OriginatingSystemKey 626388060
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OriginatingSystemListAgentMemberKey 1172988
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OriginatingSystemListOfficeKey 1158002
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OriginatingSystemModificationTimestamp 2026-08-17T21:31:22.530-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_BEACH
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ParcelNumber 313906000000050000211
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ParkingTotal 2
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Permission IDX
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PhotosChangeTimestamp August 18, 2026 at 01:35am
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PhotosCount 23
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Possession Close Of Escrow
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PostalCity Sebastian
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PostalCodePlus4 4134
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PropertyCondition Resale
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PropertySubTypeAdditional Multi Family
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RoadFrontageType City Street, Highway
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Roof Rolled/Hot Mop
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SecurityFeatures Smoke Detector(s)
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Sewer Public Sewer
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ShowingContactPhone 561-301-9994
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SignOnPropertyYN 1
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SourceSystemID TRESTLE
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SourceSystemKey 1177850064
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SourceSystemName flexmls
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SpecialListingConditions Standard, Listed As-Is
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StateOrProvince FL
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StatusChangeTimestamp July 22, 2026 at 11:12am
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StoriesTotal 1
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StreetName INDIAN RIVER
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StreetNumber 1026
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StreetNumberNumeric 1026
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StreetSuffix Drive
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TaxAnnualAmount 10378.52
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TaxAssessedValue 570472
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TaxLegalDescription 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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TaxYear 2025
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UniversalPropertyId US-12061-N-313906000000050000211-R-N
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Utilities Other, Sewer Connected, Water Connected
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VideosChangeTimestamp 2026-08-18T01:35:27.000-00:00
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VideosCount 0
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WaterSource Public, Well
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Zoning RM-8
Features
Overview
- Multi Family
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees
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Contact Information
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