1026 INDIAN RIVER Drive, Sebastian, FL,Sebastian,Indian River,Commercial Sale
  • $1,995,000

Description

COMING SOON—SHOWINGS BEGIN AUGUST 10, 2026. 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.

  • Address: INDIAN RIVER
  • City: Sebastian
  • State/county: Indian River

Details

Updated on July 23, 2026 at 3:51 am
  • Property ID B26055193
  • Price $1,995,000
  • Land Area 1.57 Sq Ft
  • Year Built 1955
  • Type Multi Family
  • Property Status Commercial Sale

Additional details

  • AccessibilityFeatures Accessibility Features
  • BuildingAreaSource Assessor
  • BuildingAreaTotal 1855
  • CLIP 4713451941
  • ConstructionMaterials Frame, Vinyl Siding
  • ContractStatusChangeDate 2026-07-22
  • Cooling Wall/Window Unit(s)
  • CumulativeDaysOnMarket 3
  • CurrentPrice 1995000
  • DaysOnMarket 3
  • DaysOnMarketReplication 3
  • DaysOnMarketReplicationDate 2026-07-22
  • DaysOnMarketReplicationIncreasingYN 1
  • DocumentsAvailable Aerial, Survey
  • DocumentsCount 0
  • Electric 110 Volts, 220 Volts
  • FoundationDetails Raised
  • Heating Wall Furnace
  • InternetAddressDisplayYN 1
  • InternetAutomatedValuationDisplayYN 1
  • InternetConsumerCommentYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR BeachesMLS
  • ListAgentAOR BeachesMLS
  • ListAgentDirectPhone 561-301-9994
  • ListAgentEmail CarlosOrs@TCTListings.com
  • ListAgentFirstName Carlos
  • ListAgentFullName Carlos Ors
  • ListAgentKey 26781433
  • ListAgentKeyNumeric 26781433
  • ListAgentLastName Ors
  • ListAgentMlsId 276541408
  • ListAgentNationalAssociationId 276541408
  • ListAgentOfficePhone 561-301-9994
  • ListAgentPreferredPhone 561-301-9994
  • ListAgentStateLicense 3328498
  • ListAgentURL www.TCTListings.com
  • ListOfficeAOR BeachesMLS
  • ListOfficeEmail ralphharvey3@yahoo.com
  • ListOfficeKey 5926427
  • ListOfficeKeyNumeric 5926427
  • ListOfficeMlsId 276635720
  • ListOfficeName The Core Team Co
  • ListOfficePhone 561-301-9994
  • ListingAgreement Exclusive Agency
  • ListingContractDate 2026-07-19
  • ListingKey 1177850064
  • ListingKeyNumeric 1177850064
  • ListingService Full Service
  • ListingTerms Cash, Conventional, FHA
  • LotFeatures 1-2 Acres
  • LotSizeArea 55173
  • MLSAreaMajor 6351 - Sebastian (IR)
  • MajorChangeTimestamp July 22, 2026 at 11:18am
  • MajorChangeType New Listing
  • MapCoordinateSource Imported
  • MlsStatus Active
  • MobileDimUnits Feet
  • ModificationTimestamp July 23, 2026 at 01:28am
  • OnMarketDate 2026-07-22
  • OnMarketTimestamp 2026-07-22T00:00:00.000-00:00
  • OpenHouseModificationTimestamp 2026-07-22T21:27:07.937-00:00
  • OriginalEntryTimestamp July 22, 2026 at 11:12am
  • OriginalListPrice 1995000
  • OriginatingSystemID M00000170
  • OriginatingSystemKey 626388060
  • OriginatingSystemListAgentMemberKey 1172988
  • OriginatingSystemListOfficeKey 1158002
  • OriginatingSystemModificationTimestamp 2026-07-22T21:27:07.937-00:00
  • OriginatingSystemName BEACH
  • OriginatingSystemSubName BEACH_BEACH
  • ParcelNumber 313906000000050000211
  • ParkingTotal 2
  • Permission IDX
  • PhotosChangeTimestamp July 22, 2026 at 07:43pm
  • PhotosCount 21
  • Possession Close Of Escrow
  • PostalCity Sebastian
  • PostalCodePlus4 4134
  • PropertyCondition Resale
  • PropertySubTypeAdditional Multi Family
  • RoadFrontageType City Street, Highway
  • Roof Rolled/Hot Mop
  • SecurityFeatures Smoke Detector(s)
  • Sewer Public Sewer
  • ShowingContactPhone 561-301-9994
  • SignOnPropertyYN 1
  • SourceSystemID TRESTLE
  • SourceSystemKey 1177850064
  • SourceSystemName flexmls
  • SpecialListingConditions Standard, Listed As-Is
  • StateOrProvince FL
  • StatusChangeTimestamp July 22, 2026 at 11:12am
  • StoriesTotal 1
  • StreetName INDIAN RIVER
  • StreetNumber 1026
  • StreetNumberNumeric 1026
  • StreetSuffix Drive
  • TaxAnnualAmount 10378.52
  • TaxAssessedValue 570472
  • 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
  • TaxYear 2025
  • UniversalPropertyId US-12061-N-313906000000050000211-R-N
  • Utilities Other, Sewer Connected, Water Connected
  • VideosCount 0
  • WaterSource Public, Well
  • Zoning RM-8

Overview

Property ID: B26055193
  • Multi Family
  • Type

Mortgage Calculator

Schedule a Tour

Your information

Contact Information

View Listings
Jason Morgan
  • Jason Morgan

Enquire About This Property