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About This Property
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.
Property Features
County
Indian River County
Section
Area
1855
Subdivision
Interior
Cooling
Wall/Window Unit(s)
Bedrooms
Floors
Full Baths
Appliances
Heating
Window/Wall
Style
Garage Spaces
Construction/Exterior
Frame, Frame With Stucco
Patio / Deck Description
Exterior
East Of Us1
Has a Pool
Possession
Lot Size in Acres
1.57
Water
Public, Well
Sewer
Public Sewer, Public Sanitation, Sewer
Lot Size in Sq. Ft.
55173
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Senior Community
No
Other Utilities
Other Utilities Available, Other, Sewer Available, Water Available
Property Type
Commercial Sale
Pets
Property SubType 2
Multi Family
Tax Year
2025
Year Built
1955
Tax Amount
$10378
APN
NA
Square Feet Source
NA
Map
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