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Spencer Bailey

spencer.bailey507@gmail.com +1(507) 951-2934

$ 1,995,000

Est. payment | -/mo

1.57 Acres Lot

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$ 1,995,000

Est. payment | -/mo

Save Virtual Tour

1.57 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Coming Soon

Purchase Type For Sale

Subdivision Braddocks Subdivision Replat Lots 10 To 18

MLS Listing ID B26055496

HOA Y/N No

Annual Tax Amount $10,378

Tax Year 2025

Lot Size 1.570 Acres

Acres 1.57

Property Sub-Type Unimproved Land

Property Description

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.

Location

State FL

County Indian River

Area 6351 - Sebastian (Ir)

Zoning RM-8

Direction East

Rooms

Other Rooms None

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

View Y/N Yes

Water Access Desc Public,Well

View River

Present Use Residential,Single Family,Unimproved

Street Surface Paved

Building

Lot Description 1-2 Acres, City Lot

Faces East

Sewer Public Sewer

Water Public, Well

Additional Building None

Schools

Elementary Schools Sebastian

Middle Schools Sebastian River

High Schools Sebastian River

Others

Tax ID 313906000000050000211

Acceptable Financing Cash, Conventional

Membership Fee Required false

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/1026-Indian-River-Drive-Sebastian-FL-32958/unbranded

Listed by Carlos Ors The Core Team Co

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(507) 951-2934

spencer.bailey507@gmail.com

1026 Indian River DR Sebastian, FL 32958