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$550,000 Just Listed
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Property Description
Set on 1.72 acres with approximately 200 feet of direct frontage on the Indian River, this rare waterfront property offers an exceptional opportunity for both redevelopment and the creation of a private riverfront estate. The existing 3-bedroom, 2-bath concrete block home is best suited for redesign or rebuild, allowing the next owner to fully reimagine the site. Zoning allows for residential and commercial uses. A dock previously existed on the property, offering potential to restore private boating access with convenient waterway travel to Sebastian Inlet and the Atlantic Ocean (subject to permitting). With acreage, river frontage, and prime waterway location, the property could support a luxury residence, future redevelopment, or a long-term land-hold investment. Properties of this size and versatility along this stretch of Brevard are limited.
Full Property Details
Full Property Details for 4300 Hwy 1
General
- Price: $550,000
- Taxes: $7,693 (2023)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1066916
- Updated: Today (1/19/2026)
- Added to Site: Today
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Pantry, Primary Bathroom - Shower No Tub, Walk-In Closet(s)
- Appliances: Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Exterior
- Porch/Patio/Deck: Front Porch
Parking
- Parking Features: Other
Location
- Area: 342 - Malabar/Grant-Valkaria
- County: Brevard
- Subdivision: None
- Driving Directions: From Malabar head South on US-1, home is on the right.
- Direction Faces: East
School Information
- Elementary School: Port Malabar
- Middle School: Stone
- High School: Palm Bay
Community
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
- Water Heater: Gas
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Cable Connected, Electricity Connected, Propane
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Block, Concrete, Frame, Stucco
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 2,162
- Living Area: 2,162 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 1976
- Property Condition: Fixer
Lot Features
- Property View: River, Trees/Woods, Water
- Lot Size (Acres): 1.72
- Lot Size (Sq. Ft.): 74,923
- Frontage: Highway
- Street/Road Desc.: Asphalt
- Lot Features: Cleared, Wooded
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Indian River
Financial Considerations
- Price Per Sq. Ft.: $254.39
- Tax Amount: $7,693.42
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 29-38-21-00-00261.0-0000.00
Listed by Keller Williams Realty Brevard
Get Pre-Approved Today
Schools
Schools serving 4300 Hwy 1
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Port Malabar Elementary School 301 Pioneer Avenue Northeast, Palm Bay, FL 32907 | PK-6 | 6.4 mi |
Palm Bay Magnet Senior High School 101 Pirate Lane, Melbourne, FL 32901 | 9-12 | 8.4 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 8.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4300 Hwy 1
Date
Details
Price
Change
Source
1/19/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4300 Hwy 1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,631
118%
$503,610
148%
2024
$3,041
4%
$203,170
3%
2023
$2,936
7%
$197,260
6%
2021
$2,746
2%
$185,950
-3%
2022
$2,696
-2%
$191,520
4%
2021
$2,746
4%
$183,390
4%
2018
$2,629
—
$175,930
2%
2017
$2,634
-1%
$172,320
2%
2016
$2,663
-2%
$168,780
1%
2015
$2,724
2%
$167,610
-7%
2019
$2,661
-3%
$179,270
8%
2014
$2,730
-1%
$166,280
1%
2013
$2,750
—
$163,830
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4300 Hwy 1
4300 Highway 1, Grant-Valkaria, FL 32949 (MLS# 1066916) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4300 Highway 1 is currently listed for $550,000 and was received on January 19, 2026. Want to learn more about 4300 Highway 1? Do you have questions about finding other Single Family real estate for sale in Grant-Valkaria? You can browse all Grant-Valkaria real estate or contact a Coldwell Banker agent to request more information.

