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$1,499,982 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 3,193 Sq. Ft.
  • Updated 1 day ago
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Tucked away along the serene waterfront of Grant-Valkaria, this exceptional property offers 55 feet of direct frontage on the Indian River, creating a setting that feels both private and expansive. Situated on a generous lot, the outdoor living experience is nothing short of extraordinary--complete with a gas heated salt water pool, an oversized pergola with summer kitchen, and a private dock with boat lift for effortless days on the water. Adding to its rarity, the owner has thoughtfully created a true sandy beach along the shoreline, offering a unique feature seldom found on the river. From sunrise mornings with coffee on the dock to afternoons spent paddleboarding or boating to nearby waterfront dining, this property captures the essence of Florida coastal living. With quick access to the inlet, enjoy offshore fishing, sandbar weekends, and endless days on the water right from your backyard. Inside, the home has been beautifully updated with a clean, coastal-modern design. Natural light fills the open living spaces, while water views follow you from room to room. The flexible floor plan includes four bedrooms along with a spacious first-floor retreat featuring its own living area, dining space, and bedroom--ideal for guests, extended family, or multi-generational living. Whether you're searching for a full-time residence or a private waterfront escape, this home delivers a lifestyle that is both relaxed and refined in one of the Space Coast's most peaceful and sought-after settings. Adding to its rarity, this property features flexible mixed-use commercial/residential zoning, offering possibilities beyond traditional waterfront ownership. Whether you envision generating short-term vacation rental income, creating a live/work environment, establishing a business presence, or exploring future waterfront enhancements, this property presents exceptional lifestyle and investment potential. All uses, improvements, and development opportunities are subject to county, environmental, zoning, and permitting approvals.

Full Property Details for 5079 Hwy 1

General

  • Price: $1,499,982
  • Taxes: $6,978 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1077538
  • Updated: 5/16/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Guest Suite, In-Law Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Convection Oven, Dishwasher, Gas Cooktop, Microwave, Water Softener Owned
  • Furnishings: Unfurnished
  • Flooring: Tile, Wood, Other

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Electric Dryer Hookup, Washer Hookup

Additional Information

  • Pool: Yes
  • Pool Description: Gas Heat, Salt Water
  • Spa: Yes
  • Spa Description: Above Ground, Heated, In Ground, Private

Exterior

  • Exterior Features: Boat Slip, Dock, Outdoor Kitchen, Boat Lift
  • Porch/Patio/Deck: Covered, Front Porch, Porch, Rear Porch, Screened

Parking

  • Parking Features: Secured

Location

  • Area: 342 - Malabar/Grant-Valkaria
  • County: Brevard
  • Subdivision: Jorgensons Plat of Grant
  • Driving Directions: On US1 in Grant. (about 0.4 mile North of The Old Fish House Restaurant)
  • Direction Faces: East

School Information

  • Elementary School: Sunrise
  • Middle School: Stone
  • High School: Bayside

Community

  • Pets Allowed: Yes
  • Pet Restrictions: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes
  • Utility Description: Cable Connected, Electricity Connected

Structural Information

  • Architectural Style: Ranch, Traditional
  • Exterior Const.: Block, Concrete, Frame
  • Roof: Metal
  • Stories/Levels: 2
  • Square Feet: 3,193
  • Living Area: 3,193 Sq. Ft.
  • Current Bldg. Use: Residential, Single Family
  • Year Built: 1972
  • Property Condition: Updated/Remodeled

Additional Structures

  • Other Structures: Gazebo, Outdoor Kitchen

Lot Features

  • Property View: Beach, Pool, River, Water, Intracoastal
  • Lot Size (Acres): 0.38
  • Lot Size (Sq. Ft.): 16,553
  • Frontage: County Road
  • Street/Road Desc.: Asphalt
  • Lot Features: Other

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Indian River

Financial Considerations

  • Price Per Sq. Ft.: $469.77
  • Tax Amount: $6,978.59
  • Tax Year: 2025
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 29-38-28-25-0000b.0-0038.00

Listed by Engel&Voelkers Melb Beachside

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— 5079 Hwy 1 —

  • Engel&Voelkers Melb Beachside

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5079 Hwy 1

School District:Brevard County School District
NameGradesDistance
Sunrise Elementary School, Palm Bay, FL
1651 Mara Loma Blvd Se, Palm Bay, FL 32909
PK-66.2 mi
Stone Magnet Middle School
1101 East University Boulevard, Melbourne, FL 32901
7-89.9 mi
Bayside High School
1901 Degroodt Road Southwest, Palm Bay, FL 32908
9-129 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5079 Hwy 1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/16/2026
Listed
$1,499,982
234.07%
MLS
6/21/2017
Sold
$449,000
—
Public Record
Get Price Alerts and Save Property
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 for 5079 Hwy 1

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,806
—
$473,300
17%
2024
$5,806
2%
$404,570
3%
2023
$5,668
4%
$392,790
6%
2021
$5,437
3%
$370,250
-3%
2022
$5,254
-3%
$381,350
5%
2021
$5,437
19%
$364,750
18%
2019
$4,552
1%
$308,540
2%
2018
$4,527
-23%
$302,790
-11%
2017
$5,867
1%
$340,910
6%
2016
$5,802
6%
$322,910
11%
2015
$5,477
3%
$291,590
5%
2014
$5,301
3%
$277,230
6%
2013
$5,152
—
$260,980
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Engel&Voelkers Melb Beachside

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5079 Highway 1, Grant-Valkaria, FL 32949 (MLS# 1077538) is a Single Family property with 4 bedrooms and 4 full bathrooms. 5079 Highway 1 is currently listed for $1,499,982 and was received on May 16, 2026. Want to learn more about 5079 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.

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