This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
$1,995,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
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.
Full Property Details
Full Property Details for 1026 Indian River Dr
General
- Price: $1,995,000
- Taxes: $10,378 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: B26055496
- Updated: 7/30/2026
- Added to Site: 4 day(s) ago
Location
- County: Indian River
- Subdivision: BRADDOCKS SUBDIVISION REPLAT LOTS 10 TO 18
- Direction Faces: East
School Information
- Elementary School: Sebastian
- Middle School: Sebastian River
- High School: Sebastian River
Community
- Community Name: 6351 - Sebastian (IR)
Utilities
- Sewer: Public Sewer
- Water: Public, Well
- Well: Yes
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Residential, Single Family, Unimproved
Additional Structures
- Other Structures: None
Lot Features
- Property View: River
- Lot Size (Acres): 1.57
- Lot Size (Sq. Ft.): 68,389.2
- Irrigation System: Well
- Lot Features: 1-2 Acres, City Lot
- Development Status: Raw Land
- Potential Use: Single Family
- Trees/Vegetation: Partially Wooded
- Zoning: RM-8
Water Features
- Water View: Yes
Financial Considerations
- Assessment Amount: $570,472
- Tax Amount: $10,378.52
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey
- Multiple Parcels: Yes
- Legal Description: 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
- Property ID: 313906000000050000211
Listed by The Core Team Co
Get Pre-Approved Today
Schools
Schools serving 1026 Indian River Dr
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Sebastian Elementary School 400 Sebastian Boulevard, Sebastian, FL 32958 | PK-5 | 1 mi |
Sebastian River Middle School 9400 Fellsmere Road, Sebastian, FL 32958 | 6-8 | 4.4 mi |
Sebastian River High School 9001 90th Avenue, Sebastian, FL 32958 | 9-12 | 4.9 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 1026 Indian River Dr
Date
Details
Price
Change
Source
7/30/2026
Listed
$1,995,000
166%
MLS
5/30/2024
Sold
$750,000
—
Public Record
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 1026 Indian River Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,379
-15%
$570,492
-22%
2024
$12,204
10%
$736,026
—
2023
$11,073
7%
$736,045
—
2022
$10,387
13%
$733,061
29%
2021
$9,208
7%
$566,709
37%
2019
$8,614
20%
$414,236
10%
2018
$7,150
—
$376,578
—
2017
$7,148
—
$377,309
4%
2016
$7,151
-3%
$361,820
—
2015
$7,407
9%
$360,970
7%
2014
$6,802
5%
$338,590
5%
2013
$6,482
—
$323,830
—
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 1026 Indian River Dr
1026 Indian River Drive, Sebastian, FL 32958 (MLS# B26055496) is a Vacant Land property with a lot size of 1.57 acres. 1026 Indian River Drive is currently listed for $1,995,000 and was received on July 30, 2026. Want to learn more about 1026 Indian River Drive? Do you have questions about finding other Vacant Land real estate for sale in Sebastian? You can browse all Sebastian real estate or contact a Coldwell Banker agent to request more information.

