1026 INDIAN RIVER Drive, Sebastian, FL
Overview
Description
Supplements: ... (Read more) The existing improvements comprise four residential units, offering potential flexibility during a buyer's planning and evaluation period. The unit mix includes a 2-bedroom/2-bath residence and a 1-bedroom/1-bath residence at 1026 Indian River Drive, together with a 1-bedroom/1-bath residence and studio at 1104 U.S. Highway 1. Buyers should independently verify unit configurations, permits, lawful use, occupancy, leases, rental history, expenses and the ability to continue any existing use. The applicable U.S. Highway 1 corridor recorded approximately 30,500 vehicles per day according to 2025 FDOT Annual Average Daily Traffic data, providing substantial daily visibility within one of Sebastian's principal travel corridors. The surrounding area delivers the coastal lifestyle that continues to draw residents, seasonal visitors and outdoor enthusiasts to Sebastian. The Indian River Lagoon supports boating, paddling, kayaking, paddleboarding, wildlife viewing and scenic days on the water. Approximately 20 minutes away, Sebastian Inlet State Park connects the lagoon with the Atlantic Ocean and is celebrated for surfing, beaches and world-class saltwater fishing. Local waters are known for snook, redfish, bluefish and Spanish mackerel; a 45-pound, 12-ounce Florida-record snook was caught near Sebastian, according to the Florida Fish and Wildlife Conservation. Nearby attractions add dining, entertainment and visitor appeal throughout the year. Capt Hirams Resort combines a marina, lodging, dining and live music in a tropical setting. Earl's Hideaway Lounge & Tiki Bar is a long-established destination for live performances and motorcycle enthusiasts, while Tiki Bar & Grill offers lagoon-side dining and dock access. Riverview Park hosts festivals, concerts, markets and community gatherings, with scenic walkways extending along the riverfront. Local restaurants, marinas, boat ramps, nature trails, independent shops and nearby Atlantic beaches round out an area built around recreation, music and life on the water. The properties offer river views and convenient access to the Indian River Lagoon but are not represented as waterfront. All unit, traffic, access, use, entitlement and development information should be independently verified by the buyer.
Listing Details MLS# B26055193
General Property Information
- Property Sub Type
- Multi Family
- Building Area Main
- 1855
- Building Area Source
- Assessor
- Year Built
- 1955
- Parking Total
- 2
- Lot Size Area
- 55173
- Lot Size Acres
- 1.57
- Accessibility Features YN
- Yes
- Stories Total
- Yes
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 1995000
- Negotiable Seller Concessions YN
- No
- Listing Service
- Full Service
Location and Legal
- Country
- United States
- County Or Parish
- Indian River
- Street Number
- 1026
- Street Name
- INDIAN RIVER
- Street Suffix
- Drive
- Municipality Type
- Incorporated
- State Or Province
- FL
- Postal Code
- 32958
- Postal Code +4
- 4134
- Area
- 6351 - Sebastian (IR)
- Geographic Area
- INRV - Indian River
- Parcel Number
- 313906000000050000211
- Subdivision Number
- 60000
- Multiple Offers Accepted
- Yes
- Zoning
- RM-8
- Flood Zone
- X
- Property Description
- SINGLE FAMILY
Financial Information
- Tax Annual Amount
- 10378.52
- Tax Year
- 2025
- Tax Assessed/SOH Value
- 570472
- Tax 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
- Assessor Market Value
- 570472
Status Change Information
- Major Change Timestamp
- 2026-07-22T15:12:00Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-07-22
More Information
Meter Information
- Separate Electric Meters YN
- No
- Separate Gas Meters YN
- No
- Separate Water Meters YN
- No
Originating Details
- Originating System Key
- 20260720203506216694000000
- Originating System ID
- M00000170




