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.
Essential Information
Year Built: 1976
Price: $550,000
Property Type: Residential
Area: 2,162 sqft.
Country: USA
City: Grant-Valkaria
Bedrooms: 3
Bathrooms: 2.00
Additional Property Info
Community Fees: No
Construction: Block, Concrete, Frame and Stucco
Cooling: Central Air and Electric
Dwelling View: River, Trees/Woods and Water
Equipment/Appliances: Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator and Washer
Floor: Carpet and Vinyl
Furnished: Negotiable
Heat: Central and Electric
Interior Features: Breakfast Bar, Ceiling Fan(s), Pantry, Primary Bathroom - Shower No Tub and Walk-In Closet(s)
List Price/SqFt: $254.39 / sqft
Listing ID: 1066916
Listing Status: Active
Lot Description: Cleared and Wooded
Lot SqFt: 74,923 sqft
Parking: Other
Pet Restrictions: Yes
Pets: Yes
Pool: No
Possession: Close Of Escrow
Private Pool: No
Property Type: Residential
Rental Restrictions: No Minimum
Residential Sub-Type: Single Family Residence
Road Surface: Asphalt
Roof: Shingle
Showing: Appointment Only,Call Listing Agent
Sold Terms Code: Cash,Conventional
SqFt - Living: 2,162 sqft
State/Province: FL
Status: Active
Status Change Date: Monday, January 19th, 2026
Street Name: Highway 1
Street Number: 4300
Style: Ranch
Subdivision: None
Tax Year: 2023
Taxes: $7,693.42
Utilities: Cable Connected, Electricity Connected and Propane