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$550,000

4300 Highway 1, Grant-valkaria, FL 32949

3 beds |
2 baths |
2,162 sqft

Single-Family Home
Built in 1976
1.72acre lot
—— car garage
$254/sqft
Listed 7 days ago

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.

Listing Status:: Active
Date Added:: January 19, 2026 at 06:00AM
Listing Office:: Keller Williams Realty Brevard : 321-259-1170
Listing Agent:: Rachel N Feiss : 321-514-9881
MLS ID:: 1066916

General: Breakfast BarCeiling Fan(s)PantryWalk-In Closet(s)Primary Bathroom - Shower No Tub
Appliances: DryerGas OvenGas RangeGas Water HeaterMicrowaveRefrigeratorWasher
Laundry: Electric Dryer HookupIn UnitWasher Hookup
Flooring: CarpetVinyl
A/C: Central AirElectric
Heating: CentralElectric

Style: Ranch
Parking: Other

Roofing: Shingle
General: BlockConcreteFrameStucco1

Road/Access: Highway
Originating MLS: Space Coast MLS (Space Coast Association of REALTORS®)
County: Brevard

Zoning: N 200 FT OF GOVT LOT 2 LYING BETWEEN RR R/W & US HWY NO 129-38-21-00-00261.0-0000.00
View: RiverTrees/WoodsWater
Current Use: Single Family

Utilities: Cable ConnectedElectricity ConnectedPropane
Water: Well
Sewer: Septic Tank

Source: Space Coast MLS (Space Coast Association of REALTORS®)

This listing courtesy of Rachel N Feiss, Keller Williams Realty Brevard

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Sunrise Elementary School

1651 Mara Loma Blvd SE, Palm Bay, FL, 32909

Grades PK-6

5.65 miles away

Royal Palm Charter School

7145 Babcock St NE, Palm Bay, FL, 32909

Grades KG-8

5.91 miles away

Palm Bay Magner High School

101 Pirate Ln, Melbourne, FL, 32901

Grades 9-12

9.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.