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.