Current Price:$189,000List Date:4/02/2026Last Modified:6/27/2026
Overview
Description
COMMERCIAL OR RESIDENTIAL OPPORTUNITY with 1.08 acres across from the beautiful INDIAN RIVER LAGOON in Grant-Valkaria and conveniently located between Highway US 1 and Old Dixie Highway. Zoned BU-1 Commercial Retail.
This is a great location in southern Brevard County and is only a few miles from the Indian River County line. Close to boat ramps, parks, golf courses as well as the bustling music and restaurant scenes of both Downtown Melbourne and the Sebastian Riverfront. It's near L3Harris Technologies and other space coast aerospace businesses as well.
Another bonus of this property is that it has a turn lane as well as a culvert. This zoning allows for various types of businesses including storage, retail stores, restaurants, single family homes subject to minimum size requirements & more. BU-1 Zoning is below.
https://grant-valkaria.municipalcodeonline.com/book?type=ordinances#name=20-1482_General_Retail_Commercial,_BU-1
Owner financing considered for the right offe...(Read more)COMMERCIAL OR RESIDENTIAL OPPORTUNITY with 1.08 acres across from the beautiful INDIAN RIVER LAGOON in Grant-Valkaria and conveniently located between Highway US 1 and Old Dixie Highway. Zoned BU-1 Commercial Retail.
This is a great location in southern Brevard County and is only a few miles from the Indian River County line. Close to boat ramps, parks, golf courses as well as the bustling music and restaurant scenes of both Downtown Melbourne and the Sebastian Riverfront. It's near L3Harris Technologies and other space coast aerospace businesses as well.
Another bonus of this property is that it has a turn lane as well as a culvert. This zoning allows for various types of businesses including storage, retail stores, restaurants, single family homes subject to minimum size requirements & more. BU-1 Zoning is below.
https://grant-valkaria.municipalcodeonline.com/book?type=ordinances#name=20-1482_General_Retail_Commercial,_BU-1
Owner financing considered for the right offer.
COMMERCIAL OR RESIDENTIAL OPPORTUNITY with 1.08 acres across from the beautiful INDIAN RIVER LAGOON in Grant-Valkaria and conveniently located between Highway US 1 and Old Dixie Highway. Zoned BU-1 Commercial Retail.
This is a great location in southern Brevard County and is only a few miles from the Indian River County line. Close to boat ramps, parks, golf courses as well as the bustling music and restaurant scenes of both Downtown Melbourne and the Sebastian Riverfront. It's near L3Harris Technologies and other space coast aerospace businesses as well.
Another bonus of this property is that it has a turn lane as well as a culvert. This zoning allows for various types of businesses including storage, retail stores, restaurants, single family homes subject to minimum size requirements & more. BU-1 Zoning is below.
https://grant-valkaria.municipalcodeonline.com/book?type=ordinances#name=20-1482_General_Retail_Commercial,_BU-1
Owner financing considered for the right offer.
Status Change Information
Major Change Timestamp
2026-04-02T15:08:53Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-04-02T15:08:53Z
StatusChangeDate
2026-04-02
More Information
Closing Company Details
Closing Company Name
Professional Title of Indian River
Closing Company Address
1546 US Hwy 1, Sebastian, FL 32958
Location, Tax, and Legal
Tax Account
2962946
Parcel Number
29-38-34-00-00554.0-0000.00
General County Location
South
Elementary School
Sunrise
Middle School
Stone
High School
Bayside
Tax Annual Amount
1239.84
Tax Year
2025
Tax Legal Description
PART OF GOVT LOT 4 E OF FEC RR AS DESC IN ORB 5403 PG 4939
Zoning Description
Commercial
Directions
From Melbourne-Take US Highway 1 South to 6450 Highway 1 in Grant-Valkaria. Property is on the west side across from the Indian River Lagoon.
From Vero Beach/Sebastian-Take US Highway 1 North to 6450 Highway 1 in Grant-Valkaria. Property is on the west side across from the Indian River Lagoon.
Currently Not Used
Pool Private YN
No
Current Use
Commercial
Yes
Unimproved
Yes
Listing Terms
Cash
Yes
Conventional
Yes
Owner May Carry
Yes
USDA Loan
Yes
Other
Yes
Lot Features
Many Trees
Yes
Wooded
Yes
Possession
Close Of Escrow
Yes
Road Frontage Type
Highway
Yes
Road Surface Type
Asphalt
Yes
Paved
Yes
Sewer
Unknown
Yes
Special Listing Conditions
Standard
Yes
Utilities
Other
Yes
View
River
Yes
Trees/Woods
Yes
Water Source
None
Yes
Development Status
Raw Land
Yes
Showing Requirements
Call Listing Agent
Yes
Other
Yes
Listing Office:
Coldwell Banker Paradise
Last Updated: June - 27 - 2026
Information is deemed to be reliable, but is not guaranteed.