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.
Sold for $515,000
$515,000
4300 Highway 1, Grant Valkaria, FL 32949
3beds
2,162sqft
Single Family Residence
Built in 1976
1.72 Acres Lot
$514,800 Zestimate®
$238/sqft
$2,755 Estimated rent
Home value
$514,800
$479,000 - $551,000
$2,755/mo
Zestimate® history
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List your homeWhat's special
Private riverfront estatePrime waterway locationRare waterfront property
Zillow last checked:
Listing updated:
Listed by:
Rachel N Feiss 321-514-9881,
Keller Williams Realty Brevard
Bought with:
Marcie W Bolt, 3418458
Engel&Voelkers Melb Beachside
Source: Space Coast AOR,MLS#: 1066916
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Features
- Breakfast Bar, Ceiling Fan(s), Pantry, Primary Bathroom - Shower No Tub, Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 2,162 sqft
Property
Parking
- Parking features: Other
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Has view: Yes
- View description: River, Trees/Woods, Water
- Has water view: Yes
- Water view: River,Water
- Waterfront features: Lagoon, Navigable Water, River Front, Intracoastal
- Body of water: Indian River
Lot
- Size: 1.72 Acres
- Features: Cleared, Wooded
Details
- Additional parcels included: 2955544
- Parcel number: 2938210000261.00000.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Frame, Stucco
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Connected, Electricity Connected, Propane
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Grant Valkaria
Financial & listing details
- Price per square foot: $238/sqft
- Tax assessed value: $503,610
- Annual tax amount: $7,693
- Date on market: 1/19/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Sold | $515,000-6.4%$238/sqft |
Source: Space Coast AOR #1066916 Report a problem | ||
| 3/27/2026 | Pending sale | $550,000$254/sqft |
Source: Space Coast AOR #1066916 Report a problem | ||
| 1/19/2026 | Listed for sale | $550,000+816.7%$254/sqft |
Source: Space Coast AOR #1066916 Report a problem | ||
| 6/18/1996 | Sold | $60,000-36.2%$28/sqft |
Source: Public Record Report a problem | ||
| 3/23/1994 | Sold | $94,100$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,693 +153% | $503,610 +147.9% |
| 2024 | $3,041 +3.6% | $203,170 +3% |
| 2023 | $2,936 +7.8% | $197,260 +3% |
| 2022 | $2,724 -0.8% | $191,520 +3% |
| 2021 | $2,746 +2.5% | $185,950 +1.4% |
| 2020 | $2,679 +0.7% | $183,390 +2.3% |
| 2019 | $2,661 | $179,270 +1.9% |
| 2018 | $2,661 +1.2% | $175,930 +2.1% |
| 2017 | $2,629 -0.2% | $172,320 -6.4% |
| 2016 | $2,634 -1.1% | $184,100 +9.8% |
| 2015 | $2,663 -2.5% | $167,610 +0.8% |
| 2014 | $2,730 | $166,280 -22.6% |
| 2013 | -- | $214,900 +3.5% |
| 2012 | $2,232 +3.9% | $207,570 -0.7% |
| 2011 | $2,148 +7% | $209,000 -20.3% |
| 2010 | $2,008 +8.9% | $262,170 -29.3% |
| 2009 | $1,844 +2.9% | $370,730 -20% |
| 2008 | $1,792 -5.2% | $463,700 -17.2% |
| 2007 | $1,891 -7.5% | $560,000 +13.9% |
| 2005 | $2,045 +0% | $491,840 +54.5% |
| 2004 | $2,044 -2.2% | $318,440 +73.9% |
| 2003 | $2,091 +3% | $183,120 +7% |
| 2002 | $2,030 +2.4% | $171,070 +6.1% |
| 2001 | $1,981 +7.5% | $161,290 +3.1% |
| 2000 | $1,843 | $156,370 |
Find assessor info on the county website
Neighborhood: 32949
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Nearby schools
GreatSchools rating
- 7/10Port Malabar Elementary SchoolGrades: PK-6Distance: 6.3 mi
- 2/10Palm Bay Magnet Senior High SchoolGrades: PK,8-12Distance: 8.6 mi
- 3/10Stone Magnet Middle SchoolGrades: 7-8Distance: 8.8 mi
Schools provided by the listing agent
- Elementary: Port Malabar
- Middle: Stone
- High: Palm Bay
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$514,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$514,800
- Florida
- Brevard County
- Grant-Valkaria
- 32949
- 4300 Highway 1
