Pending

$550,000

4300 Highway 1, Grant Valkaria, FL 32949

3beds

2,162sqft

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Single Family Residence

Built in 1976

1.72 Acres Lot

$-- Zestimate^®

$254/sqft

$-- HOA

What's special

Private riverfront estatePrime waterway locationRare waterfront property

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.

183 days

124

2

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: $254/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

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
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

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 32949

Getting around

7 / 100

Car-Dependent

26 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Port Malabar Elementary School
Grades: PK-6Distance: 6.3 mi
2/10
Palm Bay Magnet Senior High School
Grades: PK,8-12Distance: 8.6 mi
3/10
Stone Magnet Middle School
Grades: 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.