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51 VIP IS #B, Grant Valkaria FL 32949

House For Sale
$624,900

BTC: 7.57638215

ETH: 235.81132075

4 days
Waterfront
3 bds
2 ba
1,500 sqft

Overview

Private Island Living on the Indian River @ VIP Island awaits to own your very own private island nestled in the serene waters of the Indian River in beautiful Brevard County. Use as a full-time residence, private retreat, or vacation sanctuary. Surrounded by breathtaking 360-degree water views, this remarkable home features multiple balconies where you can take in spectacular sunrises and sunsets from your own private oasis. For boating enthusiasts, the property includes a private dock, and approximately 50 feet of seawall. Soaring ceilings create an impressive sense of space, complemented by updated granite countertops in the kitchen and beautiful wood flooring throughout. The ground level provides a private guest suite complete with its own full bathroom, offering comfortable accommodations and added privacy for family and guests. The adjacent vacant lot is also available for purchase, with an additional 50 feet of dock and seawall and the opportunity to build another home.

Location

Details

Type:
Residential
Parking:
Other
Year Built:
1991
Lot:
No Data
Heating:
Central
Price/sqft:
$417
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$319,000
$225K – $525K
Confidence Low
List vs. estimate
$305K above estimate
List $624,900 · +95.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$416
+0.0% vs. city median $416
Based on
15 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,522
2025
View
Canal, Intracoastal View
Waterfront
WF/Ocean Access, Canal Front
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Second Floor Entry

    • Vaulted Ceiling(s)

    • Separate Guest/In-Law Quarters

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Other

    Property

    • Exterior Features: Open Balcony / Room For Pool

    Other Property Information

    • Parcel Number: 29-38-27-50-B-51

    • Zoning: Single Family

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $4,522

  • Source details

    • MLS ID: A12094164

    Other facts

    • Construction Materials: Frame / Wood Siding

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Deck / Open Balcony / Open Porch / Patio

    • Direction Faces: West

    • Other Structures: Shed(s)

    • Architectural Style: Attached / Three Or More Stories

    • Waterfront: Yes

    • Living Area: 1500

    • Water Source: Other

    • Subdivision Name: V I P VACATION ISLAND PLAY

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Source Real Estate