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51 VIP ISLAND, Grant Valkaria FL 32949

House For Sale
$749,000

BTC: 9.02409639

ETH: 307.97697368

10 days
Waterfront
3 bds
2 ba
1,500 sqft

Overview

THE ULTIMATE VIP ISLAND OPPORTUNITY | GRANT-VALKARIA, FL Entire Double Lot • Set along the Indian River, this rare offering combines the island residence and adjoining waterfront parcel into one incredible 15,174 SQ FT property with approximately 100 feet of waterfront. The 3-bedroom, 2-bath residence features soaring ceilings, wood floors, multiple balconies and water views from every direction, while the additional lot provides the space and opportunity to expand, build, or simply preserve your privacy. Along the shoreline, enjoy 100 feet of private dock and seawall, replaced in August 2024, creating an exceptional setup for boating and life on the Indian River. Two parcels. One private island opportunity. Endless possibilities. NO HOA!

Location

Details

Type:
Residential
Parking:
Other
Year Built:
1991
Lot:
15174 Square Feet
Heating:
Central
Price/sqft:
$499
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$325,000
$230K – $539K
Confidence Low
List vs. estimate
$424K above estimate
List $749,000 · +130.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$499
+92.5% vs. city median $259
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,472
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

    Lot

    • Lot: 15174 Square Feet

    Other Property Information

    • Parcel Number: 29-38-27-50-B-50

    • Zoning: Single Family

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $5,472

  • Source details

    • MLS ID: A12097575

    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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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