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$555,000
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Property Description
Your island retreat awaits! Located on a boat-access island in the Indian River Lagoon, this fully furnished 3-bedroom, 2-bath home makes every day feel like a vacation. Wake to captivating water views, step onto your private dock, and enjoy boating, fishing, kayaking, and endless outdoor adventures. Sebastian Inlet and ocean access are just five miles away by boat, while the mainland landing and your car are only three minutes away. Shopping and medical facilities are also nearby. Inside, natural light fills the open, airy living spaces. Updated stainless-steel appliances and an inviting layout make the home ideal for entertaining or relaxing. A versatile downstairs guest suite offers added privacy and flexibility. With 50 feet of waterfront and a private dock, everything is ready for your island lifestyle. Schedule your private boat tour and experience this truly hidden gem in person!
Full Property Details
Full Property Details for 47 Vip Is #B
General
- Price: $555,000
- Taxes: $3,724 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12085419
- Updated: 9/8/2026
- Added to Site: 77 day(s) ago
Interior
- Interior Features: Second Floor Entry, Bar, Separate Guest/In-Law Quarters
- Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self-Cleaning Oven, Washer
- Furnishings: Furnished, Turn Key Furnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: Separate Guest/In-Law Qua Sq. Ft.
- Dining Room: Dining/Living Room, Snack Bar/Counter
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Security/Safety: Smoke Detector
Exterior
- Exterior Features: Lighting, Open Balcony
- Deck/Patio: Deck, Open Balcony, Screened Porch, Wrap Around
Parking
- Parking Features: Other
Location
- Area: V I P Vacation Island Play
- County: Brevard County
- Subdivision: V I P VACATION ISLAND PLAY
- Building Name: V I P VACATION ISLAND PLAY
- Driving Directions: Parking lot at 4727 FIRST ST, GRANT-VALKARIA, FL 32949. Parking lot is just south on Sunoco Gas station and adjacent to US-1. Walk to dock for boat pick up. If using personal boat, launch at Christenson's Landing Boat Ramp 5355 US-1 N.
- Direction Faces: West
Community
- Community Name: V I P Vacation Island Play
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Other, Window/Wall
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- Architectural Style: Detached, Three Or More Stories
- Structure Type: House
- Detached/Attached: Detached
- Construction: Frame
- Roof: Shingle
- Windows: Partial Panel Shutters/Awnings, Blinds
- Year Built: 1983
Lot Features
- Property View: Canal, River
- Frontage Feet: 50
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 0110 - Single Family
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: WF/Ocean Access, Canal Front, Canal Width 1-80 Feet, River
Financial Considerations
- Tax Amount: $3,724
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: V I P VACATION ISLAND PLAYGROUND SEC 1 LOT 47 BLK B
- Restrictions: Ok To Lease
- Inclusions: Private Dock, Unrestricted Salt Water Access
- Property ID: 29-38-27-50-0000b.0-0047.00
Listed by 1st Look Realty Inc
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Schools
Schools serving 47 Vip Is #B
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Sunrise Elementary School, Palm Bay, FL 1651 Mara Loma Blvd Se, Palm Bay, FL 32909 | PK-6 | 6.7 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 10.7 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 9.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 47 Vip Is #B
Date
Details
Price
Change
Source
7/17/2026
Listed
$555,000
48%
MLS
6/01/2022
Sold
$375,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 47 Vip Is #B
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,724
—
$254,850
13%
2025
$3,724
11%
$225,460
9%
2024
$3,343
-11%
$206,600
-14%
2023
$3,769
24%
$239,220
31%
2021
$3,028
-5%
$182,430
-17%
2022
$3,200
6%
$220,480
21%
2021
$3,028
10%
$181,470
15%
2019
$2,752
8%
$157,760
10%
2018
$2,545
91%
$143,420
43%
2017
$1,329
—
$100,500
2%
2016
$1,333
-2%
$98,440
1%
2015
$1,356
—
$97,760
1%
2014
$1,356
—
$96,990
1%
2013
$1,359
—
$95,560
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 47 Vip Is #B
47 Vip Island Unit B, Grant-Valkaria, FL 32949 (MLS# A12085419) is a Single Family property with 3 bedrooms and 2 full bathrooms. 47 Vip Island Unit B is currently listed for $555,000 and was received on July 17, 2026. Want to learn more about 47 Vip Island Unit B? Do you have questions about finding other Single Family real estate for sale in Grant-Valkaria? You can browse all Grant-Valkaria real estate or contact a Coldwell Banker agent to request more information.

