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$749,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,500 Sq. Ft.
  • Updated 7 days ago
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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!

Full Property Details for 51 Vip Is

General

  • Price: $749,000
  • Taxes: $5,472 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A12097575
  • Updated: 10/9/2026
  • Added to Site: 22 day(s) ago

Interior

  • Interior Features: First Floor Entry, Second Floor Entry, Vaulted Ceiling(s), Separate Guest/In-Law Quarters
  • Appliances: Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring: Tile, Wood

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.

Additional Information

  • Security/Safety: Smoke Detector

Exterior

  • Exterior Features: Open Balcony, Room for Pool
  • Deck/Patio: Deck, Open Balcony, Open Porch, Patio

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: Arrive to Christenson's Landing Boat Ramp, park and ride across the Indian River Lagoon to VIP Island. USE GPS.
  • Direction Faces: West

Community

  • Community Name: V I P Vacation Island Play

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Septic Tank
  • Water: Other

Structural Information

  • Architectural Style: Attached, Three Or More Stories
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Frame, Wood Siding
  • Roof: Metal Roof
  • Building Size: 2561
  • Square Feet: 1,500
  • Living Area: 1,500 Sq. Ft.
  • Year Built: 1991

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: Canal, Intracoastal View, Lagoon, River, Water
  • Lot Size (Sq. Ft.): 15,174
  • Frontage Feet: 100
  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: Single Family

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: WF/Ocean Access, Canal Front, Canal Width 1-80 Feet, Ocean Access

Financial Considerations

  • Price Per Sq. Ft.: $499.33
  • Tax Amount: $5,472
  • Tax Year: 2025
  • Terms: All Cash, Conventional, VA Loan

Disclosures and Reports

  • Legal Description: V I P VACATION ISLAND PLAYGROUND SEC 1 LOT 51 BLK B
  • Restrictions: See Broker Remarks
  • Inclusions: Private Dock, Unrestricted Salt Water Access
  • Property ID: 29-38-27-50-B-50

Listed by The Source Real Estate

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— 51 Vip Is —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 51 Vip Is

School District:Brevard County School District
NameGradesDistance
Sunrise Elementary School, Palm Bay, FL
1651 Mara Loma Blvd Se, Palm Bay, FL 32909
PK-66.6 mi
Stone Magnet Middle School
1101 East University Boulevard, Melbourne, FL 32901
7-810.6 mi
Bayside High School
1901 Degroodt Road Southwest, Palm Bay, FL 32908
9-129.7 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 51 Vip Is Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/25/2026
Listed
$749,000
562.83%
MLS
1/13/2022
Sold
$113,000
—
Public Record
Get Price Alerts and Save Property
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 for 51 Vip Is

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,106
9%
$105,190
30%
2025
$1,015
5%
$80,930
20%
2024
$967
-3%
$67,410
-1%
2023
$992
59%
$68,330
31%
2022
$625
6%
$52,000
24%
2021
$587
-31%
$42,000
-27%
2019
$856
10%
$57,200
10%
2018
$780
41%
$52,000
30%
2017
$553
1%
$40,000
—
2016
$550
22%
$40,000
51%
2015
$449
-2%
$26,500
—
2014
$456
-3%
$26,500
—
2013
$469
—
$26,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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51 Vip Island, Grant-Valkaria, FL 32949 (MLS# A12097575) is a Single Family property with 3 bedrooms and 2 full bathrooms. 51 Vip Island is currently listed for $749,000 and was received on September 25, 2026. Want to learn more about 51 Vip Island? 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.

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