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$699,999
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Property Description
Island Living at Its Finest Opportunity awaits to reside on your very own private island with no bridges nestled within the serenity of the Indian River in Brevard County. This remarkable property offers an ideal full-time residence or vacation retreat, featuring multiple balconies where you can enjoy both sunrise and sunset with breathtaking 360-degree water views. Recent upgrades include a new private dock, seawall, and walkway (August 2024), along with 50 feet of existing seawall, providing easy access for all your boating and water activities. Working houseboat included! This property presents a rare opportunity for expansion, with the potential to increase the waterfront to up to 100 feet by acquiring the adjacent vacant parcel, also available for sale. Inside, enjoy soaring ceilings, updated granite countertops in the kitchen, wood flooring throughout, and a private ground-floor guest suite with a full bath. Metal roof completed in 2020. Live the island lifestyle on VIP Island.
Full Property Details
Full Property Details for 51 Vip Is #B
General
- Price: $699,999
- Taxes: $4,710 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: G5106451
- Updated: 1/10/2026
- Added to Site: 7 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 7
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Other
Location
- Area: 32949 - Grant
- County: Brevard
- Development Name: 32949 - Grant
- Subdivision: V I P VACATION ISLAND PLAYGROUND SEC 01
- Driving Directions: From Melbourne, take U.S. Highway One South for about eighteen miles. Turn left onto VIP Island Road and park at the marina. VIP Island is boat-access only. Use a private boat or water taxi to reach Fifty-One VIP Island and dock at the property's slip or nearby community dock.
- Direction Faces: West
Community
- Community Name: 32949 - Grant
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water District: INDIAN RIVER
- Water: Well
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Exterior Const.: Concrete, Other, Wood Siding
- Roof: Metal
- Stories/Levels: Three Or More
- Square Feet: 1,500
- Sq. Ft. Source: Public Records
- Year Built: 1991
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size: 6534
- Lot Dimensions: 50 x 127
- Street/Road Desc.: Dirt, Gravel
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: River
- Water Extras: Yes
- Water Front Name: INDIAN RIVER
- Water Front Desc.: River Front
Financial Considerations
- Tax Amount: $4,710.78
- Tax Year: 2025
Disclosures and Reports
- Ownership: Co-op
- Special Conditions: None
- Legal Description: V I P VACATION ISLAND PLAYGROUND SEC 1 LOT 51 BLK B
- Flood Zone Info: AE
- APN: 29 382750B51
- Property ID: 29 382750B51
- Block/Lot/Section: B
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Schools
Schools serving 51 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 | 6.6 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 10.6 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 9.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 51 Vip Is #B
Date
Details
Price
Change
Source
1/09/2026
Listed
$699,999
33.33%
MLS
4/19/2024
Sold
$525,000
—
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 51 Vip Is #B
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,849
-12%
$292,340
4%
2024
$4,359
—
$279,810
-6%
2023
$4,374
22%
$298,760
37%
2021
$3,572
-7%
$217,510
-21%
2022
$3,834
7%
$274,160
27%
2021
$3,572
14%
$216,460
25%
2019
$3,141
8%
$173,430
-1%
2018
$2,915
7%
$175,990
15%
2017
$2,717
3%
$152,800
6%
2016
$2,635
7%
$144,760
22%
2015
$2,460
6%
$118,470
10%
2014
$2,323
9%
$107,700
10%
2013
$2,139
—
$97,910
—
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 51 Vip Is #B
51 Vip Island #B, Grant, FL 32949 (MLS# G5106451) is a Single Family property with 3 bedrooms and 2 full bathrooms. 51 Vip Island #B is currently listed for $699,999 and was received on January 09, 2026. Want to learn more about 51 Vip Island #B? Do you have questions about finding other Single Family real estate for sale in Grant? You can browse all Grant real estate or contact a Coldwell Banker agent to request more information.

