$6,250,000

229 Binnacle Point Vero Beach, FL 32963

Estimated payment $33,976/month

3 Beds
3.5 Baths
4,418 Sq Ft
$1,415 Price per Sq Ft

Highlights

  • Beach Access
  • Intracoastal View
  • Outdoor Pool
  • Beachland Elementary School Rated A-
  • Gated with Attendant
  • River Front

About This Home

A truly unique offering, 229 Binnacle presents an exceptional opportunity to acquire a developable riverfront property with nearly 240 feet of river frontage—a combination rarely available in the Moorings and the greater Vero Beach market. The expansive double lot and extraordinary frontage offer flexibility for a custom waterfront residence or residences, with potential for multiple structures, subject to applicable zoning and approvals. The well-maintained 4,418 SF existing home may be enjoyed as-is or removed to fully capitalize on the site’s unique characteristics. Dimensions approximate.

Listing Agent

Collier Proctor

The Moorings Realty Sales Co. Brokerage Phone: 772-231-5131 License #3348359 Listed on: 02/25/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,333

Year Built

  • Built in 1983

Lot Details

  • River Front
  • South Facing Home
  • Additional Land

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Intracoastal
  • River

Home Design

  • Shake Roof
  • Wood Roof

Interior Spaces

  • 4,418 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • Window Treatments
  • French Doors
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Seawall
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 33402100008000000128.0

Community Details

Overview

  • Association fees include common areas, recreation facilities, security
  • Elliott Merrill Association
  • Anchor The Moorings Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,333

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 0.86
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: ANCHOR THE MOORINGS
  • Directions: A1A to Mooringline Drive, west to Springline then turn North to Anchor gate. Through gate and then right out of round-about to first right onto Binnacle.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1983
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-5131
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Crown Molding, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, French Door(s)/Atrium Door(s)
  • Living Area: 4418.0
  • Stories: 2
  • Window Features: Single Hung, Window Treatments

Exterior Features

  • Lot Features: Additional Land Available, 1/2 to 1 Acre Lot, Split Possible
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front, Seawall, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Shake, Wood

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage

Utilities

  • Laundry Features: Lower Level, In Unit
  • Security: Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Basketball Court, Other, Playground, Pickleball, Tennis Court(s)
  • Amenities: Dues Paid Quarterly
  • Association Fee: 400.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Other, Recreation Facilities, Security

Lot Info

  • Parcel #: 33402100008000000128.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 21333.0
  • Tax Lot: 128
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,514 $1,544,646 -- --
2024 $19,901 $1,544,646 -- --
2023 $19,901 $1,457,391 $0 $0
2022 $19,452 $1,414,942 $0 $0
2021 $19,543 $1,373,730 $0 $0
2020 $19,553 $1,354,763 $0 $0
2019 $19,683 $1,324,304 $0 $0
2018 $19,573 $1,299,611 $0 $0
2017 $19,486 $1,272,881 $0 $0
2016 $19,296 $1,246,700 $0 $0
2015 $19,994 $1,238,040 $0 $0
2014 $19,560 $1,228,220 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2026 02/25/26 For Sale $6,250,000 -- $1,415 / Sq Ft
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Source: REALTORS® Association of Indian River County

MLS Number: 295351

APN: 33-40-21-00008-0000-00128.0

Florida Indian River County Vero Beach 32963

229 Binnacle Point, Vero Beach, FL

For Sale

Detached

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Listing Agent
Collier Proctor
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The Moorings Realty Sales Co.
(772) 571-4455
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