$728,500
$34K PRICE DROP

42 Vip Island Unit A Grant-Valkaria, FL 32949

Estimated payment $4,298/month

Total Views 19,541
4 Beds
2 Baths
1,260 Sq Ft
$578 Price per Sq Ft

Highlights

  • 133 Feet of Waterfront
  • River Access
  • River View
  • Docks
  • Fishing
  • Open Floorplan

About This Home

''GREAT INVESTMENT/SECOND HOME'' Featuring a Beautifully Upgraded Island Cottage on Large Double Lot! Fully Furnished! Recently added a Private Guest Suite on 1st level with Bedroom, Full Bathroom, and a Laundry Room under air, approximately 250 sq ft, making the total living square footage approximately 1510. Recently added a floating dock, a regular dock, and a sea wall. Seller is installing a 12k pound boat lift. Tiki Bar includes electricity and plumbing. Privacy guaranteed by boat-only access to the community. High Ceilings, Hard Floors, Fireplace, Tasteful Landscaping, and sitting only 4 miles to Sebastian Inlet. Potential to build another home on second lot. Both lots are sold together only. Come see this Beautiful Piece of Paradise Today!

Last Listed By

Jessica Maruzzella

Real Broker, LLC License #3549042 Listed on: 08/06/2024

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • 133 Feet of Waterfront
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • East Facing Home
  • Wrought Iron Fence
  • Cleared Lot
  • Few Trees

Property Views

  • River
  • Canal

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • River Access
  • Docks
  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Fire Pit
  • Gazebo
  • Separate Outdoor Workshop
  • Side Porch

Schools

  • Sunrise Elementary School
  • Stone Middle School
  • Bayside High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 29-38-27-50-A-42

Community Details

Overview

  • No Home Owners Association
  • V I P Vacation Island Playground Sec 1 Subdivision

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,179

Year Built

Built in 1998 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit, Lower Level
  • ResoLotFeatures: Cleared, Few Trees
  • Road Frontage Type: None
  • Reso View: Canal, River, Water
  • Water Body Name: Canal Navigational to Indian River
  • ResoSecurityFeatures: Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: V I P Vacation Island Playground Sec 1
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Gazebo, Outdoor Kitchen, Workshop
  • Reso Property Condition: Updated/Remodeled
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • ViewCanal: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Guest Suite, Open Floorplan, Vaulted Ceiling(s)
  • Flooring: Laminate, Vinyl
  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Electric Oven: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Laundry Features:In Unit: Yes
  • Community Features:Fishing: Yes

Exterior Features

  • Exterior Features: Balcony, Dock, Fire Pit, Outdoor Kitchen, Outdoor Shower
  • Roof: Metal
  • Fencing: Wrought Iron
  • Acres: 0.26
  • Pool Private: No
  • Waterfront Features: Canal Front, Navigable Water, River Access, Seawall
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio, Side Porch
  • Exterior Features:Fire Pit: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Outdoor Shower: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Lot Features:Few Trees: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:Canal Front: Yes
  • Lot Features:Cleared: Yes
  • Exterior Features:Dock: Yes
  • Waterfront Features:River Access: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Electricity Connected, Water Connected
  • Heating: None
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Heating:None3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Investment, Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2956698
  • Parcel #: 29-38-27-50-A-42
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5179.4

MLS Schools

  • Elementary School: Sunrise
  • High School: Bayside

Map

Range of Values:

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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
2023 $5,197 $346,670 $108,000 $238,670
2022 $4,641 $319,640 $0 $0
2021 $1,661 $158,920 $0 $0
2020 $2,107 $156,730 $0 $0
2019 $2,089 $153,210 $0 $0
2018 $2,058 $150,360 $0 $0
2017 $2,064 $147,270 $0 $0
2016 $2,660 $140,420 $40,000 $100,420
2015 $1,283 $92,890 $26,500 $66,390
2014 $1,282 $92,160 $26,500 $65,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Price Changed $728,500 -2.9% $578 / Sq Ft
09/19/2024 09/19/24 Price Changed $749,900 -1.7% $595 / Sq Ft
08/06/2024 08/06/24 For Sale $762,999 +32.7% $606 / Sq Ft
08/25/2023 08/25/23 Sold $575,000 +15.0% $456 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/08/2023 05/08/23 Price Changed $500,000 -23.0% $397 / Sq Ft
03/20/2023 03/20/23 For Sale $649,000 +293.3% $515 / Sq Ft
01/19/2016 01/19/16 Sold $165,000 -5.7% $131 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $175,000 -- $139 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $575,000 None Listed On Document
Quit Claim Deed $5,000 None Available
Quit Claim Deed $200,000 None Available
Warranty Deed $165,000 Supreme Title
Warranty Deed $229,000 First International Title In
Warranty Deed $265,000 Security First Title Partner
Warranty Deed $215,000 --
Warranty Deed $28,000 --
Warranty Deed $19,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 New Conventional
Previous Owner $455,000 Balloon
Previous Owner $90,000 New Conventional
Previous Owner $206,100 Purchase Money Mortgage
Previous Owner $185,000 Purchase Money Mortgage
Previous Owner $14,000 No Value Available
Source: Public Records

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Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1021414

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-27-50-0000A.0-0042.00