$499,000
PENDING

48 Vip Island Unit A Grant Valkaria, FL 32949

Estimated payment $2,975/month

2 Beds
2 Baths
1,800 Sq Ft
$277 Price per Sq Ft

Highlights

  • Home fronts a canal
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA
  • East Facing Home

About This Home

This 1,800 sq. ft. wood-frame home offers a rare chance to create your own private retreat. With two bedrooms and a comfortable layout, the home sits on an island accessible by boat, making it a uniquely secluded getaway. While the property would benefit from updates and some repair work, it provides a solid foundation for those with a vision. Boating, kayaking, and fishing are all right at your doorstep, and with a little effort, this private setting could be transformed into a truly special oasis.

Listing Agent

Stuart Brown

RE/MAX Elite License #658962 Listed on: 09/19/2025

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 2013

Lot Details

  • 5,663 Sq Ft Lot
  • Home fronts a canal
  • East Facing Home

Home Design

  • Frame Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 29-38-27-50-0000a.0-0048.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,071

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2013
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • Water Body Name: Canal Navigational to Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: V I P Vacation Island Playground Sec 1
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-27-50-0000a.0-0048.00
  • Location Tax and Legal Elementary School: Sunrise
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 4070.88
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1800.0
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Lot Size Square Feet2: 5663.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Cooling Central Air: Yes
  • General Property Information Community Fee(s) YN: No
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • Utilities Electricity Available: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Acres: 0.13
  • Pool Private: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: East
  • Construction Materials:Frame: Yes
  • Lot Features:Other21: Yes
  • Waterfront Features:Canal Front: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Available, Electricity Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: 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: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2956704
  • Parcel #: 29-38-27-50-0000a.0-0048.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4070.88

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
2024 $4,071 $313,210 -- --
2023 $4,071 $295,450 $0 $0
2022 $3,777 $286,850 $0 $0
2021 $3,290 $236,550 $42,000 $194,550
2020 $3,815 $235,460 $42,000 $193,460
2019 $3,248 $189,920 $60,000 $129,920
2018 $3,010 $176,500 $52,000 $124,500
2017 $2,805 $152,980 $40,000 $112,980
2016 $2,759 $144,090 $40,000 $104,090
2015 $2,444 $117,060 $26,500 $90,560
2014 $1,896 $106,420 $26,500 $79,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2025 09/19/25 Pending -- -- --
09/19/2025 09/19/25 For Sale $499,000 -11.3% $277 / Sq Ft
02/01/2023 02/01/23 Sold $562,500 -5.5% $313 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
04/29/2022 04/29/22 For Sale $595,000 +164.4% $331 / Sq Ft
07/27/2020 07/27/20 Sold $225,000 -13.4% $125 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/09/2020 06/09/20 Price Changed $259,900 -3.7% $144 / Sq Ft
02/26/2020 02/26/20 For Sale $269,900 +49.9% $150 / Sq Ft
02/12/2018 02/12/18 Sold $180,000 -28.0% $100 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
12/04/2017 12/04/17 Price Changed $250,000 -18.0% $139 / Sq Ft
10/10/2017 10/10/17 Price Changed $305,000 -4.7% $169 / Sq Ft
09/20/2017 09/20/17 For Sale $320,000 +77.8% $178 / Sq Ft
09/14/2017 09/14/17 Off Market $180,000 -- --
06/21/2017 06/21/17 Price Changed $320,000 -22.0% $178 / Sq Ft
06/05/2017 06/05/17 For Sale $410,000 -- $228 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $562,500 Supreme Title Closings
Warranty Deed $225,000 Supreme Title Closings Llc
Warranty Deed $225,000 Supreme Title Closings
Deed $180,000 --
Warranty Deed $100,000 None Available
Warranty Deed $102,500 Precise Title Inc
Warranty Deed $67,000 --
Warranty Deed $18,000 --
Warranty Deed $65,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $506,250 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner -- No Value Available
Previous Owner $52,000 Purchase Money Mortgage
Source: Public Records

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

MLS Number: 1057534

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-27-50-0000A.0-0048.00