$699,999

51 Vip Island Unit B Grant-Valkaria, FL 32949

Estimated payment $4,075/month

Total Views 154
3 Beds
2 Baths
1,500 Sq Ft
$467 Price per Sq Ft

Highlights

  • Ocean View
  • Docks
  • Boat Slip
  • Property has ocean access
  • Home fronts a seawall
  • Fishing

About This Home

Island Living at Its Finest

This private island retreat on VIP Island offers 50' of direct waterfront with a new seawall, dock, and walkway. Over $100k invested in recent upgrades, including kitchen and bathroom renovations. Boat access only, just 5 minutes from the mainland ramp and 16 minutes to Sebastian Inlet State Park. Ideally located—90 minutes to Orlando, under 3 hours to Miami, and less than an hour to Port Canaveral. Multiple balconies capture both sunrise and sunset, with soaring ceilings, wood floors, and an updated granite kitchen inside. The ground level includes a private guest suite with full bath. Adjacent vacant lot also available, offering the rare chance to expand to 100' of waterfront or hold as an investment. Offered at $699,999

Listing Agent

Wesley Ulloa

Luxe Properties, LLC License #3192493 Listed on: 09/25/2025

Luxe Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,374

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • Home fronts a canal
  • Property fronts an easement
  • Dirt Road
  • West Facing Home
  • Privacy Fence
  • Back Yard Fenced
  • Many Trees

Property Views

  • Ocean
  • Marina
  • Intracoastal
  • River
  • Canal

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • River Access
  • Boat Slip
  • Docks
  • Deck
  • Terrace
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Not Available

Listing and Financial Details

  • Assessor Parcel Number 29-38-27-50-0000b.0-0051.00

Community Details

Overview

  • No Home Owners Association
  • V I P Vacation Island Playground Sec 1 Subdivision
  • The community has rules related to allowing corporate owners

Recreation

  • Fishing

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,374

Year Built

Built in 1991 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit
  • ResoLotFeatures: Easement Access, Many Trees
  • Road Frontage Type: Easement
  • Road Surface Type: Dirt, Gravel
  • Reso View: Canal, Marina, Ocean, River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Fire Alarm, Smoke Detector(s)
  • ResoSpecialListingConditions: Corporate Owned
  • Subdivision Name: V I P Vacation Island Playground Sec 1
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Financial Info Electric: Underground
  • Location Tax and Legal Parcel Number2: 29-38-27-50-0000b.0-0051.00
  • 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: 4373.87
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1500.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Levels Three Or More: Yes
  • ViewOcean: Yes
  • View Intracoastal: Yes
  • ViewCanal: Yes
  • View Marina2: Yes
  • Road Surface Type Dirt: Yes
  • Security Features Fire Alarm: Yes
  • Electric Underground: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Upper
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Room Types Primary Bedroom Level: Upper
  • General Property Information Stories2: 3
  • Fencing Back Yard: Yes
  • Waterfront Features Intracoastal2: Yes
  • Fencing Privacy: Yes
  • Utilities Cable Not Available: Yes
  • Road Frontage Type Easement: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Tile, Wood
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 3
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Freezer: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Laundry Features:In Unit: Yes
  • Community Features:Fishing: Yes

Exterior Features

  • Exterior Features: Boat Slip, Dock
  • Roof: Metal
  • Fencing: Back Yard, Fenced, Privacy
  • Acres: 0.15
  • Pool Private: No
  • Waterfront Features: Canal Front, Navigable Water, Ocean Access, River Access, River Front, Seawall, Intracoastal
  • Waterfront: Yes
  • Construction Type: Concrete, Frame, Wood Siding, Other
  • Direction Faces: West
  • Patio And Porch Features: Deck, Porch, Terrace
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Other15: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:Canal Front: Yes
  • Lot Features:Many Trees: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Boat Slip2: Yes
  • Exterior Features:Dock: Yes
  • Waterfront Features:River Access: Yes
  • Waterfront Features:Navigable Water: Yes
  • Patio And Porch Features:Terrace: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Not Available, Electricity Connected, Water Connected
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • 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: Single Family
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-38-27-50-0000b.0-0051.00
  • Zoning Description: Residential

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4373.87

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
2025 $4,359 $292,340 -- --
2024 $4,374 $279,810 -- --
2023 $4,374 $298,760 $54,000 $244,760
2022 $3,862 $274,160 $0 $0
2021 $3,572 $217,510 $42,000 $175,510
2020 $3,352 $216,460 $42,000 $174,460
2019 $3,141 $195,460 $60,000 $135,460
2018 $2,915 $175,990 $52,000 $123,990
2017 $2,717 $152,800 $40,000 $112,800
2016 $2,635 $144,760 $40,000 $104,760
2015 $2,460 $118,470 $26,500 $91,970
2014 $2,323 $107,700 $26,500 $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2025 09/25/25 For Sale $699,999 +33.3% $467 / Sq Ft
04/19/2024 04/19/24 Sold $525,000 -12.4% $350 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/01/2024 03/01/24 Price Changed $599,000 -6.0% $399 / Sq Ft
02/16/2024 02/16/24 For Sale $637,500 +123.7% $425 / Sq Ft
07/31/2020 07/31/20 Sold $285,000 +2.6% $190 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
04/10/2020 04/10/20 Price Changed $277,900 -0.7% $185 / Sq Ft
02/28/2020 02/28/20 Price Changed $279,900 -15.2% $187 / Sq Ft
11/05/2019 11/05/19 Price Changed $329,900 -2.9% $220 / Sq Ft
10/29/2019 10/29/19 For Sale $339,900 -- $227 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 Launch Title
Warranty Deed $285,000 Lighthouse Title Svcs Llc
Warranty Deed $285,000 Lighthouse Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $256,500 New Conventional
Source: Public Records

About the Listing Agent

Wesley Ulloa

Luxe Properties, LLC

(321) 496-5896

Section Image

With a passion for real estate and an unwavering commitment to client satisfaction, Wesley Ulloa stands out as a seasoned and accomplished real estate advisor, bringing 18 years of unparalleled experience to the industry. Armed with a Master's of Science in International Real Estate from FIU, she has honed her expertise across various sectors of the market. Wesley exemplifies an unparalleled dedication to her clients, consistently delivering outstanding results. Her profound market knowledge,

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

MLS Number: 1058021

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-27-50-0000B.0-0051.00