Vacation Island Playground

42 Vip Island #A

Sold on Aug 25, 2023

Map

$575,000

↓ $175K (26%)

● House - Off Market

42 Vip Island #A

Grant-Valkaria, FL 32949

2 Beds

2 Baths

1,260 Ft²

$497,199

RealtyHop Estimate

-0.56%

Since Sep 1, 2023

National-US

Primary Model

About This Property

Beautifully landscaped VIP Island treasure with privacy guaranteed by boat-only access to the community. Built in 1998, this fully furnished 1260sf home features a 2BR-1Bath loft, high ceilings, wood floors, a fireplace and potential for private guest quarters , tasteful landscaping and setting only four miles from the Sebastian Inlet. Secure your own piece of paradise! Waterfront living with endless possibilities. Do not let this opportunity slip away. New Sea Wall and so much more...

Unit Size

1,260 Ft²

Days on Market

158 days

Land Size

0.13 acres

Price per sqft

$397

Property Type

House

Property Taxes

$387

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Space Coast MLS #960200)

Price History

Date / Event	Date	Event
Aug 12, 2026	Price Decreased	$499,000 ↓ $175K (26%)
Price Decreased
May 15, 2026	Listed by Real Broker, LLC	$674,000
Listed by Real Broker, LLC

	''GREAT VACATION/SECOND HOME'' opportunity! Beautifully upgraded island cottage situated on a large double lot and being sold furnished! This private piece of paradise offers approximately 1,500 total living sq ft, including a first-level guest suite under air with bedroom, full bath, and laundry room. Recent upgrades include a new aerobic septic system, water filtration system for added peace of mind, and an updated second-floor bathroom. Enjoy privacy with boat-only access to this unique community. Property features high ceilings, hard flooring, fireplace, tasteful landscaping, private dock, seawall, and a tiki bar complete with electricity and plumbing--perfect for entertaining. Located just 4 miles from Sebastian Inlet for world-class fishing, boating, and beach access. Second lot offers potential to build an additional home. Both lots sold together only. Don't miss this rare island retreat!
Jan 10, 2025	Price Decreased	$728,500 ↓ $21K (2.9%)
Price Decreased
Sep 19, 2024	Price Decreased	$749,900 ↓ $13K (1.7%)
Price Decreased
Aug 5, 2024	Listed	$762,999
Listed

	''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!
Aug 25, 2023	Sold	Premium
Sold
Mar 20, 2023	Listed by Ellingson Properties	$500,000
Listed by Ellingson Properties
Mar 10, 2023	No longer available	-
No longer available
Feb 20, 2023	Price Increased	$675,000 ↑ $125K (22.7%)
Price Increased
Nov 14, 2022	Listed by Dale Sorensen Real Estate, Inc.	$550,000
Listed by Dale Sorensen Real Estate, Inc.

	Rare double lot Oasis. Can be subdivided into 2 parcels .Key West style home. Sit in your jacuzzi feel the Balmy breezes.Great DEEP SEA fishing right in your. The island is located in Indian River approximately 5 miles north of Sebastian Inlet.50’ New Seawall.Plenty of storage under the house. Minutes away from Beaches ,inlet, restaurants and shopping.
Feb 10, 2022	No longer available	-
No longer available
Dec 18, 2021	Listed by Curri Properties	$624,900
Listed by Curri Properties

	Your island oasis awaits! Rare 100' water front double lot property on the tranquil VIP(Vacation Island Playground). Bring your fishing poles and bathing suits.This 2 bed/1 bath plus loft with soaring ceilings and a matching outdoor bar will take your breath away. A key west style island that creates a peaceful escape from the busy mainland. House has been renovated and there is a brand new 100' seawall and dock. Island is only accessible by boat. So bring your boat and your offers. Life is good but ISLAND LIFE is much better! The manager has listed the unit size as 1260 square feet.
Jan 19, 2016	Sold	Premium
Sold
Nov 18, 2015	Listed by Dale Sorensen Real Estate Inc.	$175,000
Listed by Dale Sorensen Real Estate Inc.

	Fantastic key west style island home located on VIP Island. The island is located in the Indian River approximately 5 miles north of the Sebastian Inlet. This home features 2 bedrooms plus loft! Fantastic soaring ceilings! The property also features a boat dock and lift. Tons of storage space under the property!

Property Highlights

Parking Available

Air Conditioning

Fireplace

With View

Parking Details

Has Garage

Parking Features: Other

Garage Spaces: 1

Interior Details

Full Bathrooms: 2

Interior Features: Open Floorplan, Vaulted Ceiling(s)

Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer

Flooring Type: Laminate

Has Fireplace

Fireplace Features: Wood Burning, Other

Exterior Details

Square Footage: 1260

Square Footage Source: $0

Security Features: Other

Year Built: 1998

Waterfront Features: Canal Front, Navigable Water, Seawall

Building Area Total: 1500

Levels: Two

Other Structures: Gazebo, Workshop

Construction Materials: Frame, Wood Siding

Pool Features: None

Lot Size Area: 0.13

Lot Size Units: Acres

Lot Size Acres: 0.13

Lot Size Square Feet: 11326

Water Source: Well

Financial Details

Tax Annual Amount: $4,641

Utilities Details

Cooling Type: Central Air

Heating Type: Central

Sewer : Septic Tank

Request mortgage information redaction

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20230501 05/01/2023		Loft	-	-	$225,000 Loft -	- -	Jack C Jeffcoat Ellingson Properties
20221114 Unit A 11/14/2022	A	2 Bed	1 Bath	-	$550,000 2 Bed 1 Bath	- -	Andonia Kleopoulos Dale Sorensen Real Estate Inc.
20220624 06/24/2022		2 Bed	1 Bath	1260 ft²	$499,900 2 Bed 1 Bath 1260 ft²	- -	Andy Waterman Waterman Real Estate, Inc.
20211218 Unit A 12/18/2021	A	2 Bed	1 Bath	1260 ft²	$624,900 2 Bed 1 Bath 1260 ft²	- -	Karen DAlberto Curri Properties
20151118 Unit A 11/18/2015	A	2 Bed	1 Bath	1260 ft²	$175,000 2 Bed 1 Bath 1260 ft²	$165,000 -5.71% 01/19/2016	Lauren Labossiere PA The Boss Team Real Estate Services

Building Info

42 Vip Island 42 Vip Island, Grant, FL 32949

1 Unit for Sale

More about this Building

Want to find out who owns 42 Vip Island, Grant, FL 32949? Get detailed property transactions here.

About Vacation Island Playground

Stats & Trends

Median Asking:

$699,999

Sale Price/ft²

$515

Below Asking

0.05%

Average Days on Market

187

Average Home Size

1533 ft²

Average Home Age

28.2 years

Currently For Sale

9 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 19 Vip Island, Grant-Valkaria, FL, 32949

$4,000 /mo

2 Beds
2 Baths
1,103 ft²

19 Vip Island #A, Grant-Valkaria, FL, 32949 Listing by Lauren Merrell PA

Unit for rent at 117 Fontaine Street, Melbourne Beach, FL, 32951

$2,500 /mo

2 Beds
2 Baths
1,094 ft²

117 Fontaine Street, Melbourne Beach, FL, 32951 Listing by Maria A Malinowska

Unit for rent at 6774 Angeles Road, Melbourne Beach, FL, 32951

$5,000 /mo

3 Beds
2 Baths
1,865 ft²

6774 Angeles Road, Melbourne Beach, FL, 32951 Listing by Paige Lane

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jack C Jeffcoat III, Ellingson Properties
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 960200

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