Vacation Island Playground

47 Vip Island #B

Map

$399,000

● House - Off Market

47 Vip Island #B

Out Of Area, FL 32949

3 Beds

1 Bath, 1 Half Bath

$2,047

Est. Monthly

7.07%

Cap Rate

About This Property

DIRECT WATERFRONT ON THE ISLAND. EXTRA LOT INCLUDED ON NORTH SIDE OF HOME. PULL YOUR BOAT UP TO PARADISE & RELAX IN YOUR 3 STORY HOME THAT WILL ACCOMMODATE THE FAMILY. EASY CARE TILE FLOORING. DECKING ALL AROUND OFFERS WIDE OPEN WATER VIEWS. NEWER WELL, DRAINFIELD AND ROOF. 10 X 24 UPPER DECK ON 3RD FLOOR.

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

$87

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 15 days ago (Indian River #129728)

Price History

Date / Event	Date	Event
Jul 27, 2026	Listed by 1st Look Realty Inc.	$555,000
Listed by 1st Look Realty Inc.

	Your island retreat awaits! Located on a boat-access island in the Indian River Lagoon, this fully furnished 3-bedroom, 2-bath home makes every day feel like a vacation. Wake to captivating water views, step onto your private dock, and enjoy boating, fishing, kayaking, and endless outdoor adventures. Sebastian Inlet and ocean access are just five miles away by boat, while the mainland landing and your car are only three minutes away. Shopping and medical facilities are also nearby. Inside, natural light fills the open, airy living spaces. Updated stainless-steel appliances and an inviting layout make the home ideal for entertaining or relaxing. A versatile downstairs guest suite offers added privacy and flexibility. With 50 feet of waterfront and a private dock, everything is ready for your island lifestyle. Schedule your private boat tour and experience this truly hidden gem in person!
Jul 14, 2025	Price Decreased	$599,000 ↓ $11K (1.8%)
Price Decreased
Jun 19, 2025	Price Decreased	$610,000 ↓ $20K (3.2%)
Price Decreased
Mar 6, 2025	Relisted	$630,000
Relisted
Feb 23, 2025	No longer available	-
No longer available
Feb 21, 2025	Listed	$630,000
Listed

	This is life off the grid—with real water access, full furnishings, and enough bedrooms to host, rent, or just spread out. Located on VIP Island, this elevated 4-bedroom, 2-bath home is boat-access only—just a five-minute ride from the mainland dock. It sits on nearly 7,000 sq ft of land with direct Indian River frontage and a private dock. Inside, the floorplan spans three levels, including a flexible loft space. The kitchen features stainless counters and a commercial-style sink—easy to clean and ready for action. Stacked laundry is in-unit. The living area opens to a full wraparound deck with views west toward the water and east toward the breeze. This property is currently a short-term rental with income history available, but can convert easily to a primary or second home setup. The lot is fully usable and bordered by mature trees, with outdoor shower, firepit, and a screened porch for bug-free evenings. Trash gets boated out. Groceries too. But what you get in return is space, salt air, and sunrises with nothing but water in front of you. Own the kind of place you don't find twice.
Oct 12, 2022	No longer available	-
No longer available
Jun 3, 2022	Sold	Premium
Sold
Dec 21, 2021	Relisted	$520,000
Relisted
Dec 20, 2021	No longer available	-
No longer available
Dec 19, 2021	No longer available	-
No longer available
Oct 15, 2021	Listed by Byowner.com	$520,000
Listed by Byowner.com

	When you buy this home, you are truly buying a lifestyle.Vacation Island Paradise (VIP Island) sits in the middle of the Indian River Lagoon, just NW of Sebastian Inlet. This is a private island with around 50 homes- some occupied full time, others seasonally.Imagine jumping in your boat and jetting across the lagoon to your private dock.You walk up to a 3 story stilt house surrounded by palm trees and fruit trees (banana, papaya, avacado, mango). The lower level consists of an open air patio, one bedroom with a half bath, and an equally sized room that has laundry and storage space. Upstairs is an office and two bedrooms, one bathroom and a combined kitchen & dining area. Stainless steel appliances & countertops. Terra cotta tile throughout, and one bedroom has carpet (new). A spiral staircase leads to the loft that has its own outdoor covered patio, where you can view both sides of the river. Sit at your dock and fish or watch dolphins & manatee play. The manager has listed the unit size as 1100 square feet.
Nov 22, 2017	Sold	Premium
Sold
Jun 5, 2017	Listed by RE/MAX Crown Realty	$209,900
Listed by RE/MAX Crown Realty

	No storm damage!!!Move in Ready Waterfront home with dockage & Indian River View for $209K!!! 3 Bedroom home on VIP Island is a perfect getaway. Privacy, security & serenity are benefits of this unique community. 1150sqft under air plus plenty of dock & deck space. Brand new dock. Private parking & adjacent lots available in separate transactions. Lowest price per living square foot on VIP Island.
Jul 18, 2012	Listed by RE/MAX Crown Realty	$399,000
Listed by RE/MAX Crown Realty
Sep 28, 1998	Sold	Premium
Sold

Property Highlights

Air Conditioning

Parking Details

Parking Features: Boat, RV Access/Parking

Interior Details

Half Bathrooms: 1

Full Bathrooms: 1

Interior Features: SplitBedrooms

Appliances: Cooktop, Microwave, Water Purifier, Washer

Flooring Type: Carpet, Tile

Laundry Features: In Unit

Rooms: 8

Exterior Details

Architectural Style: ThreeStory

Year Built: 1983

Waterfront Features: Canal Access, Navigable Water, IntracoastalAccess

Levels: Three Or More

Window Features: Window Treatments, SingleHung

Construction Materials: Frame

Patio and Porch Features: Deck, Patio

Pool Features: None

Lot Features: Few Trees, AdditionalLandAvailable, HalfToOneAcreLot

Lot Size Units: Acres

Lot Size Dimensions: 100X140

Tax Lot: 47

Water Source: Well

Financial Details

Tax Annual Amount: $1,048

Utilities Details

Cooling Type: Central Air, Electric

Heating Type: Central, Electric

Sewer : Septic Tank

Request mortgage information redaction

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20211029 10/29/2021		3 Bed	1 Bath	1150 ft²	$499,000 3 Bed 1 Bath 1150 ft²	$375,000 -24.85% 06/01/2022	Gail Fischer National Realty of Brevard
20211015 Unit B 10/15/2021	B	3 Bed	2 Bath	1100 ft²	$520,000 3 Bed 2 Bath 1100 ft²	$375,000 -27.88% 06/03/2022	Gregory M Sullivan Byowner.com
20210405 04/05/2021		2 Bed	2 Bath	1150 ft²	$385,000 2 Bed 2 Bath 1150 ft²	- -	Jordan K Reed Keller Williams Space Coast
20170731 07/31/2017		3 Bed	1.5 Bath	-	$209,900 3 Bed 1.5 Bath	$209,800 -0.05% 11/28/2017	Khristine M Brugger
20170605 Unit B 06/05/2017	B	3 Bed	1 Bath	1150 ft²	$209,900 3 Bed 1 Bath 1150 ft²	$209,800 -0.05% 11/22/2017	Gustav Brugger RE/MAX Crown Realty
20120718 Unit B 07/18/2012	B	3 Bed	1 Bath	-	$399,000 3 Bed 1 Bath	- -	Becky M Boncek RE/MAX Crown Realty

Building Info

47 Vip Island 47 Vip Island, Grant, FL 32949

1 Unit for Sale

More about this Building

Want to find out who owns 47 Vip Island, Grant, FL 32949? Get detailed property transactions here.

About Vacation Island Playground

Stats & Trends

Median Asking:

$674,450

Sale Price/ft²

$491

Below Asking

0.06%

Average Days on Market

190

Average Home Size

1550 ft²

Average Home Age

27.1 years

Currently For Sale

11 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 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Becky Boncek, RE/MAX Crown Realty
Last Updated: 15 days ago
Data Source: RAIRC, MLS# 129728

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