Waterfront
Address
42 Vip Island A, Grant-Valkaria, FL
Price
$ 499,000
Property Attributes
- MLS#1077502
- TypeSingle Family
- Listing Status Active
- CountyBrevard
- CityGrant-Valkaria
- AreaMalabar-Grant-Valkaria
- NeighborhoodV I P Vacation Island Playground Sec 1
- Zip32949
- Style
- Year Built1998
- Taxes$ 5350
- Price$ 499,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1260
- Lot Size0.26 Acres
Data Source:
Space Coast AOR
Property Description
''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!
| Elementary School | Middle School | High School |
|---|---|---|
| Sunrise Elementary School | Stone Middle School | Bayside High School |
| Price History | |
|---|---|
| 5/15/2026 | Listed $674,000 |
| 8/12/2026 | 26$499,000 |
General Features
| Living Area | 1260 |
|---|---|
| Sewer | Aerobic Septic |
| Heating | None |
| Cooling | Split System |
| Utilities | Electricity Connected,Water Connected |
| Possession | Close Of Escrow |
| Roof | Metal |
| Appliances | Dryer,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer |
| Patio/Porch Features | Covered,Deck,Front Porch,Patio,Side Porch |
| Architectural Style | A-Frame |
| Construction Materials | Fiber Cement |
| Pets Allowed | Yes |
| Year Built | 1998 |
| View | Canal,River,Water,Intracoastal |
| Stories Count | 2 |
| Levels | Multi/Split,Two |
| Unit Number | A |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Current Use | Residential,Single Family |
| Waterfront Features | Canal Front,Lagoon,Navigable Water,Ocean Access,River Access,River Front,Seawall,Intracoastal |
| Additional Parcels Description | 2956698 |
| County | Brevard |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | V I P Vacation Island Playground Sec 1 |
| Facing Direction | East |
| Garage Y/N | false |
| Other Structures | Gazebo,Outdoor Kitchen,Workshop |
| Full Baths | 2 |
| Status | Active |
| Directions | From North: Exit I-95 at Exit 173 onto Malabar Road. Head east on Malabar Road for approximately 3.5 miles until you reach US-1. Turn right (south) onto US-1 and continue for about 5 miles. Turn left (east) onto 1st Street. Park at lot and walk to the dock for your pre-arranged pick up. |
| High School | Bayside |
| City | Grant-Valkaria |
| Body of Water | Canal Navigational to Indian River |
| Senior Community Y/N | false |
| Zoning Description | Residential |
| MLS Area | 342 - Malabar/Grant-Valkaria |
| Lot Size Units | Acres |
| Lot Size Square Feet | 11326 |
| Carport Y/N | false |
| Elementary School | Sunrise |
| Land Lease Y/N | false |
| Tax Annual Amount | 5350.39 |
| Middle/Junior High School | Stone |
| Property Condition | Updated/Remodeled |
| MLS Area Minor | 342 - Malabar/Grant-Valkaria |
| Virtual Tour | https://www.virtualtourcafe.com/mls/10006213 |
| Standard Status | Active |
| Legal Description | V I P VACATION ISLAND PLAYGROUND SEC 1 LOTS 41 & 42 BLK A |
Interior Features
| Interior Amenities | Ceiling Fan(s),Eat-in Kitchen,Guest Suite,Kitchen Island,Primary Bathroom - Shower No Tub,Vaulted Ceiling(s) |
|---|---|
| Flooring | Laminate,Vinyl |
| Furnished Y/N | Furnished |
| Total Fireplaces | 1 |
| Fireplace Features | Wood Burning |
| Air Conditioning Y/N | true |
| Heating Y/N | false |
| Fireplace Y/N | true |
| Laundry Features | In Unit,Lower Level |
| Total Bedrooms | 4 |
| Entry Level | 2 |
| LivingAreaSource | Assessor |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Balcony,Dock,Fire Pit,Outdoor Kitchen,Outdoor Shower,Storm Shutters |
|---|---|
| Fencing | Chain Link,Fenced,Wood |
| Parking Features | Other |
| Lot Features | Cleared,Few Trees,Split Possible |
| Water Source | Well |
| Lot Size Area | 0.26 |
| Building Area Total | 1500 |
| Lot Size Acres | 0.26 |
| Waterfront Y/N | true |
| Road Frontage Type | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32949
Price
Taxes
Year Built
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