$750,000
Grant-Valkaria, FL 32949
MLS# 1078687
4 beds | 2 baths | 1921 sqft
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Property Description
Experience the charm of true Florida island living in this brand new, custom waterfront retreat on exclusive VIP Island, a boat-access-only community nestled in the Indian River Lagoon. Thoughtfully designed with soaring wood ceilings, expansive glass garage doors, and warm coastal finishes throughout, this home offers a relaxed yet refined island feel. The open-concept layout is filled with natural light and captures beautiful water views from multiple spaces. Enjoy spacious loft-style bedrooms, spa-like baths, and seamless indoor-outdoor living perfect for entertaining or unwinding after a day on the water. Spend your days boating, fishing, kayaking, dolphin watching, or exploring nearby waterfront restaurants and the beaches near Sebastian Inlet. Whether you're searching for a private getaway or full-time residence, this property offers a rare lifestyle that feels worlds away from the mainland.
Details
Maps
Contract Information
Comp Sale YN: No
Current Price: $750,000
Original List Price: 750000
List Price: $750,000
Status: Active
Listing Contract Date: 2026-05-31
Property Sub Type: Single Family Residence
Currently Not Used
Homestead YN: No
Location, Tax, and Legal
Unit Number: B
Tax Account: 2956734
Parcel Number: 29-38-27-50-0000b.0-0025.00
General County Location: South
Elementary School: Sunrise
Middle School: Stone
High School: Bayside
Tax Annual Amount: 5388.19
Tax Year: 2025
Tax Legal Description: V I P VACATION ISLAND PLAYGROUND SEC 1 LOT 25 BLK B
Zoning Description: Residential
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.
General Property Information
Bathrooms Half: 0
Living Area: 1377
Living Area Source: Public Records
Building Area Total: 1921
Lot Size Acres: 0.13
Lot Size Dimensions: 50 x 114
Lot Size Square Feet: 5663
Accessibility Features YN: No
Association YN: No
New Construction YN: Yes
Estimated Completion Date: 2025-11-14
Garage YN: No
Carport YN: No
Waterfront YN: Yes
Water Body Name: Indian River
Water Frontage Feet: 50
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: Yes
Furnished: Partially
Stories: 2
Entry Level: 1
Direction Faces: East
Pool Private YN: No
List Price/SqFt: 544.66
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 2025
Remarks and Miscellaneous
Public Remarks: Experience the charm of true Florida island living in this brand new, custom waterfront retreat on exclusive VIP Island, a boat-access-only community nestled in the Indian River Lagoon. Thoughtfully designed with soaring wood ceilings, expansive glass garage doors, and warm coastal finishes throughout, this home offers a relaxed yet refined island feel. The open-concept layout is filled with natural light and captures beautiful water views from multiple spaces. Enjoy spacious loft-style bedrooms, spa-like baths, and seamless indoor-outdoor living perfect for entertaining or unwinding after a day on the water. Spend your days boating, fishing, kayaking, dolphin watching, or exploring nearby waterfront restaurants and the beaches near Sebastian Inlet. Whether you're searching for a private getaway or full-time residence, this property offers a rare lifestyle that feels worlds away from the mainland.
Closing Company Details
Closing Company Address: PO Box 112
Construction Materials
Fiber Cement: 1
Frame: 1
Cooling
Split System: 1
Current Use
Residential: 1
Single Family: 1
DPR Eligible
DPR Eligible: Yes
Electric
Underground: 1
Flooring
Laminate: 1
Heating
Electric: 1
Interior Features
Ceiling Fan(s): 1
Eat-in Kitchen: 1
Jack and Jill Bath: 1
Kitchen Island: 1
Open Floorplan: 1
Vaulted Ceiling(s): 1
Laundry Features
Lower Level: 1
Legal Details
Permission Granted to Advertise: Yes
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Parking Features
Other: 1
Patio And Porch Features
Covered: 1
Deck: 1
Patio: 1
Porch: 1
Pets Allowed
Cats OK: 1
Dogs OK: 1
Yes: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Other: 1
Water Body Access Type
Navigable: 1
Owned: 1
Road Frontage Type
Other: 1
Roof
Metal: 1
Sewer
Aerobic Septic: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
View
Intracoastal: 1
Protected Preserve: 1
River: 1
Water: 1
Water Source
Other: 1
Waterfront Features
Intracoastal: 1
Lagoon: 1
Navigable Water: 1
No Fixed Bridges: 1
Ocean Access: 1
River Access: 1
River Front: 1
Seawall: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Showing Considerations
Remote Location: 1
Property Condition
Updated/Remodeled: 1
Location Tax and Legal
Street Number: 25
Street Name: Vip
Street Suffix: Island
County: Brevard
State: FL
Postal Code: 32949
MLS Area Major: 342 - Malabar/Grant-Valkaria
Subdivision Name: V I P Vacation Island Playground Sec 1
Status Change Information
Major Change Timestamp: 2026-05-31T21:59:49Z
Major Change Type: New Listing
Status Change Timestamp: 2026-05-31
Property Features
Construction Materials: Fiber Cement; Frame
Cooling: Split System
Current Use: Residential; Single Family
Electric: Underground
Flooring: Laminate
Heating: Electric
Interior Features: Ceiling Fan(s); Eat-in Kitchen; Jack and Jill Bath; Kitchen Island; Open Floorplan; Vaulted Ceiling(s)
Laundry Features: Lower Level
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Other
Parking Features: Other
Patio And Porch Features: Covered; Deck; Patio; Porch
Pets Allowed: Cats OK; Dogs OK; Yes
Possession: Close Of Escrow; Negotiable; Other
Water Body Access Type: Navigable; Owned
Property Condition: Updated/Remodeled
Road Frontage Type: Other
Roof: Metal
Sewer: Aerobic Septic
Showing Requirements: Appointment Only; Showing Service
Special Listing Conditions: Standard
Utilities: Electricity Connected; Sewer Connected
View: Intracoastal; Protected Preserve; River; Water
Water Source: Other
Waterfront Features: Intracoastal; Lagoon; Navigable Water; No Fixed Bridges; Ocean Access; River Access; River Front; Seawall
Showing Considerations: Remote Location
Listing Office: 1st Look Realty Inc.
Last Updated: June - 02 - 2026
Information is deemed to be reliable, but is not guaranteed.