For sale Home

Listed Oct 9, 2026

$749,000 Est. $4,954/mo

51 Vip Island

  • 3

    Beds

  • 2

    Baths

  • 1,500

    Sq ft

The story

  • Waterfront

THE ULTIMATE VIP ISLAND OPPORTUNITY | GRANT-VALKARIA, FL Entire Double Lot • Set along the Indian River, this rare offering combines the island residence and adjoining waterfront parcel into one incredible 15,174 SQ FT property with approximately 100 feet of waterfront. The 3-bedroom, 2-bath residence features soaring ceilings, wood floors, multiple balconies and water views from every direction, while the additional lot provides the space and opportunity to expand, build, or simply preserve your privacy. Along the shoreline, enjoy 100 feet of private dock and seawall, replaced in August 2024, creating an exceptional setup for boating and life on the Indian River. Two parcels. One private island opportunity. Endless possibilities. NO HOA!

Facts & features

Home type

Home

Year built

1991

Price per sq ft

$499

Included features

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Dryer, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer

  • Flooring

    Hardwood, Tile, Wood

  • Roof

    Metal

  • Lot Information

    Less Than Quarter Acre

  • Exterior

    Balcony, Deck, Porch, Patio, Room For Pool, Shed

  • Sewer

    Septic Tank

  • View

    Water

Mortgage calculator

Estimated monthly payment

$4,954 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,986
  • Property tax $749
  • Insurance $218

Includes principal, interest, taxes & insurance.

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Listing Broker

The Source Real Estate

Broker Name

The Source Real Estate

Agent

Jose Gomez