42 Vip Island A, Grant-Valkaria, FL 32949

$674,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,500 Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $674,000 List Date: 5/15/2026 Last Modified: 7/10/2026

Overview

Description

''GREAT VACATION/SECOND HOME'' opportunity! Beautifully upgraded island cottage situated on a large double lot and being sold fully furnished--including boat! 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!

Listing Details MLS# 1077502

General Property Information

Bedrooms Total
4
Bathrooms Total
2
Accessory Dwelling Unit Y/N
No
Bathrooms Full
2
Living Area
1260
Living Area Source
Assessor
Building Area Total
1500
Accessibility Features YN
No
New Construction YN
No
Year Built
1998
Garage YN
No
Carport YN
No
Lot Size Acres
0.26
Lot Size Square Feet
11326
Land Lease YN
No
Association YN
No
CDD Fee YN
No
Community Fee(s) YN
No
Water Body Access YN
Yes
Waterfront YN
Yes
Water Body Name
Canal Navigational to Indian River
Water Frontage Feet
133
Land Site Description
V.I.P. Island Front
Furnished
Furnished
Stories
2
Entry Level
2
Direction Faces
East
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
534.92
Bathrooms Half
0

Property Features

Appliances: Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Architectural Style: A-Frame Construction Materials: Fiber Cement Cooling: Split System Current Use: Residential; Single Family Exterior Features: Balcony; Dock; Fire Pit; Outdoor Kitchen; Outdoor Shower; Storm Shutters Fencing: Chain Link; Fenced; Wood Fireplace Features: Wood Burning Flooring: Laminate; Vinyl Heating: None Interior Features: Ceiling Fan(s); Eat-in Kitchen; Guest Suite; Kitchen Island; Primary Bathroom - Shower No Tub; Vaulted Ceiling(s) Laundry Features: In Unit; Lower Level Levels: Multi/Split; Two Listing Terms: Cash; Conventional Lot Features: Cleared; Few Trees; Split Possible Other Structures: Gazebo; Outdoor Kitchen; Workshop Parking Features: Other Patio And Porch Features: Covered; Deck; Front Porch; Patio; Side Porch Pets Allowed: Yes Possession: Close Of Escrow Water Body Access Type: Navigable Property Condition: Updated/Remodeled Rental Restrictions: 3 Months Road Frontage Type: None Roof: Metal Sewer: Aerobic Septic Showing Requirements: Appointment Only; Call Listing Agent; Lockbox; Showing Service Special Listing Conditions: Standard Utilities: Electricity Connected; Water Connected View: Canal; Intracoastal; River; Water Water Source: Well Waterfront Features: Canal Front; Intracoastal; Lagoon; Navigable Water; Ocean Access; River Access; River Front; Seawall Community Features: Fishing

Contract Information

Original List Price
674000
Listing Contract Date
2026-05-15
Property Sub Type
Single Family Residence
Comp Sale YN
No

Location Tax and Legal

Street Number
42
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

Remarks and Miscellaneous

Public Remarks
''GREAT VACATION/SECOND HOME'' opportunity! Beautifully upgraded island cottage situated on a large double lot and being sold fully furnished--including boat! 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!

Status Change Information

Major Change Timestamp
2026-05-15T22:58:37Z
Major Change Type
New Listing
Status Change Timestamp
2026-05-15

More Information

Closing Company Details

Closing Company Name
Supreme Title / Tiffany
Closing Company Address
490 Centre Lake Dr NE, Suite 100B, Palm Bay, FL 32907,(321) 725-0115

DPR Eligible

DPR Eligible
Yes

Fireplace Features

Fireplaces Total
Yes
Wood Burning
Yes

Legal Details

Permission Granted to Advertise
Yes

Currently Not Used

Homestead YN
No

Location, Tax, and Legal

Unit Number
A
Tax Account
2956698
Parcel Number
29-38-27-50-0000a.0-0042.00
General County Location
South
Elementary School
Sunrise
Middle School
Stone
High School
Bayside
Tax Annual Amount
5350.39
Tax Year
2025
Tax Legal Description
V I P VACATION ISLAND PLAYGROUND SEC 1 LOTS 41 & 42 BLK A
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.

Appliances

Dryer
Yes
Electric Oven
Yes
Electric Range
Yes
Electric Water Heater
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

A-Frame
Yes

Construction Materials

Fiber Cement
Yes

Cooling

Split System
Yes

Current Use

Residential
Yes
Single Family
Yes

Exterior Features

Balcony
Yes
Dock
Yes
Fire Pit
Yes
Outdoor Kitchen
Yes
Outdoor Shower
Yes
Storm Shutters
Yes

Fencing

Chain Link
Yes
Fenced
Yes
Wood
Yes

Flooring

Laminate
Yes
Vinyl
Yes

Heating

None
Yes

Interior Features

Ceiling Fan(s)
Yes
Eat-in Kitchen
Yes
Guest Suite
Yes
Kitchen Island
Yes
Primary Bathroom - Shower No Tub
Yes
Vaulted Ceiling(s)
Yes

Laundry Features

In Unit
Yes
Lower Level
Yes

Levels

Multi/Split
Yes
Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes
Few Trees
Yes
Split Possible
Yes

Other Structures

Gazebo
Yes
Outdoor Kitchen
Yes
Workshop
Yes

Parking Features

Other
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Front Porch
Yes
Patio
Yes
Side Porch
Yes

Pets Allowed

Yes
Yes

Possession

Close Of Escrow
Yes

Water Body Access Type

Navigable
Yes

Road Frontage Type

None
Yes

Roof

Metal
Yes

Sewer

Aerobic Septic
Yes

Special Listing Conditions

Standard
Yes

Utilities

Electricity Connected
Yes
Water Connected
Yes

View

Canal
Yes
Intracoastal
Yes
River
Yes
Water
Yes

Water Source

Well
Yes

Waterfront Features

Canal Front
Yes
Intracoastal
Yes
Lagoon
Yes
Navigable Water
Yes
Ocean Access
Yes
River Access
Yes
River Front
Yes
Seawall
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Lockbox
Yes
Showing Service
Yes

Property Condition

Updated/Remodeled
Yes

Rental Restrictions

3 Months
Yes

Community Features

Fishing
Yes
Listing Office: Real Broker, LLC
Last Updated: July - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.

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