$674,000
Grant-Valkaria, FL 32949
MLS# 1077502
4 beds | 2 baths | 1500 sqft
1 / 57
Property 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, floating dock, regular 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!
Details
Maps
Contract Information
Comp Sale YN: No
Current Price: $674,000
Original List Price: 674000
List Price: $674,000
Status: Active
Listing Contract Date: 2026-05-15
Property Sub Type: Single Family Residence
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.
General Property Information
Accessory Dwelling Unit Y/N: No
Bathrooms Half: 0
Living Area: 1260
Living Area Source: Assessor
Building Area Total: 1500
Lot Size Acres: 0.26
Lot Size Square Feet: 11326
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: Yes
Water Body Name: Canal Navigational to Indian River
Water Frontage Feet: 133
Land Site Description: V.I.P. Island Front
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: Yes
Furnished: Furnished
Stories: 2
Entry Level: 2
Direction Faces: East
Pool Private YN: No
List Price/SqFt: 534.92
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1998
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, floating dock, regular 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!
Appliances
Dryer: 1
Electric Oven: 1
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Architectural Style
A-Frame: 1
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
Construction Materials
Fiber Cement: 1
Cooling
Split System: 1
Current Use
Residential: 1
Single Family: 1
Exterior Features
Balcony: 1
Dock: 1
Fire Pit: 1
Outdoor Kitchen: 1
Outdoor Shower: 1
Storm Shutters: 1
Fencing
Chain Link: 1
Fenced: 1
Wood: 1
Fireplace Features
Fireplaces Total: 1
Wood Burning: 1
Flooring
Laminate: 1
Vinyl: 1
Heating
None: 1
Interior Features
Ceiling Fan(s): 1
Eat-in Kitchen: 1
Guest Suite: 1
Kitchen Island: 1
Primary Bathroom - Shower No Tub: 1
Vaulted Ceiling(s): 1
Laundry Features
In Unit: 1
Lower Level: 1
Legal Details
Permission Granted to Advertise: Yes
Levels
Multi/Split: 1
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Few Trees: 1
Split Possible: 1
Other Structures
Gazebo: 1
Outdoor Kitchen: 1
Workshop: 1
Parking Features
Other: 1
Patio And Porch Features
Covered: 1
Deck: 1
Front Porch: 1
Patio: 1
Side Porch: 1
Pets Allowed
Yes: 1
Possession
Close Of Escrow: 1
Water Body Access Type
Navigable: 1
Road Frontage Type
None: 1
Roof
Metal: 1
Sewer
Aerobic Septic: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Connected: 1
Water Connected: 1
View
Canal: 1
Intracoastal: 1
River: 1
Water: 1
Water Source
Well: 1
Waterfront Features
Canal Front: 1
Intracoastal: 1
Lagoon: 1
Navigable Water: 1
Ocean Access: 1
River Access: 1
River Front: 1
Seawall: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Lockbox: 1
Showing Service: 1
Property Condition
Updated/Remodeled: 1
Rental Restrictions
3 Months: 1
Community Features
Fishing: 1
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
Status Change Information
Major Change Timestamp: 2026-05-15T22:58:37Z
Major Change Type: New Listing
Status Change Timestamp: 2026-05-15
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
Listing Office: Real Broker, LLC
Last Updated: May - 16 - 2026
Information is deemed to be reliable, but is not guaranteed.