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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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 22, 2026 1:38 PM UTC
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Data Last Updated: September 22, 2026 1:40 PM UTC
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
