CENTURY 21 Edge

8 VIP ISLAND UNIT B, GRANT VALKARIA, FL, 32949

Active9 days on marketListed Oct 28, 2026MLS #O6452971

✦ Priced 18% below the GRANT VALKARIA 32949 medianWaterfrontV I P VACATION ISLAND PLAYGROUND SEC 01

About this home

8 VIP ISLAND UNIT B

Discover an exceptional opportunity to own waterfront land on VIP Island, a private, boat-access-only island community along the Indian River Lagoon in Grant-Valkaria, Florida. This approximately 0.26-acre parcel offers 75 feet of waterfront frontage along the Intracoastal Waterway and a rare opportunity to create your own island retreat along Florida's beautiful Space Coast. Unlike many vacant waterfront parcels, this property already benefits from several significant improvements, including a brand-new, never-used septic system, electrical service brought to the lot with an existing utility pole, and access to a shared well. The property also features an approximately 10-year-old seawall and shared dock access, with existing pilings in place for dock reconstruction. The former residence and shed have been removed, leaving a vacant parcel ready for its next chapter. Imagine enjoying mornings overlooking the Indian River Lagoon, afternoons boating, fishing, or kayaking, and evenings surrounded by the natural beauty and tranquility of island living. Accessible exclusively by boat, VIP Island offers a distinctive waterfront lifestyle with separation from the congestion of mainland living while remaining within reach of the amenities of Florida's Space Coast. Offered as-is. Buyers are encouraged to verify lot dimensions, utility availability, dock rights, building requirements, and the feasibility of any proposed construction or improvements with the appropriate authorities. Bring your vision and explore the possibilities of this unique waterfront property.

Facts & features

The home at a glance

0.26 ac

Lot size

WaterfrontWater view

Inside

Outside & construction

ViewWater

Community & fees

Taxes (2025)$5,126/yr

Utilities & systems

UtilitiesElectricity Available · Utility Pole · Water Available
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$2,962 /mo · 3.5% down FHA, 30-yr fixed at 7.5%

Principal & interest$2,231
FHA mortgage insurance (est.)$144
Property tax — 2025 actual bill$427
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $11,375Loan30-yr fixed at 7.5%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $11,375
Interest rate7.50%
Loan term

Estimated payment

$2,962/mo

Principal & interest$2,231
FHA mortgage insurance (est.)$144
Property taxes (actual bill)$427
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Can I afford this home? → See what you can comfortably afford from your income, debts and savings.

Where it sits

Inside Grant Valkaria

Get to know Grant Valkaria. See the full Grant Valkaria guide →

GRANT VALKARIA 32949 — neighborhood snapshot

Population

3,636

Median age

56.4

Median income

$130,651

Median home value

$580,600

Avg household

2.67

Households w/ children

246

For the school run

Brevard County School District

HighBayside High School★★★★★
ElementaryPort Malabar Elementary School★★★★★
MiddleSouthwest Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Grant Valkaria market

Seller’s marketBalanced — 6.0 months of inventoryBuyer’s market

$726K → $375K

Grant Valkaria median sold, yr/yr

Median sold price, Grant Valkaria, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 18% below the GRANT VALKARIA 32949 median. See the full Grant Valkaria market guide →

Paper trail

This home's history

Oct 28, 2026Listed at $325,000 · 9 days on market since

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

John Carpenter

Your agent

John Carpenter

CFO/Broker · CENTURY 21 Edge

Tours, negotiation, and every question about 8 VIP ISLAND UNIT B — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 8 VIP ISLAND UNIT B — before you fall in love.

See it in person

Schedule a tour

Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

8 VIP ISLAND UNIT B FAQs

What would the monthly payment be for 8 VIP ISLAND UNIT B?+

With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $2,962/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 8 VIP ISLAND UNIT B?+

The most recent tax bill on record (2025) was $5,126. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Grant Valkaria?+

At $325,000, this home is listed about 8% below the Grant Valkaria median of $355,000. The market section on this page shows how the area is trending.

Which schools are assigned to 8 VIP ISLAND UNIT B?+

Bayside High School (high), Port Malabar Elementary School (elementary), Southwest Middle School (middle) — Brevard County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of THE VERITY ADVISORY GROUP LLC · Kerry Price. MLS #O6452971.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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