The Source Real Estate
51 Vip Island, at dusk, photograph 1 of 112

51 Vip Island

Grant Valkaria, FL 32949

$624,900

3 BD2 BASingle family

Living
1,500 sq ft

Private Island Living on the Indian River @ VIP Island awaits to own your very own private island nestled in the serene waters of the Indian River in beautiful Brevard County. Use as a full-time residence, private retreat, or vacation sanctuary.

From the air19

Where the property sits, and what sits around it. The part you only see from above.

Inside36

Room by room, in the order you would walk them.

Outside36

The approach, and everything before the front door.

At dusk20

Step inside3D

Move through the house at your own pace, room by room, the way you would on a viewing.

What this would cost a month

Move the numbers to match your own situation. Nothing here is sent anywhere, and nothing is saved.

Loan term

$4,517

per month, all in

  • Principal and interest$3,226
  • Property tax$719
  • Insurance$573

On a loan of $499,920.

An estimate, not a quote, and not an offer of credit. It assumes property tax at 1.38% of the price a year and insurance at 1.1%, both South Florida averages rather than this property's actual assessment or a real quote — insurance in particular varies enormously here by roof age, elevation and flood zone. Under 20% down it adds mortgage insurance at 0.5% of the loan a year. It does not know your credit, your debts, closing costs, or what a lender would actually approve. The default rate was last reviewed on 2026-08-11. Talk to a lender for a real number.