VIP Island is a fifty acre private island in the Indian River off Grant, with roughly seventy homes on it and no bridge to the mainland. You park at the southeast corner of US 1 and 1st Street and take a boat, about five minutes. There are no cars and no roads. Every property is waterfront, most have a dock, and wells and septic systems serve the island.
The island goes by three names. VIP Island is the one on the street sign and the deed, Vacation Island Paradise is where the initials came from, and longtime Grant residents still call it Grant Farm Island. It was developed in the late 1950s out of a Melbourne landowner's estate, and the original lots sold for $1,995. A causeway to the mainland was planned and never built, and after the space program contracted in the early 1970s it never came back.
Which is why, seventy years later, this is still a fifty acre island with about seventy homes and no road to it. Getting there means a boat. Everyone parks on the mainland at the southeast corner of US 1 and 1st Street in Grant, just south of the gas station, and runs across in roughly five minutes. On the island itself there are no cars: you move by foot, bicycle or golf cart, and there is no garage on any property.
Every one of these properties is waterfront. Most front the Indian River directly, which is also the Intracoastal Waterway on this stretch, and several sit on a navigable canal cut through the island. Docks appear on three quarters of the homes and boat lifts on more than half, with seawalls on the same properties. Water depth at the dock is a real variable and it is one of the first questions to ask about any address here.
The houses are small, old, and built for the setting. They run 667 to 2,494 square feet with about 1,438 typical, two to five bedrooms, built between 1977 and 2025 with the middle of the group around 1994. Almost all are frame, many with wood siding, most under metal roofing, and most are two story with a balcony or a wraparound deck facing the water. Wells supply the water and septic systems handle waste, with aerobic units on several parcels.
Typical value is $684,500, in a range from $415,000 to $1,180,900. At about $354 a square foot that is the highest figure in Grant-Valkaria, and it is entirely about the water and the isolation, not the house. Homes take about 103 days to sell, which is what you would expect for a purchase this specific. Sebastian Inlet is roughly five miles south, which puts the ocean within a reasonable run by boat.
VIP Vacation Island at a glance, from access to utilities.
| Detail | What you get |
|---|---|
| Detail | Value |
| Location | A 50 acre island in the Indian River east of Grant, Grant-Valkaria 32949 |
| Also known as | Grant Farm Island and Vacation Island Paradise |
| Access | Boat only. No bridge and no causeway. Mainland parking at the southeast corner of US 1 and 1st Street, about a five minute crossing |
| On the island | No cars and no roads. Movement is by foot, bicycle or golf cart |
| Developed | Late 1950s, with roughly 70 homes on the island today |
| Built | 1977 to 2025, about 1994 typical |
| Home size | 667 to 2,494 square feet, about 1,438 typical |
| Bedrooms | Two to five, with one to three baths |
| Lot size | 0.11 to 0.30 acre, about 0.15 typical |
| Construction | Frame, often with wood siding, mostly under metal roofs. Two story with decks and balconies is the common form |
| Association | None recorded. There is a long standing island community organization, but no mandatory assessment |
| Utilities | Private well and septic tank, with aerobic treatment systems on several properties |
| Water frontage | All twelve properties. Direct Indian River and Intracoastal frontage on most, navigable canal frontage on several |
| Docks and lifts | Docks on about three quarters of the homes, boat lifts on more than half, seawalls common |
| Garage | None. There are no vehicles on the island |
| Price range | $415,000 to $1,180,900, typical $684,500, about $354 a square foot |
| Time to sell | About 103 days typical |
A bridge to the mainland was part of the original plan when the island was subdivided in the late 1950s. It was never built, and after the space program pulled back in the early 1970s the idea died. Everything distinctive about living here, good and difficult, follows from that one decision.
Groceries, guests, contractors, appliances, building materials. Owners keep a skiff or a center console on the mainland side and cross in about five minutes from the lot at US 1 and 1st Street. Large deliveries come over by pontoon acting as a barge. If a bad crossing on a windy afternoon sounds like an adventure rather than a chore, you will be fine here.
There is no interior lot. Most homes front the Indian River, which is the Intracoastal Waterway along this reach, and several sit on a navigable canal through the island. Docks, boat lifts and seawalls are the norm rather than the upgrade, and dock depth varies enough that it belongs in your first conversation about any address.
The typical home is about 1,438 square feet, two stories, frame construction under a metal roof, with a balcony or a wraparound deck on the water side. Nobody comes here for interior square footage. They come for a west facing porch and what happens on it at sunset.
Water comes from private wells and waste goes to septic, with aerobic treatment units on several parcels. On an island, servicing any of that means getting a truck or a technician across, which is worth understanding before you close. Ask about pump age, tank condition and who has been maintaining the aerobic units.
Running south down the Indian River puts Sebastian Inlet roughly five miles away, which is real ocean access without a trailer. Northbound the Intracoastal runs to Melbourne and beyond. For anyone whose life is organized around a boat, that position is the entire argument for the island.
Current availability on VIP Island is below. These are boat access properties with wells and septic systems, so read each listing with the dock, the water depth and the utilities in mind alongside the house itself.
By boat, and only by boat. There is no bridge and no causeway. Owners and visitors park on the mainland at the southeast corner of US 1 and 1st Street in Grant, just south of the gas station, and make a crossing of roughly five minutes to the island.
No. There are no roads and no vehicles. People get around on foot, by bicycle or by golf cart, and none of the properties have a garage. Everything you bring across, you carry or cart from the dock.
Yes. All of these properties are on the water. Most have direct Indian River and Intracoastal frontage and several front a navigable canal cut through the island. Docks appear on about three quarters of the homes and boat lifts on more than half, generally with seawalls.
Private wells for water and septic systems for waste, with aerobic treatment units on several properties. There is no municipal service. Factor in that any service call, pump out or repair has to be brought across by boat, which affects both cost and scheduling.
There is no mandatory association recorded against these properties. The island has a long standing community organization that owners participate in, with annual gatherings and shared concerns, but it does not operate as an assessment collecting HOA. Verify what any specific parcel is obligated to before you close.
A number of the homes on the island are used as weekend retreats and vacation rentals rather than full time residences. Short term rental rules are set at the Town of Grant-Valkaria and Brevard County level and they change, so confirm current requirements and any licensing before you build a plan around rental income.
It can be. A boat access property with well and septic, frame construction and few comparable sales is not a routine underwriting file, and insurance takes work too. Start those conversations at the beginning of your search rather than after you are under contract, because they will shape what you can actually buy.
Weather runs your schedule. Mail is addressed on the mainland and brought over. A forgotten grocery item is a boat trip. Roughly ten households live here full time and most of the other homes are weekend and seasonal. In exchange you get a fifty acre island, no traffic, no streetlights, and water on every side.
The island lies in the Indian River just east of the Grant shoreline, within the Town of Grant-Valkaria and the 32949 ZIP. The mainland staging point is the lot at the southeast corner of US 1 and 1st Street, south of the gas station, which is also a couple of minutes from Christenson's Landing at 5355 US 1 and its six county boat ramp lanes. The crossing takes about five minutes.
Once you are back on wheels, US 1 runs north to Malabar, Palm Bay and Melbourne and south to Micco, Barefoot Bay and Sebastian. I-95 is picked up at Malabar Road, exit 173, roughly four miles inland, or County Road 512 at exit 156 to the south. By water, Sebastian Inlet is about five miles south and the Intracoastal runs north from the island toward Melbourne.
Island property is a different transaction start to finish: the crossing, the dock and its water depth, the seawall, the well, the aerobic septic, the insurance, and a lender who understands what boat access means. It is worth doing and it is worth doing carefully. My partner Nichole and I can arrange the boat, walk the property with you and line up the questions that need answers. Call or text (321) 212-7676.
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