229 Binnacle Point, Vero Beach, FL 32963
Property image
Property image
SOLD
MAY 14, 2026

$5,592,000

Trulia Estimate
  • 3 Beds
  • 3.5 Baths
  • 4,418 sqft (on 0.86 acres)

229 Binnacle Point, Vero Beach, FL 32963

South Beach
Est. Refi. Payment $36,155/mo*
Refinance Your Home
Currently Off Market - Sold May 14, 2026 for $5,525,000 (12% below list price)

Home Value

Trulia Estimate
$5.59M
Since last month
Decreased$61K (-1.1%)
Since last year
Increased$2M (+40.4%)
Since last sale
Decreased$11K (-0.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +104% in the last 10 years
MonthEstimated value
2026
September 2026$5.51M
August 2026$5.57M
July 2026$5.54M
June 2026$5.56M
February 2026$5.99M
January 2026$3.9M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
202 Spinnaker Dr, Vero Beach, FL
0.28
Single-Family Home
$2,500,000
01/05/26
3
3
3,914
240 Spring Line Dr, Vero Beach, FL
0.16
Single-Family Home
$2,875,000
04/14/26
4
4
3,032
815 Starboard Dr, Vero Beach, FL
0.24
Single-Family Home
$3,300,000
10/15/25
3
3.5
3,950
175 Springline Dr, Vero Beach, FL
0.30
Single-Family Home
$3,400,000
12/30/25
3
3.5
4,120
736 Norfolk Pine Lane, Vero Beach, FL
0.25
Single-Family Home
$2,650,000
04/01/26
3
3.5
3,293
1915 Cutlass Cove Dr, Vero Beach, FL
0.24
Single-Family Home
$8,900,000
03/05/26
5
5.5
5,663
150 Anchor Dr, Vero Beach, FL
0.48
Single-Family Home
$6,200,000
02/05/26
4
5.5
5,476
2160 Seagrape Drive, Vero Beach, FL
0.31
Single-Family Home
$1,575,000
10/10/25
3
2.5
2,632
1956 Windward Way, Vero Beach, FL
0.49
Single-Family Home
$2,600,000
09/22/25
3
4.5
3,793

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
226 Binnacle Point, Vero Beach, FL 32963
0.05
$4,395,000
4
5
3,818
For Sale
237 Spinnaker Dr, Vero Beach, FL 32963
0.10
$4,774,900
4
4.5
6,015
Off Market
192 Spinnaker Dr, Vero Beach, FL 32963
0.12
$2,534,900
3
3.5
2,833
Off Market
240 Spring Line Dr, Vero Beach, FL 32963
0.16
$2,875,000
4
4
3,032
Recently Sold
705 Harbour Dr, Vero Beach, FL 32963
0.15
$2,333,700
3
3
2,696
Off Market
183 Spring Line Dr, Vero Beach, FL 32963
0.23
$4,040,150
6
7
6,318
Recently Sold
211 Spinnaker Dr, Vero Beach, FL 32963
0.21
$1,900,000
-
-
-
Recently Sold
880 Bowline Dr, Vero Beach, FL 32963
0.24
$2,792,300
4
3
3,991
Off Market
178 Spring Line Dr, Vero Beach, FL 32963
0.27
$3,766,900
3
4
4,484
Off Market
815 Starboard Dr, Vero Beach, FL 32963
0.24
$3,270,600
3
3.5
3,950
Off Market
202 Spinnaker Dr, Vero Beach, FL 32963
0.28
$2,500,000
3
3
3,914
Recently Sold

Local Information

  • Map ViewExplore the area around 229 Binnacle Point.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1983
0.86 acre lot
4,418 sqft
$1,251/sqft
Garage
HOA $400/mo

About this House

A truly unique offering, 229 Binnacle presents an exceptional opportunity to acquire a developable riverfront property with nearly 240 feet of river frontage—a combination rarely available in the Moorings and the greater Vero Beach market. The expansive double lot and extraordinary frontage offer flexibility for a custom waterfront residence or residences, with potential for multiple structures, subject to applicable zoning and approvals. The well-maintained 4,418 SF existing home may be enjoyed as-is or removed to fully capitalize on the site’s unique characteristics. Dimensions approximate.
229 Binnacle Point, Vero Beach, FL 32963 is a 3 bedroom, 4 bathroom, 4,418 sqft single-family home in South Beach, built in 1983. It last sold for $5,525,000 on May 14, 2026 (12% below the $6,250,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $5,592,000.
Last check for updates: about 13 hours ago
Listed by Collier Proctor, (772) 231-5131
The Moorings Realty Sales Co.
Bought with: Collier Proctor, (772) 231-5131, The Moorings Realty Sales Co.
Originating MLS: Indian River
Source: Realtor Association of Indian River County, MLS#295351

Home Details for 229 Binnacle Point

Interior Features

Interior Details
Number of Rooms: 12Types of Rooms: Bedroom, Breakfast Room Nook, Den, Dining Room, Foyer, Kitchen, Living Room, Patio, PorchWet Bar
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 4418 Square Feet
Appliances & Utilities
Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, WasherDishwasherDisposalDryerLaundry: Lower Level,In UnitMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Windows, Doors, Floors & Walls
Window: Single Hung, Window TreatmentsDoor: French DoorsFlooring: Carpet, Tile, Wood
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Tile, Wood
View
Has a ViewView: Intercoastal, River
Security
Security: Gated with Guard, Security Guard, Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Shake WoodPatio / Porch: Covered, PorchExterior: Built-in Barbecue, Balcony, Barbecue, PorchHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Driveway,Garage
Pool
Pool: Electric Heat, Heated, Pool, PrivatePool
Frontage
WaterfrontWaterfront: Intracoastal Access, River Front, Seawall, Beach AccessRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: 239

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story
Building
Construction Materials: Block, ConcreteNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 33402100008000000128.0

Price & Status

Price
List Price: $6,250,000Price Per Sqft: $1,251/sqft
Status Change & Dates
Off Market Date: Mon Apr 27 2026

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: Vero BeachCommunity: ANCHOR THE MOORINGS

Community

Community Features: Basketball Court, Other, Playground, Pickleball, Tennis Court(s)
Other
Playground

HOA

HOA Fee Includes: Common Areas, Other, Recreation Facilities, SecurityHOA Name: Elliott MerrillAssociation for this Listing: Indian RiverHas an HOAHOA Fee: $400/Monthly

Lot Information

Lot Area: 0.86 acres

Offer

Listing Terms: Cash, New Loan

Business

Business Information
Ownership: Single Family/Other

Miscellaneous

Mls Number: 295351Living Area Range: 4001-4500Living Area Range Units: Square FeetWater ViewWater View: Intercoastal, RiverAttribution Contact: 772-231-5131Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12061-N-334021000080000001280-R-N

Additional Information

HOA Amenities: Dues Paid QuarterlyDays On Market Replication: 61

Price and Tax history

DateEventPrice
May 14, 2026
Source: Realtor Association of Indian River County #295351
Sold
$5,525,000
Apr 28, 2026
Source: Realtor Association of Indian River County #295351
Pending
$6,250,000
Apr 15, 2026
Source: Realtor Association of Indian River County #295351
Contingent
$6,250,000
Feb 25, 2026
Source: Realtor Association of Indian River County #295351
Listed For Sale
$6,250,000

Market trends in Vero Beach

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$353K
$2.5KMoM
Sale-to-List Price
96.4%
0.2%MoM
Price per sq ft
$216
$1MoM
Available listings
1303
30MoM

Around this home

Neighborhood Overview

South Beach
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Beach

At least 9 Trulia users voted on each feature.

  • 100 % Say it's quiet

  • 92 % Say parking is easy

  • 81 % Say car is needed

  • 80 % Say there's holiday spirit

  • 80 % Say it's dog friendly

  • 77 % Say yards are well-kept

  • 69 % Say there's wildlife

  • 68 % Say neighbors are friendly

  • 67 % Say streets are well-lit

  • 67 % Say they plan to stay for at least 5 years

  • 67 % Say people would walk alone at night

  • 53 % Say kids play outside

  • 45 % Say there are sidewalks

  • 40 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 229 Binnacle Point

  • What is 229 Binnacle Point estimated to be worth?
    Trulia's estimated value for 229 Binnacle Point in Vero Beach, FL is $5,592,000.
  • What is the price history for 229 Binnacle Point?
    229 Binnacle Point in Vero Beach, FL last sold for $5,525,000 in May 2026.
  • Is Vero Beach a buyer's or seller's market?
    Vero Beach is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Vero Beach?
    The median sale price in Vero Beach is $353K. That is down $2.5K from the prior month.
  • Does 229 Binnacle Point have air conditioning?
    Yes, 229 Binnacle Point in Vero Beach, FL has air conditioning.
  • Does 229 Binnacle Point have a pool?
    Yes, 229 Binnacle Point in Vero Beach, FL has a pool.

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