229 Binnacle Point, Vero Beach, FL 32963
PENDING
0.86 ACRES

229 Binnacle Point
Vero Beach, FL 32963

South Beach
  • 3 Beds
  • 3.5 Baths
  • 4,418 sqft (on 0.86 acres)

$6,250,000

Est. Mortgage $38,754/mo*

$6,250,000

Est. Mortgage $38,754/mo*
3 Beds
3.5 Baths
4,418 sqft
(on 0.86 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
Garage
Outdoor
Porch, Pool
View
Intercoastal, River
HOA
$400/Monthly
Price/Sqft
$1,415
Listed
69 days ago

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

Days on Market

Days on Market: 69

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: $1,415
Status Change & Dates
Off Market Date: Mon Apr 27 2026

Active Status

MLS Status: Pending

Location

Direction & Address
City: Vero BeachCommunity: ANCHOR THE MOORINGS

Agent Information

Listing Agent
Listing ID: 295351

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
Last check for updates: about 8 hours ago
Listing courtesy of Collier Proctor, (772) 231-5131
The Moorings Realty Sales Co.
Originating MLS: Indian River
Source: Realtor Association of Indian River County, MLS#295351

Price History for 229 Binnacle Point

DatePriceEventSource
04/28/2026$6,250,000PendingRealtor Association of Indian River County #295351
04/15/2026$6,250,000ContingentRealtor Association of Indian River County #295351
02/25/2026$6,250,000Listed For SaleRealtor Association of Indian River County #295351
11/01/1990$440,000Sold
N/A

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Property Tax and Assessment

Year2024
Tax$20,749
Assessment$3,442,252
Home facts updated by county records

Comparable Sales for 229 Binnacle Point

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.28
Single-Family Home
$2,500,000
01/05/26
3
3
3,914
0.16
Single-Family Home
$2,875,000
04/14/26
4
4
3,032
0.32
Single-Family Home
$1,170,000
03/10/26
3
3
2,541
0.24
Single-Family Home
$3,300,000
10/15/25
3
3.5
3,950
0.31
Single-Family Home
$1,575,000
10/10/25
3
2.5
2,632
0.26
Single-Family Home
$1,600,000
01/21/26
3
2.5
2,567
0.30
Single-Family Home
$3,400,000
12/30/25
3
3.5
4,120
0.25
Single-Family Home
$2,650,000
04/01/26
3
3.5
3,293
0.20
Single-Family Home
$2,900,000
03/11/26
4
3.5
3,798
0.20
Single-Family Home
$4,800,000
02/19/26
4
4.5
4,719

Assigned Schools

These are the assigned schools for 229 Binnacle Point.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

Learn more about our methodology.

LGBTQ Local Legal Protections

Collier Proctor, The Moorings Realty Sales Co.
Agent Phone: (772) 231-5131
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.
229 Binnacle Point, Vero Beach, FL 32963 is a 3 bedroom, 4 bathroom, 4,418 sqft single-family home built in 1983. 229 Binnacle Point is located in South Beach, Vero Beach. This property is currently available for sale and was listed by Realtor Association of Indian River County on Feb 25, 2026. The MLS # for this home is MLS# 295351.