$4,896,700
- 5 Beds
- 5.5 Baths
- 4,032 sqft (on 0.56 acres)
231 Binnacle Point, Vero Beach, FL 32963
Est. Refi. Payment $31,984/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 20, 2020 for $2,900,000
Home Value
Trulia Estimate
$4.9MSince last month
Decreased$47K (-1%)Since last year
Increased$255K (+5.5%)Since last sale
Increased$2M (+67.9%)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 +61% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $4.87M |
| August 2026 | $4.9M |
| July 2026 | $4.91M |
| June 2026 | $5.04M |
| May 2026 | $4.86M |
| April 2026 | $4.79M |
| March 2026 | $4.77M |
| February 2026 | $4.65M |
| January 2026 | $4.49M |
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 |
|---|---|---|---|---|---|---|---|
0.20 | Single-Family Home | $2,650,000 | 04/01/26 | 3 | 3.5 | 3,293 | |
0.48 | 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 |
|---|---|---|---|---|---|---|
0.03 | $3,324,600 | 4 | 3 | 4,054 | Off Market | |
0.05 | $5,525,000 | 3 | 3.5 | 4,418 | Recently Sold | |
0.08 | $2,837,200 | 3 | 5 | 3,222 | Off Market | |
0.10 | $4,395,000 | 4 | 5 | 3,818 | For Sale | |
0.12 | $3,012,800 | 3 | 3.5 | 3,218 | Off Market | |
0.03 | $3,575,500 | 4 | 5 | 5,001 | Off Market | |
0.05 | $3,799,300 | 5 | 6.5 | 4,942 | Off Market | |
0.06 | $2,922,800 | 3 | 2.5 | 2,250 | Off Market | |
0.09 | $3,504,600 | 4 | 4 | 2,537 | Off Market | |
0.11 | $2,480,100 | 3 | 3.5 | 3,219 | Off Market | |
0.12 | $4,880,000 | 4 | 4.5 | 6,015 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1991
0.56 acre lot
4,032 sqft
$1,214/sqft
Garage
About this House
The perfect balance of luxury & casual coastal living combine with stunning water views & location in this exquisite home. 4BR, 4.5BA in main house; 1BR,1BA guest house & over 238 ft. of deep water frontage! Recent renovations include all new A/Cs, ductwork, gourmet kitchen, master bath & air conditioned garage. 24HR guard gated community with private beach access.
231 Binnacle Point, Vero Beach, FL 32963 is a 5 bedroom, 6 bathroom, 4,032 sqft single-family home in South Beach, built in 1991. It last sold for $2,900,000 on Oct 20, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $4,896,700.
Home Details for 231 Binnacle Point
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Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2ElevatorFloors: Concrete, Hardwood |
Interior Details Number of Rooms: 10 |
Fireplace & Spa FireplaceHot Tub or Spa |
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Exterior Home Features Roof: OtherDeckExterior: Stucco, Cement Concrete |
Pool Pool |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1991Year Updated: 1991 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 0.56 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 20, 2020 Source: Realtor Association of Indian River County #233460 | Sold | $2,900,000 |
Sep 22, 2020 Source: Agent Provided | Pending | $3,025,000 |
Aug 28, 2020 Source: Agent Provided | PriceChange | $3,025,000 Price decreased by 5% |
Jun 21, 2020 Source: Agent Provided | PriceChange | $3,195,000 Price decreased by 0% |
May 8, 2020 Source: Agent Provided | PriceChange | $3,200,000 Price decreased by 3% |
Mar 4, 2020 Source: Agent Provided | PriceChange | $3,299,000 Price decreased by 6% |
Oct 23, 2019 Source: Agent Provided | PriceChange | $3,499,000 Price decreased by 2% |
Jul 5, 2019 Source: Agent Provided | Listed For Sale | $3,576,000 |
Mar 13, 2018 Source: Agent Provided | ListingRemoved | $3,760,000 |
Feb 16, 2018 Source: Agent Provided | Listed For Sale | $3,760,000 |
Aug 17, 2011 Source: N/A | Sold | $2,100,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $55,816 | $4,541,121 |
Home facts updated by county records
Market trends in Vero Beach
Last updated August 2026
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
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
LGBTQ Local Legal Protections
Frequently asked questions about 231 Binnacle Point
- What is 231 Binnacle Point estimated to be worth?Trulia's estimated value for 231 Binnacle Point in Vero Beach, FL is $4,896,700.
- What is the price history for 231 Binnacle Point?231 Binnacle Point in Vero Beach, FL last sold for $2,900,000 in October 2020.
- 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 231 Binnacle Point have a pool?Yes, 231 Binnacle Point in Vero Beach, FL has a pool.
- How big is the lot at 231 Binnacle Point?The lot at 231 Binnacle Point in Vero Beach, FL is about 0.56 acres (24,453 sq ft).

