231 Binnacle Point, Vero Beach, FL 32963
Property image
Property image
OFF MARKET

$4,896,700

Trulia Estimate
  • 5 Beds
  • 5.5 Baths
  • 4,032 sqft (on 0.56 acres)

231 Binnacle Point, Vero Beach, FL 32963

South Beach
Est. Refi. Payment $31,984/mo*
Refinance Your Home
Currently Off Market - Sold Oct 20, 2020 for $2,900,000

Home Value

Trulia Estimate
$4.9M
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 231 Binnacle Point.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: Stucco, Cement Concrete
Pool
Pool
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1991Year Updated: 1991
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.56 acres

Price and Tax history

DateEventPrice
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%

Market trends in Vero Beach

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

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

Sourced by Trulia users. Learn more about our methodology.

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).

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Off Market Homes Near 231 Binnacle Point

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