Sold
Last Sold Price
3 beds4,418 sqft
229 Binnacle Point, Vero Beach, FL 32963
Single FamilyProperty Type
1983Year Built
$1,251/sq ftPrice per sq ft
$400/moHOA Fees
2 carsParking Spaces

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...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.
  • Listed by: Collier Proctor • The Moorings Realty Sales Co. 772-231-5131
Listing closed: 05/14/2026 12:00 AM • Source: RAIRCMLS, MLS#: 295351

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Location

Listing Courtesy of The Moorings Realty Sales Co.

Sold By The Moorings Realty Sales Co.

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Payment Calculator

$31,673 per month

30 year fixed, 7.03% Interest

Principal and Interest

$29,495

Property Taxes

$1,778

HOA Dues

$400

The Payment Calculator is for illustrative purposes only.

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Property Information for 229 Binnacle Point

Property Details
  • Taxes: $21,333 / year
  • MLS Type: Residential / Detached
  • Subdivision Name: ANCHOR THE MOORINGS
  • Architectural Style: TwoStory
  • Waterfront: Yes
  • Waterfront Features: IntracoastalAccess, RiverFront, Seawall, BeachAccess
  • View: Intercoastal, River
  • Furnished: Negotiable
  • Pets Allowed: Yes
Building Information
  • Stories: 2
  • Year Built: 1983
Summary
Location and General Information
  • Community Features: BasketballCourt, Other, Playground, Pickleball, TennisCourts
  • Direction Faces: South
  • Directions: A1A to Mooringline Drive, west to Springline then turn North to Anchor gate. Through gate and then right out of round-about to first right onto Binnacle.
  • Postal City: Vero Beach
  • Zoning: ,
  • Zoning Description: Residential
  • Road Surface Type: Paved
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Driveway, Garage
Taxes and HOA Information
  • Association Amenities: DuesPaidQuarterly
  • Association Fee: $400.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: CommonAreas, Other, RecreationFacilities, Security
  • Association Name: Elliott Merrill
  • Tax Annual Amount: $21,333.00
  • Tax Assessed Value: 1544646
  • Tax Legal Description: MOORINGS UNIT 5 "THE ANCHOR" LOTS 128 & 129 PBI 9-98 TO 98D
  • Tax Lot: 128
  • Tax Year: 2025
Property
Lot Information
  • Lot Features: AdditionalLandAvailable, HalfToOneAcreLot, SplitPossible
  • Lot Size Dimensions: 0.86
  • Lot Size Range: 1/2 to 1 Acre
  • Lot Size Units: Acres
  • Living Area: 4,418.00
  • Living Area Range Source: Assessor
  • Parcel Number: 33402100008000000128.0
  • Living Area Source: Assessor
Property and Assessments
  • Construction Materials: Block, Concrete
  • Development Name: MOORINGS
  • Human Modified: Yes
  • New Construction: No
  • Property Attached: No
  • Property Sub Type: Detached
  • Security Features: GatedWithGuard, SecurityGuard, SmokeDetectors
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1983
  • Property Type: Residential
Utilities
  • Cooling: CentralAir
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Boat Dock Slip Description: Private Dock
  • Exterior Features: BuiltInBarbecue, Balcony, Barbecue, Porch
  • Patio And Porch Features: Covered, Porch
  • Pool Private: Yes
  • Pool Features: ElectricHeat, Heated, Pool, Private
  • Roof: Shake, Wood
  • View: Yes
  • Window Features: SingleHung, WindowTreatments
Interior Features
  • Appliances: BuiltInOven, Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 3
  • Door Features: FrenchDoors
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Tile, Wood
  • Interior Features: WetBar, CrownMolding, HighCeilings, KitchenIsland, Pantry, SplitBedrooms, FrenchDoorsAtriumDoors
  • Laundry Features: LowerLevel, InUnit
  • Levels: Two
  • Rooms Total: 12
Room Information
Room 1
  • Room Type 1: Porch
  • Room Dimensions 1: 21x10
Room 2
  • Room Type 2: Den
  • Room Dimensions 2: 15x12
Room 3
  • Room Type 3: BreakfastRoomNook
  • Room Dimensions 3: 16x8
Room 4
  • Room Type 4: Foyer
  • Room Dimensions 4: 22x6
Room 5
  • Room Type 5: Bedroom
  • Room Dimensions 5: 15x12
Room 6
  • Room Type 6: DiningRoom
  • Room Dimensions 6: 15x12
Room 7
  • Room Type 7: Porch
  • Room Dimensions 7: 37x19
Room 8
  • Room Type 8: Bedroom
  • Room Dimensions 8: 20x11
Room 9
  • Room Type 9: Kitchen
  • Room Dimensions 9: 17x12
Room 10
  • Room Type 10: Patio
  • Room Dimensions 10: 60x32
Room 11
  • Room Type 11: Bedroom
  • Room Dimensions 11: 20x17
Room 12
  • Room Type 12: LivingRoom
  • Room Dimensions 12: 27x20
MultiFamily
Multi-Family Information
  • Unit Location: 1
Rental Information
Rent Information
  • Restrictions: ExteriorAlterations, NoMotorcycles, NoRv, OkToLease

Property History for 229 Binnacle Point

DateEvent & SourcePriceAppreciation
May 14, 2026

Sold

RAIRCMLS #295351

$5,525,000—
May 13, 2026

Sold (Public Record)

Public Record #1940072157

$5,525,000—
May 13, 2026

Sold (Public Record)

Public Record #1939215158

$5,525,000—
DateEvent & SourcePrice
05/14/2026

Sold

RAIRCMLS #295351

$5,525,000
05/13/2026

Sold (Public Record)

Public Record #1940072157

$5,525,000
05/13/2026

Sold (Public Record)

Public Record #1939215158

$5,525,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 229 Binnacle Point

Taxable ValueLand-Additions-Total-
Tax Record2025$21,514 ($1,793 / month)
Home Facts
Beds4Total Finished SqFt4,418 SqFtAbove Grade Finished SqFt4,418 SqFtStories1Lot Size37,462 SqFtStyleSingle Family ResidenceYear Built1983ZoningRS-3CountyINDIAN RIVERAPN33-40-21-00008-0000-00128.0Fireplace TypeTwo Story

Schools near 229 Binnacle Point

This home is within Indian River.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Beachland Elementary School
PublicPK to 5

Gifford Middle School
Public6 to 8

Vero Beach High School
Public9 to 12

Osceola Magnet School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 229 Binnacle Point, Vero Beach, FL 32963
$5,525,000
3
4,418
–
$1,600,000
4
3
4,054
22,216
$1,000,000
3
–
–
$2,900,000
5
5,682
–
$2,200,000
7
5
3,230
17,860
$950,000
3
2,804
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Moorings Realty Sales Co.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.