229 Binnacle Point Vero Beach, FL $ 6,250,000
229 Binnacle Point
$ 6,250,000
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229 Binnacle Point

Vero Beach, FL, 32963
$ 6,250,000
Bedrooms3 Baths3.1 Sq 4,418

Monthly Estimate*

$ 38,482

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Single Family Home for sale in Vero Beach, FL

for $6,250,000 with 3 bedrooms and 3 full baths, 1 half bath. This 4,418 square foot home was built in 1983.

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.

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Single Family Active

Price

$ 6,250,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 21,333

Style

Year Built

1983

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

295351

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shake Wood
Appliances Built-In Oven Cooktop Dryer Dishwasher Electric Water Heater Disposal Microwave Refrigerator Washer
HOA Fee 400
Garage Spaces 2
Patio/Porch Features Covered Porch
Architectural Style Two Story
Pool Features Electric Heat Heated Pool Private
Security Features Gated with Guard Security Guard Smoke Detector(s)
Construction Materials Block Concrete
Pets Allowed Yes
Year Built 1983
View Intercoastal River
Stories Count 2
Levels Two
Property Subtype Detached
Ownership Single Family/Other
Parcel Number 33402100008000000128.0
Waterfront Features Intracoastal Access River Front Seawall Beach Access
County Indian River
New Construction false
Property Type Residential
Subdivision Name ANCHOR THE MOORINGS
Facing Direction South
Garage Y/N true
Total Rooms 6
Full Baths 3
Status Active
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.
City Vero Beach
Disclosures First Right of Refusal
Association Name Elliott Merrill
MLS Area Beach South
Lot Size Units Acres
Property Attached Y/N false
Standard Status Active
Property Sub Type Additional Detached
Legal Description MOORINGS UNIT 5 "THE ANCHOR" LOTS 128 & 129 PBI 9-98 TO 98D
Tax Year 2025
Community Features Basketball Court Other Playground Pickleball Tennis Court(s)
Zoning Description Residential
Tax Annual Amount 21333
Tax Assessed Value 1544646
Association Fee Includes Common Areas Other Recreation Facilities Security
Association Amenities Dues Paid Quarterly
Virtual Tour https://slideshows.toursandslides.com/229-binnacle-point https://slideshows.toursandslides.com/229-binnacle-point
Tax Lot 128
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Interior
Flooring Carpet Tile Wood
Furnished Y/N Negotiable
Total Fireplaces 1
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung Window Treatments
Fireplace Y/N true
Half Baths 1
Laundry Features Lower Level In Unit
Total Bedrooms 3
Total Baths 4
Interior Amenities Wet Bar Crown Molding High Ceilings Kitchen Island Pantry Split Bedrooms French Door(s)/Atrium Door(s)
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Exterior
Exterior Amenities Built-in Barbecue Balcony Barbecue Porch
Parking Features Driveway Garage
Water Source Public
Waterfront Y/N true
Lot Features Additional Land Available 1/2 to 1 Acre Lot Split Possible
Door Features French Doors
Road Surface Type Paved
Lot Dimensions 0.86
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* Excluded Features
List By
The Moorings Realty Sales Co.

Broker

772-231-5131

Contact

Affordability Calculator

$40,260
Per Month
96%
4%
0%
Monthly Principal & Interest
$38,482
Monthly Property Taxes
$1,778
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$6,250,000 Listed Price

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229 Binnacle Point, Vero Beach, FL, 32963 is a Single Family Home for sale at $6,250,000 with 4,418 sqft. 229 Binnacle Point has 3 bedrooms, 3.1 baths, and was built in 1983. The property's zip code is 32963 which is in Vero Beach, FL