229 Binnacle Point
Vero Beach, FL 32963
3
Bed
4
Bath
4,418Sqft
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.
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 4 Full Baths: 3 Half Baths: 1Room Information
Rooms Total: 12Roofing Information
Shake, WoodFlooring Information
Carpet, Tile, Wood -
Interior Features
WetBar, CrownMolding, HighCeilings, KitchenIsland, Pantry, SplitBedrooms, FrenchDoorsAtriumDoorsRoof: Shake, WoodAppliances: BuiltInOven, Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Refrigerator, WasherLaundry Features: LowerLevel, InUnitWindow Features: SingleHung, WindowTreatments -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir Water front: 1
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Building Information
Year Built: 1983Construction Materials: Block, ConcreteStories: 2Patio And Porch Features: Covered, PorchPool Features: ElectricHeat, Heated, Pool, PrivatePrivate Pool: YesWater front Features: IntracoastalAccess,RiverFront,Seawall,BeachAccessView: Intercoastal, RiverAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: BuiltInBarbecue, Balcony, Barbecue, Porch
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Lot Information
Lot Dimensions: 0.86 Lot Description: AdditionalLandAvailable,HalfToOneAcreLot,SplitPossibleProperty Information
Subdivision: ANCHOR THE MOORINGS Source Property Type: Residential Zoning Description: Residential Property SubType: Detached Direction Faces: South Levels: Two Property Age: 43
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Listing Price Information
Listing Price: $6250000Cash, NewLoan
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Tax Information
Parcel Number: 33402100008000000128.0 Tax Lot: 128 Tax Year: 2025 Annual Tax: $21333 Tax Legal Desc: MOORINGS UNIT 5 "THE ANCHOR" LOTS 128 & 129 PBI 9-98 TO 98D
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Virtual Tour
Parking Information
Driveway, GarageGarage Information
Has Garage: Yes Garage Space: 2 Pets Allowed: YesHomeowners Association Information
Included Fees: CommonAreas, Other, RecreationFacilities, SecurityHOA: $400.00Association Amenities: DuesPaidQuarterlyCommunity Features: BasketballCourt, Other, Playground, Pickleball, TennisCourts
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Location Information
Direction: 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. WaterSource: Public Security Features: GatedWithGuard,SecurityGuard,SmokeDetectors
At $1,414.67 per sq.ft.,this listing is priced below average compared to other homes from Vero Beach.
The average homes price in Vero Beach is $370202.62 with avg. price / sq.ft of $2102.04.
The average homes price in Indian River County is $373818.81 with avg. price / sq.ft of $2100.74.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1375 Admirals Walk, Vero Beach, FL, 32963 | $1,150,000 | 4 | 3 | 2,326 | 2,326 SqFt |
| 920 River Trail, Vero Beach, FL, 32963 | $1,495,000 | 4 | 4 | 3,620 | 3,620 SqFt |
| 600 Honeysuckle Lane, Vero Beach, FL, 32963 | $1,600,000 | 3 | 2 | 2,682 | 2,682 SqFt |
| 173 Silver Moss Drive, Vero Beach, FL, 32963 | $2,935,000 | 3 | 2 | 1,910 | 1,910 SqFt |
| 520 Palm Island Lane, Vero Beach, FL, 32963 | $3,375,000 | 4 | 5 | 4,150 | 4,150 SqFt |
| 1332 W Island Club Square, Vero Beach, FL, 32963 | $899,000 | 3 | 2 | 2,702 | 2,702 SqFt |
| 727 Shore Drive, Vero Beach, FL, 32963 | $1,599,000 | 3 | 3 | 2,080 | 2,080 SqFt |
| 9241 Seaglass Court, Vero Beach, FL, 32963 | $2,318,000 | 3 | 3 | 2,720 | 2,720 SqFt |
| 3554 Ocean Drive #403N, Vero Beach, FL, 32963 | $1,075,000 | 2 | 2 | 1,112 | 1,112 SqFt |
| 233 Silver Moss Drive, Vero Beach, FL, 32963 | $3,150,000 | 2 | 2 | 1,925 | 1,925 SqFt |
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The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the REALTORS Association of Indian River County, Inc.®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 REALTORS Association of Indian River County, Inc.®. All rights reserved.
ByOwner last updated this listing 04/07/2026 @ 02:05
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