V I P Vacation Island Play Homes for Sale

V I P Vacation Island Play is a residential community in Grant-Valkaria, Florida.

Pure Equity Realty covers V I P Vacation Island Play and the Grant-Valkaria area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 4 V I P Vacation Island Play Grant-Valkaria homes for sale as of October 2026. The median asking price is $625,000. Asking prices run from $555,000 to $749,000.

That sits close to the Grant-Valkaria median of $599,000. On a per-foot basis, homes here ask about $458 per square foot, compared with $406 across Grant-Valkaria. So the median price buys roughly 1,350 square feet of living area.

Listings here have averaged 21 days on the market. That is faster than the Grant-Valkaria average of 101 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in V I P Vacation Island Play date from 1983 to 1991. That puts them between 35 and 43 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median V I P Vacation Island Play price means in Florida closing terms. At $625,000, a 20% down payment comes to about $125,000, leaving a loan near $500,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,750. Next, the intangible tax of 0.2% adds about $1,000. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the V I P Vacation Island Play median, that is about $4,374.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.