Private Island Compound in Brevard County Hits the Market for $4,499,983, Breaking Local Record Listing Price

MELBOURNE, Fla., March 14, 2022 /PRNewswire-PRWeb/ -- Engel & Völkers Florida today announced the co-listing of 1 Grant Island in Grant-Valkaria, represented by real estate advisors, Marcie Bolt and Sherri Jacobs with Engel & Völkers Melbourne Beachside. With an asking price of $4,499,983, the compound has broken the local record for both the private island and town itself.

"If you're looking for a private home to get away from the rest of the world, this private island compound will let you hear your own thoughts," said Jacobs. "The wood work is mesmerizing in the sunlight and will take you to a different place. I'm excited to list and showcase this beautiful property locally as well as around the world with Engel & Völkers, to find that special person who can appreciate the uniqueness of this tropical island hideaway."

The one-acre, double lot boasts a 4,885 square foot main house, guest cottage and additional working quarters. There is also an adjacent lot available for purchase to expand the compound. The custom-made buildings are constructed of exotic purpleheart, greenheart, and wallaba woods imported from South America. The main house is two-stories, with an atrium in-between the east and west wing. It features wraparound terraces, floor-to-ceiling windows with hurricane glass that provide breathtaking 360-degree views of the sunrise and sunset. There are two private docks, including one on the east channel side of the property and another on the Intracoastal Waterway on the west side, as well as a private helipad.

"Since aligning with Engel & Völkers in 2018, my team and I have been able to confidently go after our market's most premium real estate to secure and represent the top listings," said Bolt. "I am proud to have recruited talented advisors, such as Sherri, so that we can team up from time to time on co-listings. Being part of such a collaborative network on a local and international level, in addition to its fresh approach to marketing, helps me enhance my offerings to best support my clients."

Bolt was the Broker/Owner of an independent, local brokerage, Tropic Coast Realty until she joined forces with Engel & Völkers in 2018 to open her first franchise, Engel & Völkers Melbourne Central. Since then, she has expanded with Engel & Völkers Melbourne Beachside.

"As the Florida real estate market continues to benefit from relocating buyers, Engel & Völkers has been the state leader in representing clients in selling luxury properties for record prices," said Peter Giese, CEO of Engel & Völkers Florida. "Since opening her second shop on the beachside of town, Marcie has grown her business significantly."

Nestled between Sebastian and Melbourne on the Indian River, Grant Farm Island was developed from the estate of John L. Smith in the late 1950's. The 50-acre island, about a half-mile long, was originally used for farming before the north end was developed as 'VIP Island' (Vacation Island Playground) in the 1960's by real estate agent Ronald Rathbun. Rathbun divided the land into 105 lots, 50 feet wide by 100 feet deep, which he sold for $1,995, or $10 down and $10 a month. The original plan was for a causeway to connect the island to both the mainland and the beaches, but the plan did not materialize, so it remains accessible only by boat or helicopter.

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Press contact:
Linzee Werkmeister, Junior Vice President, Marketing & Franchise Support
Email: Linzee.Werkmeister(at)evrealestate.com
Tel: (239) 348-9000

About Engel & Völkers:

Engel & Völkers is a global luxury real estate brand. Founded in Hamburg, Germany in 1977, Engel & Völkers draws on its rich European history to deliver a fresh approach to luxury real estate in the Americas with a focus on creating a personalized client experience at every stage of the home buying or selling process for today's savvy homeowner. Engel & Völkers currently operates approximately 240 shop locations with 5,000 real estate advisors in the Americas, contributing to the brand's global network of over 14,000 real estate professionals in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate and yachting. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs and platforms; as well as access to its global network of real estate professionals, property listings and market data. Each brokerage is independently owned and operated. For more information, visit http://www.evrealestate.com.

About Engel & Völkers Florida:

Engel & Völkers Florida is the Master License Partner of the global luxury real estate brand Engel & Völkers in the state of Florida. Recognized for uniquely recruiting, training and equipping some of the top professionals in the real estate industry, Engel & Völkers Florida's exclusive business model positions its franchisees at the top of the premium market to gain market share and support their bottom line. The company represents franchise locations in 44 markets: 30A Beaches, Amelia Island, Belleair, Boca Raton, Bonita Springs-Estero, Cape Coral, Clermont, Delray Beach, Destin, Fort Lauderdale, Fort Myers Downtown, Gainesville, Hollywood Beach, Islamorada, Jacksonville, Jacksonville Beach, Jupiter, Madeira Beach, Marco Island, Melbourne Beachside, Melbourne Central, Melbourne Downtown, Miami Coconut Grove, Neptune Beach, Ocala, Olde Naples, Orlando, Orlando Downtown, Orlando-Winter Park, Palm Beach, Palm Coast, Pompano Beach, Ponte Vedra Beach, Sarasota, South Tampa, St. Augustine, St. Pete, St. Pete Beach, Stuart, Tampa Water Street, Venice Downtown, Vero Beach, Wellington, and Windermere.

Engel & Völkers Florida is continuing to strategically strengthen and expand its presence in premium real estate markets across the state of Florida. If you would like to know more about the Engel & Völkers brand or how to join its global network—which is known for demonstrating competence, exclusivity and passion, feel free to call our corporate office, located at 633 Tamiami Trl N, Suite 201, Naples, FL 34102 USA. Tel: +1 239-348-9000.

For more information about Engel & Völkers Florida, please visit http://www.florida.evrealestate.com

Media Contact

Linzee Werkmeister, Engel & Völkers Florida, 239.348.9000, [email protected]

SOURCE Engel & Völkers Florida