$545,000
SOLD JUN 30, 2022

202 Ivory Coral Ln Unit 405 Merritt Island, FL 32953

3 Beds
2 Baths
1,266 Sq Ft
$616/mo HOA Fee

Recently Sold

$430 Per Sq Ft

5% Below List Price

76 Days on Market

Highlights

  • Home fronts navigable water
  • Boat Ramp
  • Heated In Ground Pool
  • Lewis Carroll Elementary School Rated A-
  • Fitness Center
  • River View

About This Home

As of June 2022

***72 hour kick out clause in effect*** Here is the ONLY condo for sale at Cape Crossing resort! Why wait for new construction when you can move in NOW to this gorgeous FULLY FURNISHED 3 bedrooms, 2 bath condo? This unit has luxurious finishes including high end quarts counter tops, wood tile flooring throughout, SS appliances, 5 1/4 inch baseboards and impact rated windows located in the resort community of Cape Crossing! Watch the dolphins swim by, or relax and watch the breathtaking rocket launches from your spacious balcony. Shared amenities include pool, hot tub, gym, clubhouse and sauna and a full service waterfront restaurant will be opening soon! Take the elevator downstairs to your boat and just go since there are boat slips available on site for a monthly fee. Navigational waterway just minutes to the Port Canaveral. Relax in your own resort community with kayak, SUP, and other water toys available through the onsite rental company. On site management makes this purchase a hassle free investment or you can live here all year round. These beautiful condos RARELY come to the market, so get it while you can! Only 35 min to Orlando Airport and about an hour to Disney parks. Bring all offers!

Last Agent to Sell the Property

Ellen Krall

Blue Marlin Real Estate License #3293068 Listed on: 04/05/2022

Blue Marlin Real Estate

Co-Listed By

Eric Krall

Blue Marlin Real Estate License #3198941

Last Buyer's Agent

Justin Luke

Blue Marlin Real Estate License #3234313

Blue Marlin Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,348

Year Built

  • Built in 2020

Lot Details

  • Home fronts navigable water
  • Home fronts a canal
  • South Facing Home

HOA Fees

  • $616 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • River
  • Canal

Home Design

  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,266 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Boat Ramp
  • Balcony

Schools

  • Carroll Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-36-11-00-05062.6-0000.00

Community Details

Overview

  • Association fees include cable TV, internet, pest control, sewer, trash, water
  • David Ruiz Druiztieredcapital.Com Association
  • Cape Crossing Subdivision
  • Maintained Community
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Secure Lobby
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,348

Year Built

Built in 2020

Lot Details

0

HOA Fees

$616 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: Canal, River, Water
  • ResoSecurityFeatures: Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Barbecue, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Sauna, Spa/Hot Tub
  • Reso Association Fee Includes: Cable TV, Internet, Pest Control, Sewer, Trash, Water
  • Co List Office Mls Id: obkma
  • Co List Office Phone: 321-877-2902
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cape Crossing
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-11-00-05062.6-0000.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 4348.1
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1266.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 6
  • Levels Three Or More: Yes
  • Security Features Secured Lobby: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Pool Features Gas Heat: Yes
  • ViewCanal: Yes
  • Exterior Features Boat Ramp - Private: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Elevator, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Tile
  • Spa Features: In Ground
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 6
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Exterior Features: Balcony, Boat Ramp - Private
  • Pool Features: Community, Gas Heat, In Ground
  • Roof: Other
  • Waterfront Features: Canal Front, Navigable Water, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • View:River: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Underground, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 616.12
  • Association Fee Frequency: Monthly
  • Association Name: David Ruiz druiztieredcapital.com
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: David Ruiz druiztieredcapital.com
  • General Property Information:Association Fee: 616.12
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Additional Parcels Description: 3021471
  • Parcel #: 24-36-11-00-05062.6-0000.00

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4348.1

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Jun 30, 2022
Sold by
Snow Vacation Properties Llc
Bought by
Sunsoakedprops Llc
Seller's Agent
Ellen Krall
Blue Marlin Real Estate
Buyer's Agent
Justin Luke
Blue Marlin Real Estate
List Price
$574,900
Sold Price
$545,000
Premium/Discount to List
-$29,900
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.96%
Original Mortgage
$408,700
Outstanding Balance
$389,916
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$138,700

Purchase Details

Listed on
Apr 24, 2019
Closed on
Feb 27, 2020
Sold by
Canaveral Crossroads Llc
Bought by
Snow Vacation Properties Llc
Seller's Agent
Marcie Kiernan
Tropical Realty & Inv. of Brev
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$351,900
Sold Price
$351,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.56%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $545,000 On Point Title Services
Warranty Deed $351,900 Majesty Title Services Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Price Changed $534,900 -7.0% $423 / Sq Ft
10/18/2024 10/18/24 For Sale $575,000 +5.5% $454 / Sq Ft
06/30/2022 06/30/22 Sold $545,000 -5.2% $430 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $574,900 0.0% $454 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $574,900 +63.4% $454 / Sq Ft
02/28/2020 02/28/20 Sold $351,900 0.0% $278 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $351,900 -- $278 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,828 $481,000 -- --
2023 $5,828 $439,940 $0 $439,940
2022 $4,941 $439,200 $0 $0
2021 $4,348 $301,760 $0 $301,760
2020 $324 $10,000 $0 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 926430

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-11-00-05062.6-0000.00