$555,000
$20K PRICE DROP PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

202 Ivory Coral Ln Unit 507 Merritt Island, FL 32953

Estimated payment $3,983/month

Total Views 12,021
3 Beds
2 Baths
1,169 Sq Ft
$475 Price per Sq Ft

Highlights

  • Access To Intracoastal Waterway
  • Boat Ramp
  • Open Floorplan
  • Lewis Carroll Elementary School Rated A-
  • Fitness Center
  • Canal View

About This Home

Welcome to Cape Crossing Resort and Marina, ideally situated in North Merritt Island along the barge canal, providing quick access to many of Brevard's top attractions. Cape Crossing offers convenient entry to both the Indian and Banana River Lagoons, and is just minutes from the Port Canaveral locks. Whether you bring your own boat to one of our 145 slips or rent a boat, kayak, or paddleboard from our clubhouse, you're all set for a great time. Inside, you'll find an open floorplan with granite kitchen countertops, split bedrooms, and a stunning balcony view. Unwind by the pool at the clubhouse or relax in the sauna to melt your stress away. From your private balcony or even your couch, enjoy an unforgettable front-row seat to rocket launches. The on-site restaurant has waterfront dining and a tiki bar. Cape Crossing is a hidden gem on Merritt Island, and we can't wait to share it with you!

Listing Agent

Richard Lemon

KELLER WILLIAMS SPACE COAST Brokerage Phone: 321-450-5600 License #3220959 Listed on: 09/09/2024

KELLER WILLIAMS SPACE COAST

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,234

Year Built

  • Built in 2022

Lot Details

  • Property fronts a canal with brackish water
  • South Facing Home
  • Landscaped with Trees

HOA Fees

  • $616 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 5th floor
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,169 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • Open Parking

Accessible Home Design

  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Access To Intracoastal Waterway
  • Access To Marina
  • Access To Lagoon or Estuary
  • Property is near a marina
  • Access to Brackish Canal
  • Seawall
  • Boat Ramp
  • Open Dock
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Keystone Property Management Association, Phone Number (727) 569-7928
  • Mid-Rise Condominium
  • Cape Crossing Condos
  • Unit 507 Cape Crossing Condominium As Desc In Orb Subdivision
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Restaurant
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions
  • Small pets allowed

Security

  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,234

Year Built

Built in 2022

Lot Details

0

HOA Fees

$616 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Coastal
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1169
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 2022
  • Accessibility Features: Accessible Approach with Ramp, Accessible Doors, Accessible Entrance, Accessible Central Living Area
  • Building Area Total: 1169
  • Lot Size Sq Ft: 436
  • Directions to Property: Take Courtenay Pkwy North over the barge canal just past 528. Take a U turn at the first light and the entrance will be back over the barge canal on the right.
  • Status: Active
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow City: Merritt Island
  • Escrow Postal Code: 32952
  • Escrow State: FL
  • Escrow Street Name: S Courtenay Pkwy
  • Escrow Street Number: 390
  • Floor Number: 5
  • List Office Head Office Key Nume: 506209847
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 474.76
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Mid Rise
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Community Boat Ramp,Dock,Fishing,Marina,Private Boat Ramp,Water Access
  • Attribution Contact: 321-450-5600
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Stone Counters
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 6
  • Window Features: Drapes, Storm Window(s)
  • Street Number Modifier: 202
  • Living Area Meters: 108.60
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: BARGE CANAL
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Brackish,Intracoastal Waterway,Lagoon,Marina
  • Water Extras: Boat Ramp - Private,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: Private marina. Boat rentals available as well as kayaks and Canoes. Private boat ramp

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Pool, Restaurant, Sidewalks
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Sauna, Spa/Hot Tub
  • Association Name: Keystone Property Management
  • Phone: 727-569-7928
  • Association: No
  • Security: Fire Alarm, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: CAPE CROSSING
  • Pet Restrictions: No Aggressive breeds
  • Building Name Number: CAPE CROSSING
  • Condo Fees: 616
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 616
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 7392.00
  • Total Monthly Fees: 616.00

Lot Info

  • Zoning: RESI MULTI
  • Parcel Number: 3021480
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Near Marina
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 41

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Number Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Ask Listing Agent

Tax Info

  • Tax Annual Amount: 5234
  • Tax Block: 506.34
  • Tax Book Number: 8418/1832
  • Tax Lot: 00

Multi Family

  • Waterfront Features: Canal - Brackish

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $5,995 $466,080 -- --
2023 $5,234 $426,530 $0 $0
2022 $4,778 $422,280 $0 $0
2021 $4,217 $291,700 $0 $291,700
2020 $324 $10,000 $0 $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $555,000 0.0% $475 / Sq Ft
09/01/2025 09/01/25 Off Market $555,000 -- --
04/21/2025 04/21/25 Price Changed $555,000 -3.5% $475 / Sq Ft
09/09/2024 09/09/24 For Sale $575,000 -- $492 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Gilligan Gooding Batsel Anders
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 Stand Alone First
Previous Owner $16,250 Stand Alone Second
Source: Public Records

Source: Stellar MLS

MLS Number: TB8301965

Stellar MLS

APN: 24-36-11-00-05063.5-0000.00

Florida Brevard County Merritt Island 32953

202 Ivory Coral Ln Unit 507, Merritt Island, FL

This home is located at 202 Ivory Coral Ln Unit 507, Merritt Island, FL 32953 and is currently priced at $555,000, approximately $474 per square foot. This property was built in 2022. 202 Ivory Coral Ln Unit 507 is a home located in Brevard County with nearby schools including Lewis Carroll Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes
Richard Lemon
Listing Agent
Richard Lemon
Section Image
KELLER WILLIAMS SPACE COAST
(321) 381-5452