NOT LISTED FOR SALE

480 Sail Ln Unit 503 Merritt Island, FL 32953

Estimated Value: $462,750 - $565,000

3 Beds
2 Baths
2,065 Sq Ft
$919/mo HOA Fee

Last Sold June 30, 2023

Last sale price $528,000 $256 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,992/month

163 Days on Market

Highlights

  • Boat Dock
  • Gated with Attendant
  • River View
  • Fitness Center
  • Heated In Ground Pool
  • Open Floorplan

About This Home

As of June 2023

Welcome to your own slice of PARADISE, where you can see the Indian River from every window!
This gorgeous 3 bedroom, 2 bath luxury condominium will be on the market eager to meet its new owners.
Featured with over 2,000 sqft, luxury vinyl plank and ceramic tile flooring, an Oasis Nano UV air purifier that has been added to the HVAC, a NEW washer and dryer, massive bathrooms, large balcony overlooking the river, heavy storm resistant shutters with easy installment (such as the click of a button), 9ft ceilings, and an attached, covered 1 car garage. This home has it all!
Wind-down in the evening by stepping onto your over-sized balcony with your favorite beverage and watch the sunset, rocket launches, dolphins, and manatees from the comfort of your own home Island Pointe Luxury Condominium is equipped with 2 heated pools with hot tubs, a boardwalk surrounding the property for easy strolling, 2 tennis courts, 2 basketball courts, a pickleball court an exercise room, a library, and a sauna!! Your cable, water, and internet is included in your HOA too! What more could you possibly need?! '||chr(10)||'Whether you want to be minutes from the Space Center or the beach or even the grocery store, this Condo is conveniently and centrally located in Merritt Island. '||chr(10)||'Schedule your showing today!

Last Agent to Sell the Property

Briana Bernal

Real Broker LLC License #3426310 Listed on: 05/19/2023

Last Buyer's Agent

Bradley Griffin

Weichert REALTORS Hallmark Pro

Weichert REALTORS Hallmark Pro

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,078

Year Built

  • Built in 2004

Lot Details

  • River Front
  • East Facing Home

HOA Fees

  • $919 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Frame Construction
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,065 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Great Room
  • River Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-00-00253.E-0000.00

Community Details

Overview

  • Association fees include cable TV, insurance, internet, pest control, security, sewer, trash, water
  • Fairway Management Deanna Thomas Association, Phone Number (321) 777-7575
  • Island Pointe Condo Ph 1A Subdivision
  • Maintained Community
  • Car Wash Area
  • 7-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby
  • Elevator

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Gated with Attendant
  • Secure Elevator
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,078

Year Built

Built in 2004

Lot Details

0

HOA Fees

$919 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Fire Sprinkler System, Gated with Guard, Security Gate, Smoke Detector(s), Secured Elevator, Secured Lobby
  • Reso Association Amenities: Basketball Court, Boat Dock, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Management - Full Time, Management - Off Site, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Pointe Condo Ph 1A
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-35-00-00253.E-0000.00
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 2077.91
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2065.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2614.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: 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
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 7
  • General Property Information Association Phone: 321-777-7575
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Pool Features Electric Heat: Yes
  • Flooring Vinyl: Yes
  • Security Features Gated with Guard: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Elevator, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Vinyl
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 7
  • 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:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, Electric Heat, In Ground
  • Roof: Membrane, Other
  • Acres: 0.06
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Covered, Garage, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected
  • Heating: Central, Electric, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 918.81
  • Association Fee Frequency: Monthly
  • Association Name: Fairway Management Deanna Thomas
  • Phone: 321-777-7575
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Fairway Management Deanna Thomas
  • General Property Information:Association Fee: 918.81
  • 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:Insurance: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2457943
  • Parcel #: 24-36-35-00-00253.E-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2077.91

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 30, 2023
Sold by
Lord Richard K and Simone Evadne
Bought by
Comfort Susan
Seller's Agent
Briana Bernal
Real Broker LLC
Buyer's Agent
Bradley Griffin
Weichert REALTORS Hallmark Pro
List Price
$535,000
Sold Price
$528,000
Premium/Discount to List
-$7,000
-1.31%
Views
98
Current Estimated Value
$522,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,274
Avg. Annual Appreciation
-0.93%

Purchase Details

Closed on
Jul 2, 2008
Sold by
Bobbitt Mary C
Bought by
Lord Richard K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.96%

Purchase Details

Closed on
Jan 26, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Bobbitt Mary C
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Comfort Susan $528,000 None Listed On Document
Lord Richard K $325,000 International Title & Escrow
Bobbitt Mary C $390,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lord Richard K $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $528,000 -1.3% $256 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $535,000 0.0% $259 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $535,000 -1.8% $259 / Sq Ft
03/05/2023 03/05/23 Price Changed $545,000 -2.3% $264 / Sq Ft
01/06/2023 01/06/23 For Sale $558,000 -- $270 / 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
2023 $2,230 $172,640 $0 $0
2022 $2,078 $167,620 $0 $0
2021 $2,148 $162,740 $0 $0
2020 $2,085 $160,500 $0 $0
2019 $2,042 $156,900 $0 $0
2018 $2,042 $153,980 $0 $0
2017 $2,052 $150,820 $0 $0
2016 $2,080 $147,720 $0 $0
2015 $2,139 $146,700 $0 $0
2014 $2,151 $145,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Briana Bernal

    Seller's Agent in 2023

    Briana Bernal

    Real Broker LLC

    (321) 917-8020

    1 in this area

    6 Total Sales

    Section Image
  • Bradley Griffin

    Buyer's Agent in 2023

    Bradley Griffin

    Weichert REALTORS Hallmark Pro

    (321) 443-1360

    1 in this area

    33 Total Sales

    Section Image
See All Agents

Map

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

MLS Number: 953864

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-00-00253.E-0000.00

Florida Brevard County Merritt Island 32953

480 Sail Ln Unit 503, Merritt Island, FL

This home is located at 480 Sail Ln Unit 503, Merritt Island, FL 32953 since 19 May 2023 and is currently estimated at $515,688, approximately $249 per square foot. This property was built in 2004. 480 Sail Ln Unit 503 is a home located in Brevard County with nearby schools including Mila 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.

Space Coast MLS (Space Coast Association of REALTORS®) 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.

Nearby Homes