NOT LISTED FOR SALE

480 Sail Ln Unit 603 Merritt Island, FL 32953

Estimated Value: $438,783 - $586,000

3 Beds
2 Baths
2,048 Sq Ft
2,614 Sq Ft Lot

Highlights

  • Gated with Attendant
  • River Front
  • Balcony
  • In Ground Pool
  • Open Floorplan
  • Hurricane or Storm Shutters

About This Home

As of February 2019

WELL MAINTAINED EXECUTIVE CONDO AT GATED ISLAND POINTE, NEWER CARPET, GRANITE COUNTERS, EAT IN KITCHEN AREA AND LARGE PANTRY, MOVABLE ISLAND, CEILING FANS, SHUTTERS, JETTED TUB IN MASTER BATHROOM, SEPARATE LAUNDRY ROOM, PRIVATE GARAGE WITH EXTRA STORAGE SPACE, COMMUNITY FEATURES GUARD/GATED, TWO POOLS, TENNIS COURTS, BASKETBALL COURTS, EXERCISE ROOM, MEETING ROOMS, ASSOCIATION HAS SEPARATE APPLICATION/APPROVAL PROCESS AFTER OWNER APPROVES $50/PER PERSON AND NEED TIME TO PROCESS. FIRM NO PETS, NO SMOKING

Last Agent to Rent the Property

Debra Campbell

Florida Lifestyle Realty LLC License #430115 Listed on: 10/02/2018

Last Renter's Agent

Debra Campbell

Florida Lifestyle Realty LLC License #430115 Listed on: 10/02/2018

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,641

Year Built

  • Built in 2004

Lot Details

  • River Front
  • West Facing Home

Parking

  • 1 Car Garage

Interior Spaces

  • 2,048 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Property Available on 11/2/18
  • Court or third-party approval is required for the sale
  • The owner pays for grounds care, pest control, pool maintenance, taxes
  • Rent includes cable TV, sewer, water, trash collection
  • Assessor Parcel Number 24-36-35-00-00253.L-0000.00

Community Details

Overview

  • Property has a Home Owners Association
  • Island Pointe Condo Ph 1A Subdivision

Amenities

  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Secure Elevator
  • Hurricane or Storm Shutters

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,641

Year Built

Built in 2004

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Cable TV, Sewer, Water, Trash Collection
  • Owner Pays: Grounds Care, Pest Control, Pool Maintenance, Taxes
  • Available Date: 2018-11-02

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2004
  • Reso Property Sub Type: Condominium
  • Reso View: Water, Other
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Gated with Guard, Secured Elevator, Secured Lobby
  • ResoSpecialListingConditions: Third Party Approval
  • Subdivision Name: Island Pointe Condo Ph 1A
  • Carport Y N: No
  • Garage Yn: Yes
  • Location Tax and Legal Parcel Number2: 24-36-35-00-00253.L-0000.00
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 2048.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2613.6
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Laundry: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Utilities Sewer Available: Yes
  • Security Features Gated with Guard: Yes
  • Pets Allowed No: Yes
  • Utilities Electricity Available: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: In Ground
  • Acres: 0.06
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2457950
  • Parcel #: 24-36-35-00-00253.L-0000.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2024
Sold by
Nappi Mark J and Nappi Jana A
Bought by
Nappi Mark J and Nappi Jana A
Current Estimated Value
$523,196

Purchase Details

Closed on
Nov 9, 2011
Sold by
Nappi Mark J and Nappi Jana A
Bought by
Nappi Mark J and Nappi Jana A

Purchase Details

Closed on
May 14, 2008
Sold by
Weinberg Thomas W and Runyan Gary G
Bought by
Nappi Mark J and Nappi Jana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.86%

Purchase Details

Closed on
Jan 11, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Weinberg Thomas W and Runyan Gary G
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Nappi Mark J $100 None Listed On Document
Nappi Mark J $100 None Listed On Document
Nappi Mark J -- Attorney
Nappi Mark J $370,000 Aurora Title
Weinberg Thomas W $364,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nappi Mark J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Off Market $2,200 -- --
02/15/2019 02/15/19 Rented $2,200 0.0% --
10/02/2018 10/02/18 For Rent $2,200 +10.0% --
10/05/2017 10/05/17 Rented $2,000 0.0% --
06/17/2017 06/17/17 For Rent $2,000 -- --
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
2025 $5,641 $360,890 -- --
2024 $5,485 $431,000 -- --
2023 $5,485 $420,650 $0 $420,650
2022 $4,835 $381,430 $0 $0
2021 $4,640 $315,490 $0 $315,490
2020 $4,757 $335,010 $0 $335,010
2019 $4,487 $310,780 $0 $310,780
2018 $4,335 $301,120 $0 $301,120
2017 $4,355 $309,310 $0 $309,310
2016 $4,187 $284,160 $0 $0
2015 $3,950 $192,990 $0 $0
2014 $3,601 $175,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 826057

Space Coast MLS (Space Coast Association of REALTORS®)

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