NOT LISTED FOR SALE

480 Sail Ln Unit 702 Merritt Island, FL 32953

Estimated Value: $478,671 - $619,000

3 Beds
2 Baths
2,048 Sq Ft
$645/mo HOA Fee

Last Sold January 04, 2022

Last sale price $485,000 $237 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,280/month

57 Days on Market

Highlights

  • Boat Dock
  • Intracoastal View
  • In Ground Pool
  • Fitness Center
  • Gated with Attendant
  • River Front

About This Home

As of January 2022

PENTHOUSE VIEWS! TURN KEY! FURNISHED! 7Th FLOOR! EXTREMELY CLEAN HOME! This GORGEOUS Condo overlooks the beautiful Indian River offering timeless sunsets. HOA paid till 2022. This 3 bed/2 bath has plenty of storage throughout, all rooms have large walk-in closets, the master offers two. The HUGE master bath has a large walk-in shower and a jetted tub! No need to waste time soaking, when you can relax on the spacious balcony and take in the views or have front row seats to all shuttle launches! Balcony is equip with storm shutters under warranty, making it easy to go on vacation, use as a 2nd home, or as an income property. Store your car & toys in the private garage. This upscale gated community has amenities galore - close to the Beach, the Port, MCO Airport, many Restaurants & Shops!

Last Agent to Sell the Property

Donna Gianotti-Kelley

Space Coast Realty & Inv. LLC License #3242222 Listed on: 11/24/2021

Last Buyer's Agent

Patricia Cincimino

Glover Properties License #3396494

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,871

Year Built

  • Built in 2004

Lot Details

  • River Front
  • Street terminates at a dead end
  • South Facing Home

HOA Fees

  • $645 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener

Property Views

  • Intracoastal
  • River
  • City

Home Design

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

Interior Spaces

  • 2,048 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • Association fees include security, trash
  • Fairway Mgmt. Jo Renner Ipofficefairwaymgmt.Com Association
  • Island Pointe Condo Ph 1A Subdivision
  • Maintained Community
  • Car Wash Area
  • 7-Story Property

Amenities

  • Community Barbecue Grill
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,871

Year Built

Built in 2004

Lot Details

0

HOA Fees

$645 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Asphalt
  • Reso View: City, River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Gated with Guard, Security Gate, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Barbecue, Basketball Court, Boat Dock, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Reso Association Fee Includes: Security, Trash
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Pointe Condo Ph 1A
  • Carport Y N: No
  • Entry Level: 7
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-35-00-00253.R-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: 4870.85
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2048.0
  • General Property Information Building Area Total3: 2048.0
  • 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: South
  • 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
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • General Property Information Stories Total: 7
  • Levels Three Or More: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Security Features Gated with Guard: Yes
  • View Intracoastal: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Elevator, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer, None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 7
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: 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
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Interior Features:Elevator: Yes
  • Appliances:None: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: In Ground
  • Roof: Membrane, Other
  • Acres: 0.06
  • Pool Private: No
  • Waterfront Features: River Front
  • 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
  • ConstructionSiding:Roof Membrane: Yes
  • View:River: Yes
  • View:City3: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • 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: 645.0
  • Association Fee Frequency: Monthly
  • Association Name: Fairway Mgmt. Jo Renner ipofficefairwaymgmt.com
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Fairway Mgmt. Jo Renner ipofficefairwaymgmt.com
  • General Property Information:Association Fee: 645.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Security: 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:Trash: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2457956
  • Parcel #: 24-36-35-00-00253.R-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4870.85

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 4, 2022
Sold by
Griffin Deirdre K
Bought by
Wood Don Julian and Wood Deborah Lynne
Seller's Agent
Donna Gianotti-Kelley
Space Coast Realty & Inv. LLC
Buyer's Agent
Patricia Cincimino
Glover Properties
List Price
$490,000
Sold Price
$485,000
Premium/Discount to List
-$5,000
-1.02%
Current Estimated Value
$570,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,127
Avg. Annual Appreciation
3.21%

Purchase Details

Closed on
May 25, 2021
Sold by
Mcgurrin Stoney
Bought by
Griffin Deirdre K and Howard Daniel D

Purchase Details

Closed on
Feb 12, 2021
Sold by
Mcgurrin Stoney
Bought by
Griffin Deirdre K and Howard Daniel D

Purchase Details

Closed on
Mar 30, 2010
Sold by
Weese Kareta L
Bought by
Setman V George L

Purchase Details

Closed on
Mar 19, 2010
Sold by
Setman V George L
Bought by
Mcgurrin Stoney

Purchase Details

Closed on
Dec 15, 2004
Sold by
Setman V George L and Weese Kareta L
Bought by
Setman V George L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,910
Interest Rate
4.12%
Source: Public Records

Range of Values:

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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
Wood Don Julian $485,000 New Title Company Name
Griffin Deirdre K -- Accommodation
Griffin Deirdre K -- None Available
Setman V George L -- Donna Harris For Landmark Ti
Mcgurrin Stoney $249,000 Landmark Title Agency Inc
Setman V George L -- --
Setman V George $389,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Setman V George L $350,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Sold $485,000 -1.0% $237 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $490,000 0.0% $239 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $490,000 -- $239 / 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 $5,828 $430,150 $0 $430,150
2022 $5,164 $390,930 $0 $0
2021 $4,685 $318,980 $0 $318,980
2020 $4,871 $343,390 $0 $343,390
2019 $4,558 $312,610 $0 $312,610
2018 $4,402 $302,900 $0 $302,900
2017 $4,458 $316,850 $0 $316,850
2016 $4,286 $291,090 $0 $0
2015 $4,043 $198,310 $0 $0
2014 $3,685 $180,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donna Gianotti-Kelley

    Seller's Agent in 2022

    Donna Gianotti-Kelley

    Space Coast Realty & Inv. LLC

    (321) 806-6362

    27 in this area

    138 Total Sales

    Section Image
  • Patricia Cincimino

    Buyer's Agent in 2022

    Patricia Cincimino

    Glover Properties

    (321) 446-5568

    3 in this area

    38 Total Sales

    Section Image
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Map

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

MLS Number: 918738

Space Coast MLS (Space Coast Association of REALTORS®)

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

Florida Brevard County Merritt Island 32953

480 Sail Ln Unit 702, Merritt Island, FL

This home is located at 480 Sail Ln Unit 702, Merritt Island, FL 32953 since 24 November 2021 and is currently estimated at $543,168, approximately $265 per square foot. This property was built in 2004. 480 Sail Ln Unit 702 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.

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