$659,953

480 Sail Ln Unit 705 Merritt Island, FL 32953

Estimated payment $5,366/month

Total Views 5,499
3 Beds
2 Baths
2,048 Sq Ft
$322 Price per Sq Ft

Highlights

  • Property fronts an intracoastal waterway
  • 24-Hour Security
  • Screened Porch
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Home

Spectacular penthouse views across the Intracoastal span from sunrise to sunset. Beautifully appointed home incorporates over 2,000 s/f of luxe finishes including neutral LVP flooring throughout, marble-look entry tile, and fresh interior paint. Spacious kitchen features high-end cherry cabinetry with granite counters, task lighting, stainless steel appliance suite and Fisher-Paykel dishwasher drawers. Airy owner's suite opens to covered porch where you can watch dolphin below and space launches above. This is truly paradise! Rich resort-style amenities to pamper yourself including swimming, fitness, sauna, tennis, and more. Stroll the riverfront boardwalk, indulge yourself with the Island Pointe lifestyle. Minutes to shopping, dining and beaches.

Listing Agent

Michelle Farr

One Sotheby's International License #3343028 Listed on: 03/29/2025

One Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,815

Year Built

  • Built in 2004

Lot Details

  • Property fronts an intracoastal waterway
  • River Front
  • Street terminates at a dead end
  • Northwest Facing Home

HOA Fees

  • $1,236 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • 2,048 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Screened Porch
  • Vinyl Flooring
  • Intracoastal Views

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pest control, security, sewer, trash, water
  • Island Pointe Condominium Association, Phone Number (321) 806-4908
  • Island Pointe Condo Ph 1A Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Clubhouse
  • Secure Lobby
  • Elevator

Recreation

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

Pet Policy

  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • 24 Hour Access
  • Phone Entry
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,815

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,236 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit, Sink
  • ResoLotFeatures: Dead End Street, Irregular Lot
  • Reso View: Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: 24 Hour Security, Gated with Guard, Smoke Detector(s), Entry Phone/Intercom, Secured Lobby
  • Reso Association Amenities: Basketball Court, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Management - Full Time, Management - Off Site, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trash, Water
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water
  • 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.U-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: 5815.37
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 2048.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Lot Size Square Feet2: 2178.0
  • 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: Northwest
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Total Number Of Pets: 2
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Number Limit: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Living Room: Yes
  • General Property Information Stories Total: 7
  • General Property Information Association Phone: 321-806-4908
  • Levels Three Or More: Yes
  • Security Features Secured Lobby: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Flooring Vinyl: Yes
  • Pets Allowed Dogs OK: Yes
  • Security Features Gated with Guard: Yes
  • View Intracoastal: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • General Property Information CDD Fee YN: No
  • Association Amenities Security2: Yes
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Waterfront Features Intracoastal2: Yes
  • Security Features 24 Hour Security: Yes
  • General Property Information:Pool Private YN: No
  • Community Features Gated4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Elevator, Entrance Foyer, His and Hers Closets, Kitchen Island, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Vinyl
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 1
  • Stories: 7
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: 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
  • Interior Features:Elevator: Yes
  • Laundry Features:In Unit: Yes
  • Room Types Bedroom 1 Level: Main
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Acres: 0.05
  • Pool Private: No
  • Waterfront Features: River Front, Intracoastal
  • Waterfront: Yes
  • Construction Type: Block, Stucco
  • Direction Faces: Northwest
  • Patio And Porch Features: Covered, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Irregular Lot: Yes
  • Waterfront Features:River Front: Yes
  • Patio And Porch Features:Covered2: 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 Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1235.81
  • Association Fee Frequency: Monthly
  • Association Name: Island Pointe Condominium Association
  • Phone: 321-806-4908
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Island Pointe Condominium Association
  • General Property Information:Association Fee: 1235.81
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Insurance: 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: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
  • Association Amenities:Gated2: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2457959
  • Parcel #: 24-36-35-00-00253.U-0000.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5815.37

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Map

Range of Values:

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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
2023 $5,828 $430,150 $0 $430,150
2022 $5,164 $390,930 $0 $0
2021 $4,685 $318,980 $0 $318,980
2020 $5,049 $343,390 $0 $343,390
2019 $4,730 $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

Property History

Date Event Price Change Sq Ft Price
03/29/2025 03/29/25 For Sale $659,953 +25.7% $322 / Sq Ft
02/25/2022 02/25/22 Sold $525,000 +1.0% $256 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/21/2022 01/21/22 Price Changed $520,000 -3.7% $254 / Sq Ft
01/17/2022 01/17/22 For Sale $540,000 0.0% $264 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $540,000 +22.7% $264 / Sq Ft
05/28/2021 05/28/21 Sold $440,000 -2.2% $215 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $450,000 +26.8% $220 / Sq Ft
02/12/2018 02/12/18 Sold $355,000 -5.3% $173 / Sq Ft
01/23/2018 01/23/18 Pending -- -- --
01/12/2018 01/12/18 Price Changed $375,000 0.0% $183 / Sq Ft
01/12/2018 01/12/18 For Sale $375,000 +5.6% $183 / Sq Ft
12/31/2017 12/31/17 Off Market $355,000 -- --
10/23/2017 10/23/17 Price Changed $385,000 -3.5% $188 / Sq Ft
09/02/2017 09/02/17 Price Changed $399,000 -6.1% $195 / Sq Ft
07/25/2017 07/25/17 For Sale $425,000 -- $208 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $525,000 Fidelity National Title
Warranty Deed $440,000 Fidelity Natl Ttl Of Fl Inc
Warranty Deed $355,000 The Title Co Of Brevard Inc
Warranty Deed -- Attorney
Warranty Deed $560,000 --
Warranty Deed $389,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $265,000 New Conventional
Previous Owner $352,000 New Conventional
Previous Owner $350,910 Purchase Money Mortgage
Source: Public Records

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

MLS Number: 1041617

Space Coast MLS (Space Coast Association of REALTORS®)

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