$525,000
SOLD FEB 25, 2022

480 Sail Ln Unit 705 Merritt Island, FL 32953

3 Beds
2 Baths
2,048 Sq Ft
$676/mo HOA Fee

Recently Sold

$256 Per Sq Ft

3% Below List Price

42 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • River Front
  • Intracoastal View
  • Heated In Ground Pool
  • Open Floorplan

About This Home

As of February 2022

Enjoy the stunning panoramic waterfront views of the Intracoastal Waterway from this high end, amenity packed, luxury TOP FLOOR condo located in prestigious Island Pointe. This 3 bedroom/2 bathroom condo features an eat-in kitchen with solid wood cabinetry, granite countertops, stainless steel appliances, movable island, pantry, nook & wrap-around breakfast bar! The open great room, with a wall of glass sliders, offers a view to the expansive patio balcony & the Indian River! The master suite allows you to enjoy the river view, has his & her walk-in closets and a REMODELED spa-like jetted soaking tub, walk in shower & dual sink vanity! There are 2 large guest bedrooms, including one with a full en suite bathroom, an inside laundry room & more: electric hurricane shutters, fresh interior... interior...

Last Agent to Sell the Property

Abby Chitty

Keller Williams Advantage Rlty License #3384722 Listed on: 01/17/2022

Keller Williams Advantage Rlty

Last Buyer's Agent

Anita Iannuzzi

RE/MAX Aerospace Realty License #3163666

RE/MAX Aerospace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 2004

Lot Details

  • River Front
  • West Facing Home

HOA Fees

  • $676 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,048 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch
  • Vinyl Flooring
  • Intracoastal Views

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Pool

  • Heated 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
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24 3635-00-252.A-.Xa

Community Details

Overview

  • Association fees include cable TV, internet
  • Mary Wathen Association
  • Maintained Community
  • 8-Story Property

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Gated with Attendant
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,498

Year Built

Built in 2004

Lot Details

0

HOA Fees

$676 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
  • Road Surface Type: Asphalt
  • Reso View: Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Gated with Guard
  • Reso Association Amenities: Basketball Court, Clubhouse, Fitness Center, Maintenance Grounds, Spa/Hot Tub, Tennis Court(s)
  • Reso Association Fee Includes: Cable TV, Internet
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Entry Level: 705
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24 3635-00-252.A-.Xa
  • 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: 4497.58
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 2048.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: 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
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: 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
  • View Water3: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 8
  • Levels Three Or More: Yes
  • Pool Features Electric Heat: Yes
  • Flooring Vinyl: Yes
  • Security Features Gated with Guard: Yes
  • View Intracoastal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Interior Amenities: Breakfast Bar, 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, Walk-In Closet(s)
  • Flooring: Vinyl
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 8
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): 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
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Porch, Screened, Side Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 676.0
  • Association Fee Frequency: Monthly
  • Association Name: Mary Wathen
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Mary Wathen
  • General Property Information:Association Fee: 676.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Internet: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Tennis Court(s)2: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Additional Parcels Description: 2457962
  • Parcel #: 24 3635-00-252.A-.Xa

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4497.58

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Neil Johnson David
Bought by
David N Johnson Trust

Purchase Details

Listed on
Jan 17, 2022
Closed on
Feb 25, 2022
Sold by
Vecchiarelli Raymond M and Vecchiarelli Sally M
Bought by
Johnson David Neil
Seller's Agent
Abby Chitty
Keller Williams Advantage Rlty
Buyer's Agent
Anita Iannuzzi
RE/MAX Aerospace Realty
List Price
$540,000
Sold Price
$525,000
Premium/Discount to List
-$15,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$265,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 28, 2021
Sold by
Persinger William
Bought by
Vecchiarelli Raymond and Vecchiarelli Sally M
Seller's Agent
Sharon Weber
Daignault Realty Inc
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.55%
Original Mortgage
$352,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2018
Closed on
Feb 7, 2018
Sold by
Blaauw Esther Engelbertink and Estate Of Roland Blaauw
Bought by
Persinger William
Seller's Agent
Greg Ellingson
Ellingson Properties
Buyer's Agent
Ashley Parker
Keller Williams Realty Brevard
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Sep 9, 2011
Sold by
Blaauw Vanriel Elisabeth and Blaauw Van Riel Elisabeth
Bought by
Blaauw Roland

Purchase Details

Closed on
Sep 30, 2005
Sold by
Carrick Frederick and Carrick Eve
Bought by
Blaauw Blaauw Roland Roland and Blaauw Van Riel Elisabeth

Purchase Details

Closed on
Jan 26, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Carrick Frederick and Carrick Eve

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
5.66%
Mortgage Type
Purchase Money Mortgage
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 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

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $599,953 -9.1% $293 / Sq Ft
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®)

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
2024 $5,828 $440,500 -- --
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

Agents Affiliated with this Home

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Map

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

MLS Number: 922721

Space Coast MLS (Space Coast Association of REALTORS®)

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