$370,000

490 Sail Ln Unit 203 Merritt Island, FL 32953

Estimated payment $3,518/month

Total Views 361
3 Beds
2 Baths
2,122 Sq Ft
$174 Price per Sq Ft

Highlights

  • Very Popular Property
  • Fitness Center
  • Gated with Attendant
  • Home fronts a seawall
  • Intracoastal View
  • Heated Spa

About This Home

Lovely waterfront property on the Indian River. View beautiful sunsets, rainbows, and launches from the Cape. Watch dolphins, manatees, and stingrays swim below your balcony. Large unit with flex space for den, formal dining, or hobby area. Unit has recently been painted throughout.
Community offers 2 swimming pool, 2 spas, tennis courts, pickle ball courts, clubhouse with sauna, library, gym, kitchen, dining area, and sitting area. Hurricane shutters on balcony. One car individual garage plus exterior parking. Owner has paid the recent assessment for new sports decks, pool & spa refurbishments, and north seawall repair.

Listing Agent

Gloria Felcyn

Penguin Real Estate Svc. LLC License #262342 Listed on: 08/07/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,074

Year Built

  • Built in 2005

Lot Details

  • Home fronts a lagoon or estuary
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • River Front
  • Property fronts a private road
  • Street terminates at a dead end
  • South Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Many Trees

HOA Fees

  • $1,236 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Gated Parking
  • Guest Parking
  • Additional Parking
  • Parking Lot
  • Community Parking Structure

Property Views

  • Intracoastal
  • River
  • Bridge

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Asphalt

Interior Spaces

  • 2,122 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Bonus Room

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in unit
  • Dryer
  • Sink Near Laundry

Home Security

  • Security Gate
  • Closed Circuit Camera

Pool

  • Heated Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Probate Listing
  • Assessor Parcel Number 24-36-35-34-00000.0-0001.08

Community Details

Overview

  • Association fees include cable TV, insurance, internet, ground maintenance, maintenance structure, pest control, security, sewer, trash, water
  • Island Pointe Condominium Of Merritt Island321 Association, Phone Number (321) 806-4908
  • Island Pointe Condo Ph 1B Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby

Recreation

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

Pet Policy

  • 2 Pets Allowed
  • Dogs and Cats 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

$3,074

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,236 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Sink, Washer Hookup
  • ResoLotFeatures: Dead End Street, Many Trees
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso View: Bridge(s), River, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Closed Circuit Camera(s), Fire Sprinkler System, Gated with Guard, Security Gate, Smoke Detector(s), Secured Elevator, Secured Lobby
  • Reso Association Amenities: Basketball Court, Cable TV, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Management - Off Site, Management - Part Time, Pickleball, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trash, Water
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Probate Listing
  • Subdivision Name: Island Pointe Condo Ph 1B
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Tennis Court(s)
  • Property Attached Yn: No
  • Location Tax and Legal Parcel Number2: 24-36-35-34-00000.0-0001.08
  • 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: 3074.31
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 2122.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.0
  • 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 Laminate: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: 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 Living Room: Yes
  • General Property Information Stories Total: 8
  • General Property Information Association Phone: 321-806-4908
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Fencing Wrought Iron: Yes
  • Pets Allowed Dogs OK: Yes
  • Security Features Gated with Guard: Yes
  • Room Types Bonus Room: Yes
  • View Intracoastal: Yes
  • Security Features Closed Circuit Camera(s): Yes
  • Special Listing Conditions Probate Listing: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Land Lease YN2: No
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • General Property Information CDD Fee YN: No
  • Association Amenities Cable TV2: Yes
  • Association Amenities Security2: Yes
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Spa Features Heated2: Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Stories2: 1
  • Road Frontage Type Private Road: Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Waterfront Features Intracoastal2: Yes
  • Other Structures Tennis Court(s): Yes
  • Fencing Block: Yes
  • View Bridge(s): Yes
  • Waterfront Features Lagoon: Yes
  • General Property Information:Pool Private YN: No
  • Community Features Gated4: Yes
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Laminate
  • Spa Features: Community, Heated
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 1
  • Stories: 8
  • Appliances Dishwasher: 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: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
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Electric Oven: Yes
  • Laundry Features:In Unit: Yes
  • Spa Features:Community2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Community Features:Sidewalks: Yes

Exterior Features

  • Exterior Features: Balcony, Outdoor Shower, Tennis Court(s), Storm Shutters
  • Roof: Membrane
  • Fencing: Block, Wrought Iron
  • Acres: 0.04
  • Pool Private: No
  • Waterfront Features: Lagoon, River Front, Seawall, Intracoastal
  • Waterfront: Yes
  • Construction Type: Concrete
  • Direction Faces: South
  • Patio And Porch Features: Rear Porch
  • Construction Materials:Concrete4: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Outdoor Shower: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Exterior Features:Tennis Court(s)3: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Lot Features:Many Trees: Yes
  • Waterfront Features:River Front: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Community Structure, Garage, Garage Door Opener, Gated, Guest, Parking Lot, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Gated: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable 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 of Merritt Island321
  • Phone: 321-806-4908
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Island Pointe Condominium of Merritt Island321
  • General Property Information:Association Fee: 1235.81
  • 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: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 Amenities:Pickleball: 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: Residential
  • Land Lease: No
  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2458415
  • Parcel #: 24-36-35-34-00000.0-0001.08

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3074.31

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 $3,041 $239,070 $0 $0
2022 $2,839 $232,110 $0 $0
2021 $2,963 $225,350 $0 $0
2020 $2,910 $222,240 $0 $0
2019 $2,875 $217,250 $0 $0
2018 $2,883 $213,200 $0 $0
2017 $2,913 $208,820 $0 $0
2016 $2,964 $204,530 $0 $0
2015 $3,057 $203,110 $0 $0
2014 $3,079 $201,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $370,000 -- $174 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $180,000 Rels Title
Trustee Deed -- None Available
Warranty Deed $510,900 --
Warranty Deed $520,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $408,720 Fannie Mae Freddie Mac
Previous Owner $371,115 Fannie Mae Freddie Mac
Source: Public Records

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

MLS Number: 1053964

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.08

Florida Brevard County Merritt Island 32953

490 Sail Ln Unit 203, Merritt Island, FL

This home is located at 490 Sail Ln Unit 203, Merritt Island, FL 32953 and is currently priced at $370,000, approximately $174 per square foot. This property was built in 2005. 490 Sail Ln Unit 203 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
Listing Agent
Gloria Felcyn
Section Image
Penguin Real Estate Svc. LLC
(321) 399-2380