$592,000 - $698,000
RENTED JUN 27, 2025

490 Sail Ln Unit 605 Merritt Island, FL 32953

3 Beds
2 Baths
2,279 Sq Ft
$1,235/mo HOA Fee

Highlights

  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Gated Parking
  • Fitness Center
  • In Ground Spa
  • Open Floorplan

About This Home

As of June 2025

WATERFRONT WATERFRONT WATERFRONT! Fabulous INDIAN RIVER views from this 6th floor end unit condo at Island Pointe! Balconies facing the water from the rear of unit and the side!! Open contemporary floor plan! Direct views from living room/dining room, kitchen and north facing balcony. Primary bedroom with en suite bathroom, walk in closets and side balcony with views as well! Second and third bedroom - awesome opportunity for at home office space/den. Spacious kitchen area w/pantry, lots of cabinets & breakfast nook. Laundry rm w/full size washer & dryer inside unit. Tons of storage space! GATED community w/gate guard. SECURED lobby. RESORT like amenities with pool, hot tub, basketball court, gym, clubhouse w/library area & cardd room. 1 car garage. Tenant must be approved by Island Pointe management. Fee to Island Pointe is $50 payable Island Pointe & $50 fee to Keys Property Mgmt. Signed copy of lease needed to process application. Review period is 10 days. No pets please.

Last Agent to Rent the Property

Kim McNear

Tropical Realty & Inv. of Brev License #640940 Listed on: 05/08/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,185

Year Built

  • Built in 2005

Lot Details

  • Property fronts an intracoastal waterway
  • River Front
  • South Facing Home
  • Wrought Iron Fence

HOA Fees

  • $1,235 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Lot

Property Views

  • Intracoastal
  • River

Home Design

  • Contemporary Architecture
  • Asphalt

Interior Spaces

  • 2,279 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Outdoor Features

  • In Ground Spa
  • Balcony
  • Wrap Around Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,200
  • Property Available on 5/8/25
  • Court or third-party approval is required for the sale
  • Tenant pays for cable TV, electricity, repairs, telephone
  • The owner pays for association fees, taxes
  • Rent includes sewer, water, trash collection
  • $100 Application Fee
  • Assessor Parcel Number 24-36-35-34-00000.0-0001.30

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, security, sewer, trash, water
  • Island Pointe * Keys Property Managment Association
  • Island Pointe Condo Ph 1B Subdivision
  • Maintained Community
  • 7-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Secure Lobby

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,185

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,235 per month

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Sewer, Water, Trash Collection
  • Tenant Pays: Cable TV, Electricity, Repairs, Telephone
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Taxes
  • Available Date: 2025-05-08

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Sink
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: River, Water, Intracoastal
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Gated with Guard, Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Pool, Spa/Hot Tub, Tennis Court(s), Trash, Water
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Smoking Prohibited, Third Party Approval
  • Subdivision Name: Island Pointe Condo Ph 1B
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Location Tax and Legal Parcel Number2: 24-36-35-34-00000.0-0001.30
  • 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: 2279.0
  • General Property Information Lot Size Acres: 0.05
  • 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
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • General Property Information Stories Total: 7
  • Security Features Secured Lobby: Yes
  • Fencing Wrought Iron: Yes
  • Security Features Gated with Guard: Yes
  • View Intracoastal: Yes
  • Pets Allowed No: Yes
  • Deposits and Fees Application Fee: 100.0
  • Deposits and Fees Security Deposit: 3200.0
  • Utilities Electricity Available: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • Utilities Sewer Connected: Yes
  • Special Listing Conditions Smoking Prohibited: Yes
  • Deposits and Fees Association Application Fee: 100.0
  • Security Features Carbon Monoxide Detector(s): Yes
  • Utilities Cable Connected: Yes
  • Architectural Style Contemporary: Yes
  • Waterfront Features Intracoastal2: Yes
  • General Property Information:Pool Private YN: No
  • Community Features Gated4: Yes
  • General Property Information:Accessory Dwelling Unit YN3: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Spa Features: Community, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 7
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: 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
  • Appliances:Electric Oven: Yes
  • Spa Features:Community2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Community Features:Street Lights: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes

Exterior Features

  • Exterior Features: Balcony
  • Fencing: Wrought Iron
  • Acres: 0.05
  • Pool Private: No
  • Waterfront Features: River Front, Intracoastal
  • Waterfront: Yes
  • Direction Faces: South
  • Patio And Porch Features: Wrap Around
  • Exterior Features:Balcony: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1235.0
  • Association Fee Frequency: Monthly
  • Association Name: Island Pointe * Keys Property Managment
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Island Pointe * Keys Property Managment
  • General Property Information:Association Fee: 1235.0
  • 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:Gated2: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: Yes
  • Owner Pays:Association Fees: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2458437
  • Parcel #: 24-36-35-34-00000.0-0001.30

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2010
Sold by
Leadlay Elliott G and Leadlay Brenda L
Bought by
Leadlay Elliott G C and Leadlay Brenda L
Current Estimated Value
$660,774

Purchase Details

Closed on
Jan 26, 2008
Sold by
Kittleson Betty C
Bought by
Kittleson Betty C

Purchase Details

Closed on
Jul 25, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Leadlay Elliott G and Leadlay Brenda L
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
Leadlay Elliott G C -- Attorney
Kittleson Betty C -- Attorney
Leadlay Elliott G $690,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Rented $3,100 -3.1% --
06/18/2025 06/18/25 Under Contract -- -- --
05/08/2025 05/08/25 For Rent $3,200 +45.5% --
11/18/2024 11/18/24 Off Market $2,200 -- --
04/13/2021 04/13/21 Rented $2,500 0.0% --
03/22/2021 03/22/21 Under Contract -- -- --
03/03/2021 03/03/21 For Rent $2,500 +13.6% --
11/01/2018 11/01/18 Rented $2,200 0.0% --
09/04/2018 09/04/18 Under Contract -- -- --
08/07/2018 08/07/18 For Rent $2,200 +10.0% --
06/01/2016 06/01/16 Rented $2,000 -9.1% --
05/13/2016 05/13/16 Under Contract -- -- --
05/03/2016 05/03/16 For Rent $2,200 -- --
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 $6,185 $466,130 $0 $0
2022 $5,431 $416,880 $0 $0
2021 $5,334 $363,980 $0 $363,980
2020 $5,613 $381,890 $0 $381,890
2019 $5,303 $350,660 $0 $350,660
2018 $5,281 $339,750 $0 $339,750
2017 $5,545 $368,150 $0 $368,150
2016 $5,327 $338,220 $0 $0
2015 $5,026 $268,860 $0 $0
2014 $4,587 $244,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2025

    Kim McNear

    Tropical Realty & Inv. of Brev

    (321) 480-4472

    7 in this area

    12 Total Sales

    Kim McNear
    Section Image

  • S

    Seller's Agent in 2021

    Shannon Barnhart

    Surfside Properties & Mgmt.

    (321) 631-5511

    2 Total Sales

    Shannon Barnhart
    Section Image
  • Linda Wise

    Buyer's Agent in 2021

    Linda Wise

    Tropical Realty & Inv. of Brev

    (321) 480-1141

    57 in this area

    108 Total Sales

    Linda Wise
    Section Image
  • Jennifer McCoy

    Buyer's Agent in 2018

    Jennifer McCoy

    McCoy-Freeman Real Estate

    (321) 720-6654

    9 in this area

    118 Total Sales

    Jennifer McCoy
    Section Image
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Map

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

MLS Number: 1045579

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.30

Florida Brevard County Merritt Island 32953

490 Sail Ln Unit 605, Merritt Island, FL

This home is located at 490 Sail Ln Unit 605, Merritt Island, FL 32953 since 08 May 2025 and is currently priced at $660,774. This property was built in 2005. 490 Sail Ln Unit 605 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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