$669,900

490 Sail Ln Unit 702 Merritt Island, FL 32953

Estimated payment $5,451/month

Total Views 6,657
3 Beds
2 Baths
2,230 Sq Ft
$300 Price per Sq Ft

Highlights

  • Fitness Center
  • Penthouse
  • Gated Community
  • Intracoastal View
  • In Ground Pool
  • 1.44 Acre Lot

About This Home

Penthouse Waterfront property located in desirable Island Pointe. This fully-furnished, turn-key unit is ready to welcome you to carefree condo living! The open floorplan draws your eyes to the breathtaking river views. Spacious Primary Suite features sliding glass doors to the balcony, dual closets, jetted tub and separate walk-in shower. Community resort style amenities include a pool & spa, clubhouse, boardwalk, basketball/tennis/pickleball courts & fitness center. Deeded garage under the building for secure parking and storage. Your island paradise awaits!

Listing Agent

Toni Pastermack

PASTERMACK REAL ESTATE Brokerage Phone: 321-452-7785 License #555056 Listed on: 04/03/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,112

Year Built

  • Built in 2005

Lot Details

  • Southeast Facing Home

HOA Fees

  • $1,236 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Deeded Parking
  • 1 Assigned Parking Space

Property Views

  • Intracoastal
  • River

Home Design

  • Penthouse
  • Pillar, Post or Pier Foundation
  • Membrane Roofing
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,230 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Security Fence, Lighting or Alarms

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Island Pointe Pud c/o Keys Enterprise Association, Phone Number (321) 806-4908
  • Visit Association Website
  • Island Pointe Condo Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 7-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

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

Pet Policy

  • Pets up to 35 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Security Guard
  • Card or Code Access
  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,112

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,236 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 2230
  • Lot Size Acres: 1.44
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2230
  • Lot Size Sq Ft: 62799
  • Directions to Property: Head East on FL-520 across the Merritt Island Causeway. Turn left onto N Tropical Trail. Turn left onto Sail Lane.
  • Status: Active
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Cocoa Beach
  • Escrow Postal Code: 32931
  • Escrow State: FL
  • Escrow Street Name: N Atlantic Ave
  • Escrow Street Number: 226
  • Floor Number: 7
  • List Office Head Office Key Nume: 1897110
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 300.40
  • Unit Number YN: 0
  • Water Access YN: 0
  • Planned Unit Development Yn: 1
  • Property Description: Penthouse
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Intracoastal Waterway,River,Water Access,Waterfront
  • Attribution Contact: 321-452-7785
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 7
  • Street Number Modifier: 490
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 207.17
  • Room Count: 6

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: In Ground
  • Exterior Features: Balcony, Hurricane Shutters, Sidewalk, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: INDIAN RIVER
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Intracoastal Waterway,River
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-01-29
  • Flood Zone Panel: 12009C0427H

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Deeded, Garage Door Opener, Guest, Under Building

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Pool, Sidewalks, Tennis Court(s)
  • Association Amenities: Basketball Court, Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 1235.81
  • Association Fee Frequency: Monthly
  • Association Name: Island Pointe PUD c/o Keys Enterprise
  • Phone: 321-806-4908
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Key Card Entry, Security Fencing/Lighting/Alarms, Secured Garage/Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See HOA Docs
  • Association Fee Requirement: Required
  • Building Name Number: 1B
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: www.keysenterprise.net

Fee Information

  • Total Annual Fees: 14829.72
  • Total Monthly Fees: 1235.81
  • Monthly HOA Amount: 1235.81

Lot Info

  • Zoning: PUD
  • Parcel Number: 24 3635-34-*-1.32
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 5834

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA Docs

Tax Info

  • Tax Annual Amount: 6111.56
  • Tax Block: NA
  • Tax Book Number: 52-34
  • Tax Lot: 1

Multi Family

  • Approval Process: See HOA Docs

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 $6,064 $450,790 $0 $0
2022 $5,348 $405,840 $0 $0
2021 $5,291 $360,660 $0 $360,660
2020 $5,216 $363,710 $0 $363,710
2019 $4,941 $340,390 $0 $340,390
2018 $4,773 $329,820 $0 $329,820
2017 $4,797 $339,480 $0 $339,480
2016 $4,613 $311,880 $0 $0
2015 $4,353 $212,960 $0 $0
2014 $3,969 $193,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 For Sale $669,900 0.0% $300 / Sq Ft
07/07/2017 07/07/17 Rented $2,100 -16.0% --
06/14/2017 06/14/17 Under Contract -- -- --
05/01/2017 05/01/17 Price Changed $2,500 -10.7% $1 / Sq Ft
03/01/2017 03/01/17 For Rent $2,800 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $162,500 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $610,900 --
Source: Public Records

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Source: Stellar MLS

MLS Number: O6296229

Stellar MLS

APN: 24-36-35-34-00000.0-0001.32

Florida Brevard County Merritt Island 32953

490 Sail Ln Unit 702, Merritt Island, FL

This home is located at 490 Sail Ln Unit 702, Merritt Island, FL 32953 and is currently priced at $669,900, approximately $300 per square foot. This property was built in 2005. 490 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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes
Toni Pastermack
Listing Agent
Toni Pastermack
Section Image
PASTERMACK REAL ESTATE
(321) 341-7838