NOT LISTED FOR SALE

Island Pointe 500 Sail Ln Unit 603 Merritt Island, FL 32953

Estimated Value: $465,613 - $613,000

3 Beds
2 Baths
2,048 Sq Ft
$654/mo HOA Fee

Last Sold October 29, 2021

Last sale price $433,000 $211 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,006/month

104 Days on Market

Highlights

  • Boat Dock
  • Gated with Attendant
  • River View
  • Fitness Center
  • In Ground Pool
  • Clubhouse

About This Home

As of October 2021

**PRICE REDUCED on this AMAZING RIVERFRONT TOP FLOOR CONDO with breathtaking views of the Intercoastal Indian River! Enjoy gorgeous Florida sunsets from this penthouse floor plan that boasts 9 ft ceilings with 3 bedrooms and 2 full baths. Large open living space with floor to ceiling glass sliders to waterfront balcony. Eat-in kitchen equipped with granite countertops, a moveable island and stainless steel appliances. Relax on your covered balcony with spectacular waterfront view of sail boats, dolphins playing and the beautiful Florida sunshine. Amenities in this secure & gated community of Island Pointe in Merritt Island include clubhouse, fitness room, 2 pools, 2 hot tubs, basketball court, sauna, tennis courts and more! A MUST SEE and CAN CLOSE QUICKLY!

Last Agent to Sell the Property

Bridgett Stuhlmiller

Coastal Life Properties LLC Listed on: 06/10/2021

Last Buyer's Agent

Melissa Senise

RISE Realty Services License #3265788

RISE Realty Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $460

Year Built

  • Built in 2005

Lot Details

  • River Front
  • West Facing Home

HOA Fees

  • $654 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,048 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Dining Room
  • River Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • 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 24-36-35-34-00000.0-0001.57

Community Details

Overview

  • Association fees include security, trash, water
  • Island Pointe Condo Ph 1C Association
  • Island Pointe Pud Subdivision
  • Maintained Community
  • Car Wash Area
  • 11-Story Property

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant
  • Hurricane or Storm Shutters
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$460

Year Built

Built in 2005

Lot Details

0

HOA Fees

$654 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Fire Sprinkler System, Gated with Guard, Security Gate
  • Reso Association Amenities: Boat Dock, Car Wash Area, Clubhouse, Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Pool
  • Reso Association Fee Includes: Security, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Pointe PUD
  • Carport Y N: No
  • Entry Level: 6
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-35-34-00000.0-0001.57
  • 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: 459.87
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2048.0
  • General Property Information Lot Size Acres: 0.03
  • General Property Information Lot Size Square Feet2: 1307.0
  • 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
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 11
  • Levels Three Or More: Yes
  • Roof Concrete2: Yes
  • Security Features Fire Sprinkler System: Yes
  • Security Features Gated with Guard: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 3
  • Stories: 11
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: In Ground
  • Roof: Concrete
  • Acres: 0.03
  • Pool Private: No
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected
  • Heating: Central, Electric, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 654.0
  • Association Fee Frequency: Monthly
  • Association Name: ISLAND POINTE CONDO PH 1C
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: ISLAND POINTE CONDO PH 1C
  • General Property Information:Association Fee: 654.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 1307.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2459174
  • Parcel #: 24-36-35-34-00000.0-0001.57

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 459.87

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Oct 29, 2021
Sold by
Fleming Kevin J
Bought by
Gilch Joseph S and Gilch Elaine M
Seller's Agent
Bridgett Stuhlmiller
Coastal Life Properties LLC
Buyer's Agent
Melissa Senise
RISE Realty Services
List Price
$451,900
Sold Price
$433,000
Premium/Discount to List
-$18,900
-4.18%
Current Estimated Value
$528,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,153
Avg. Annual Appreciation
6.38%
Original Mortgage
$346,400
Outstanding Balance
$319,969
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$229,142

Purchase Details

Closed on
Dec 10, 2009
Sold by
Fleming Nancy K
Bought by
Fleming Kevin J
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 Buyer Sale Price Title Company
Gilch Joseph S $433,000 Venture Title
Fleming Kevin J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilch Joseph S $346,400
Previous Owner Fleming Kevin J $417,000
Previous Owner Fleming Kevin J $417,000
Previous Owner Fleming Kevin J $96,810
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $433,000 -- --
10/29/2021 10/29/21 Sold $433,000 0.0% $211 / Sq Ft
10/29/2021 10/29/21 Sold $433,000 -1.4% $211 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
09/21/2021 09/21/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $439,000 -1.3% $214 / Sq Ft
07/27/2021 07/27/21 Price Changed $444,900 -0.7% $217 / Sq Ft
07/02/2021 07/02/21 Price Changed $447,900 +0.9% $219 / Sq Ft
06/10/2021 06/10/21 For Sale $443,900 -1.8% $217 / Sq Ft
06/09/2021 06/09/21 For Sale $451,900 -- $221 / 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 $5,763 $435,500 -- --
2023 $5,763 $425,150 $0 $0
2022 $5,105 $385,930 $0 $0
2021 $536 $173,140 $0 $0
2020 $460 $170,750 $0 $0
2019 $2,112 $166,920 $0 $0
2018 $2,110 $163,810 $0 $0
2017 $2,121 $160,450 $0 $0
2016 $2,149 $157,150 $0 $0
2015 $2,210 $156,060 $0 $0
2014 $2,222 $154,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cheryl Michaels

    EXIT MAGNOLIA POINT REALTY

    (770) 527-0371

    1 in this area

    24 Total Sales

    Cheryl Michaels
    Section Image

  • B

    Seller's Agent in 2021

    Bridgett Stuhlmiller

    Coastal Life Properties LLC

  • N

    Buyer's Agent in 2021

    NON MLS

    NON MLS

    NON MLS
    Section Image

  • 9

    Buyer's Agent in 2021

    99999 99999

    WATSON REALTY CORP

  • M

    Buyer's Agent in 2021

    Melissa Senise

    RISE Realty Services

    Section Image

  • M

    Buyer's Agent in 2021

    Melissa Livelli

    EXP Realty, LLC

See All Agents

About Island Pointe

Map

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

MLS Number: 907346

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.57

Florida Brevard County Merritt Island 32953

500 Sail Ln Unit 603, Merritt Island, FL

This home is located at 500 Sail Ln Unit 603, Merritt Island, FL 32953 since 10 June 2021 and is currently estimated at $528,153, approximately $257 per square foot. This property was built in 2005. 500 Sail Ln Unit 603 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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