$555,000 - $716,000
RENTED JAN 30, 2025

Island Pointe 500 Sail Ln Unit 604 Merritt Island, FL 32953

3 Beds
2 Baths
2,227 Sq Ft
$292 Price per Sq Ft

Last Sold September 13, 2024

Last sale price $695,000 $312 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,893/month

About This Home

As of September 2024

This luxurious penthouse offers breathtaking panoramic views of the Indian River, allowing you to watch dolphins play and rockets fly from almost any room in the house. With two spacious bedrooms, and a dedicated office, it's perfect for both relaxation and productivity. Located just a short drive from the beach and the vibrant Cocoa Village, you'll enjoy a lively coastal lifestyle. The open floor plan is anchored by the gourmet chef's kitchen, complete with temperature controlled wine cellar, making it ideal for entertaining and enjoying stunning sunrise and sunset views. This unit is fully furnished with high end furnishings and necessities to ensure a seamless transition.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Dec 10, 2024
Sold by
Mcaninch Bradley J
Bought by
Bradley J Mcaninch Trust and Mcaninch
Seller's Agent
Shawna Wrubel
Brevard Realty Specialists,Inc
Buyer's Agent
Jerry Frulio
Space Coast Realty & Inv. LLC
Sold Price
$3,500
Views
34
Current Estimated Value
$649,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,156

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 12, 2024
Sold by
Atkins Charles M and Atkins Julie A
Bought by
Mcaninch Bradley J
Seller's Agent
David Okonsky
Pastermack Real Estate
Buyer's Agent
Vincent Jackson
Ellingson Properties
List Price
$699,900
Sold Price
$695,000
Premium/Discount to List
-$4,900
-0.7%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.50%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Atkins Charles M and Atkins Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,331
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Bradley J Mcaninch Trust $100 None Listed On Document
Mcaninch Bradley J $695,000 Landmark Title
Atkins Charles M $700,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atkins Charles M $629,331
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Rented $3,500 0.0% --
01/24/2025 01/24/25 Under Contract -- -- --
12/06/2024 12/06/24 Price Changed $3,500 -5.4% $2 / Sq Ft
10/29/2024 10/29/24 Price Changed $3,700 -7.5% $2 / Sq Ft
10/03/2024 10/03/24 For Rent $4,000 0.0% --
09/13/2024 09/13/24 Sold $695,000 -0.7% $312 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $699,900 -- $314 / Sq Ft

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 $3,509 $271,850 $0 $0
2022 $3,279 $263,940 $0 $0
2021 $3,428 $256,260 $0 $0
2020 $3,367 $252,730 $0 $0
2019 $3,335 $247,050 $0 $0
2018 $3,346 $242,450 $0 $0
2017 $3,382 $237,470 $0 $0
2016 $3,445 $232,590 $0 $0
2015 $3,556 $230,980 $0 $0
2014 $3,582 $229,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawna Wrubel

    Seller's Agent in 2025

    Shawna Wrubel

    Brevard Realty Specialists,Inc

    (321) 806-6579

    1 in this area

    8 Total Sales

    Shawna Wrubel
    Section Image
  • Jerry Frulio

    Buyer's Agent in 2025

    Jerry Frulio

    Space Coast Realty & Inv. LLC

    (321) 258-9732

    28 Total Sales

    Jerry Frulio
    Section Image
  • David Okonsky

    Seller's Agent in 2024

    David Okonsky

    Pastermack Real Estate

    (321) 549-8317

    2 in this area

    7 Total Sales

    David Okonsky
    Section Image
  • Vincent Jackson

    Buyer's Agent in 2024

    Vincent Jackson

    Ellingson Properties

    (813) 402-2076

    1 in this area

    22 Total Sales

    Vincent Jackson
    Section Image
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About Island Pointe

Map

Florida Brevard County Merritt Island 32953

500 Sail Ln Unit 604, Merritt Island, FL

Homes for Sale in Merritt Island, FL

This home is located at 500 Sail Ln Unit 604, Merritt Island, FL 32953 and is currently estimated at $649,656, approximately $291 per square foot. 500 Sail Ln Unit 604 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.

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