SOLD SEP 13, 2024
RENTED JAN 30, 2025
Island Pointe 500 Sail Ln Unit 604 Merritt Island, FL 32953
3
Beds
2
Baths
2,227
Sq Ft
$1,053/mo
HOA Fee
Highlights
- Home fronts a seawall
- Fitness Center
- In Ground Pool
- Marina View
- 24-Hour Security
- Gated Parking
About This Home
As of September 2024Enjoy uninterrupted spectacular views of the Indian River from almost every room in this Penthouse unit. There is no other building between this unit and the Indian River to the west or to the north. This unit also speaks to luxury having all the upgrades including Viking appliances, top-end trim package and a wraparound patio. The primary suite faces north and has direct access to the patio. The third bedroom has its own private patio facing north. The second bedroom is also a grand suite. The unit has a separate laundry room, and includes a private 1-car garage on the lower level.
Enter this unit from an open air breezeway via an elevator from an elegant foyer. Clubhouse, exercise room, tennis and basketball courts. Two heated pools, spa and sauna. Historic Cocoa Village with quant shops & restaurants is just across the causeway while area beaches beckon for a day of fun in the sun.
Last Agent to Sell the Property
Pastermack Real Estate License #3495363 Listed on: 08/02/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,509
Year Built
- Built in 2005 | Remodeled
Lot Details
- Home fronts a seawall
- Property fronts an intracoastal waterway
- River Front
- Street terminates at a dead end
- Northwest Facing Home
HOA Fees
- $1,053 Monthly HOA Fees
Parking
- 1 Car Garage
- Garage Door Opener
- Gated Parking
- Secured Garage or Parking
- Guest Parking
- Additional Parking
Property Views
- Marina
- Intracoastal
- River
- Bridge
Home Design
- Traditional Architecture
- Block Exterior
- Asphalt
Interior Spaces
- 2,227 Sq Ft Home
- 1-Story Property
- Furniture Can Be Negotiated
- Security Gate
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Ice Maker
- ENERGY STAR Qualified Dishwasher
- Wine Cooler
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Pool
- In Ground Pool
- Fence Around Pool
Outdoor Features
- Balcony
- Wrap Around Porch
Schools
- Mila Elementary School
- Jefferson Middle School
- Merritt Island High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Heat Pump System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 24-36-35-34-00000.0-0001.58
Community Details
Overview
- Association fees include cable TV, insurance, internet, ground maintenance, security, sewer, trash, water
- Island Point P.U.D. Association, Phone Number (321) 806-4908
- Island Pointe Condo Ph 1C Subdivision
- Maintained Community
Amenities
- Sauna
- Clubhouse
- Elevator
- Secure Lobby
Recreation
- Tennis Courts
- Community Basketball Court
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- 24-Hour Security
- Card or Code Access
- Hurricane or Storm Shutters
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
Pastermack Real Estate
Buyer's Agent
Jerry Frulio
Space Coast Realty & Inv. LLC
Sold Price
$3,500
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,648
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
-7.89%
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
Similar Homes in Merritt Island, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $695,000 | Landmark Title | |
| Warranty Deed | $700,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $629,331 | Purchase Money Mortgage |
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 |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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
-
Seller's Agent in 2025
Shawna Wrubel
Pastermack Real Estate
(321) 806-6579
1 in this area
7 Total Sales
-
Buyer's Agent in 2025
Jerry Frulio
Space Coast Realty & Inv. LLC
(321) 258-9732
27 Total Sales
-
Seller's Agent in 2024
David Okonsky
Pastermack Real Estate
(321) 549-8317
2 in this area
6 Total Sales
-
Buyer's Agent in 2024
Vincent Jackson
Ellingson Properties
(813) 402-2076
1 in this area
22 Total Sales
About Island Pointe
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1020480
APN: 24-36-35-34-00000.0-0001.58
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.
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
- 500 Sail Ln Unit 304
- 490 Sail Ln Unit 702
- 480 Sail Ln Unit 705
- 480 Sail Ln Unit 303
- 480 Sail Ln Unit 302
- 134 Starboard Ln Unit 504
- 134 Starboard Ln Unit 408
- 134 Starboard Ln Unit 309
- 134 Starboard Ln Unit 803
- 134 Starboard Ln Unit 307
- 134 Starboard Ln Unit 705
- 343 N Tropical Trail Unit 404
- 0 S Tropical Trail Unit MFRFC292867
- 385 Island Oaks Place
- 420 Moore Park Ln Unit 203
- 347 W Merritt Ave
- 225 S Tropical Trail Unit 423
- 225 S Tropical Trail Unit 201
- 225 S Tropical Trail Unit 402
- 225 S Tropical Trail Unit 607