
Island Pointe 500 Sail Ln Unit 604 Merritt Island, FL 32953
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
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Merritt Island, FL
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 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $629,331 | Purchase Money Mortgage |
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
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 |
Agents Affiliated with this Home
-
S
Seller's Agent in 2025
Shawna Wrubel
Pastermack Real Estate
-
J
Buyer's Agent in 2025
Jerry Frulio
Space Coast Realty & Inv. LLC
-
D
Seller's Agent in 2024
David Okonsky
Pastermack Real Estate
-
V
Buyer's Agent in 2024
Vincent Jackson
Ellingson Properties
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
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