$555,000
$20K PRICE DROP

202 Ivory Coral Ln Unit 507 Merritt Island, FL 32953

Estimated payment $4,533/month

Total Views 9,762
3 Beds
2 Baths
1,189 Sq Ft
$467 Price per Sq Ft

Highlights

  • Marina
  • Marina View
  • Boat Ramp
  • Lewis Carroll Elementary School Rated A-
  • River Access
  • Fitness Center

About This Home

Welcome to Cape Crossing Resort and Marina, ideally situated in North Merritt Island along the barge canal, providing quick access to many of Brevard's top attractions. Cape Crossing offers convenient entry to both the Indian and Banana River Lagoons, and is just minutes from the Port Canaveral locks. Whether you bring your own boat to one of our 145 slips or rent a boat, kayak, or paddleboard from our clubhouse, you're all set for a great time. Inside, you'll find an open floorplan with granite kitchen countertops, split bedrooms, and a stunning balcony view. Unwind by the pool at the clubhouse or relax in the sauna to melt your stress away. From your private balcony or even your couch, enjoy an unforgettable front-row seat to rocket launches. The on-site restaurant has waterfront dining and a tiki bar. Cape Crossing is a hidden gem on Merritt Island, and we can't wait to share it with you!

Listing Agent

Richard Lemon

Keller Williams Space Coast License #3220959

Keller Williams Space Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,234

Year Built

  • Built in 2020

Lot Details

  • Home fronts a canal
  • Property fronts an alley
  • South Facing Home

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Additional Parking

Property Views

  • Marina
  • Canal

Home Design

  • Membrane Roofing
  • Asphalt
  • Stucco

Interior Spaces

  • 1,189 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Common Area
  • Central Living Area
  • Accessible Hallway
  • Accessible Doors

Pool

  • Heated Spa
  • In Ground Spa
  • Heated Pool

Outdoor Features

  • River Access
  • Boat Ramp
  • Balcony

Schools

  • Carroll Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 24-36-11-00-05063.5-0000.00

Community Details

Overview

  • Association fees include cable TV, ground maintenance, trash
  • Keystone Property Management Association, Phone Number (727) 569-7928
  • Cape Crossing Subdivision
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Elevator
  • Secure Lobby

Recreation

  • Marina
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,234

Year Built

Built in 2020

Lot Details

0

HOA Fees

$1,000 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Washer Hookup
  • ResoLotFeatures: Other
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Reso View: Canal, Marina
  • Water Body Name: Canal Navigational to Banana River
  • ResoSecurityFeatures: Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Barbecue, Cable TV, Clubhouse, Elevator(s), Fitness Center, Management - Full Time, Management - Off Site, Marina, Pool, Sauna, Spa/Hot Tub, Trash
  • Reso Association Fee Includes: Cable TV, Maintenance Grounds, Trash
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cape Crossing
  • Reso Accessibility Features: Accessible Central Living Area, Accessible Common Area, Accessible Doors, Accessible Hallway(s)
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • ViewCanal: Yes
  • Road Frontage Type Alley: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Open Floorplan, Split Bedrooms
  • Flooring: Tile
  • Spa Features: Community, Heated, In Ground
  • Appliances: Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 6
  • Stories: 6
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Laundry Features:In Unit: Yes
  • Spa Features:Community2: Yes

Exterior Features

  • Exterior Features: Balcony, Boat Ramp - Private
  • Pool Features: Gas Heat, Heated
  • Roof: Membrane
  • Acres: 0.01
  • Waterfront Features: Canal Front, River Access
  • Waterfront: Yes
  • Construction Type: Stucco
  • Direction Faces: South
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Accessibility Features:Accessible Door(s): Yes
  • Accessibility Features:Accessible Hallway(s): Yes
  • Lot Features:Other21: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:River Access: Yes
  • Accessibility Features:Accessible Common Area: Yes
  • Accessibility Features:Accessible Central Living Area: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Garage, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Underground2: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1000.0
  • Association Fee Frequency: Monthly
  • Association Name: keystone Property Management
  • Phone: 727-569-7928
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: keystone Property Management
  • General Property Information:Association Fee: 1000.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Marina: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Investment
  • Lot Size Sq Ft: 436.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3021480
  • Parcel #: 24-36-11-00-05063.5-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5234.26

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

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 $5,234 $426,530 $0 $0
2022 $4,778 $422,280 $0 $0
2021 $4,217 $291,700 $0 $291,700
2020 $324 $10,000 $0 $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Price Changed $555,000 -3.5% $467 / Sq Ft
09/06/2024 09/06/24 For Sale $575,000 -- $484 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- Gilligan Gooding Batsel Anders
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 Stand Alone First
Previous Owner $16,250 Stand Alone Second
Source: Public Records

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

MLS Number: 1024186

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-11-00-05063.5-0000.00