$389,000
$61K PRICE DROP

480 Sail Ln Unit 105 Merritt Island, FL 32953

Estimated payment $3,853/month

Total Views 7,879
3 Beds
2 Baths
2,065 Sq Ft
$188 Price per Sq Ft

Highlights

  • Home fronts a seawall
  • Fitness Center
  • Heated Spa
  • Marina View
  • Gated with Attendant
  • Gated Parking

About This Home

Relax on your private balcony overlooking the Indian River. Watch dolphins jump, stingrays glide, and pelicans dive. See rockets soar from Kennedy Space Center without leaving home.
Let the lapping waters sing you to sleep.
This large three bedroom condo will be your sanctuary. Move-in condition with new appliances and paint. Custom closet systems installed throughout the living area and main suite. Relax in your own Jacuzzi in the master bath, rinse off in the separate seated shower.
A combination living, dining, kitchen and breakfast area gives you the feel of open space and airiness. In unit laundry facilities ease the workload.
The split bedroom plan offers privacy from family members or visiting guests.
Clubhouse, pool, and spa are adjacent to the building. Covered parking across from building entrance.
The clubhouse features kitchen facilities, dining area, lounging area, library, sauna, and workout room.
Included is a one car deeded garage.

Listing Agent

Gloria Felcyn

Penguin Real Estate Svc. LLC License #262342

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,356

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • Property fronts a private road
  • Southeast Facing Home
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Few Trees

HOA Fees

  • $1,236 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Garage Door Opener
  • Gated Parking
  • Secured Garage or Parking
  • Guest Parking
  • Additional Parking
  • Parking Lot
  • Unassigned Parking

Property Views

  • Marina
  • Intracoastal
  • River
  • Bridge
  • City

Home Design

  • Membrane Roofing
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,065 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security Gate
  • Closed Circuit Camera

Accessible Home Design

  • Level Entry For Accessibility
  • Accessible Entrance

Outdoor Features

  • Heated Spa
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-00-00252.E-0000.00

Community Details

Overview

  • Association fees include cable TV, insurance, internet, ground maintenance, maintenance structure, pest control, security, sewer, trash, water
  • Island Pointe Condominium Of Merritt Island Association, Phone Number (321) 806-4908
  • Island Pointe Condo Ph 1A Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Sauna
  • Clubhouse
  • Elevator
  • Secure Lobby

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Gated with Attendant
  • Phone Entry
  • Building Fire Alarm
  • Hurricane or Storm Shutters
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,356

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$1,236 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Sink, Washer Hookup
  • ResoLotFeatures: Few Trees, Irregular Lot, Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso View: Bridge(s), City, Marina, River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Security Gate, Smoke Detector(s), Entry Phone/Intercom, Secured Lobby
  • Reso Association Amenities: Basketball Court, Cable TV, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Off Site, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trash, Water
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Assessment Seller Pay, Standard
  • Subdivision Name: Island Pointe Condo Ph 1A
  • Reso Accessibility Features: Accessible Entrance
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Tennis Court(s)
  • Property Attached Yn: Yes
  • Reso Property Condition: Updated/Remodeled
  • Appliances Microwave: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • View Bridge(s): Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Butler Pantry, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath, Heated, Private
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, ENERGY STAR Qualified Dishwasher, Microwave, Plumbed For Ice Maker, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 1
  • Stories: 8
  • ResoLivingAreaSource: Builder
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Tennis Court(s), Impact Windows, Storm Shutters
  • Roof: Concrete, Membrane
  • Fencing: Wrought Iron
  • Acres: 0.06
  • Pool Private: No
  • Waterfront Features: Navigable Water, River Front, Seawall, Intracoastal
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Exterior Features:Tennis Court(s)3: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Irregular Lot: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • View:City3: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Impact Windows: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Detached Carport, Garage, Garage Door Opener, Gated, Guest, Parking Lot, Secured, Unassigned
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Unassigned: Yes
  • Parking Features:Secured: Yes
  • Parking Features:Gated: Yes
  • Parking Features:Detached Carport: 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: 1235.81
  • Association Fee Frequency: Monthly
  • Association Name: Island Pointe Condominium of Merritt Island
  • Phone: 321-806-4908
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Island Pointe Condominium of Merritt Island
  • General Property Information:Association Fee: 1235.81
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential
  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2457917
  • Parcel #: 24-36-00-00252.E-0000.00
  • Zoning Description: Condominium
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5356.3

MLS Schools

  • Elementary School: Mila
  • 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 $5,206 $400,150 $0 $0
2022 $4,577 $360,930 $0 $0
2021 $4,366 $294,480 $0 $294,480
2020 $4,595 $309,370 $0 $309,370
2019 $3,756 $281,050 $0 $281,050
2018 $3,874 $272,320 $0 $272,320
2017 $3,841 $271,580 $0 $271,580
2016 $3,694 $249,500 $0 $0
2015 $3,487 $166,370 $0 $0
2014 $3,182 $151,250 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 For Sale $389,000 0.0% $188 / Sq Ft
04/09/2025 04/09/25 Off Market $389,000 -- --
03/10/2025 03/10/25 Price Changed $389,000 -13.5% $188 / Sq Ft
01/10/2025 01/10/25 For Sale $449,900 -- $218 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed $429,900 Fidelity Natl Title Ins Co
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $299,000 No Value Available
Source: Public Records

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

MLS Number: 1033927

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-00-00252.E-0000.00