$425,000

480 Sail Ln Unit 303 Merritt Island, FL 32953

Estimated payment $3,950/month

Total Views 5,526
3 Beds
2 Baths
2,048 Sq Ft
$208 Price per Sq Ft

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Heated Spa
  • River Access
  • Gated with Attendant
  • Open Floorplan

About This Home

Wake up to dolphins & manatees gliding through the Indian River, with breathtaking water views from your balcony! This gorgeous waterfront condo offers impact windows, crown-molded ceilings & a bright, open layout with tile & LVP flooring. The kitchen & baths shine with granite counters, while the primary suite is a true retreat with balcony access, his & hers walk-in closets, dual sinks, a jetted tub & a separate tiled shower. A guest bedroom has private pocket-door access to the hall bath, perfect for visitors. Enjoy a wine fridge, spacious laundry room w/sink, 2024 roof & 2022 A/C. Your under-building garage spot keeps your car cool, while the community spoils you with 2 heated pools, a clubhouse, a riverside boardwalk & refinished tennis & basketball courts. Plus, enjoy direct river access—launch your kayak & explore the Indian River from your backyard! Monthly dues cover amenities, cable/internet, hot water & exterior maintenance, so you can revel in the waterfront lifestyle!

Listing Agent

Zachary Spurlock

Compass Florida, LLC License #3045974

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,107

Year Built

  • Built in 2004

Lot Details

  • Property fronts an intracoastal waterway
  • River Front
  • East Facing Home
  • Few Trees
  • Zero Lot Line

HOA Fees

  • $1,236 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Intracoastal
  • River

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,048 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furniture Can Be Negotiated
  • Ceiling Fan
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

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

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • River Access
  • Balcony
  • Covered patio or porch
  • Terrace

Schools

  • Mila 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 24-36-35-00-00252.Q-0000.00

Community Details

Overview

  • Association fees include cable TV, insurance, internet, ground maintenance, maintenance structure, pest control, security, sewer, trash, water
  • Island Pointe Condo Association
  • Island Pointe Condo Ph 1A Subdivision
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby

Recreation

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

Pet Policy

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

Security

  • Gated with Attendant
  • Building Fire Alarm
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,107

Year Built

Built in 2004

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, Zero Lot Line
  • Road Surface Type: Paved
  • Reso View: River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Fire Alarm, Gated with Guard, Security Gate, Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Basketball Court, Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Management - Full Time, Pickleball, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trash, Water, Management - On Site
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Pointe Condo Ph 1A
  • Reso Accessibility Features: Accessible Elevator Installed
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Flooring: Tile, Vinyl
  • Spa Features: Community, Heated, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Cooler
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 7
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Wine Cooler: Yes
  • Laundry Features:In Unit: Yes
  • Spa Features:Community2: Yes

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Roof: Membrane
  • Acres: 0.06
  • Pool Private: No
  • Waterfront Features: River Access, River Front, Intracoastal
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Terrace
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Zero Lot Line: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Waterfront Features:River Access: Yes
  • Patio And Porch Features:Terrace: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Covered, Garage, Garage Door Opener, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Guest: 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 Condo Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Island Pointe Condo Association
  • 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 Fee Includes:Pest Control: Yes
  • Association Amenities:Gated2: Yes
  • Association Amenities:Pickleball: 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: Multi-Family, Residential
  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2457929
  • Parcel #: 24-36-35-00-00252.Q-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4107.23

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $4,074 $323,550 $0 $0
2022 $3,806 $314,130 $0 $0
2021 $3,999 $304,990 $0 $304,990
2020 $4,215 $319,820 $0 $319,820
2019 $4,603 $303,410 $0 $303,410
2018 $4,122 $293,990 $0 $293,990
2017 $4,046 $286,680 $0 $286,680
2016 $3,892 $263,370 $0 $0
2015 $3,673 $177,020 $0 $0
2014 $3,350 $160,930 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 For Sale $425,000 -- $208 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed $365,000 Attorney
Warranty Deed -- International Title & Escrow
Warranty Deed $425,000 International Title & Escrow
Warranty Deed $360,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,700 New Conventional
Closed $292,000 No Value Available
Previous Owner $340,000 No Value Available
Previous Owner $288,720 Purchase Money Mortgage
Closed $42,500 No Value Available
Source: Public Records

Similar Homes in Merritt Island, FL

  • 480 Sail Ln Unit 105, Merritt Island, FL 32953

    $389,000

    • 3 Beds
    • 2 Baths
    • 2,065 Sq Ft
    • 480 Sail Ln
    • Unit 105
    • Merritt Island, FL

    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

    Gloria Felcyn Penguin Real Estate Svc. LLC

    Section Image
  • 480 Sail Ln Unit 302, Merritt Island, FL 32953

    $395,000

    • 3 Beds
    • 2 Baths
    • 2,048 Sq Ft
    • 480 Sail Ln
    • Unit 302
    • Merritt Island, FL

    Watch the dolphins and sail boats from your direct waterfront balcony on this 3rd floor of Island Point condominiums. Great views of the Indian River Intracoastal Waterway from this three-bedroom two- bath home with oversized main bedroom view. Also comes with a 1 car garage and plenty of additional parking. Island Point offers a resort style amenities, two heated pools, hot tub, basketball and

    James Trainor Atlantic Properties & Inv, Inc

    Section Image
  • 490 Sail Ln Unit 203, Merritt Island, FL 32953

    $399,900

    • 3 Beds
    • 2 Baths
    • 2,122 Sq Ft
    • 490 Sail Ln
    • Unit 203
    • Merritt Island, FL

    Lovely waterfront property on the Indian River. View beautiful sunsets, rainbows, and launches from the Cape. Watch dolphin, manatees, stingrays swim below your balcony. Large 3 bedroom, 2 bath condo with an additional flex space. Community offers 2 swimming pools and spas, tennis courts, clubhouse with sauna, workout room,kitchen, library, and gathering spaces. Hurricane shutters on

    Gloria Felcyn Penguin Real Estate Svc. LLC

    Section Image
  • 134 Starboard Ln Unit 504, Merritt Island, FL 32953

    $458,900

    • 3 Beds
    • 2 Baths
    • 2,275 Sq Ft
    • 134 Starboard Ln
    • Unit 504
    • Merritt Island, FL

    Step into luxury with this stunning 3-bedroom, 2-bath condo nestled in the gated Island Pointe waterfront community. Enjoy breathtaking river views and spectacular sunsets on the private balcony. Indulge in top-tier amenities, including two heated pools, a clubhouse with sauna & workout room, and lushly landscaped surroundings. Inside, a gourmet kitchen boasts new stainless steel appliances,

    Elizabeth Patterson BHHS Florida Realty

    Section Image
  • 134 Starboard Ln Unit 707, Merritt Island, FL 32953

    $489,000

    • 3 Beds
    • 2 Baths
    • 2,528 Sq Ft
    • 134 Starboard Ln
    • Unit 707
    • Merritt Island, FL

    SPECTACULAR views from this 7th Floor Unit, 3bd/2ba, with bonus Den/Office; GATED Community, secure lobby access. LVP Flooring. GRANITE Kitchen and Bath countertops, SS appliances, Center Island, Kitchen Pantry and plenty of cabinet space! Primary Suite w/separate his & her walk-in closets, garden tub, newly remodeled walk-in shower & sliding glass doors to the balcony. 1st Guest suite with

    Lora Jones Coldwell Banker Realty

    Section Image
  • 134 Starboard Ln Unit 307, Merritt Island, FL 32953

    $462,000

    • 3 Beds
    • 2 Baths
    • 2,528 Sq Ft
    • 134 Starboard Ln
    • Unit 307
    • Merritt Island, FL

    Flamazing 3rd-floor condo in Island Pointe with breathtaking Indian River views from the living room and primary suite! This 3-BR, 2-BA home offers a spacious open floor plan filled with natural light from balcony sliders. The chef's kitchen boasts granite countertops, stainless steel appliances, a walk-in pantry, and a large island—perfect for cooking and entertaining. A versatile bonus room can

    Lavada C Delliquadri Flamazing Real Estate Inc.

    Section Image
  • 343 N Tropical Trail Unit 105, Merritt Island, FL 32953

    $449,900

    • 3 Beds
    • 2 Baths
    • 1,863 Sq Ft
    • 343 N Tropical Trail
    • Unit 105
    • Merritt Island, FL

    Enjoy serene riverfront living in this lovely 3-bedroom, 2-bathroom first-floor condo with stunning direct views of the Indian River. The spacious primary bedroom features a large walk-in closet, providing ample storage, while the split floor plan offers added privacy and comfort. The inviting living room is complemented by a cozy wood-burning fireplace, perfect for relaxing evenings. The space

    Lois Rawson Coldwell Banker Residential RE

    Section Image
  • 343 N Tropical Trail Unit 105, Merritt Island, FL 32953

    $449,000

    • 3 Beds
    • 2 Baths
    • 2,178 Sq Ft
    • 343 N Tropical Trail
    • Unit 105
    • Merritt Island, FL

    Enjoy serene riverfront living in this lovely 3-bedroom, 2-bathroom first-floor condo with stunning direct views of the Indian River. The spacious primary bedroom features a large walk-in closet, providing ample storage, while the split floor plan offers added privacy and comfort. The inviting living room is complemented by a cozy wood-burning fireplace, perfect for relaxing evenings. The space

    Fran Zvaigzne COLDWELL BANKER RESIDENTIAL RE

    Section Image
  • 343 N Tropical Trail Unit 302, Merritt Island, FL 32953

    $475,000

    • 3 Beds
    • 2 Baths
    • 1,663 Sq Ft
    • 343 N Tropical Trail
    • Unit 302
    • Merritt Island, FL

    Beautiful Indian River Waterfront Condo in the exclusive highly sought out Island Cove Gated Community of Merritt Island. Located directly on the Indian River, you will enjoy breathtaking views from both the Master Suite and the oversized open family room. Island Cove offers luxury and convenience with it's sparkling pool, hot tub, clubhouse, fitness room, sauna, grill area, a large newly

    Cammie Rosa Realty Pros Assured

    Section Image

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

MLS Number: 1039209

Space Coast MLS (Space Coast Association of REALTORS®)

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