$399,900
$30K PRICE DROP

490 Sail Ln Unit 203 Merritt Island, FL 32953

Estimated payment $3,714/month

Total Views 8,821
3 Beds
2 Baths
2,122 Sq Ft
$188 Price per Sq Ft

Highlights

  • Home fronts a seawall
  • Fitness Center
  • Gated with Attendant
  • Private Water Access
  • Intracoastal View
  • Heated Spa

About This Home

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 balcony, high
impact windows on walkway. Individual garages on first floor of building.

Listing Agent

Gloria Felcyn

Penguin Real Estate Svc. LLC License #262342

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 2005

Lot Details

  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • River Front
  • Property fronts a private road
  • South Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Many Trees

HOA Fees

  • $1,236 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gated Parking
  • Guest Parking
  • Additional Parking
  • Parking Lot

Property Views

  • Intracoastal
  • River
  • Bridge

Home Design

  • Contemporary Architecture
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,122 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate
  • Closed Circuit Camera

Pool

  • Heated Spa
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Private Water Access
  • Balcony
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-34-00000.0-0001.08

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 1B Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby

Recreation

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

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Gated with Attendant
  • Phone Entry
  • Secure Elevator
  • 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

$2,952

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,236 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Washer Hookup
  • ResoLotFeatures: Many Trees
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt, Paved
  • Reso View: Bridge(s), River, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Security Gate, Security Lights, Smoke Detector(s), Entry Phone/Intercom, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Basketball Court, Cable TV, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, 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 1B
  • Architectural Style: Contemporary
  • 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: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: 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, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Spa Features: Community, Heated, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 1
  • Stories: 7
  • ResoLivingAreaSource: Builder
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): 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
  • Laundry Features:In Unit: Yes
  • Spa Features:Community2: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Outdoor Shower, Tennis Court(s), Impact Windows, Storm Shutters
  • Roof: Membrane
  • Fencing: Block, Wrought Iron
  • Acres: 0.04
  • Pool Private: No
  • Waterfront Features: River Front, Seawall, Intracoastal
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Rear Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Outdoor Shower: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Exterior Features:Tennis Court(s)3: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Lot Features:Many Trees: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Attached, Covered, Garage, Garage Door Opener, Gated, Guest, Parking Lot
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Gated: Yes

Utilities

  • Cooling: Central Air, Electric, Separate Meters
  • 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 Amenities:Gated2: 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: 1742.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2458415
  • Parcel #: 24-36-35-34-00000.0-0001.08
  • Zoning Description: Condominium
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2951.82

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 $3,041 $239,070 $0 $0
2022 $2,839 $232,110 $0 $0
2021 $2,963 $225,350 $0 $0
2020 $2,910 $222,240 $0 $0
2019 $2,875 $217,250 $0 $0
2018 $2,883 $213,200 $0 $0
2017 $2,913 $208,820 $0 $0
2016 $2,964 $204,530 $0 $0
2015 $3,057 $203,110 $0 $0
2014 $3,079 $201,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Price Changed $399,900 -7.0% $188 / Sq Ft
11/16/2024 11/16/24 For Sale $429,900 -- $203 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $180,000 Rels Title
Trustee Deed -- None Available
Warranty Deed $510,900 --
Warranty Deed $520,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $408,720 Fannie Mae Freddie Mac
Previous Owner $371,115 Fannie Mae Freddie Mac
Source: Public Records

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

MLS Number: 1029835

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.08