$669,900

490 Sail Ln Unit 702 Merritt Island, FL 32953

Estimated payment $5,484/month

Total Views 4,035
3 Beds
2 Baths
2,230 Sq Ft
$300 Price per Sq Ft

Highlights

  • Home fronts a seawall
  • Intracoastal View
  • Heated Spa
  • Fitness Center
  • 24-Hour Security
  • Gated Parking

About This Home

Penthouse Waterfront property located in desirable Island Pointe. This fully-furnished, turn-key unit is ready to welcome you to carefree condo living! The open floorplan draws your eyes to the breathtaking river views. Spacious Primary Suite features sliding glass doors to the balcony, dual closets, jetted tub and separate walk-in shower. Community resort style amenities include a pool & spa, clubhouse, boardwalk, basketball/tennis/pickleball courts & fitness center. Deeded garage under the building for secure parking and storage. Your island paradise awaits!

Listing Agent

Toni Pastermack

Pastermack Real Estate License #555056

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,112

Year Built

  • Built in 2005

Lot Details

  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • River Front
  • Southeast Facing Home
  • Few Trees

HOA Fees

  • $1,236 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gated Parking
  • Secured Garage or Parking
  • Guest Parking
  • Parking Lot

Property Views

  • Intracoastal
  • River

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Tile Flooring
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

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

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch

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 24-36-35-34-00000.0-0001.32

Community Details

Overview

  • Association fees include cable TV, insurance, internet, ground maintenance, maintenance structure, pest control, security, sewer, trash, water
  • Island Pointe Pud c/o Keys Enterprise Association, Phone Number (321) 806-4908
  • Island Pointe Condo Ph 1B Subdivision
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby
  • Elevator

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

  • 24-Hour Security
  • 24 Hour Access
  • Phone Entry
  • Building Fire Alarm
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,112

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, Sink, Washer Hookup
  • ResoLotFeatures: Few Trees
  • Reso View: River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: 24 Hour Security, 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, 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 1B
  • Carport Y N: No
  • Entry Level: 7
  • 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: Ceiling Fan(s), Eat-in Kitchen, Elevator, Entrance Foyer, Guest Suite, Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Spa Features: Community, Heated, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 1
  • Stories: 7
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Elevator: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Laundry Features:In Unit: Yes
  • Spa Features:Community2: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Roof: Membrane
  • Acres: 0.04
  • Pool Private: No
  • Waterfront Features: River Front, Seawall, Intracoastal
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: Southeast
  • Patio And Porch Features: Covered, Rear Porch
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Lot Features:Few Trees: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Covered, Garage, Garage Door Opener, Gated, Guest, Parking Lot, Secured, Underground
  • 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
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Secured: Yes
  • Parking Features:Gated: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, 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 PUD c/o Keys Enterprise
  • Phone: 321-806-4908
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Island Pointe PUD c/o Keys Enterprise
  • 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: Residential
  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2458439
  • Parcel #: 24-36-35-34-00000.0-0001.32
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6111.56

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 $6,064 $450,790 $0 $0
2022 $5,348 $405,840 $0 $0
2021 $5,291 $360,660 $0 $360,660
2020 $5,216 $363,710 $0 $363,710
2019 $4,941 $340,390 $0 $340,390
2018 $4,773 $329,820 $0 $329,820
2017 $4,797 $339,480 $0 $339,480
2016 $4,613 $311,880 $0 $0
2015 $4,353 $212,960 $0 $0
2014 $3,969 $193,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 For Sale $669,900 0.0% $300 / Sq Ft
07/07/2017 07/07/17 Rented $2,100 -16.0% --
06/14/2017 06/14/17 Under Contract -- -- --
05/01/2017 05/01/17 Price Changed $2,500 -10.7% $1 / Sq Ft
03/01/2017 03/01/17 For Rent $2,800 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $162,500 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $610,900 --
Source: Public Records

Similar Homes in Merritt Island, FL

  • 134 Starboard Ln Unit 408, Merritt Island, FL 32953

    $579,900

    • 3 Beds
    • 2 Baths
    • 2,504 Sq Ft
    • 134 Starboard Ln
    • Unit 408
    • Merritt Island, FL

    Waterfront 3/2 condo in Island Pointe. This well maintained unit with many recent upgrades welcomes you with a bright open floor plan. Enjoy river views throughout the living areas and spacious primary bedroom. Well-appointed island kitchen with granite countertops and stainless steel appliances. Bonus space is perfect for a formal dining room, study or den. Private oversized garage has a direct

    Toni Pastermack Pastermack Real Estate

    Section Image
  • 134 Starboard Ln Unit 309, Merritt Island, FL 32953

    $629,000

    • 3 Beds
    • 2 Baths
    • 2,504 Sq Ft
    • 134 Starboard Ln
    • Unit 309
    • Merritt Island, FL

    Welcome to your dream waterfront escape! This fully furnished 3-bedroom, 2-bathroom condo offers spectacular sunset views over the river, where dolphins and manatees play right outside your window. Thoughtfully designed with designer touches throughout, this stunning residence is move-in ready and features two brand-new air conditioners for year-round comfort. Step onto your private balcony and

    Jennifer Weatherholt One Sotheby's International

    Section Image
  • 134 Starboard Ln Unit 705, Merritt Island, FL 32953

    $565,000

    • 3 Beds
    • 2 Baths
    • 2,270 Sq Ft
    • 134 Starboard Ln
    • Unit 705
    • Merritt Island, FL

    STUNNING 7th-floor 3-bed, 2-bath condo in Island Pointe offers unparalleled views of the Indian River from the living room & primary suite. The dreamy chef's kitchen features beautiful granite counters, new Bosch stainless steel appliances, a walk-in pantry, & a large island, providing space for cooking & entertaining. Natural light enters from the balcony sliders into the spacious open

    Christina Ritman Florida Lifestyle Realty LLC

    Section Image
  • 500 Sail Ln Unit 404, Merritt Island, FL 32953

    $741,000

    • 3 Beds
    • 2 Baths
    • 2,227 Sq Ft
    • 500 Sail Ln
    • Unit 404
    • Merritt Island, FL

    Welcome to Suite 404 at Island Pointe! A stunning riverfront condo at the tip of a peninsula with unmatched north & west-facing views. Watch rocket launches to the north and breathtaking sunsets to the west. From your balcony, enjoy daily sightings of dolphins, manatees, and birds. This guard-gated community has a secured lobby entrance. Inside, a grand hallway leads to a spacious living & dining

    Robert Klingensmith Lokation Real Estate

    Section Image
  • 480 Sail Ln Unit 705, Merritt Island, FL 32953

    $659,953

    • 3 Beds
    • 2 Baths
    • 2,048 Sq Ft
    • 480 Sail Ln
    • Unit 705
    • Merritt Island, FL

    Spectacular penthouse views across the Intracoastal span from sunrise to sunset. Beautifully appointed home incorporates over 2,000 s/f of luxe finishes including neutral LVP flooring throughout, marble-look entry tile, and fresh interior paint. Spacious kitchen features high-end cherry cabinetry with granite counters, task lighting, stainless steel appliance suite and Fisher-Paykel dishwasher

    Michelle Farr One Sotheby's International

    Section Image
  • 590 S Banana River Dr Unit 204, Merritt Island, FL 32952

    $620,000

    • 3 Beds
    • 3 Baths
    • 2,310 Sq Ft
    • 590 S Banana River Dr
    • Unit 204
    • Merritt Island, FL

    Luxurious riverfront paradise with extra-wide front and back balconies offering stunning Banana River views from every room. This spacious, secure, gated condo features soaring 10 ft ceilings, high-end upgrades & tons of natural light. Enjoy low-maintenance luxury plank flooring throughout, adding both style and durability. The custom kitchen boasts upgraded cabinetry and a chic bar area—perfect

    Barbara Zorn Better Homes & Gardens RE Star

    Section Image
  • 202 Ivory Coral Ln Unit 304, Merritt Island, FL 32953

    $549,000

    • 3 Beds
    • 2 Baths
    • 1,266 Sq Ft
    • 202 Ivory Coral Ln
    • Unit 304
    • Merritt Island, FL

    Attention Investors! Come check out this unique, fully furnished, 3 bed/2 bath condo in Cape Crossing Resort and Marina! This upgraded, 2020 built, waterfront condo/complex allows Short Term Daily Rentals that you can Airbnb/Vrbo yourself or use the onsite management company. You can live here year round or use it at your leisure and rent it out while not using it. This unit has high-end

    Eric Krall Blue Marlin Real Estate

    Section Image
  • 202 Ivory Coral Ln Unit 405, Merritt Island, FL 32953

    $534,900

    • 3 Beds
    • 2 Baths
    • 1,266 Sq Ft
    • 202 Ivory Coral Ln
    • Unit 405
    • Merritt Island, FL

    Cape Crossing Resort is only four years old! Fully Furnished 3 bedrooms, 2 bathroom condo. This unit has luxurious finishes including quartz countertops, tile flooring throughout, SS appliances, impact rated windows! Cape Crossings resort has a waterfront restaurant on premises, pool, hot tub, gym, clubhouse, and sauna. Boat slips available to rent on premises as well! Navigational waterway just

    Justin Luke Blue Marlin Real Estate

    Section Image
  • 202 Ivory Coral Ln Unit 403, Merritt Island, FL 32953

    $555,000

    • 3 Beds
    • 2 Baths
    • 1,266 Sq Ft
    • 202 Ivory Coral Ln
    • Unit 403
    • Merritt Island, FL

    Welcome to Cape Crossing Resort and Marina, perfectly located in North Merritt Island along the barge canal, offering quick access to many of Brevard's top destinations. With easy access to both the Indian and Banana River Lagoons, and just minutes from the Port Canaveral locks, Cape Crossing is ideal for water lovers. Dock your boat at one of our 145 slips or take advantage of daily boat, kayak,

    Richard Lemon Keller Williams Space Coast

    Section Image

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

MLS Number: 1040589

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.32