$741,000

Island Pointe 500 Sail Ln Unit 404 Merritt Island, FL 32953

Estimated payment $5,631/month

Total Views 2,578
3 Beds
2 Baths
2,227 Sq Ft
$333 Price per Sq Ft

Highlights

  • Fitness Center
  • In Ground Pool
  • Open Floorplan
  • Gated with Attendant
  • Bridge View
  • Clubhouse

About This Home

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 area with panoramic river views and 5 sets of sliders to the balconies. The kitchen features dual tray ceilings, granite countertops, a large breakfast bar, a moveable island, & Whirlpool appliances. The master suite has balcony access, his-&-hers closets, & a spa-like bath with a jetted tub & walk-in shower. Additional highlights include electric hurricane shutters, in-unit laundry, private garage parking, 2 pools, 2 spas, 2 sports courts, & more. Still owned by its original owner, Suite 404 is now ready for you to experience luxury living at its finest. Don't miss this rare opportunity!

Listing Agent

Robert Klingensmith

Lokation Real Estate License #3425712

Lokation Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,115

Year Built

  • Built in 2005

Lot Details

  • River Front
  • Property fronts a private road
  • Street terminates at a dead end
  • Northwest Facing Home

HOA Fees

  • $1,236 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Secure Parking

Property Views

  • River
  • Bridge

Home Design

  • Membrane Roofing
  • Stucco

Interior Spaces

  • 2,227 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Closed Circuit Camera
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, pest control, security, sewer, trash, water
  • Keys Property Management / Island Pointe Condo Asc Association
  • Island Pointe Condo Ph 1C Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby
  • Elevator

Recreation

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

Pet Policy

  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Gated with Attendant
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,115

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: In Unit
  • ResoLotFeatures: Dead End Street
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso View: Bridge(s), River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Closed Circuit Camera(s), Gated with Guard, Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Basketball Court, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Pickleball, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
  • Reso Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Pointe Condo Ph 1C
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • View Bridge(s): Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Elevator, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: In Ground
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 7
  • ResoLivingAreaSource: Appraiser
  • 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:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Elevator: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Balcony, Tennis Court(s), Storm Shutters
  • Pool Features: Fenced, In Ground
  • Roof: Membrane
  • Acres: 0.03
  • Pool Private: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Stucco
  • Direction Faces: Northwest
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Exterior Features:Tennis Court(s)3: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Garage Door Opener, Secured
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Secured: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1235.81
  • Association Fee Frequency: Monthly
  • Association Name: Keys Property Management / Island Pointe Condo Asc
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Keys Property Management / Island Pointe Condo Asc
  • 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: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:Pickleball: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2459167
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

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 $3,115 $262,060 $0 $0
2022 $2,939 $254,430 $0 $0
2021 $3,243 $247,020 $0 $0
2020 $3,178 $243,610 $0 $0
2019 $3,143 $238,140 $0 $0
2018 $3,151 $233,700 $0 $0
2017 $3,181 $228,900 $0 $0
2016 $3,237 $224,200 $0 $0
2015 $3,339 $222,650 $0 $0
2014 $3,362 $220,890 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2025 03/29/25 For Sale $741,000 -- $333 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- State Title
Interfamily Deed Transfer -- State Title
Warranty Deed $640,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,500 New Conventional
Closed $160,852 New Conventional
Closed $160,000 Fannie Mae Freddie Mac
Source: Public Records

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

MLS Number: 1041595

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.50