480 Sail Lane # 502 Merritt Island, FL $ 499,000
480 Sail Lane # 502
$ 499,000
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480 Sail Lane # 502

Merritt Island, FL, 32953
$ 499,000
Bedrooms3 Baths2.0 Sq 2,048

Monthly Estimate*

$ 3,317

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Condo for sale in Merritt Island, FL

for $499,000 with 3 bedrooms and 2 full baths. This 2,048 square foot condo was built in 2004 on a lot size of 0.06.

#LEASE PURCHASE this beautiful riverfront escape; the epitome of waterside luxury - Island Pointe Condo! With its picturesque river views and unparalleled access to a myriad of amenities, this condo offers a lifestyle of unparalleled comfort and convenience.The heart of this condominium is its expansive living area, bathed in natural light The open-concept layout seamlessly integrates the living, dining, and kitchen areas, creating a perfect space for entertaining guests or simply unwinding after a long day. Luxury vinyl plank floors throughout. Huge kitchen with modern appliances and breakfast nook. Retreat to the master suite, where luxury meets tranquility. Wake up to panoramic views of the river from the comfort of your bed, or indulge in a spa-like experience in the ensuite bathroom complete with a soaking tub and a walk-in shower. Guests will feel right at home in the well-appointed guest bedrooms, offering comfort and privacy. (READ SUPPLEMEN Whether you're seeking a serene retreat or an active lifestyle, this exceptional residence offers the perfect blend of luxury, comfort, and convenience. Welcome home to waterfront paradise.

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Condo Active

Price

$ 499,000

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 5,437

Style

Condominium

Lot Size

0.06

Year Built

2004

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1006815

Features
General
Interior Features Breakfast Bar Ceiling Fan(s) Eat-in Kitchen Elevator Entrance Foyer Guest Suite In-Law Floorplan Kitchen Island Open Floorplan Pantry Primary Bathroom -Tub with Separate Shower Split Bedrooms Walk-In
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Concrete Tile
Appliances Dishwasher Disposal Dryer Electric Range Electric Water Heater Microwave Refrigerator Washer
Exterior Features Balcony Tennis Court(s) Storm Shutters
HOA 882.79
Garage Spaces 1.0
Association Fee Includes Cable TV Insurance Maintenance Grounds Security Sewer Trash Water
Patio/Porch Features Covered Porch Rear Porch
Pool Features In Ground
Security Features Gated with Guard Security Gate Smoke Detector(s) Secured Lobby
Construction Materials Block Concrete Stucco
Pets Allowed Size Limit Yes
Year Built 2004
View River
Stories 1
Levels One
Unit Number 502
Property SubType Condominium
Tax Year 2023
Current Use Investment Residential
Waterfront Features River Front Waterfront Community
Additional Parcels Description 2457942
Assoc Fee Paid Per Monthly
County Brevard
New Construction N
Property Type Residential
Association Amenities Basketball Court Car Wash Area Clubhouse Elevator(s) Fitness Center Gated Maintenance Grounds Management - Full Time Sauna Security Tennis Court(s)
HOA / Comm Assn Y
Attached Garage Y
Subdivision Name Island Pointe Condo Ph 1A
Facing Direction South
Garage Y/N Y
Other Structures Tennis Court(s)
Total Rooms 0
Status Active
Directions from 520 north on Tropical trail west on Sail
High School Merritt Island
City Merritt Island
Body of Water Indian River
Association Name Keys Property Mgmt
View Y/N N
Senior Community Y/N N
MLS Area 251 - Central Merritt Island
Lot Size Square Feet 2614.0
Waterfront Y/N Y
Carport Y/N N
Street Name Sail
Elementary School Mila
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5437.78
Home Warranty Y/N N
Middle/Junior High School Jefferson
Lease Renewal Y/N N
MLS Area Minor 251 - Central Merritt Island
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1006815
Standard Status Active
Legal Description ISLAND POINTE CONDO PH 1A UNIT 502 ISLAND POINTE CONDO PHASE IA AS DESC IN ORB 5374 PG 2577 AND ALL AMENDMENTS THERETO
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Interior
Flooring Vinyl
Furnished Y/N Unfurnished
Total Fireplaces 0
Total Stories 8
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 2
Half Baths 0
Street Suffix Lane
Laundry Features In Unit
Total Bedrooms 3
Entry Level 5
Electric On Property Y/N N
Total Baths 2
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Exterior
Parking Features Additional Parking Attached Garage
Lot Features Dead End Street
Water Source Public
Lot Size Area 0.06
Spa N
Lot Size Acres 0.06
Road Surface Type Asphalt
Lot Size Units Acres
Road Frontage Type County Road
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 480
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* Excluded Features
List By
Re/Max Aerospace Realty

Broker

bresskl@yahoo.com

Email

Affordability Calculator

$3,770
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,317
Monthly Property Taxes
$453
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1362986 Elementary School
1362970 Middle School
Merritt Island High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$499,000 -3.11% Price Down
4/30/2024$515,000 -1.72% Price Down
4/12/2024$524,000 -4.64% Price Down
3/5/2024$549,500 Listed Price

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480 Sail Lane # 502, Merritt Island, FL, 32953 is a Condo for sale at $499,000 with 2,048 sqft and a lot size of 0.06. 480 Sail Lane # 502 has 3 bedrooms, 2.0 baths, and was built in 2004. The property's zip code is 32953 which is in Merritt Island, FL