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$429,000 Just Listed
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Property Description
Watch dolphins play from your balcony! Enjoy luxury waterfront living on the Intracoastal Waterway in the gated Island Pointe Condominium community! This spacious 3rd-floor, 3-bedroom, 2-bath residence offers breathtaking direct Indian River views and spectacular sunsets. The open floor plan features a large great room ideal for entertaining and a well-appointed kitchen with granite countertops, stainless steel appliances and movable island. The primary suite offers beautiful water views, generous closets, and spacious bathroom. Additional features include electric storm shutters, custom built-in shelving, and a laundry room with utility sink. Includes a private one-car garage. Two elevators in the building. Enjoy resort-style amenities including two heated pools, tennis, pickleball, fitness center, clubhouse, and riverfront boardwalk. Conveniently located minutes to beaches, Port Canaveral, Kennedy Space Center, NASA, and SpaceX. 45 minutes to Orlando Airport.
Full Property Details
Full Property Details for 480 Sail Ln #206
General
- Price: $429,000
- HOA FEE: $1,236/month
- Taxes: $2,606 (2025)
- Status: Active
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1071177
- Updated: Today (3/5/2026)
- Added to Site: Today
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Laminate, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, In Unit, Sink, Washer Hookup
Additional Information
- Shared Amenities: Cable TV, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Pickleball, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trash, Water
- Spa: Yes
- Spa Description: Community, Heated, In Ground
- Security/Safety: Gated with Guard, Secured Lobby
Exterior
- Exterior Features: Balcony, Tennis Court(s), Storm Shutters
Parking
- Parking Features: Additional Parking, Garage, Garage Door Opener, Underground
Location
- Area: 251 - Central Merritt Island
- County: Brevard
- Subdivision: Island Pointe Condo Ph 1A
- Driving Directions: Merritt Island Causeway (520 ) North on North Tropical Trail. Second left on Sail Lane to Island Pointe guard gate.
- Direction Faces: East
School Information
- Elementary School: Mila
- Middle School: Jefferson
- High School: Merritt Island
Community
- Community Features: Cable TV, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Pickleball, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trash, Water
- Association: Yes
- Assoc. Name: ISLAND POINTE CONDOMINIUM ASSOCIATION, INC.
- Assoc. Fees Include: Cable TV, Maintenance Grounds, Pest Control, Security, Sewer, Trash, Water
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Concrete, Stucco
- Roof: Concrete, Membrane
- Stories/Levels: 1
- Square Feet: 2,048
- Living Area: 2,048 Sq. Ft.
- Current Bldg. Use: Multi-Family
- Year Built: 2004
Additional Structures
- Other Structures: Tennis Court(s)
Lot Features
- Property View: Bridge(s), River, Water, Intracoastal
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Features: Dead End Street
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Indian River
Financial Considerations
- Price Per Sq. Ft.: $209.47
- Association Fee: Yes
- Association Fee: $1,236
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,606.06
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 24-36-35-00-00252.M-0000.00
Listed by LPT Realty LLC
Get Pre-Approved Today
Schools
Schools serving 480 Sail Ln #206
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Mila Elementary School 288 West Merritt Avenue, Merritt Island, FL 32953 | PK-6 | 0.4 mi |
Merritt Island High School 100 Mustang Way, Merritt Island, FL 32953 | 9-12 | 1.4 mi |
Thomas Jefferson Middle School, Merritt Island, FL 1275 South Courtenay Parkway, Merritt Island, FL 32952 | 7-8 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 480 Sail Ln #206
Date
Details
Price
Change
Source
3/05/2026
Listed
$429,000
10%
MLS
2/18/2021
Sold
$390,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 480 Sail Ln #206
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,882
-21%
$199,360
3%
2024
$2,393
-1%
$193,750
3%
2023
$2,419
-46%
$188,110
-38%
2021
$4,503
100%
$304,990
67%
2022
$2,255
-50%
$182,640
92%
2021
$4,503
288%
$95,090
2%
2019
$1,160
-55%
$92,960
-55%
2018
$2,588
-1%
$206,840
2%
2017
$2,605
-1%
$202,590
2%
2016
$2,644
-10%
$198,430
1%
2015
$2,951
-10%
$197,060
26%
2014
$3,266
4%
$156,090
10%
2013
$3,129
—
$141,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 480 Sail Ln #206
480 Sail Lane #206, Merritt Island, FL 32953 (MLS# 1071177) is a Condo property with 3 bedrooms and 2 full bathrooms. 480 Sail Lane #206 is currently listed for $429,000 and was received on March 05, 2026. Want to learn more about 480 Sail Lane #206? Do you have questions about finding other Condo real estate for sale in Merritt Island? You can browse all Merritt Island real estate or contact a Coldwell Banker agent to request more information.

