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$345,000
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Property Description
Watch the dolphins and sail boats from your direct waterfront balcony on this 3rd floor of Island Point condominiums. Great views of the Indian River Intracoastal Waterway from this three-bedroom two- bath home with oversized main bedroom view. Also comes with a 1 car garage and plenty of additional parking. Island Point offers a resort style amenities, two heated pools, hot tub, basketball and Pickle, tennis courts, workout room, sauna and large clubhouse for the pool parties!. Near all the cool things Space Coast. 5 minutes to Historic Cocoa Village and 10 minutes to Cocoa beaches.
Full Property Details
Full Property Details for 480 Sail Ln #302
General
- Price: $345,000
- HOA FEE: $1,236/month
- Taxes: $2,083 (2024)
- Status: Under Contract
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1038079
- Updated: 12/24/2025
- Added to Site: 330 day(s) ago
Interior
- Interior Features: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Entrance Foyer, Primary Bathroom -Tub with Separate Shower
- Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Unit, Sink, Washer Hookup
Additional Information
- Shared Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Jogging Path, Management - Full Time, Management - Off Site, Management - Part Time, Pickleball, Pool, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Management - On Site
- Spa: Yes
- Spa Description: Community, In Ground
- Security/Safety: 24 Hour Security, Gated with Guard, Security Gate
Exterior
- Exterior Features: Balcony, Storm Shutters
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Additional Parking, Garage, Guest
Location
- Area: 251 - Central Merritt Island
- County: Brevard
- Subdivision: Island Pointe Condo Ph 1A
- Driving Directions: West Merritt Island Causeway (520 ) North on North Tropical Trail. Second left on Sail Lane to Island Pointe guard gate. Inform guard showing building 480 unit 302. Schedule with showingtime to access code to building and unit front door.
- Direction Faces: East
School Information
- Elementary School: Mila
- Middle School: Jefferson
- High School: Merritt Island
Community
- Community Features: Clubhouse, Elevator(s), Fitness Center, Gated, Jogging Path, Management - Full Time, Management - Off Site, Management - Part Time, Pickleball, Pool, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Management - On Site
- Association: Yes
- Assoc. Name: Island Pointe
- Assoc. Fees Include: Cable TV, Insurance, 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, Electric
- Heating Type: Central, Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Other
- Cable Available: Yes
- Utility Description: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- Architectural Style: Contemporary
- Exterior Const.: Concrete
- Stories/Levels: 1
- Square Feet: 2,048
- Living Area: 2,048 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2004
Lot Features
- Property View: River, Intracoastal
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Features: Cleared
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Indian River
Financial Considerations
- Price Per Sq. Ft.: $168.46
- Association Fee: Yes
- Association Fee: $1,236
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,083.63
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 24-36-35-00-00252.P-0000.00
Listed by Atlantic Properties & Inv, Inc
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Schools
Schools serving 480 Sail Ln #302
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 #302
Date
Details
Price
Change
Source
11/08/2025
Price Reduced
$345,000
-12.66%
MLS
2/22/2025
Listed
$395,000
23.48%
MLS
1/31/2005
Sold
$319,900
—
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 #302
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,562
-25%
$172,570
3%
2024
$2,084
2%
$167,710
3%
2023
$2,049
1%
$162,830
6%
2021
$2,022
3%
$153,490
-3%
2022
$1,960
-3%
$158,090
4%
2021
$2,022
6%
$151,380
4%
2018
$1,910
—
$145,230
2%
2017
$1,917
-1%
$142,250
2%
2016
$1,942
2%
$139,330
-6%
2019
$1,912
-4%
$147,980
7%
2015
$1,995
—
$138,370
1%
2014
$2,005
—
$137,280
1%
2013
$2,014
—
$135,260
—
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 #302
480 Sail Lane #302, Merritt Island, FL 32953 (MLS# 1038079) is a Condo property with 3 bedrooms and 2 full bathrooms. 480 Sail Lane #302 is currently listed for $345,000 and was received on February 22, 2025. Want to learn more about 480 Sail Lane #302? 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.

