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$370,000
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Property Description
Wake up to dolphins & manatees gliding through the Indian River, with breathtaking water views from your balcony! This gorgeous waterfront condo offers impact windows, crown-molded ceilings & a bright, open layout with tile & LVP flooring. The kitchen & baths shine with granite counters, while the primary suite is a true retreat with balcony access, his & hers walk-in closets, dual sinks, a jetted tub & a separate tiled shower. A guest bedroom has private pocket-door access to the hall bath, perfect for visitors. Enjoy a wine fridge, spacious laundry room w/sink, 2024 roof & 2022 A/C. Your under-building garage spot keeps your car cool, while the community spoils you with 2 heated pools, a clubhouse, a riverside boardwalk & refinished tennis & basketball courts. Plus, enjoy direct river access-launch your kayak & explore the Indian River from your backyard! Monthly dues cover amenities, cable/internet, hot water & exterior maintenance, so you can revel in the waterfront lifestyle!
Full Property Details
Full Property Details for 480 Sail Ln #303
General
- Sold For: $370,000
- HOA FEE: $1,236/month
- Taxes: $4,107 (2024)
- Status: Closed
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1039209
- Added to Site: 318 day(s) ago
Interior
- Interior Features: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Cooler
- Furnishings: Negotiable
- Flooring: Tile, Vinyl
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: 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
- Spa: Yes
- Spa Description: Community, Heated, In Ground
- Security/Safety: Fire Alarm, Gated with Guard, Security Gate, Smoke Detector(s), Secured Lobby
Exterior
- Exterior Features: Balcony, Impact Windows
- Porch/Patio/Deck: Covered, Terrace
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: Attached, Covered, Garage, Garage Door Opener, Guest
Location
- Area: 251 - Central Merritt Island
- County: Brevard
- Subdivision: Island Pointe Condo Ph 1A
- Driving Directions: FL 404 W to S Tropical Trail exit toward Merritt Island Turn right onto S Tropical Trail Continue straight to S Courtenay Pkwy Turn left onto Cone Rd Turn right onto S Tropical Trail Turn left onto Sail Ln
- Direction Faces: East
School Information
- Elementary School: Mila
- Middle School: Jefferson
- High School: Merritt Island
Community
- Community Features: 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
- Association: Yes
- Assoc. Name: Island Pointe Condo Association
- Assoc. Fees Include: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water
- Pets Allowed: Yes
- Pet Restrictions: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit, Yes
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: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Concrete, Stucco
- Roof: Membrane
- Stories/Levels: 1
- Square Feet: 2,048
- Living Area: 2,048 Sq. Ft.
- Current Bldg. Use: Multi-Family, Residential
- Year Built: 2004
Lot Features
- Property View: River, Water, Intracoastal
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Street/Road Desc.: Paved
- Lot Features: Few Trees, Zero Lot Line
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Indian River
Financial Considerations
- Price Per Sq. Ft.: $183.11
- Association Fee: Yes
- Association Fee: $1,236
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,107.23
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 24-36-35-00-00252.Q-0000.00
Listed by Compass Florida, LLC
Sold by Fusilier Realty Group
Get Pre-Approved Today
Schools
Schools serving 480 Sail Ln #303
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 #303
Date
Details
Price
Change
Source
10/31/2025
Sold
$370,000
-1.33%
MLS
9/11/2025
Price Reduced
$375,000
-6.23%
MLS
6/12/2025
Price Reduced
$399,900
-2.44%
MLS
5/08/2025
Price Reduced
$409,900
-3.55%
MLS
3/20/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
480 Sail Lane #303, Merritt Island, FL 32953 (MLS# 1039209) is a Condo property that was sold at $370,000 on October 31, 2025. Want to learn more about 480 Sail Lane #303? 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.

