Date
Details
Price
Change
Source
1/07/2026
Listed
$3,495
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,495
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Property Description
Welcome to the premier waterfront condo you've been waiting for! This stunning 3-bedroom, 2-bath, 2,048 sq ft top-floor residence at Island Pointe offers 360° water views, direct Indian River frontage, and an expansive open-concept layout that truly feels like a single-family home. Fully remodeled with Cambria quartz throughout, the entertainer's kitchen features Bosch stainless steel appliances, a large pantry, and a stylish dry bar with built-in wine fridge. Floor-to-ceiling sliders lead to a private waterfront balcony-perfect for enjoying breathtaking sunsets and rocket launches. Located in a gated, guard-manned community on Merritt Island, residents enjoy two pools, clubhouse, fitness center, tennis courts, sauna, and more. The home boasts soaring 10-foot ceilings, designer bathrooms with backlit mirrors and premium finishes, a laundry room with sink and high-end washer/dryer, generous storage, hurricane shutters with new motor, and a private indoor garage plus guest parking. Water and cable are included, and the unit may be furnished for an additional fee. Just minutes from beaches, Cocoa Village, dining, and easy access to Orlando-this is resort-style waterfront living at its finest. All Innovation Property Management residents are enrolled in the Resident Benefits Package (RBP) for $45.00/month which includes liability insurance, HVAC air filter delivery (for applicable properties), on-demand pest control, and much more! More details upon application. Price may be reduced depending on tenant's desire to add pest control and/or provide proof of adequate insurance coverage. HOW TO APPLY: 1. Visit the website of Innovation Property Management, Inc. 2. Click "Rentals" at the top of the page. 3. Find the rental unit you are interested in on the list and click "Apply Now".
Full Property Details
Full Property Details for 480 Sail Ln #703
General
- Rent: $3,495
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: S5141244
- Updated: 1/7/2026
- Added to Site: 11 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Appliances: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
- Furnishings: Partially
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Pool Description: Heated, In Ground
- Spa: Yes
- Spa Description: Heated, In Ground
Exterior
- Exterior Features: Balcony, Hurricane Shutters, Sliding Doors, Tennis Court(s)
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- Area: 32953 - Merritt Island
- County: Brevard
- Development Name: 32953 - Merritt Island
- Subdivision: ISLAND POINTE CONDO
- Driving Directions: From Orlando Airport (MCO): Take FL-528 E toward Cocoa ? Continue ~35 miles ? Take Exit 42 to I-95 N ? Exit 201 for FL-404 E toward Merritt Island ? Continue on FL-404 E ? Turn right onto N Courtenay Pkwy ? Turn left onto Sail Ln.
- Direction Faces: West
Community
- Community Name: 32953 - Merritt Island
- Community Features: Fishing, Waterfront, Fitness Center, Golf Carts OK, Pool, Tennis Court(s)
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water District: INDIAN RIVER
- Water: Public
- Utility Description: Other
Structural Information
- Stories/Levels: One
- Square Feet: 2,048
- Sq. Ft. Source: Public Records
- Year Built: 2004
Lot Features
- Street/Road Desc.: Asphalt, Paved
Water Features
- Water Access: Yes
- Water Access Desc: Intracoastal Waterway, River
- Water Front Name: INDIAN RIVER
- Water Front Desc.: Waterfront
Financial Considerations
- Lease Price: $3,495
- Application Fee: $75
- Security Deposit: $3,495
Disclosures and Reports
- APN: 2436350000253.U0000.00
- Property ID: 2436350000253.U0000.00
Listed by Transcend Realty
Schools
Schools serving 480 Sail Ln #703
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 History for 480 Sail Ln #703
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- Condo
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 2,419Sq. Ft.
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- Condo
- Active
- Updated 2 hours ago
- 2Beds
- 2Total Baths
- 928Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,960Sq. Ft.
- Condo
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,346Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 2,011Sq. Ft.
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- Apartment
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 930Sq. Ft.
- Condo
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,393Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,022Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 2Total Baths
- 1,350Sq. Ft.
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- Condo
- Closed
- 3Beds
- 2Total Baths
- 2,310Sq. Ft.
Listed and Sold by Benchmark Real Estate Grp Inc
480 Sail Lane #703, Merritt Island, FL 32953 (MLS# S5141244) is a Condo property with 3 bedrooms and 2 full bathrooms. 480 Sail Lane #703 is currently listed for rent at $3,495 and was received on January 07, 2026. Want to learn more about 480 Sail Lane #703? Do you have questions about finding other real estate for sale or rent in Merritt Island? You can browse all Merritt Island rentals or contact a Coldwell Banker agent to request more information.