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$554,953

  • For Sale
  • Active
  • Condo / Townhouse
  • 3 Beds
  • 2 Full Baths
  • 2,048 Sq. Ft.
  • Updated 7 days ago
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In a class of its own, this spectacular penthouse commands views across the Intracoastal from sunrise to sunset. Elegant residence with over 2,000 s/f of beautifully maintained interiors, featuring neutral LVP flooring, marble-look entry tile, and fresh designer paint. This timeless foundation is move-in ready, with plenty of room in the budget for a new owner's personal vision. The spacious kitchen offers 42'' cherry cabinetry, granite counters, task lighting, stainless appliances, and Fisher-Paykel dishwasher drawers. The serene owner's suite opens to a covered porch where dolphins glide below and rocket launches illuminate the sky. Tons of storage space within the unit and the private one-car garage on the first level. Resort-style amenities include two pools, fitness,

Full Property Details for 480 Sail Ln #705

General

  • Price: $554,953
  • HOA FEE: $1,236
  • Taxes: $5,160 (2025)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Regional
  • MLS ID: RX-11153174
  • Updated: 1/10/2026
  • Added to Site: 9 day(s) ago

Interior

  • Rooms/Areas: Great, Laundry-Inside
  • Interior Features: Kitchen Island, Laundry Tub, Pantry, Split Bedroom, Walk-In Closet
  • Eating Areas: Breakfast Area, Dining-Living
  • Appliances: Auto Garage Open, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Furnishings: Furniture Negotiable
  • Flooring: Ceramic Tile, Vinyl Floor

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedroom/Bathroom: Dual Sinks, Separate Shower, Separate Tub
  • Primary Bedroom: 18 x 12
  • Bedroom 2: 13 x 11
  • Bedroom 3: 13 x 10

Other Rooms

  • Living Room: 27 x 15
  • Kitchen: 14 x 11
  • Dining Room: Breakfast Nook, 8 x 7
  • Other Room 1: Balcony under Roof, 29 x 11

Additional Information

  • Shared Amenities: Basketball, Clubhouse, Elevator, Fitness Center, Game Room, Library, Lobby, Manager on Site, Pool, Tennis
  • Shared Pool: Yes
  • Tennis: Yes
  • Maint. Includes: Cable, Common Areas, Common R.E. Tax, Insurance (Building), Manager, Recreational Facility, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, Water
  • Security/Safety: Entry Phone, Gate - Manned, Lobby

Exterior

  • Exterior Features: Covered Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Garage - Building

Location

  • Area: 5940, Other Geographic Area
  • County: Brevard
  • Development Name: Island Pointe Condo Phase 1A
  • Subdivision: Island Pointe Condo Ph 1A

Community

  • Home Owners Assn.: Mandatory
  • Pets Allowed: Yes
  • Governing Bodies: Condo

Heating & Cooling

  • Cooling Type: Central, Electric
  • Heating Type: Central, Electric

Utilities

  • Utility Description: Cable, Public Sewer, Public Water

Structural Information

  • Construction: Concrete, Stucco
  • Roof: Other
  • Square Feet: 2,048
  • Sq. Ft. Source: Tax Rolls
  • Year Built: 2004

Unit Information

  • Unit Floor in Bldg.: 7
  • Unit Description: Penthouse

Lot Features

  • Property View: Intracoastal, River
  • Lot Size (Sq. Ft.): 2,178
  • Zoning: RES
  • Lot Description: < 1/4 Acre

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Intracoastal, River

Financial Considerations

  • Price Per Sq. Ft.: $270.97
  • Assoc Fee /Month: $1,236
  • Application Fee: $150
  • Tax Amount: $5,160
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: ISLAND POINTE CONDO PH 1A UNIT 705 ISLAND POINTE CONDO PHASE IA AS DESC IN ORB 5374 PG 2577 AND ALL AMENDMENTS THERETO
  • Restrictions: Lease OK w/Restrict, No RV
  • APN: 24 36350000253u

Listed by One Sotheby's Int'l Realty

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— 480 Sail Ln #705 —

  • One Sotheby's Int'l Realty

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 480 Sail Ln #705

School District:Brevard County School District
NameGradesDistance
Mila Elementary School
288 West Merritt Avenue, Merritt Island, FL 32953
PK-60.4 mi
Merritt Island High School
100 Mustang Way, Merritt Island, FL 32953
9-121.4 mi
Thomas Jefferson Middle School, Merritt Island, FL
1275 South Courtenay Parkway, Merritt Island, FL 32952
7-82.2 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 #705 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Listed
$554,953
5.71%
MLS
2/25/2022
Sold
$525,000
—
Public Record
Get Price Alerts and Save Property
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 for 480 Sail Ln #705

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,435
-24%
$370,390
-16%
2024
$5,815
—
$440,500
2%
2023
$5,828
24%
$430,150
35%
2021
$4,685
-9%
$318,980
-18%
2022
$5,164
10%
$390,930
14%
2021
$4,685
-1%
$343,390
10%
2019
$4,730
7%
$312,610
3%
2018
$4,402
-1%
$302,900
-4%
2017
$4,458
4%
$316,850
9%
2016
$4,286
6%
$291,090
47%
2015
$4,043
10%
$198,310
10%
2014
$3,685
4%
$180,290
10%
2013
$3,528
—
$163,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by One Sotheby's Int'l Realty

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480 Sail Lane, Unit #705, Merritt Island, FL 32953 (MLS# RX-11153174) is a Condo / Townhouse property with 3 bedrooms and 2 full bathrooms. 480 Sail Lane, Unit #705 is currently listed for $554,953 and was received on January 09, 2026. Want to learn more about 480 Sail Lane, Unit #705? Do you have questions about finding other Condo / Townhouse 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.

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