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$495,000
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Property Description
Sought after CORNER DIRECT RIVER unit overlooking the Indian River sunset! Gorgeous updated spacious condo that lives like a home! Enjoy watching the sailboats and wildlife from your own balcony! This gated community provides everything you can desire in the heart of Merritt Island! Gorgeous interior with a wonderful open concept capturing panoramic river views! Eat in island kitchen also boasts a large breakfast bar open to the living and dining area! The primary bedroom has its own balcony plus double walk-in closets, tub and separate shower! Amenities galore include a clubhouse with full kitchen, exercise room, sauna, 2 pools with hot tubs, 3 tennis courts, 1 pickle ball court & 2 basketball courts! There's a lovely boardwalk along the river for your evening strolls! Residents can kayak or paddle board in the Indian River - launching area with stairs on site. This is the lifestyle that you have been looking for! Surrounded by dining and shopping close by! Come see this one today!
Full Property Details
Full Property Details for 490 Sail Ln #301
General
- Price: $495,000
- HOA FEE: $1,235/month
- Taxes: $3,750 (2025)
- Status: Under Contract
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1067373
- Updated: 2/2/2026
- Added to Site: 31 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: Cable TV, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Gated, Jogging Path, Maintenance Grounds, Management - Full Time, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trash
- Security/Safety: Gated with Guard, Secured Lobby
Exterior
- Exterior Features: Balcony, Storm Shutters
- Porch/Patio/Deck: Rear Porch, Side Porch, Wrap Around
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Garage, Gated, Parking Lot
Location
- Area: 251 - Central Merritt Island
- County: Brevard
- Subdivision: Island Pointe Condo Ph 1B
- Driving Directions: 520 - North on Tropical Trail - left into Island Pointe - Guard Shack then follow around to the 490 building ***need lobby code***
- 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, Gated, Jogging Path, Maintenance Grounds, Management - Full Time, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trash
- Association: Yes
- Assoc. Name: Campbell Property Management
- Assoc. Fees Include: Cable TV, Insurance, Maintenance Grounds, Pest Control, Security, Trash
- Pets Allowed: Yes
- Pet Restrictions: Breed Restrictions, Number Limit, Size Limit, Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Concrete, Stucco
- Roof: Concrete
- Stories/Levels: 1
- Square Feet: 2,279
- Living Area: 2,279 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 2005
- Property Condition: Updated/Remodeled
Lot Features
- Property View: River
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Street/Road Desc.: Paved
- Lot Features: Dead End Street
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Indian River
Financial Considerations
- Price Per Sq. Ft.: $217.2
- Association Fee: Yes
- Association Fee: $1,235
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,750.72
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 24-36-35-34-00000.0-0001.11
Listed by Daignault Realty Inc
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Schools
Schools serving 490 Sail Ln #301
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 490 Sail Ln #301
Date
Details
Price
Change
Source
1/23/2026
Listed
$495,000
15.12%
MLS
4/11/2018
Sold
$430,000
—
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 490 Sail Ln #301
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,932
-16%
$282,020
3%
2024
$3,474
1%
$274,080
3%
2023
$3,439
2%
$266,100
6%
2021
$3,358
5%
$250,830
-3%
2022
$3,213
-4%
$258,350
4%
2021
$3,358
3%
$247,370
2%
2019
$3,263
-28%
$241,810
-26%
2018
$4,542
-3%
$327,150
1%
2017
$4,661
-2%
$324,090
2%
2016
$4,758
—
$317,430
26%
2015
$4,749
10%
$252,890
10%
2014
$4,336
5%
$229,900
10%
2013
$4,146
—
$209,000
—
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 490 Sail Ln #301
490 Sail Lane #301, Merritt Island, FL 32953 (MLS# 1067373) is a Condo property with 3 bedrooms and 2 full bathrooms. 490 Sail Lane #301 is currently listed for $495,000 and was received on January 23, 2026. Want to learn more about 490 Sail Lane #301? 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.

