This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$335,500
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Drastic $100k price reduction!!!! Direct river w/ amazing sunset views from the most sought after building in Island Pointe! Open floor plan boasts 3 spacious bedrooms & 2 full baths! Wood cabinets & quartz counters accent the kitchen that offers a movable island + a nook, pantry & breakfast bar! The great rm layout captures gorgeous river views! The primary also has balcony access & provides a luxury bath w/ a jetted tub, separate shower, double sinks & two walk-in closets! The 2 guest rms also have walk-in closets & 1 has private bath access! The large balcony is perfect for your evening unwind & incl hurricane shutters! The assoc & buildings are in great condition! This complex has so many amenities incl a large clubhouse w/ a full kitchen, exercise rm, sauna, 2 pools, hot tubs, tennis courts, pickle ball court & basketball courts! Enjoy river activities too or just watch the dolphins & manatees from the boardwalk! Close to shopping & easy trip to the beach! Furnished too!
Full Property Details
Full Property Details for 500 Sail Ln #203
General
- Sold For: $335,500
- HOA FEE: $1,235/month
- Taxes: $4,024 (2023)
- Status: Closed
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1055524
- Added to Site: 192 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Carpet, Tile
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: Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Gated, Jogging Path, Maintenance Grounds, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trash, Management - On Site
- Security/Safety: Gated with Guard, Security Gate, Secured Lobby
Exterior
- Exterior Features: Balcony, Storm Shutters
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Additional Parking, Garage, Garage Door Opener, Parking Lot, Underground
Location
- Area: 251 - Central Merritt Island
- County: Brevard
- Subdivision: Island Pointe Condo Ph 1C
- Driving Directions: 520 - north on Tropical Trail - left into Island Pointe - thru guard shack - go to the farthest east building which is 500 Sail Ln
- Direction Faces: East
School Information
- Elementary School: Mila
- Middle School: Jefferson
- High School: Merritt Island
Community
- Community Features: Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Gated, Jogging Path, Maintenance Grounds, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trash, Management - On Site
- Association: Yes
- Assoc. Name: Island Pointe Condominium by Campbell Prop Mgmt
- Assoc. Fees Include: Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control, Security, Trash, Water
- 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: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Stucco
- Stories/Levels: 1
- Square Feet: 2,048
- Living Area: 2,048 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2005
Lot Features
- Property View: River
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,307
- Lot Features: Other
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Indian River
Financial Considerations
- Price Per Sq. Ft.: $192.87
- Association Fee: Yes
- Association Fee: $1,235
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,024.86
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 24-36-35-34-00000.0-0001.41
Listed and Sold by Daignault Realty Inc
Get Pre-Approved Today
Schools
Schools serving 500 Sail Ln #203
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Mila Elementary School 288 West Merritt Avenue, Merritt Island, FL 32953 | PK-6 | 0.5 mi |
Merritt Island High School 100 Mustang Way, Merritt Island, FL 32953 | 9-12 | 1.5 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 500 Sail Ln #203
Date
Details
Price
Change
Source
2/02/2026
Sold
$335,500
-15.06%
MLS
1/05/2026
Price Reduced
$395,000
-14.11%
MLS
10/29/2025
Price Reduced
$459,900
-7.09%
MLS
8/26/2025
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
500 Sail Lane #203, Merritt Island, FL 32953 (MLS# 1055524) is a Condo property that was sold at $335,500 on February 02, 2026. Want to learn more about 500 Sail Lane #203? 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.

