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$505,000
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Property Description
Spacious 3 Bd 2 Ba RIVERFRONT Condo located in Island Pointe Condominium. This END unit features a wrap-around balcony perfect for relaxing while taking in the scenic surroundings of the Indian River waterway along with views of the ROCKET launches from the balcony. The guest bedroom offers a private balcony with breathtaking river views as well, while the 2nd guest bedroom includes an en-suite bath-ideal for added privacy and comfort. The kitchen is outfitted with sleek granite countertops and moving kitchen island for functionality. Island Pointe Condominium offers amenities galore: Clubhouse, w/full kitchen; an exercise room & sauna; 2 pools w/hot tubs; 3 tennis courts; 1 pickle ball court; & 2 basketball courts. A seawall surrounds the waterfront area with a boardwalk along much of the perimeter suitable for walking. Residents can kayak or paddle board in the Indian River, launching from the Island Pointe stairs that go from the boardwalk to the river.
Full Property Details
Full Property Details for 500 Sail Ln #304
General
- Sold For: $505,000
- HOA FEE: $1,236/month
- Taxes: $6,143 (2023)
- Status: Closed
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1052706
- Added to Site: 177 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Entrance Foyer, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, 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: Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Gated, Jogging Path, Maintenance Grounds, Management - Full Time, Management - Part Time, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trash, Management - On Site
Exterior
- Exterior Features: Balcony, Storm Shutters
- Porch/Patio/Deck: Wrap Around
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Additional Parking, Covered, Garage, Garage Door Opener, Gated, Guest, Underground
Location
- Area: 251 - Central Merritt Island
- County: Brevard
- Subdivision: Island Pointe Condo Ph 1C
- Driving Directions: Hwy 520 - turn onto N Tropical Trail - turn left onto Sail Lane. Stop at Guard Gate for access into Island Pointe.
- Direction Faces: West
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, Management - Full Time, Management - Part Time, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trash, Management - On Site
- Association: Yes
- Assoc. Name: Island Pointe Condominium
- Assoc. Fees Include: Cable TV, Maintenance Grounds, Pest Control, Security, Trash, Water
- Pets Allowed: Yes
- Pet Restrictions: Breed Restrictions, Number Limit, Size Limit
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Multi Units
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Cable Connected, Electricity Available, Water Connected
Structural Information
- Exterior Const.: Concrete, Stucco
- Stories/Levels: 1
- Square Feet: 2,227
- Living Area: 2,227 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2005
Additional Structures
- Other Structures: Tennis Court(s)
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,307
- Lot Features: Other
Water Features
- Water Front: Yes
- Water Front Name: Indian River
Financial Considerations
- Price Per Sq. Ft.: $235.74
- Association Fee: Yes
- Association Fee: $1,236
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,143.94
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 24-36-35-34-00000.0-0001.46
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Schools
Schools serving 500 Sail Ln #304
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 #304
Date
Details
Price
Change
Source
9/19/2025
Sold
$505,000
-3.81%
MLS
7/25/2025
Listed
$525,000
—
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 #304, Merritt Island, FL 32953 (MLS# 1052706) is a Condo property that was sold at $505,000 on September 19, 2025. This property was listed by Lora Jones from our Central/North Brevard Office.Want to learn more about 500 Sail Lane #304? 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.


