Condo in 480 Sail Lane 705, Merritt Island, FL 32953 for sale with MLS# R11153174
From the moment you step through the door, endless Intracoastal Waterway views unfold before you in this 3-bed 2-bath luxury penthouse on Florida's Space Coast. With over 2,000 sf, the open layout lives large. Updated interior with LVP flooring throughout and fresh designer paint is move-in ready. The kitchen offers 42'' cherry cabinetry, granite countertops, stainless appliances, and Fisher-Paykel dishwasher drawers. Deep covered balcony overlooks the Intracoastal--ideal for morning coffee, dolphin watching, or viewing rocket launches. Ample storage and a private one-car garage add convenience. Community amenities include two pools, fitness center, sauna, and tennis courts. Minutes to beaches, boating, waterfront dining, and shopping--come live the island life! sauna, tennis, and riverfront boardwalk. Mere minutes to beaches, oceanside and riverfront dining, and shopping. Come live the island life!
480 Sail Lane 705, Merritt Island, FL 32953
Price
- Price:
- $534,953.00
- Original List Price:
- $554,953.00
- List Price per Sq Ft (Calculated, Approx.):
- $261.2
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- February 23, 2026 3:45 pm
Rooms Distribution
- Bedrooms:
- 3
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Dining Room, Laundry, Other, Great Room, Bedroom 2, Bedroom 3, Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 9
- Master Bedroom Bath:
- Separate Shower, Dual Sinks, Separate Tub
- Dining Area:
- Dining/Living Room, Breakfast Area
Measures
- Living Area:
- 2,048 Sqft
- Built-Up Area:
- 2,048 Sqft
- Lot Area:
- 2,178 Sqft
- Building Area Source:
- Public Records
- Lot Size Acres:
- 0.05
Property Features
- View from the Property:
- River, Intracoastal
- Waterfront:
- Yes
- Waterfront Features:
- River Front, Intracoastal
- Security:
- Security System, Gated With Guard, Entry - Phone/intercom
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range
- Interior:
- Pantry, Walk-In Closet(s), Kitchen Island, Bedroom Layout - Split
- Exterior:
- Balcony
- Patio and Porch:
- Porch
- Laundry:
- Laundry Tub, Inside
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Property Entrance Faces:
- Southeast
- Unit Description:
- Penthouse
- Balcony Details:
- Balcony - Covered
- Storm Protection Impact Glass:
- Partial
Construction
- Year Built:
- 2004
- Roof:
- Other
- Levels:
- Two
- Construction Materials:
- Stucco, Concrete
- Flooring:
- Vinyl, Ceramic Tile
- Number of stories:
- 7
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $5,159.02
- Tax Year:
- 2025
- Association Fee:
- $1,235.81
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Homestead Exemption
Parking
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Garage, Garage Door Opener
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Sewer Available, Water Available
- Water Source:
- Public
Community
- Association
- Association Membership:
- Mandatory
- Application Required
- Application Fee:
- $150.00
- Association Type:
- Condominium
- Pets Allowed?:
- Yes, There is a limit on the number of pets allowed
- Amenities Provided by the Homeowner's Association (HOA):
- Library, Pool, Clubhouse, Elevator(s), Fitness Center, Tennis Court(s), Basketball Court, Game Room, Manager On Site
- Subdivision Name:
- ISLAND POINTE CONDO PH 1A
- Association Fee Includes:
- Sewer, Water, Trash, Cable Tv, Security, Common Areas, Insurance, Common Real Estate Tax, Recreation Facility
- Senior Community:
- No
- Development Name:
- Island Pointe Condo Phase 1A
- Association Phone:
- 561-349-5400
- Restrictions:
- Parking - No Rv, Lease Restrictions
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
- Negotiable Seller Concessions
Zoning and Legal
- Tax 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
- Real Estate Folio Number (Parcel Number):
- 24 36350000253u
- Zoning:
- RES
Public Schools Assigned
- Middle Or Junior School:
- Thomas Jefferson
Listing History
- Active on the market since:
- January 10, 2026
- Listing Agreement executed on:
- January 9, 2026
- Price change occurred on:
- February 23, 2026 3:45 pm
- Listing Status Last Changed On:
- January 10, 2026 12:21 pm
- Photos updated on:
- February 23, 2026 6:39 pm
- Last Modified:
- April 9, 2026 5:32 am
Additional Information
- Courtesy of:
- One Sotheby's Int'l Realty
- Attribution:
- Not provided
Location
- Street Name:
- Sail
- Street Number:
- 480
- Unit Number:
- 705
- City:
- Merritt Island
- State:
- Florida
- Zip Code:
- 32953
- County:
- Brevard
- Latitude:
- N28° 21' 33.9''
- Longitude:
- W81° 17' 30.7''
- Street Suffix:
- Lane
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$84,248
Median Home Value
$394,300
Median Rent
$1,300/mo
Median Age
48
Population
24,834
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Ver la propiedad 480 Sail Lane 705, Merritt Island, FL 32953
This listing can also be located in the MLS system as RX-11153174
