For sale

Price cut: $5K (7/1)

$494,900

202 Ivory Coral Ln #302, Merritt Island, FL 32953

3beds

1,266sqft

$4,386/mo

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Condominium

Built in 2020

-- sqft lot

$481,300 Zestimate^®

$391/sqft

$1,170/mo HOA

What's special

Waterfront condoWaterfront restaurantFully furnished homeHeated swimming poolUnder-building parkingTiki barAccess to the marina

Cape Crossing, a newer waterfront marina/resort is ideal as a private residence or absentee investor with onsite property management handling all the details. Planning a winter retreat or a family vacation has never been easier because of all the activities available to the entire family. Plan a day at the beach, kayak, pontoon boat, paddle board rentals are available for exploring the rivers/canal and a relaxing afternoon paddle. Tastefully furnished waterfront condo is located along the Canaveral Barge Canal just minutes from the Orlando attractions, Port and ocean access by boat with access to the marina, waterfront restaurant, tiki bar, under-building parking, heated swimming pool, fitness center with state-of-the-art exercise equipment and stunning views of Cape Canaveral launches make this property very appealing. Perfect for absentee investors, the onsite management team takes the hassle out of marketing and maintaining this upscale, fully furnished home. Go to CapeCrossing.com

54 days

79

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer Stacked
Laundry: In Unit

Features

Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Elevator, Open Floorplan, Split Bedrooms, Walk-In Closet(s)
Flooring: Tile
Has fireplace: No
Furnished: Yes

Interior area

Total interior livable area: 1,266 sqft

Property

Parking

Total spaces: 1
Parking features: Underground, Other
Garage spaces: 1

Features

Levels: Three Or More
Stories: 1
Exterior features: Balcony, Boat Ramp - Private
Has spa: Yes
Spa features: In Ground
Has view: Yes
View description: Canal, River, Water
Has water view: Yes
Water view: Canal,River,Water
Waterfront features: Canal Front, Navigable Water, No Fixed Bridges
Body of water: Canal Navigational to Banana River

Lot

Size: 435 Square Feet
Features: Zero Lot Line

Details

Additional parcels included: 3021461
Parcel number: 2436110005061.60000.00
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Contemporary
Property subtype: Condominium

Materials

Block, Concrete, Stucco
Roof: Other

Condition

New construction: No
Year built: 2020

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Available

Community & HOA

Community

Security: Secured Lobby
Subdivision: Cape Crossing

HOA

Has HOA: Yes
Amenities included: Barbecue, Boat Dock, Cable TV, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Marina, Pool, Sauna, Spa/Hot Tub, Management - On Site
Services included: Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control, Sewer, Trash, Water
HOA fee: $1,170 monthly
HOA name: Beacon Management & Consulting

Location

Region: Merritt Island

Financial & listing details

Price per square foot: $391/sqft
Tax assessed value: $481,000
Annual tax amount: $6,089
Date on market: 6/2/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Asphalt

Estimated market value

$481,300

$457,000 - $505,000

$2,236/mo

Price history

Date	Event	Price
7/1/2026	Price change	$494,900-1%$391/sqft
Source: Space Coast AOR #1078821 Report a problem
6/2/2026	Listed for sale	$499,900+31.6%$395/sqft
Source: Space Coast AOR #1078821 Report a problem
7/17/2020	Sold	$380,000$300/sqft
Source: Space Coast AOR #880585 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,089 +6.2%	$481,000
2024	$5,731 +6.3%	$481,000 +9.3%
2023	$5,391 +9.1%	$439,940 +0.2%
2022	$4,941 +13.6%	$439,200 +45.5%
2021	$4,348 +1240.2%	$301,760 +2917.6%
2020	$324	$10,000

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 32953

Getting around

10 / 100

Car-Dependent

28 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

10/10
Lewis Carroll Elementary School
Grades: PK-6Distance: 1 mi
7/10
Thomas Jefferson Middle School
Grades: 7-8Distance: 5.2 mi
5/10
Merritt Island High School
Grades: PK,9-12Distance: 2 mi

Schools provided by the listing agent

Elementary: Carroll
Middle: Jefferson
High: Merritt Island

Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.