For sale

$520,000

202 Ivory Coral Ln Unit 506, Merritt Island, FL 32953

3beds

1,451sqft

$4,590/mo

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Condominium

Built in 2020

-- sqft lot

$497,400 Zestimate^®

$358/sqft

$1,170/mo HOA

What's special

Community pool and spa

Tucked within the waterfront community of Cape Crossing Resort & Marina, this beautiful townhome delivers the best of coastal living. Designed for a primary residence, vacation get-away, or an income producing investment. Complete with clubhouse, sauna, fitness center, community pool & spa. There are NO Restrictions on daily rentals.

76 days

65

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

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

Features

Ceiling Fan(s), Elevator, Walk-In Closet(s)
Flooring: Tile
Has fireplace: No
Furnished: Yes

Interior area

Total interior livable area: 1,451 sqft

Property

Parking

Total spaces: 1
Parking features: Assigned, Covered, Garage, Underground
Garage spaces: 1

Features

Levels: One
Stories: 1
Patio & porch: Rear Porch
Exterior features: Balcony, Boat Ramp - Private, Impact Windows
Has view: Yes
View description: Canal, Marina, Water
Has water view: Yes
Water view: Canal,Marina,Water
Waterfront features: Canal Front, Navigable Water
Body of water: Canal Navigational to Banana River

Lot

Size: 435 Square Feet
Features: Dead End Street

Details

Additional parcels included: 3021479
Parcel number: 2436110005063.40000.00
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block, Concrete, Stucco
Roof: Membrane

Condition

New construction: No
Year built: 2020

Utilities & green energy

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

Community & HOA

Community

Security: Smoke Detector(s), Secured Lobby
Subdivision: Cape Crossing

HOA

Has HOA: Yes
Amenities included: Barbecue, Cable TV, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Pool, Sauna, Spa/Hot Tub, Trash, Water
Services included: Cable TV, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
HOA fee: $1,170 monthly
HOA name: CAPE CROSSING, A CONDOMINUM

Location

Region: Merritt Island

Financial & listing details

Price per square foot: $358/sqft
Tax assessed value: $519,230
Annual tax amount: $6,852
Date on market: 5/18/2026
Listing terms: Cash,Conventional
Road surface type: Asphalt

Estimated market value

$497,400

$473,000 - $522,000

$2,454/mo

Price history

Date	Event	Price
5/18/2026	Listed for sale	$520,000$358/sqft
Source: Space Coast AOR #1077630 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,853 +2.5%	$519,230
2024	$6,687 +5.7%	$519,230 +9.1%
2023	$6,328 +4.2%	$476,010 +0.7%
2022	$6,071 +28.2%	$472,870 +44.4%
2021	$4,738 +1360.2%	$327,410 +3174.1%
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.