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Sold for $370,000
  • $370,000

    480 Sail Ln APT 303, Merritt Island, FL 32953

    3beds
    2,048sqft
    Condominium
    Built in 2004
    -- sqft lot
    $364,700 Zestimate®
    $181/sqft
    $2,861 Estimated rent

    Home value

    $364,700

    $332,000 - $398,000

    $2,861/mo

    Zestimate® history
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    What's special

    Wake up to dolphins & manatees gliding through the Indian River, with breathtaking water views from your balcony! This gorgeous waterfront condo offers impact windows, crown-molded ceilings & a bright, open layout with tile & LVP flooring. The kitchen & baths shine with granite counters, while the primary suite is a true retreat with balcony access, his & hers walk-in closets, dual sinks, a jetted tub & a separate tiled shower. A guest bedroom has private pocket-door access to the hall bath, perfect for visitors. Enjoy a wine fridge, spacious laundry room w/sink, 2024 roof & 2022 A/C. Your under-building garage spot keeps your car cool, while the community spoils you with 2 heated pools, a clubhouse, a riverside boardwalk & refinished tennis & basketball courts. Plus, enjoy direct river access—launch your kayak & explore the Indian River from your backyard! Monthly dues cover amenities, cable/internet, hot water & exterior maintenance, so you can revel in the waterfront lifestyle!

    Zillow last checked:

    Listing updated:

    Listed by:

    Zachary Spurlock 321-758-9887,

    Compass Florida, LLC

    Bought with:

    Kelly Moe, 655352

    Fusilier Realty Group

    Source: Space Coast AOR,MLS#: 1039209

    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 Range, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Cooler
    • Laundry: Electric Dryer Hookup, In Unit, Sink, Washer Hookup
    Features
    • Breakfast Bar, Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
    • Flooring: Tile, Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,048 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Covered, Garage, Garage Door Opener, Guest
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Terrace
    • Exterior features: Balcony, Impact Windows
    • Has spa: Yes
    • Spa features: Community, Heated, In Ground
    • Has view: Yes
    • View description: River, Water, Intracoastal
    • Has water view: Yes
    • Water view: River,Water,Intracoastal
    • Waterfront features: River Access, River Front, Intracoastal
    • Body of water: Indian River
    Lot
    • Size: 2,613 Square Feet
    • Features: Few Trees, Zero Lot Line
    Details
    • Additional parcels included: 2457929
    • Parcel number: 2436350000252.Q0000.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Concrete, Stucco
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Fire Alarm, Gated with Guard, Security Gate, Smoke Detector(s), Secured Lobby
    • Subdivision: Island Pointe Condo Ph 1A
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Management - Full Time, Pickleball, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trash, Water, Management - On Site
    • Services included: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water
    • HOA fee: $1,236 monthly
    • HOA name: Island Pointe Condo Association
    Location
    • Region: Merritt Island

    Financial & listing details

    • Price per square foot: $181/sqft
    • Tax assessed value: $350,390
    • Annual tax amount: $4,107
    • Date on market: 3/20/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/31/2025Sold$370,000-1.3%$181/sqft
    Source: Space Coast AOR #1039209 Report a problem
    10/31/2025Pending sale$375,000$183/sqft
    Source: Space Coast AOR #1039209 Report a problem
    9/18/2025Contingent$375,000$183/sqft
    Source: Space Coast AOR #1039209 Report a problem
    9/11/2025Price change$375,000-6.2%$183/sqft
    Source: Space Coast AOR #1039209 Report a problem
    6/12/2025Price change$399,900-2.4%$195/sqft
    Source: Space Coast AOR #1039209 Report a problem
    5/8/2025Price change$409,900-3.6%$200/sqft
    Source: Space Coast AOR #1039209 Report a problem
    3/27/2025Listed for sale$425,000$208/sqft
    Source: Space Coast AOR #1039209 Report a problem
    3/25/2025Contingent$425,000$208/sqft
    Source: Space Coast AOR #1039209 Report a problem
    3/20/2025Listed for sale$425,000+16.4%$208/sqft
    Source: Space Coast AOR #1039209 Report a problem
    11/21/2018Sold$365,000-5.2%$178/sqft
    Source: Public Record Report a problem
    8/13/2018Listing removed$385,000$188/sqft
    Source: Blue Marlin Real Estate C.B. #811740 Report a problem
    5/6/2018Price change$385,000-2.4%$188/sqft
    Source: Blue Marlin Real Estate C.B. #811740 Report a problem
    4/25/2018Listed for sale$394,500-7.2%$193/sqft
    Source: Blue Marlin Real Estate C.B. #811740 Report a problem
    4/11/2005Sold$425,000$208/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,385 +6.8%$342,910 +2.9%
    2024$4,107 +0.8%$333,250 +3%
    2023$4,074 +7%$323,550 +3%
    2022$3,806 -4.8%$314,130 +3%
    2021$3,999 -5.1%$304,990 -4.6%
    2020$4,215 -8.4%$319,820 +5.4%
    2019$4,603 $303,410 +3.2%
    2018$4,603 +11.7%$293,990 +2.5%
    2017$4,122 +1.9%$286,680 +8.9%
    2016$4,046 +4%$263,370 +48.8%
    2015$3,892 +16.2%$177,020 +10%
    2014$3,350 $160,930 -15.3%
    2013-- $190,000
    2012$2,362 -15.4%--
    2011$2,793 -10.5%--
    2010$3,119 -15.1%--
    2009$3,673 -21.2%--
    2008$4,660 -8.8%--
    2007$5,109 +8.8%--
    2005$4,694 --
    Find assessor info on the county website

    Neighborhood: 32953

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mila
    • 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.

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    Estimated market value
    $364,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $364,700