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Off market
  • $614,300

    480 Sail Ln APT 703, Merritt Island, FL 32953

    3beds
    2,048sqft
    Apartment
    Built in ----
    -- sqft lot
    $614,300 Zestimate®
    $300/sqft
    $2,861 Estimated rent

    Home value

    $614,300

    $584,000 - $645,000

    $2,861/mo

    Zestimate® history
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    $2,861/mo

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    $2,861/mo

    Rent Zestimate®

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    $4,016/mo

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    $4,016/mo

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    What's special

    Welcome to the premier waterfront condo you've been waiting for! This stunning 3-bedroom, 2-bath, 2,048 sq ft top-floor residence at Island Pointe offers 360 water views, direct Indian River frontage, and an expansive open-concept layout that truly feels like a single-family home. Fully remodeled with Cambria quartz throughout, the entertainer's kitchen features Bosch stainless steel appliances, a large pantry, and a stylish dry bar with built-in wine fridge. Floor-to-ceiling sliders lead to a private waterfront balconyperfect for enjoying breathtaking sunsets and rocket launches. Located in a gated, guard-manned community on Merritt Island, residents enjoy two pools, clubhouse, fitness center, tennis courts, sauna, and more. The home boasts soaring 10-foot ceilings, designer bathrooms with backlit mirrors and premium finishes, a laundry room with sink and high-end washer/dryer, generous storage, hurricane shutters with new motor, and a private indoor garage plus guest parking. Water and cable are included, and the unit may be furnished for an additional fee. Just minutes from beaches, Cocoa Village, dining, and easy access to Orlandothis is resort-style waterfront living at its finest. All Innovation Property Management residents are enrolled in the Resident Benefits Package (RBP) for $45.00/month which includes liability insurance, HVAC air filter delivery (for applicable properties), on-demand pest control, and much more! More details upon application. Price may be reduced depending on tenant's desire to add pest control and/or provide proof of adequate insurance coverage. HOW TO APPLY: 1. Visit the website of Innovation Property Management, Inc. 2. Click "Rentals" at the top of the page. 3. Find the rental unit you are interested in on the list and click "Apply Now".

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
    • Laundry: In Unit
    Interior area
    • Total interior livable area: 2,048 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Cable included in rent, Stove/Range, Tennis Court(s), Water included in rent, wine cooler
    Details
    • Parcel number: 24363500253S

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Utilities & green energy

    • Utilities for property: Cable, Water

    Community & neighborhood

    Community
    • Community features: Clubhouse, Pool, Tennis Court(s)
    Location
    • Region: Merritt Island

    HOA & financial

    Other fees
    • Deposit fee: $3,495

    Other

    Other facts
    • Available date: 12/24/2025

    Price history

    DateEventPrice
    2/13/2026Listing removed$644,900$315/sqft
    Source: Space Coast AOR #1061371 Report a problem
    1/12/2026Listing removed$3,495$2/sqft
    Source: Zillow Rentals Report a problem
    12/30/2025Price change$644,900-0.8%$315/sqft
    Source: Space Coast AOR #1061371 Report a problem
    12/25/2025Listed for rent$3,495+118.4%$2/sqft
    Source: Zillow Rentals Report a problem
    11/5/2025Listed for sale$649,900+26.2%$317/sqft
    Source: Space Coast AOR #1061371 Report a problem
    6/24/2021Sold$515,000+0.2%$251/sqft
    Source: Space Coast AOR #905837 Report a problem
    5/26/2021Contingent$514,000$251/sqft
    Source: Space Coast AOR #905837 Report a problem
    5/26/2021Listed for sale$514,000$251/sqft
    Source: Space Coast AOR #905837 Report a problem
    5/25/2021Contingent$514,000$251/sqft
    Source: Space Coast AOR #905837 Report a problem
    5/24/2021Listed for sale$514,000+47.7%$251/sqft
    Source: Space Coast AOR #905837 Report a problem
    10/17/2016Sold$348,000-7.2%$170/sqft
    Source: Space Coast AOR #747696 Report a problem
    9/14/2016Pending sale$375,000$183/sqft
    Source: RE/MAX Elite #747696 Report a problem
    8/25/2016Price change$375,000-3.8%$183/sqft
    Source: RE/MAX Elite #747696 Report a problem
    7/29/2016Price change$389,900-2.5%$190/sqft
    Source: RE/MAX Elite #747696 Report a problem
    6/6/2016Price change$399,900-2.5%$195/sqft
    Source: RE/MAX Elite #747696 Report a problem
    2/27/2016Listed for sale$410,000+2.5%$200/sqft
    Source: RE/MAX ELITE #747696 Report a problem
    6/4/2011Listing removed$1,600$1/sqft
    Source: ERA Showcase Properties And Inv. #595775 Report a problem
    5/7/2011Listed for rent$1,600$1/sqft
    Source: ERA Showcase Properties And Inv. #595775 Report a problem
    3/1/2007Sold$400,000$195/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,159 -11.3%$370,390 -15.9%
    2024$5,815 -0.2%$440,500 +2.4%
    2023$5,827 +12.9%$430,150 +10%
    2022$5,164 +79.3%$390,930 +78.6%
    2021$2,879 +1.9%$218,930 +1.4%
    2020$2,826 +1.3%$215,910 +2.3%
    2019$2,790 $211,060 +1.9%
    2018$2,790 -0.2%$207,130 -34.6%
    2017$2,797 -45.1%$316,850 +8.8%
    2016$5,094 +18.9%$291,090 +46.8%
    2015$4,286 +16.3%$198,310 +10%
    2014$3,685 $180,290 -14.1%
    2013-- $210,000
    2012$2,647 -13.1%--
    2011$3,047 -10.5%--
    2010$3,403 -15.1%--
    2009$4,007 -21.1%--
    2008$5,077 -8.8%--
    2007$5,566 -2.7%--
    2005$5,721 --

    Find assessor info on the county website

    Neighborhood: 32953

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $614,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $614,300