Penthouse living on Florida's Space Coast — where the views are as big as the rockets. This 3-bed, 2-bath top-floor unit at Island Pointe delivers 2,048 SF of Intracoastal Waterway views, an open chef's kitchen with granite counters and Fisher-Paykel appliances, and a deep covered balcony perfect for dolphin watching and rocket launches. LVP flooring, fresh designer paint — move-in ready. Private garage, two pools, fitness center, sauna, tennis, riverfront boardwalk, and guard-gated security. HOA covers cable, water, sewer, and insurance. Minutes from Patrick Space Force Base, NASA, Cocoa Village, and the cruise port. Under one hour to Orlando International Airport. Ideal for relocating professionals joining Florida's fastest-growing employment corridor.
Sold for $470,000
$470,000
480 Sail Lane #705, Merritt Island, FL 32953
3beds
2,048sqft
Condominium
Built in 2004
-- sqft lot
$469,900 Zestimate®
$229/sqft
$2,861 Estimated rent
Home value
$469,900
$437,000 - $503,000
$2,861/mo
Zestimate® history
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List your homeWhat's special
Two poolsRiverfront boardwalkGranite countersTop-floor unitIntracoastal waterway viewsPrivate garageLvp flooring
Zillow last checked:
Listing updated:
Listed by:
Cheryl M Michel 772-532-6542,
One Sotheby's Int'l Realty
Bought with:
Non Member, 276503012
Beaches MLS
Source: BeachesMLS,MLS#: R11153174
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 216
- Dimensions: 18 X 12
Bedroom 2
- Level: Main
- Area: 143
- Dimensions: 13 X 11
Bedroom 3
- Level: Main
- Area: 130
- Dimensions: 13 X 10
Dining room
- Description: Breakfast Nook
- Level: Main
- Area: 56
- Dimensions: 8 X 7
Kitchen
- Level: Main
- Area: 154
- Dimensions: 14 X 11
Living room
- Level: Main
- Area: 405
- Dimensions: 27 X 15
Other
- Description: Balcony under Roof
- Level: Main
- Area: 319
- Dimensions: 29 X 11
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
- Laundry: Inside, Laundry Tub, Washer Dryer Install Allowed
Features
- Breakfast Area, Bathtub, Dual Sinks, Kitchen Island, Living/Dining Room, Pantry, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 2,048
- Total interior livable area: 2,048 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Covered, Garage, Garage Door Opener
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Stories: 7
- Patio & porch: Covered, Porch, Balcony
- Exterior features: Balcony, Outdoor Living Area
- Pool features: Association
- Has view: Yes
- View description: Intercoastal, River
- Has water view: Yes
- Water view: Intercoastal,River
- Waterfront features: Intracoastal Access, River Front
Details
- Parcel number: 2436350000253
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete, Stucco
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Gated, Property Manager On-Site
- Security: Security System, Gated with Guard, Gated Community, Phone Entry
- Subdivision: ISLAND POINTE CONDO PH 1A
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Library, Management, Pool, Recreation Facilities, Tennis Court(s)
- Services included: Common Areas, Cable TV, Insurance, Recreation Facilities, Sewer, Security, Trash, Water
- HOA fee: $1,236 monthly
- HOA phone: 561-349-5400
Location
- Region: Merritt Island
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $370,390
- Annual tax amount: $5,159
- Date on market: 1/10/2026
- Cumulative days on market: 138 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Sold | $470,000-1%$229/sqft |
Source:  BeachesMLS #R11153174 Report a problem | ||
| 4/20/2026 | Price change | $474,953-11.2%$232/sqft |
Source: BeachesMLS #R11153174 Report a problem | ||
| 2/23/2026 | Price change | $534,953-3.6%$261/sqft |
Source: BeachesMLS #RX-11153174 Report a problem | ||
| 1/10/2026 | Listed for sale | $554,953-3.5%$271/sqft |
Source: BeachesMLS #RX-11153174 Report a problem | ||
| 12/1/2025 | Listing removed | $574,953$281/sqft |
Source: Space Coast AOR #1041617 Report a problem | ||
| 10/20/2025 | Price change | $574,953-4.2%$281/sqft |
Source: Space Coast AOR #1041617 Report a problem | ||
| 8/11/2025 | Price change | $599,953-9.1%$293/sqft |
Source: Space Coast AOR #1041617 Report a problem | ||
| 3/29/2025 | Listed for sale | $659,953+25.7%$322/sqft |
Source: Space Coast AOR #1041617 Report a problem | ||
| 2/25/2022 | Sold | $525,000+1%$256/sqft |
Source: Space Coast AOR #922721 Report a problem | ||
| 1/27/2022 | Pending sale | $520,000$254/sqft |
Source:  Stellar MLS #O5991719 Report a problem | ||
| 1/27/2022 | Contingent | $520,000$254/sqft |
Source: Space Coast AOR #922721 Report a problem | ||
| 1/21/2022 | Price change | $520,000-3.7%$254/sqft |
Source: Space Coast AOR #922721 Report a problem | ||
| 1/17/2022 | Listed for sale | $540,000$264/sqft |
Source: Space Coast AOR #922721 Report a problem | ||
| 1/7/2022 | Pending sale | $540,000$264/sqft |
Source: Space Coast AOR #922721 Report a problem | ||
| 12/16/2021 | Listed for sale | $540,000+22.7%$264/sqft |
Source: Stellar MLS #O5991719 Report a problem | ||
| 6/2/2021 | Sold | $440,000+23.9%$215/sqft |
Source: Public Record Report a problem | ||
| 2/13/2018 | Sold | $355,000-5.3%$173/sqft |
Source: Public Record Report a problem | ||
| 1/23/2018 | Pending sale | $375,000$183/sqft |
Source: Ellingson Properties #789846 Report a problem | ||
| 1/12/2018 | Price change | $375,000-2.6%$183/sqft |
Source: Ellingson Properties #789846 Report a problem | ||
| 10/23/2017 | Price change | $385,000-3.5%$188/sqft |
Source: Ellingson Properties #789846 Report a problem | ||
| 9/2/2017 | Price change | $399,000-6.1%$195/sqft |
Source: Ellingson Properties #789846 Report a problem | ||
| 7/25/2017 | Listed for sale | $425,000-24.1%$208/sqft |
Source: Ellingson Properties #789846 Report a problem | ||
| 12/7/2011 | Listing removed | $1,700$1/sqft |
Source: ERA Showcase Properties And Inv. #625984 Report a problem | ||
| 10/12/2011 | Listed for rent | $1,700$1/sqft |
Source: ERA Showcase Properties And Inv. #625984 Report a problem | ||
| 10/18/2005 | Sold | $560,000$273/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,159 -11.3% | $370,390 -15.9% |
| 2024 | $5,815 -0.2% | $440,500 +2.4% |
| 2023 | $5,828 +12.9% | $430,150 +10% |
| 2022 | $5,164 +10.2% | $390,930 +22.6% |
| 2021 | $4,685 -7.2% | $318,980 -7.1% |
| 2020 | $5,049 +6.8% | $343,390 +9.8% |
| 2019 | $4,730 | $312,610 +3.2% |
| 2018 | $4,730 +7.4% | $302,900 -4.4% |
| 2017 | $4,402 -1.2% | $316,850 +8.8% |
| 2016 | $4,458 +4% | $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
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Nearby schools
GreatSchools rating
- 4/10Mila Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 7/10Thomas Jefferson Middle SchoolGrades: 7-8Distance: 2.2 mi
- 5/10Merritt Island High SchoolGrades: PK,9-12Distance: 1.4 mi
Schools provided by the listing agent
- Middle: Thomas Jefferson
Source: BeachesMLS. 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
$469,900
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Estimated market value
$469,900
- Florida
- Brevard County
- Merritt Island
- 32953
- 480 Sail Lane Unit 705
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