Drastic $100k price reduction!!!! Direct river w/ amazing sunset views from the most sought after building in Island Pointe! Open floor plan boasts 3 spacious bedrooms & 2 full baths! Wood cabinets & quartz counters accent the kitchen that offers a movable island + a nook, pantry & breakfast bar! The great rm layout captures gorgeous river views! The primary also has balcony access & provides a luxury bath w/ a jetted tub, separate shower, double sinks & two walk-in closets! The 2 guest rms also have walk-in closets & 1 has private bath access! The large balcony is perfect for your evening unwind & incl hurricane shutters! The assoc & buildings are in great condition! This complex has so many amenities incl a large clubhouse w/ a full kitchen, exercise rm, sauna, 2 pools, hot tubs, tennis courts, pickle ball court & basketball courts! Enjoy river activities too or just watch the dolphins & manatees from the boardwalk! Close to shopping & easy trip to the beach! Furnished too!
Sold for $335,500
$335,500
500 Sail Ln APT 203, Merritt Island, FL 32953
3beds
2,048sqft
Condominium
Built in 2005
-- sqft lot
$332,800 Zestimate®
$164/sqft
$2,851 Estimated rent
Home value
$332,800
$306,000 - $363,000
$2,851/mo
Zestimate® history
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List your homeWhat's special
Movable islandBreakfast barQuartz countersOpen floor planHurricane shuttersWood cabinetsSeparate shower
Zillow last checked:
Listing updated:
Listed by:
Michelle Daignault-Ives 321-591-8493,
Daignault Realty Inc,
Kennedi Anne Johnson 305-494-5361,
Daignault Realty Inc
Bought with:
Michelle Daignault-Ives, 588007
Daignault Realty Inc
Kennedi Anne Johnson, 3634979
Daignault Realty Inc
Source: Space Coast AOR,MLS#: 1055524
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 247
- Dimensions: 13.00 x 19.00
Bedroom 2
- Level: Main
- Area: 168
- Dimensions: 12.00 x 14.00
Bedroom 3
- Level: Main
- Area: 132
- Dimensions: 11.00 x 12.00
Dining room
- Description: Breakfast nook
- Level: Main
- Area: 64
- Dimensions: 8.00 x 8.00
Great room
- Description: Living / Dining
- Level: Main
- Area: 448
- Dimensions: 16.00 x 28.00
Kitchen
- Level: Main
- Area: 132
- Dimensions: 11.00 x 12.00
Other
- Description: Balcony
- Level: Main
- Area: 319
- Dimensions: 29.00 x 11.00
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, In Unit, Sink, Washer Hookup
Features
- Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 2,577
- Total interior livable area: 2,048 sqft
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Garage, Garage Door Opener, Parking Lot, Underground
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Storm Shutters
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: Navigable Water, River Front
- Body of water: Indian River
Lot
- Size: 1,306 Square Feet
- Features: Other
Details
- Additional parcels included: 2459158
- Parcel number: 2436353400000.00001.41
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Stucco
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Gated with Guard, Security Gate, Secured Lobby
- Subdivision: Island Pointe Condo Ph 1C
HOA
- Has HOA: Yes
- Amenities included: Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Gated, Jogging Path, Maintenance Grounds, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trash, Management - On Site
- Services included: Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control, Security, Trash, Water
- HOA fee: $1,235 monthly
- HOA name: Island Pointe Condominium by Campbell Prop Mgmt
- HOA phone: 321-806-4908
Location
- Region: Merritt Island
Financial & listing details
- Price per square foot: $164/sqft
- Tax assessed value: $350,390
- Annual tax amount: $4,024
- Date on market: 8/26/2025
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Sold | $335,500-15.1%$164/sqft |
Source: Space Coast AOR #1055524 Report a problem | ||
| 1/12/2026 | Pending sale | $395,000$193/sqft |
Source:  Stellar MLS #O6339744 Report a problem | ||
| 1/12/2026 | Contingent | $395,000$193/sqft |
Source: Space Coast AOR #1055524 Report a problem | ||
| 1/5/2026 | Price change | $395,000-14.1%$193/sqft |
Source: Space Coast AOR #1055524 Report a problem | ||
| 10/29/2025 | Price change | $459,900-7.1%$225/sqft |
Source: Space Coast AOR #1055524 Report a problem | ||
| 8/26/2025 | Listed for sale | $495,000+188.5%$242/sqft |
Source: Space Coast AOR #1055524 Report a problem | ||
| 9/21/2016 | Sold | $171,600$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,334 +6.8% | $338,660 +2.9% |
| 2024 | $4,058 +0.8% | $329,120 +3% |
| 2023 | $4,025 +7% | $319,540 +3% |
| 2022 | $3,760 -4.8% | $310,240 +3% |
| 2021 | $3,950 +1% | $301,210 +1.4% |
| 2020 | $3,910 +0.6% | $297,060 +2.3% |
| 2019 | $3,885 | $290,390 +1.9% |
| 2018 | $3,885 -0.5% | $284,980 +2.1% |
| 2017 | $3,903 -1.3% | $279,120 +98.8% |
| 2016 | $3,956 +101.2% | $140,380 +0.7% |
| 2015 | $1,966 -3.2% | $139,410 +0.8% |
| 2014 | $2,031 | $138,310 -25.2% |
| 2013 | -- | $185,000 |
| 2012 | $1,694 -28.2% | -- |
| 2011 | $2,360 -20.4% | -- |
| 2010 | $2,965 -18.8% | -- |
| 2009 | $3,651 -23.5% | -- |
| 2008 | $4,774 -13.3% | -- |
| 2007 | $5,505 | -- |
Find assessor info on the county website
Neighborhood: 32953
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Nearby schools
GreatSchools rating
- 4/10Mila Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 7/10Thomas Jefferson Middle SchoolGrades: 7-8Distance: 2.2 mi
- 5/10Merritt Island High SchoolGrades: PK,9-12Distance: 1.5 mi
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
$332,800
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Estimated market value
$332,800
- Florida
- Brevard County
- Merritt Island
- 32953
- 500 Sail Ln Apartment 203
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