Spacious 3 Bd 2 Ba RIVERFRONT Condo located in Island Pointe Condominium. This END unit features a wrap-around balcony perfect for relaxing while taking in the scenic surroundings of the Indian River waterway along with views of the ROCKET launches from the balcony. The guest bedroom offers a private balcony with breathtaking river views as well, while the 2nd guest bedroom includes an en-suite bath—ideal for added privacy and comfort. The kitchen is outfitted with sleek granite countertops and moving kitchen island for functionality. Island Pointe Condominium offers amenities galore: Clubhouse, w/full kitchen; an exercise room & sauna; 2 pools w/hot tubs; 3 tennis courts; 1 pickle ball court; & 2 basketball courts. A seawall surrounds the waterfront area with a boardwalk along much of the perimeter suitable for walking. Residents can kayak or paddle board in the Indian River, launching from the Island Pointe stairs that go from the boardwalk to the river.
Sold for $505,000
$505,000
500 Sail Ln APT 304, Merritt Island, FL 32953
3beds
2,227sqft
Condominium
Built in 2005
-- sqft lot
$495,900 Zestimate®
$227/sqft
$2,813 Estimated rent
Home value
$495,900
$451,000 - $541,000
$2,813/mo
Zestimate® history
Owner options
List your home for rent
$2,813/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,813/mo
Rent Zestimate®
Refinance and save
$4,605/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,605/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Lora Jones 321-626-2389,
Coldwell Banker Realty
Bought with:
Brenda Quintero Lande, 3336792
RE/MAX Aerospace Realty
Source: Space Coast AOR,MLS#: 1052706
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric, Multi Units
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, In Unit, Sink, Washer Hookup
Features
- Ceiling Fan(s), Entrance Foyer, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 2,227 sqft
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Covered, Garage, Garage Door Opener, Gated, Guest, Underground
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Wrap Around
- Exterior features: Balcony, Storm Shutters
- Waterfront features: Seawall, Intracoastal
- Body of water: Indian River
Lot
- Size: 1,306 sqft
- Features: Other
Details
- Additional structures: Tennis Court(s)
- Additional parcels included: 2459163
- Parcel number: 2436353400000.00001.46
- Zoning description: Condominium
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete, Stucco
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Water Connected
Community & neighborhood
Location
- Region: Merritt Island
- Subdivision: Island Pointe Condo Ph 1C
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,236 monthly
- Amenities included: Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Gated, Jogging Path, Maintenance Grounds, Management - Full Time, Management - Part Time, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trash, Management - On Site
- Services included: Cable TV, Maintenance Grounds, Pest Control, Security, Trash, Water
- Association name: Island Pointe Condominium
- Association phone: 321-453-7338
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $505,000-3.8%$227/sqft |
Source: Space Coast AOR #1052706 Report a problem | ||
| 8/15/2025 | Contingent | $525,000$236/sqft |
Source: Space Coast AOR #1052706 Report a problem | ||
| 7/25/2025 | Listed for sale | $525,000+110%$236/sqft |
Source: Space Coast AOR #1052706 Report a problem | ||
| 11/18/2010 | Sold | $250,000$112/sqft |
Source: Public Record Report a problem | ||
| 10/14/2010 | Listed for sale | $250,000-59.7%$112/sqft |
Source: RE/MAX Elite #575670 Report a problem | ||
| 7/28/2005 | Sold | $620,900$279/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,450 -10.8% | $386,740 -15.8% |
| 2024 | $6,108 -0.6% | $459,340 +2% |
| 2023 | $6,144 +16.8% | $450,480 +11% |
| 2022 | $5,259 +2.6% | $405,780 +16.6% |
| 2021 | $5,125 -2.6% | $347,920 -2.2% |
| 2020 | $5,264 +4.4% | $355,790 +7.2% |
| 2019 | $5,045 | $331,910 +3.2% |
| 2018 | $5,045 +0.4% | $321,600 +43.2% |
| 2017 | $5,023 +57.4% | $224,640 +2.1% |
| 2016 | $3,192 -1.8% | $220,020 +0.7% |
| 2015 | $3,250 -3.8% | $218,500 +0.8% |
| 2014 | $3,377 | $216,770 -14.3% |
| 2013 | -- | $253,000 |
| 2012 | $3,044 -3.9% | -- |
| 2011 | $3,167 -30.3% | -- |
| 2010 | $4,542 -15.1% | -- |
| 2009 | $5,349 -21% | -- |
| 2008 | $6,774 -9% | -- |
| 2007 | $7,442 | -- |
Find assessor info on the county website
Neighborhood: 32953
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.
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
$495,900
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
$495,900
- Florida
- Brevard County
- Merritt Island
- 32953
- 500 Sail Ln Apartment 304
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Merritt Island Topics
