Enjoy uninterrupted spectacular views of the Indian River from almost every room in this Penthouse unit. There is no other building between this unit and the Indian River to the west or to the north. This unit also speaks to luxury having all the upgrades including Viking appliances, top-end trim package and a wraparound patio. The primary suite faces north and has direct access to the patio. The third bedroom has its own private patio facing north. The second bedroom is also a grand suite. The unit has a separate laundry room, and includes a private 1-car garage on the lower level.
Enter this unit from an open air breezeway via an elevator from an elegant foyer. Clubhouse, exercise room, tennis and basketball courts. Two heated pools, spa and sauna. Historic Cocoa Village with quant shops & restaurants is just across the causeway while area beaches beckon for a day of fun in the sun.
Sold for $695,000
$695,000
500 Sail Ln APT 604, Merritt Island, FL 32953
3beds
2,227sqft
Condominium
Built in 2005
-- sqft lot
$618,200 Zestimate®
$312/sqft
$2,813 Estimated rent
Home value
$618,200
$569,000 - $661,000
$2,813/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
David Okonsky 321-978-2800,
Pastermack Real Estate
Bought with:
Vincent K Jackson, 3014285
Ellingson Properties
Source: Space Coast AOR,MLS#: 1020480
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Heat Pump
Cooling
- Central Air, Electric, Multi Units
Appliances
- Included: Disposal, Dryer, Electric Cooktop, Electric Oven, ENERGY STAR Qualified Dishwasher, Ice Maker, Microwave, Refrigerator, Washer, Wine Cooler
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Features
- Walk-In Closet(s)
- Flooring: Carpet, Tile
- Has fireplace: No
Interior area
- Total interior livable area: 2,227 sqft
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Garage, Garage Door Opener, Gated, Guest, Secured
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Wrap Around
- Exterior features: Balcony, Tennis Court(s), Storm Shutters
- Pool features: Fenced, In Ground
- Has view: Yes
- View description: Bridge(s), Marina, River, Water, Intracoastal
- Has water view: Yes
- Water view: Marina,River,Water,Intracoastal
- Waterfront features: River Front, Seawall, Intracoastal
- Body of water: Indian River
Lot
- Size: 1,306 Square Feet
- Features: Dead End Street
Details
- Additional structures: Tennis Court(s)
- Additional parcels included: 2459175
- Parcel number: 2436353400000.00001.58
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: 24 Hour Security, Gated with Guard, Key Card Entry, Security Gate, Secured Lobby
- Subdivision: Island Pointe Condo Ph 1C
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trash, Water
- Services included: Cable TV, Insurance, Internet, Maintenance Grounds, Security, Sewer, Trash, Water
- HOA fee: $1,053 monthly
- HOA name: Island Point P.U.D.
- HOA phone: 321-806-4908
Location
- Region: Merritt Island
Financial & listing details
- Price per square foot: $312/sqft
- Tax assessed value: $401,740
- Annual tax amount: $3,509
- Date on market: 8/2/2024
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/7/2024 | Listing removed | $3,700$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/5/2024 | Listed for rent | $3,700$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/25/2024 | Listing removed | $3,700$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/18/2024 | Price change | $3,700-7.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/7/2024 | Listed for rent | $4,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Sold | $695,000-0.7%$312/sqft |
Source: Space Coast AOR #1020480 Report a problem | ||
| 8/13/2024 | Pending sale | $699,900$314/sqft |
Source: Space Coast AOR #1020480 Report a problem | ||
| 8/2/2024 | Listed for sale | $699,900-0.1%$314/sqft |
Source: Space Coast AOR #1020480 Report a problem | ||
| 8/5/2005 | Sold | $700,900$315/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,629 +58.8% | $401,740 +43.5% |
| 2024 | $3,545 +1% | $280,000 +3% |
| 2023 | $3,509 +7% | $271,850 +3% |
| 2022 | $3,279 -4.3% | $263,940 +3% |
| 2021 | $3,428 +1.8% | $256,260 +1.4% |
| 2020 | $3,367 +1% | $252,730 +2.3% |
| 2019 | $3,335 | $247,050 +1.9% |
| 2018 | $3,335 -0.3% | $242,450 +2.1% |
| 2017 | $3,346 -1.1% | $237,470 +2.1% |
| 2016 | $3,382 -1.8% | $232,590 +0.7% |
| 2015 | $3,445 -3.8% | $230,980 +0.8% |
| 2014 | $3,582 | $229,150 -14.5% |
| 2013 | -- | $268,000 |
| 2012 | $3,258 -11.1% | -- |
| 2011 | $3,663 -18.6% | -- |
| 2010 | $4,501 -17.6% | -- |
| 2009 | $5,460 -28.7% | -- |
| 2008 | $7,654 -4.6% | -- |
| 2007 | $8,021 | -- |
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
$618,200
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Estimated market value
$618,200
- Florida
- Brevard County
- Merritt Island
- 32953
- 500 Sail Ln Apartment 604
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