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480 Sail Ln Unit Unit502, Merritt Island, FL, 32953

$515,000

Home List Price

$6,116*

Closing Credit

3 Bedrooms
2 Full Baths
2,048 SqFt
$251/SqFt
Condo
Schools Nearby

Location

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480 Sail Ln Unit Unit502, Merritt Island$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Attached, Garage
Attached Garage1 space
Year Built2004
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontRiver Front, Waterfront
ViewRiver
MLS #1006815
Lot Size0.06 Acres
StatusActive

About 480 Sail Ln Unit Unit502

Nestled along the tranquil shores of Merritt Island lies the epitome of waterside luxury - Island Pointe Condo. With its picturesque river views and unparalleled access to a myriad of amenities, this condo offers a lifestyle of unparalleled comfort and convenience.The heart of this condominium is its expansive living area, bathed in natural light The open-concept layout seamlessly integrates the living, dining, and kitchen areas, creating a perfect space for entertaining guests or simply unwinding after a long day. The kitchen boasts modern appliances, a breakfast nook, and ample storage, making it a delight for any aspiring chef. Retreat to the master suite, where luxury meets tranquility. Wake up to panoramic views of the river from the comfort of your bed, or indulge in a spa-like experience in the ensuite bathroom complete with a soaking tub and a walk-in shower. Guests will feel right at home in the well-appointed guest bedrooms, offering comfort and privacy. (READ SUPPLEMENT) Whether you're seeking a serene retreat or an active lifestyle, this exceptional residence offers the perfect blend of luxury, comfort, and convenience. Welcome home to waterfront paradise.

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Stories: 1
  • Living Area: 2,048 SqFt

Listing Office:

  • Office Name: RE/MAX Aerospace Realty
  • Office Phone: (321) 631-5511
  • Listing Agent: Karla Bress

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Laminate, Tile
  • Interior: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Elevator, Entrance Foyer, Guest Suite, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: River Front, Waterfront
  • View: River
  • Exterior: Balcony, Tennis Court(s), Storm Windows

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Additional Parking, Attached, Garage

Virtual/3D Tour

  • Virtual Tour: 480 Sail Ln Unit Unit502

Virtual Tour

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Merritt Island High School, Public District Grades PK-12
  • Thomas Jefferson Middle School, Public District Grades 7-8
  • MILA Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: from 520, north on Tropical trail, west on Sail

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $251/SqFt

HOA Fees:

  • Amount: $882
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Merritt Island, FL.

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Merritt Island, FL

City

Med. Sold Price

$469.3K

Med. Price/SqFt

$248

Avg. Days On Market

62

# of Sold Homes

67

480 Sail Ln Unit Unit502 vs Merritt Island

57 DAYS ON ROCKET

-5 Days

$515,000

+$45.6K More

$251/SqFt

+$2 More

KEY TAKEAWAY

This property is $45.6K more than the Median Sold Price and $2/SqFt more than other homes in Merritt Island, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1006815

Listing Office:

  • Office Name: RE/MAX Aerospace Realty
  • Office Phone: (321) 631-5511
  • Listing Agent: Karla Bress

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 11:20:24 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,520

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4164436
4
/10

  • MILA Elementary School

  • 288 W Merritt Ave

  • 0.30 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4164437
4
/10

  • Thomas Jefferson Middle School

  • 1275 S Courtenay Pkwy

  • 2.20 miles

  • Public District Grades 7-8

High School

school-card-donut-4164438
4
/10

  • Merritt Island High School

  • 100 Mustang Way

  • 1.28 miles

  • Public District Grades PK-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,959. The most common annual income of people living in Merritt Island, FL is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 480 Sail Ln Unit Unit502

What is the listing price of this property?

The listing price of 480 Sail Ln Unit Unit502 property is $515,000.

What type of property is this?

The property 480 Sail Ln Unit Unit502 is a condo located in Merritt Island, Florida, 32953.

Is this property for sale now?

Active Listing: 480 Sail Ln Unit Unit502 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 480 Sail Ln Unit Unit502 are:
MILA Elementary School: GreatSchools Rating 4/10
Thomas Jefferson Middle School: GreatSchools Rating 4/10
Merritt Island High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 480 Sail Ln Unit Unit502 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 480 Sail Ln Unit Unit502 is 2,048 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 480 Sail Ln Unit Unit502 is 2004.

Rocket Homes›Florida›Brevard County›Merritt Island›32953›480 Sail Ln Unit Unit502

This home is located at 480 Sail Ln Unit Unit502 in Merritt Island, FL and zip code 32953 in the Island Pointe neighborhood. This 2,048 square foot home, which was built in 2004, sits on a 0.06 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $515,000.

In March 2024 more than 4 listings in Merritt Island, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 54 were sold below. The number of listings in Merritt Island, FL increased by 10.2% between February 2024 and March 2024. In March 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $469,360.

From Rocket Homes Real Estate and based on county public records data.

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