2 months on rocket

500 Sail Ln Unit Unit502, Merritt Island, FL, 32952

$549,900

Home List Price

$6,530*

Closing Credit

3 Bedrooms
2 Full Baths
2,048 SqFt
$269/SqFt
Condo
Schools Nearby

Location

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500 Sail Ln Unit Unit502, Merritt Island$549,900

Buyer Closing Credits

$6,530*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Covered, Garage, Parking Lot, Secured
Garage1 space
Year Built2005
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNavigable Water, River Front, Seawall, Intracoastal, Waterfront
ViewBridge(s), City, River, Water, Intracoastal
MLS #1001633
Lot Size0.03 Acres
StatusActive

About 500 Sail Ln Unit Unit502

Direct Indian River views on the beautiful Intercoastal Waterway this 6th floor facing west offers spectacular evening sunsets in Prestigious Island Pointe. Watch the dolphin & manatee play from your private enclosed patio. This is the spacious Brunswick floor plan, only 4 units per floor in this highly sought after 500 building. Includes granite countertops & white cabinets, newer Stainless Steel appliances, spacious pantry & movable island. Tile throughout living room/kitchen & baths, real wood flooring in bedrooms. Key West Plantation Shutters adorn the windows, electric hurricane storm shutters w battery backup. Private enclosed 1 car garage under the building for added storage. Includes a gated Community with 24 hour security guard. Amenities: 2 swimming pools & hot tubs pickleball, basketball & tennis courts, clubhouse exercise rm, kitchen & rec room for private parties. Close to Historic Cocoa Village restaurants & shops, Publix and area shopping. Live the Florida Dream.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 6
  • Living Area: 2,048 SqFt

Listing Office:

  • Office Name: Elite Real Estate
  • Office Phone: (321) 775-8210
  • Listing Agent: Lou Ann Janke

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Jack and Jill Bath, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Navigable Water, River Front, Seawall, Intracoastal, Waterfront
  • View: Bridge(s), City, River, Water, Intracoastal
  • Exterior: Balcony, Tennis Court(s), Storm Windows

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Additional Parking, Covered, Garage, Parking Lot, Secured

Virtual/3D Tour

  • Virtual Tour: 500 Sail Ln Unit Unit502

Virtual Tour

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Dead End Street
  • Lot Size: 0.03 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 SR520 to N. Tropical Trail then left on Sail Lane into Island Pointe.

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,900
  • Price Per SqFt: $269/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

500 Sail Ln Unit Unit502 vs Merritt Island

70 DAYS ON ROCKET

+8 Days

$549,900

+$80.5K More

$269/SqFt

+$20 More

KEY TAKEAWAY

This property is $80.5K more than the Median Sold Price and $20/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: #1001633

Listing Office:

  • Office Name: Elite Real Estate
  • Office Phone: (321) 775-8210
  • Listing Agent: Lou Ann Janke

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, 6:20:23 PM 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

$3,694

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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-4309954
4
/10

  • MILA Elementary School

  • 288 W Merritt Ave

  • 0.31 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4309955
4
/10

  • Thomas Jefferson Middle School

  • 1275 S Courtenay Pkwy

  • 2.14 miles

  • Public District Grades 7-8

High School

school-card-donut-4309956
4
/10

  • Merritt Island High School

  • 100 Mustang Way

  • 1.32 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 majority of Merritt Island, FL residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Sail Ln Unit Unit502

What is the listing price of this property?

The listing price of 500 Sail Ln Unit Unit502 property is $549,900.

What type of property is this?

The property 500 Sail Ln Unit Unit502 is a condo located in Merritt Island, Florida, 32952.

Is this property for sale now?

Active Listing: 500 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 500 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 500 Sail Ln Unit Unit502 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Sail Ln Unit Unit502 is 2,048 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Sail Ln Unit Unit502 is 2005.

Rocket Homes›Florida›Brevard County›Merritt Island›32952›500 Sail Ln Unit Unit502

This home is located at 500 Sail Ln Unit Unit502 in Merritt Island, FL and zip code 32952 in the Island Pointe neighborhood. This 2,048 square foot home, which was built in 2005, sits on a 0.03 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $549,900.

Merritt Island, FL housing market in March 2024 saw over 4 listings sold above listed price, more than 9 sold at listed price and over 54 sold below. The number of listings in Merritt Island, FL increased by 10.2% between February 2024 and March 2024. In March 2024 median list price was $469,360 and the average listing age was 62 days.

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

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