480 Sail Lane 206, Merritt Island, FL 32953

$320,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,048 Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $320,000 List Date: 3/06/2026 Last Modified: 5/25/2026

Overview

Description

Watch dolphins play from your balcony! Enjoy luxury waterfront living on the Intracoastal Waterway in the gated Island Pointe Condominium community! This spacious 3rd-floor, 3-bedroom, 2-bath residence offers breathtaking direct Indian River views and spectacular sunsets. The open floor plan features a large great room ideal for entertaining and a well-appointed kitchen with granite countertops, stainless steel appliances and movable island. The primary suite offers beautiful water views, generous closets, and spacious bathroom. Additional features include electric storm shutters, custom built-in shelving, and a laundry room with utility sink. Includes a private one-car garage. Two elevators in the building. Enjoy resort-style amenities including two heated pools, tennis, pickleball, fitness center, clubhouse, and riverfront boardwalk. Conveniently located minutes to beaches, Port Canaveral, Kennedy Space Center, NASA, and SpaceX. 45 minutes to Orlando Airport.

Listing Details MLS# 1071177

General Property Information

Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Living Area
2048
Living Area Source
Appraiser
Accessibility Features YN
No
New Construction YN
No
Year Built
2004
Garage YN
Yes
Carport YN
No
Lot Size Acres
0.06
Lot Size Square Feet
2614
Association YN
Yes
Association Fee
1235.81
Association Fee Frequency
Monthly
Association Name
ISLAND POINTE CONDOMINIUM ASSOCIATION, INC.
CDD Fee YN
No
Community Fee(s) YN
No
Waterfront YN
Yes
Water Body Name
Indian River
Furnished
Unfurnished
Stories
Yes
Stories Total
8
Entry Level
3
Direction Faces
East
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
170.41
Sold Price/SqFt
156.25
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Refrigerator; Washer Association Amenities: Basketball Court; Cable TV; Car Wash Area; Clubhouse; Elevator(s); Fitness Center; Maintenance Grounds; Pickleball; Pool; Sauna; Security; Spa/Hot Tub; Tennis Court(s); Trash; Water Association Fee Includes: Cable TV; Maintenance Grounds; Pest Control; Security; Trash; Water Construction Materials: Block; Concrete; Stucco Cooling: Central Air Current Use: Multi-Family Exterior Features: Balcony; Storm Shutters; Tennis Court(s) Flooring: Laminate; Tile; Wood Heating: Central Interior Features: Ceiling Fan(s); Eat-in Kitchen; His and Hers Closets; Kitchen Island; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; In Unit; Sink; Washer Hookup Levels: One Listing Terms: Cash; Conventional Lot Features: Dead End Street Other Structures: Tennis Court(s) Parking Features: Additional Parking; Garage; Garage Door Opener; Underground Pets Allowed: Cats OK; Dogs OK; Number Limit; Size Limit Possession: Close Of Escrow Rental Restrictions: 3 Months Roof: Concrete; Membrane Security Features: Gated with Guard; Secured Lobby Sewer: Public Sewer Showing Requirements: Lockbox Spa Features: Community; Heated; In Ground Special Listing Conditions: Standard Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected View: Bridge(s); Intracoastal; River; Water Water Source: Public Waterfront Features: Intracoastal; River Front; Seawall Room Types: Bedroom 2; Bedroom 3; Living Room; Primary Bedroom Community Features: Gated

Contract Information

Original List Price
429000
Listing Contract Date
2026-03-05
Property Sub Type
Condominium
Unit Type
Interior Unit

Location Tax and Legal

Street Number
480
Street Name
Sail
Street Suffix
Lane
County
Brevard
State
FL
Postal Code
32953
MLS Area Major
251 - Central Merritt Island
Subdivision Name
Island Pointe Condo Ph 1A

Remarks and Miscellaneous

Public Remarks
Watch dolphins play from your balcony! Enjoy luxury waterfront living on the Intracoastal Waterway in the gated Island Pointe Condominium community! This spacious 3rd-floor, 3-bedroom, 2-bath residence offers breathtaking direct Indian River views and spectacular sunsets. The open floor plan features a large great room ideal for entertaining and a well-appointed kitchen with granite countertops, stainless steel appliances and movable island. The primary suite offers beautiful water views, generous closets, and spacious bathroom. Additional features include electric storm shutters, custom built-in shelving, and a laundry room with utility sink. Includes a private one-car garage. Two elevators in the building. Enjoy resort-style amenities including two heated pools, tennis, pickleball, fitness center, clubhouse, and riverfront boardwalk. Conveniently located minutes to beaches, Port Canaveral, Kennedy Space Center, NASA, and SpaceX. 45 minutes to Orlando Airport.

Status Change Information

Major Change Timestamp
2026-05-25T01:36:28Z
Major Change Type
Status Change
Price Change Timestamp
2026-04-03T00:35:03Z
Status Change Timestamp
2026-05-24
Purchase Contract Date
2026-04-22
Close Date
2026-05-22
Close Price
320000

More Information

Closing Company Details

Closing Company Name
Island Title & Escrow Agency
Closing Company Address
2245 N Courtenay Pkwy Merritt Island, FL 32953

DPR Eligible

DPR Eligible
Yes

Legal Details

Permission Granted to Advertise
Yes

Pets Allowed

Total Number Of Pets
2
Weight Limit
35
Cats OK
Yes
Dogs OK
Yes
Number Limit
Yes
Size Limit
Yes

Showing Requirements

Gated
Community
Lockbox
Yes

Room Types

Bedroom 2 Level
Main
Bedroom 3 Level
Main
Living Room Level
Main
Primary Bedroom Level
Main
Bedroom 2
Yes
Bedroom 3
Yes
Living Room
Yes
Primary Bedroom
Yes

Location, Tax, and Legal

Unit Number
206
Tax Account
2457925
Parcel Number
24-36-35-00-00252.M-0000.00
General County Location
Central
Elementary School
Mila
Middle School
Jefferson
High School
Merritt Island
Tax Annual Amount
2606.06
Tax Year
2025
Tax Legal Description
ISLAND POINTE CONDO PH 1A UNIT 206 ISLAND POINTE CONDO PHASE IA AS DESC IN ORB 5374 PG 2577 AND ALL AMENDMENTS THERETO
Directions
Merritt Island Causeway (520 ) North on North Tropical Trail. Second left on Sail Lane to Island Pointe guard gate.

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Oven
Yes
Refrigerator
Yes
Washer
Yes

Association Amenities

Basketball Court
Yes
Cable TV
Yes
Car Wash Area
Yes
Clubhouse
Yes
Elevator(s)
Yes
Fitness Center
Yes
Maintenance Grounds
Yes
Pickleball
Yes
Pool
Yes
Sauna
Yes
Security
Yes
Spa/Hot Tub
Yes
Tennis Court(s)
Yes
Trash
Yes
Water
Yes

Association Fee Includes

Cable TV
Yes
Maintenance Grounds
Yes
Pest Control
Yes
Security
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes

Current Use

Multi-Family
Yes

Exterior Features

Balcony
Yes
Storm Shutters
Yes
Tennis Court(s)
Yes

Flooring

Laminate
Yes
Tile
Yes
Wood
Yes

Heating

Central
Yes

Interior Features

Ceiling Fan(s)
Yes
Eat-in Kitchen
Yes
His and Hers Closets
Yes
Kitchen Island
Yes
Open Floorplan
Yes
Primary Bathroom -Tub with Separate Shower
Yes
Walk-In Closet(s)
Yes

Laundry Features

Electric Dryer Hookup
Yes
In Unit
Yes
Sink
Yes
Washer Hookup
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Dead End Street
Yes

Other Structures

Tennis Court(s)
Yes

Parking Features

Additional Parking
Yes
Garage
Yes
Garage Door Opener
Yes
Underground
Yes

Possession

Close Of Escrow
Yes

Roof

Concrete
Yes
Membrane
Yes

Security Features

Gated with Guard
Yes
Secured Lobby
Yes

Sewer

Public Sewer
Yes

Spa Features

Community
Yes
Heated
Yes
In Ground
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

Bridge(s)
Yes
Intracoastal
Yes
River
Yes
Water
Yes

Water Source

Public
Yes

Waterfront Features

Intracoastal
Yes
River Front
Yes
Seawall
Yes

Rental Restrictions

3 Months
Yes

Community Features

Gated
Yes

Room Information

Primary Bedroom Level: Main Length: 12.60 Length: 12.60 Width: 19.00 Width: 19.00 Living Room Level: Main Length: 16.00 Length: 16.00 Width: 18.00 Width: 18.00 Bedroom 2 Level: Main Length: 12.00 Length: 12.00 Width: 13.90 Width: 13.90 Bedroom 3 Level: Main Length: 11.00 Length: 11.00 Width: 13.00 Width: 13.00
Listing Office: LPT Realty LLC
Last Updated: May - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.