500 Sail Lane 403, Merritt Island, FL 32953 (MLS# 1078054)

500 Sail Lane 403, Merritt Island, FL 32953

New Listing

$429,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,577 Lot Size (sq. ft.): 1,307 Status: Active

Current Price: $429,000 List Date: 5/22/2026 Last Modified: 5/23/2026

Overview

Description

Merritt Island's Direct River most sought after condominium and the point building, 500 Sail Ln in Island Pointe! Light and bright, fun beachy decore with furnishings negotiable. 3 Bedrooms, 2 baths, Primary Bedroom offering views of the River to wake up by, one bedroom currently used as an office with Murphy bed, and 3rd bedroom with private bath access. Large balcony offers relaxing space to unwind and includes remote control hurricane shutters. Complex has large clubhouse w/ full kitchen, exercise room, sauna, 2 pools, hot tubs, tennis courts, pickle ball court & basketball court too. Close to shopping, restaurants and quick trip to the beach.

Listing Details MLS# 1078054

General Property Information

Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 2048
Living Area Source: Public Records
Building Area Total: 2577
Accessibility Features YN: Yes
New Construction YN: No
Year Built: 2005
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Lot Size Acres: 0.03
Lot Size Square Feet: 1307
Association YN: Yes
Association Fee: 1235
Association Fee Frequency: Monthly
Association Name: Island Pointe Condominium
Association Phone: 321-806-4908
CDD Fee YN: No
Community Fee(s) YN: No
Waterfront YN: Yes
Water Body Name: Indian River
Land Site Description: Direct River
Furnished: Negotiable
Stories: Yes
Stories Total: 7
Entry Level: 5
Direction Faces: East
Senior Community YN: No
Pool Private YN: No
List Price/SqFt: 209.47
Bathrooms Half: 0

Property Features

Accessibility Features: Grip-Accessible Features Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer; Other Association Amenities: Car Wash Area; Clubhouse; Elevator(s); Fitness Center; Gated; Jogging Path; Maintenance Grounds; Management - Full Time; Management - On Site; Pickleball; Pool; Sauna; Security; Spa/Hot Tub; Tennis Court(s); Trash Association Fee Includes: Insurance; Maintenance Grounds; Security; Trash; Water Construction Materials: Concrete; Stucco Cooling: Central Air; Electric Current Use: Residential Exterior Features: Balcony; Storm Shutters Flooring: Carpet; Luxury Vinyl; Tile Heating: Central; Electric Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Eat-in Kitchen; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Levels: One Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Additional Parking; Covered; Garage; Gated; Guest; Parking Lot; Underground Pets Allowed: Breed Restrictions; Number Limit; Size Limit; Yes Possession: Close Of Escrow Property Condition: Updated/Remodeled Security Features: Gated with Guard; Secured Lobby; Security Gate Sewer: Public Sewer Showing Requirements: Appointment Only; Lockbox; Showing Service Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected View: Intracoastal; River; Water Water Source: Public Waterfront Features: Intracoastal; Navigable Water; River Access; River Front Community Features: Curbs; Fishing; Gated; Sidewalks

Contract Information

Original List Price: 429000
Listing Contract Date: 2026-05-22
Property Sub Type: Condominium
Unit Type: Interior Unit

Location Tax and Legal

Street Number: 500
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 1C

Remarks and Miscellaneous

Public Remarks: Merritt Island's Direct River most sought after condominium and the point building, 500 Sail Ln in Island Pointe! Light and bright, fun beachy decore with furnishings negotiable. 3 Bedrooms, 2 baths, Primary Bedroom offering views of the River to wake up by, one bedroom currently used as an office with Murphy bed, and 3rd bedroom with private bath access. Large balcony offers relaxing space to unwind and includes remote control hurricane shutters. Complex has large clubhouse w/ full kitchen, exercise room, sauna, 2 pools, hot tubs, tennis courts, pickle ball court & basketball court too. Close to shopping, restaurants and quick trip to the beach.

Status Change Information

Major Change Timestamp: 2026-05-22T16:58:23Z
Major Change Type: New Listing
Status Change Timestamp: 2026-05-22

More Information

Closing Company Details

Closing Company Name: Island Title 321-453-6099 Sarah@IslandTitle.net
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
Breed Restrictions: Yes
Number Limit: Yes
Size Limit: Yes
Yes: Yes

Currently Not Used

Homestead YN: Yes

Location, Tax, and Legal

Unit Number: 403
Tax Account: 2459166
Parcel Number: 24-36-35-34-00000.0-0001.49
General County Location: Central
Elementary School: Mila
Middle School: Jefferson
High School: Merritt Island
Tax Annual Amount: 3449.81
Tax Year: 2025
Tax Legal Description: ISLAND POINTE CONDO PH 1C UNIT 403 ISLAND POINTE CONDO PHASE 1C AS DESC IN ORB 5482 PG 5232 AND ALL AMENDMENTS THERETO
Directions: 520 - north on Tropical Trail - left into Island Pointe - through guard shack, go right to the farthest east building which is 500 Sail Ln.

Accessibility Features

Grip-Accessible Features: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Oven: Yes
Electric Range: Yes
Electric Water Heater: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Other: Yes

Association Amenities

Car Wash Area: Yes
Clubhouse: Yes
Elevator(s): Yes
Fitness Center: Yes
Gated: Yes
Jogging Path: Yes
Maintenance Grounds: Yes
Management - Full Time: Yes
Management - On Site: Yes
Pickleball: Yes
Pool: Yes
Sauna: Yes
Security: Yes
Spa/Hot Tub: Yes
Tennis Court(s): Yes
Trash: Yes

Association Fee Includes

Insurance: Yes
Maintenance Grounds: Yes
Security: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Construction Materials

Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Residential: Yes

Exterior Features

Balcony: Yes
Storm Shutters: Yes

Flooring

Carpet: Yes
Luxury Vinyl: Yes
Tile: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Breakfast Bar: Yes
Breakfast Nook: Yes
Ceiling Fan(s): Yes
Eat-in Kitchen: Yes
Pantry: Yes
Primary Bathroom -Tub with Separate Shower: Yes
Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
In Unit: Yes
Washer Hookup: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Other: Yes

Parking Features

Additional Parking: Yes
Covered: Yes
Garage: Yes
Gated: Yes
Guest: Yes
Parking Lot: Yes
Underground: Yes

Possession

Close Of Escrow: Yes

Security Features

Gated with Guard: Yes
Secured Lobby: Yes
Security Gate: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

Intracoastal: Yes
River: Yes
Water: Yes

Water Source

Public: Yes

Waterfront Features

Intracoastal: Yes
Navigable Water: Yes
River Access: Yes
River Front: Yes

Showing Requirements

Appointment Only: Yes
Lockbox: Yes
Showing Service: Yes

Property Condition

Updated/Remodeled: Yes

Community Features

Curbs: Yes
Fishing: Yes
Gated: Yes
Sidewalks: Yes

Documents

Seller's Disclosure and Flood Disclosure ›

Listing Office: Tropical Realty & Inv. of Brev

Last Updated: May - 23 - 2026

Information is deemed to be reliable, but is not guaranteed.