490 Sail Lane 203 # 203 Merritt Island, FL $ 375,000
490 Sail Lane 203 # 203
$ 375,000
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490 Sail Lane 203 # 203

Merritt Island, FL, 32953
$ 375,000
Bedrooms3 Baths2.0 Sq 2,122

Monthly Estimate*

$ 2,309

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Condo for sale in Merritt Island, FL

for $375,000 with 3 bedrooms and 2 full baths. This 2,122 square foot condo was built in 2005 on a lot size of 0.04.

This Island Pointe residence elevates waterfront living with thoughtful updates and a layout designed for comfort and style. With prime exposure, this 3 bed, 2 bath unit overlooks the Indian River. Enjoy sweeping views of sunsets, rocket launches, & wildlife. The spacious floor plan includes a flexible area for a den or formal dining, and the entire unit has been freshly painted. Luxury vinyl plank flooring adds a modern feel throughout. The kitchen features solid wood cabinetry, solid surface countertops, updated appliances, and a moveable island for cooking or entertaining. The primary suite includes an updated bath with a walk‑in shower. The balcony has hurricane shutters, and the unit includes a 1 car garage under the building plus exterior parking. Amenities include a clubhouse with meeting rooms, library, sauna, gym, kitchen, dining area, and covered patio. Both pools are renovated, and the new south‑end sports deck offers pickleball, tennis, and basketball! Welcome home!

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Condo Active

Price

$ 375,000

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 3,312

Style

Condominium

Lot Size

0.04

Year Built

2005

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1066325

Features
General
Living Area 2122.0
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Connected Electricity Available Sewer Connected
Possession Close Of Escrow
Roof Membrane
Appliances Dishwasher Disposal Electric Range Ice Maker Microwave Refrigerator
HOA Fee 1214.75
Garage Spaces 1.0
Association Fee Includes Cable TV Insurance Internet Maintenance Grounds Maintenance Structure Pest Control Security Sewer Trash Water Other
Security Features Gated with Guard Smoke Detector(s) Secured Lobby
Construction Materials Concrete
Pets Allowed Number Limit Size Limit Yes
Year Built 2005
View Bridge(s) River Intracoastal
Stories Count 1
Levels One
Unit Number 203
Property Subtype Condominium
Tax Year 2025
Current Use Residential
Waterfront Features River Front Intracoastal
Additional Parcels Description 2458415
Assoc Fee Paid Per Monthly
County Brevard
New Construction N
Property Type Residential
Association Amenities Basketball Court Cable TV Car Wash Area Clubhouse Elevator(s) Fitness Center Gated Maintenance Grounds Maintenance Structure Pickleball Pool Sauna Security Spa/Hot Tub Tennis Court(s) Trash Water Man
HOA Y
Attached Garage N
Subdivision Name Island Pointe Condo Ph 1B
Facing Direction South
Garage Y/N Y
Other Structures Tennis Court(s)
Total Rooms 9
Full Baths 2
Status Active
Directions From N Tropical Trl & 520 - Head N on N. Tropical Trail - W on Sail Ln. Check in with Guard. Follow Parking Instructions From Guard.
High School Merritt Island
City Merritt Island
Body of Water Indian River
Association Name Island Pointe Condo of Merritt Island
Senior Community Y/N N
Zoning Description Condominium
MLS Area 251 - Central Merritt Island
Lot Size Units Acres
Lot Size Square Feet 1742.0
Carport Y/N N
Spa Features Community In Ground
Elementary School Mila
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3312.8
Home Warranty Y/N N
Middle/Junior High School Jefferson
Property Condition Updated/Remodeled
Lease Renewal Y/N N
MLS Area Minor 251 - Central Merritt Island
Lease Considered Y/N N
Virtual Tour https://idx.paradym.com/idx/490-Sail-Lane-203-Merritt-Island-FL-32953/4953823
Standard Status Active
Legal Description ISLAND POINTE CONDO PH 1B UNIT 203 ISLAND POINTE CONDO PH 1B AS DESC IN ORB 5438 PG 1365 AND ALL AMENDMENTS THERETO
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Interior
Interior Amenities Breakfast Bar Breakfast Nook Ceiling Fan(s) Elevator Entrance Foyer His and Hers Closets Kitchen Island Open Floorplan Pantry Primary Bathroom - Shower No Tub Split Bedrooms Walk-In Closet(s)
Flooring Carpet Tile Vinyl
Furnished Y/N Unfurnished
Total Stories 8
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features Electric Dryer Hookup In Unit Washer Hookup
Total Bedrooms 3
Entry Level 3
Total Baths 2
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Exterior
Exterior Amenities Balcony Outdoor Shower Tennis Court(s) Storm Shutters
Parking Features Additional Parking Assigned Garage Garage Door Opener Guest Underground
Lot Features Dead End Street
Water Source Public
Lot Size Area 0.04
Spa N
Lot Size Acres 0.04
Road Surface Type Asphalt
Waterfront Y/N Y
Road Frontage Type Private Road
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 490
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* Excluded Features
List By
Bhhs Florida Realty

Broker

barbara@barbarawall.com

Email

Affordability Calculator

$2,585
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$276
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1362986 Elementary School
1362970 Middle School
Merritt Island High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$375,000 Listed Price

Map


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490 Sail Lane 203 # 203, Merritt Island, FL, 32953 is a Condo for sale at $375,000 with 2,122 sqft and a lot size of 0.04. 490 Sail Lane 203 # 203 has 3 bedrooms, 2.0 baths, and was built in 2005. The property's zip code is 32953 which is in Merritt Island, FL