490 Sail Lane 203 Merritt Island, FL $ 359,000
490 Sail Lane 203
$ 359,000
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490 Sail Lane 203

Merritt Island, FL, 32953
$ 359,000
Bedrooms3 Baths2.0 Sq 2,122

Monthly Estimate*

$ 2,210

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Condo for sale in Merritt Island, FL

for $359,000 with 3 bedrooms and 2 full baths. This 2,122 square foot condo was built in 2005.

This Island Pointe condo offers updated waterfront living with prime Indian River views—sunsets, rocket launches, and wildlife. This 3 bed, 2 bath unit features fresh paint, luxury vinyl plank flooring, a flexible den/dining area, and a kitchen with solid wood cabinets, solid-surface counters, updated appliances, and a moveable island. The primary suite has an updated walk-in shower. Enjoy a balcony with hurricane shutters, garage parking, two renovated pools, clubhouse, and a new sports deck with pickleball, tennis, and basketball.

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Condo Active

Price

$ 359,000

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 3,313

Style

Year Built

2005

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

294756

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Other
Appliances Dishwasher Microwave Range Refrigerator
HOA Fee 1214.75
Garage Spaces 1
Architectural Style Multi-Level Multi-Family
Pool Features Community Pool
Security Features Gated with Guard
Construction Materials Block Concrete
Pets Allowed Yes Breed Restrictions Number Limit Size Limit
Year Built 2005
View Intercoastal River
Stories Count 8
Levels Three Or More
Property Subtype Attached
Ownership Condo
Parcel Number 2458415
Waterfront Features River Front Seawall
County Brevard
New Construction false
Property Type Residential
Subdivision Name Other
Facing Direction South
Garage Y/N true
Total Rooms 7
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.
City Merritt Island
Association Name Island Pointe Condo
MLS Area Brevard east of IR
Lot Size Units Acres
Spa Features Community Hot Tub
Property Attached Y/N true
Standard Status Active
Property Sub Type Additional Attached
Legal Description UNIT 203 ISLAND POINTE CONDO PH 1B AS DESC IN ORB 5438 PG 1365 AND ALL AMENDMENTS THERETO
Unit Number 203
Tax Year 2025
Community Features Basketball Court Fitness Library Other Pickleball Property Manager On-Site Sauna Tennis Court(s) Pool
Zoning Description Residential
Tax Annual Amount 3313
Tax Assessed Value 253380
Assoc/CIC Condominium
Association Fee Includes Common Areas Cable TV Insurance Internet Maintenance Structure Recreation Facilities Sewer Security Trash Water
Association Amenities Dues Paid Monthly
Virtual Tour https://idx.paradym.com/idx/490-Sail-Lane-203-Merritt-Island-FL-32953/4953823 https://idx.paradym.com/idx/490-Sail-Lane-203-Merritt-Island-FL-32953/4953823
Tax Lot 1
Structure Type Multi Family
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Interior
Flooring Carpet Tile Vinyl
Furnished Y/N Unfurnished
Total Fireplaces 0
Total Stories 8
Air Conditioning Y/N true
Heating Y/N true
Window Features Window Treatments
Fireplace Y/N false
Half Baths 0
Laundry Features Washer Hookup Dryer Hookup Laundry Room In Unit
Total Bedrooms 3
Total Baths 2
Interior Amenities Built-in Features Kitchen Island Pantry Split Bedrooms Walk-In Closet(s)
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Exterior
Exterior Amenities Balcony Tennis Court(s)
Parking Features Garage
Water Source Public
Spa true
Waterfront Y/N true
Lot Features < 1/4 Acre
Door Features Sliding Doors
Lot Dimensions .04
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* Excluded Features
List By
Bhhs Florida Realty - Brevard

Broker

321-768-7600

Contact

Affordability Calculator

$2,487
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,210
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
0 Elementary School
0 Middle School
Pricing History
Date Price Price Change Description
2/10/2026 $359,000 -4.27% Price Down
2/3/2026 $375,000 Listed Price

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490 Sail Lane 203, Merritt Island, FL, 32953 is a Condo for sale at $359,000 with 2,122 sqft. 490 Sail Lane 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