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500 Sail Lane 403 Merritt Island, FL $ 429,000
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$ 429,000 Get more info
500 Sail Lane 403
$ 429,000
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500 Sail Lane 403

Merritt Island, FL, 32953
$ 429,000
Bedrooms3 Baths2.0 Sq 2,048

Monthly Estimate*

$ 2,641

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Condo for sale in Merritt Island, FL

for $429,000 with 3 bedrooms and 2 full baths. This 2,048 square foot condo was built in 2005 on a lot size of 0.03.

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.

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Condo Active

Price

$ 429,000

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 3,449

Style

Condominium

Lot Size

0.03

Year Built

2005

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1078054
Features
General
Living Area 2048
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Appliances Dishwasher Disposal Dryer Electric Oven Electric Range Electric Water Heater Microwave Refrigerator Washer Other
HOA Fee 1235
Garage Spaces 1
Association Fee Includes Insurance Maintenance Grounds Security Sewer Trash Water
Security Features Gated with Guard Security Gate Secured Lobby
Construction Materials Concrete Stucco
Pets Allowed Breed Restrictions Number Limit Size Limit Yes
Year Built 2005
View River Water Intracoastal
Stories Count 1
Levels One
Unit Number 403
Property Subtype Condominium
Tax Year 2025
Current Use Residential
Waterfront Features Navigable Water River Access River Front Intracoastal
Accessibility Grip-Accessible Features
Additional Parcels Description 2459166
Assoc Fee Paid Per Monthly
County Brevard
New Construction false
Property Type Residential
Association Amenities Car Wash Area Clubhouse Elevator(s) Fitness Center Gated Jogging Path Maintenance Grounds Management - Full Time Pickleball Pool Sauna Security Spa/Hot Tub Tennis Court(s) Trash Management - On Site
HOA true
Attached Garage false
Subdivision Name Island Pointe Condo Ph 1C
Facing Direction East
Garage Y/N true
Total Rooms 0
Full Baths 2
Status Active
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.
High School Merritt Island
City Merritt Island
Body of Water Indian River
Association Name Island Pointe Condominium
Senior Community Y/N false
MLS Area 251 - Central Merritt Island
Lot Size Units Acres
Lot Size Square Feet 1307
Carport Y/N false
Elementary School Mila
Tax Annual Amount 3449.81
Middle/Junior High School Jefferson
Property Condition Updated/Remodeled
MLS Area Minor 251 - Central Merritt Island
Standard Status Active
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
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Interior
Interior Amenities Breakfast Bar Breakfast Nook Ceiling Fan(s) Eat-in Kitchen Pantry Primary Bathroom -Tub with Separate Shower Walk-In Closet(s)
Flooring Carpet Tile
Furnished Y/N Negotiable
Total Stories 7
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features Electric Dryer Hookup In Unit Washer Hookup
Total Bedrooms 3
Entry Level 5
Total Baths 2
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Exterior
Exterior Amenities Balcony Storm Shutters
Parking Features Additional Parking Covered Garage Gated Guest Parking Lot Underground
Lot Features Other
Water Source Public
Lot Size Area 0.03
Building Area Total 2577
Lot Size Acres 0.03
Waterfront Y/N true
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* Excluded Features
List By
Tropical Realty & Inv. Of Brev

Broker

linda.wise@troprealty.com

Email

Affordability Calculator

$2,929
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,641
Monthly Property Taxes
$287
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
4801412 Elementary School
4788136 Middle School
Merritt Island High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/22/2026$429,000 Listed Price

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500 Sail Lane 403, Merritt Island, FL, 32953 is a Condo for sale at $429,000 with 2,048 sqft and a lot size of 0.03. 500 Sail Lane 403 has 3 bedrooms, 2.0 baths, and was built in 2005. The property's zip code is 32953 which is in Merritt Island, FL

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