Mar y Sol Properties

480 Sail Lane 402, Merritt Island, FL 32953 (MLS# 721336)


$322,000
480 Sail Lane 402
Merritt Island, FL 32953
MLS# 721336
Status: Closed
3 beds  |  2 baths  |  2048 sqft


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Property Description
From the moment you enter the foyer, and look straight out westward to the Indian River and setting sun, you immediately sense relief, vacation, and home, at last. This luxury 3 bedroom, 2 bath condominium has it all from a spacious laundry area to a large private balcony, where you can sip a beverage, and watch the dolphins, manatees, and the rocket launches. The kitchen has granite counter tops and handsome cabinetry. There is an open floor plan with dining and living room areas. There is plenty of closet and storage space. The master bedroom looks out upon the River and has private balcony access as well. There are his and her walk in closets, and a huge master bath area with jetted tub and walk in shower. This property is also great for an Investor.

Details
Maps
Contract Information
Unit Type: Exterior Unit
Current Price: $322,000
Original List Price: 360000
Sold Price: $322,000
Status: Closed
Listing Contract Date: 2015-03-23
Property Sub Type: Condominium
Location, Tax, and Legal
Unit Number: 402
Tax Account: 2457935
Parcel Number: 24-36-35-00-00252.W-0000.00
General County Location: Central
Elementary School: Mila
Middle School: Jefferson
High School: Merritt Island
Tax Annual Amount: 3433.51
Tax Year: 2013
Tax Legal Description: UNIT 402 ISLAND POINTE CONDO PHASE IA AS DESC IN ORB 5374 PG 2577 AND ALL AMENDMENTS THERETO
Directions: From the 520, on Merritt Island, go North on North Tropical Trail and turn left, westward, at the Island Pointe marquis, proceed to the gate, and check in with guard.
General Property Information
Stories Total: 8
Bathrooms Half: 0
Living Area: 2048
Living Area Source: Public Records
Building Area Total: 2048
Lot Size Acres: 0.06
Lot Size Square Feet: 2614
Association YN: Yes
Association Fee: 507.86
New Construction YN: No
Association Fee Frequency: Monthly
Garage YN: Yes
Garage Spaces: 1
Carport YN: No
Carport Spaces: 0
Waterfront YN: Yes
Water Body Name: Indian River
Senior Community YN: No
Water Body Access YN: Yes
Furnished: Unfurnished
Entry Level: 4
Direction Faces: East
Pool Private YN: No
List Price/SqFt: 175.78
Sold Price/SqFt: 157.23
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 2004
Remarks and Miscellaneous
Public Remarks: From the moment you enter the foyer, and look straight out westward to the Indian River and setting sun, you immediately sense relief, vacation, and home, at last. This luxury 3 bedroom, 2 bath condominium has it all from a spacious laundry area to a large private balcony, where you can sip a beverage, and watch the dolphins, manatees, and the rocket launches. The kitchen has granite counter tops and handsome cabinetry. There is an open floor plan with dining and living room areas. There is plenty of closet and storage space. The master bedroom looks out upon the River and has private balcony access as well. There are his and her walk in closets, and a huge master bath area with jetted tub and walk in shower. This property is also great for an Investor.
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Association Amenities
Basketball Court: 1
Clubhouse: 1
Fitness Center: 1
Maintenance Grounds: 1
Management - Full Time: 1
Pool: 1
Spa/Hot Tub: 1
Tennis Court(s): 1
Association Fee Includes
Insurance: 1
Security: 1
Sewer: 1
Trash: 1
Water: 1
Construction Materials
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Exterior Features
Balcony: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Interior Features
Breakfast Bar: 1
Breakfast Nook: 1
Built-in Features: 1
Ceiling Fan(s): 1
Eat-in Kitchen: 1
His and Hers Closets: 1
Open Floorplan: 1
Pantry: 1
Primary Bathroom - Tub with Shower: 1
Primary Bathroom -Tub with Separate Shower: 1
Split Bedrooms: 1
Walk-In Closet(s): 1
Laundry Features
Electric Dryer Hookup: 1
Gas Dryer Hookup: 1
Washer Hookup: 1
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Parking Features
Attached: 1
Garage: 1
Patio And Porch Features
Side Porch: 1
Pets Allowed
Breed Restrictions: 1
Size Limit: 1
Possession
Close Of Escrow: 1
Water Body Access Type
Community: 1
Roof
Concrete: 1
Security Features
Gated with Guard: 1
Secured Elevator: 1
Secured Lobby: 1
Spa Features
Bath: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Connected: 1
View
Intracoastal: 1
River: 1
Water: 1
Waterfront Features
River Front: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Call Listing Office: 1
Gated: Yes
Rental Restrictions
3 Months: 1
Room Types
Florida Room: 1
Laundry: 1
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
Status Change Information
Major Change Timestamp: 2015-05-04T19:01:05Z
Major Change Type: Status Change
Status Change Timestamp: 2015-05-04
Purchase Contract Date: 2015-04-11
Close Date: 2015-05-04
Close Price: 322000
Property Features
Appliances: Dishwasher; Disposal; Microwave
Association Amenities: Basketball Court; Clubhouse; Fitness Center; Maintenance Grounds; Management - Full Time; Pool; Spa/Hot Tub; Tennis Court(s)
Association Fee Includes: Insurance; Security; Sewer; Trash; Water
Construction Materials: Concrete; Stucco
Cooling: Central Air; Electric
Exterior Features: Balcony
Flooring: Carpet; Tile
Heating: Central
Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; His and Hers Closets; Open Floorplan; Pantry; Primary Bathroom - Tub with Shower; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s)
Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup
Levels: Three Or More
Listing Terms: Cash; Conventional; FHA; VA Loan
Parking Features: Attached; Garage
Patio And Porch Features: Side Porch
Pets Allowed: Breed Restrictions; Size Limit
Possession: Close Of Escrow
Water Body Access Type: Community
Rental Restrictions: 3 Months
Roof: Concrete
Security Features: Gated with Guard; Secured Elevator; Secured Lobby
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Call Listing Office
Spa Features: Bath
Special Listing Conditions: Standard
Utilities: Electricity Connected
View: Intracoastal; River; Water
Waterfront Features: River Front
Room Types: Florida Room; Laundry
Supplements
There are excellent tenants in place who would love to stay. The amenities are first class, boasting tennis and basketball courts, a Clubhouse, spa, designated pathways, and two pools. The community is gated, manned by a security guard. The building has a locked lobby area, secure elevator, and direct access to parking. The world famous Cocoa Beach and Historic Cocoa Village are but a few miles away. Need I say more?

Listing Office: Weichert REALTORS Hallmark Pro

Last Updated: June - 11 - 2026

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