500 Sail Lane 203, Merritt Island, FL 32953 (MLS# 1055524)

Unit Type: Interior Unit

Current Price: $395,000

Original List Price: 495000

List Price: $395,000

Status: Active

Listing Contract Date: 2025-08-26

Property Sub Type: Condominium

Homestead YN: Yes

Unit Number: 203

Tax Account: 2459158

Parcel Number: 24-36-35-34-00000.0-0001.41

General County Location: Central

Elementary School: Mila

Middle School: Jefferson

High School: Merritt Island

Tax Annual Amount: 4024.86

Tax Year: 2023

Directions: 520 - north on Tropical Trail - left into Island Pointe - thru guard shack - go to the farthest east building which is 500 Sail Ln

Stories Total: 7

Bathrooms Half: 0

Living Area: 2048

Living Area Source: Public Records

Building Area Total: 2577

Lot Size Acres: 0.03

Lot Size Square Feet: 1307

Accessibility Features YN: No

Association YN: Yes

Association Fee: 1235

New Construction YN: No

Association Fee Frequency: Monthly

Association Name: Island Pointe Condominium by Campbell Prop Mgmt

Association Phone: 321-806-4908

Garage YN: Yes

Garage Spaces: 1

Carport YN: No

Waterfront YN: Yes

Water Body Name: Indian River

Senior Community YN: No

CDD Fee YN: No

Community Fee(s) YN: No

Furnished: Furnished

Stories: 1

Entry Level: 3

Direction Faces: East

Pool Private YN: No

List Price/SqFt: 192.87

Bedrooms Total: 3

Bathrooms Total: 2

Bathrooms Full: 2

Year Built: 2005

Public Remarks: Drastic $100k price reduction!!!! Direct river w/ amazing sunset views from the most sought after building in Island Pointe! Open floor plan boasts 3 spacious bedrooms & 2 full baths! Wood cabinets & quartz counters accent the kitchen that offers a movable island + a nook, pantry & breakfast bar! The great rm layout captures gorgeous river views! The primary also has balcony access & provides a luxury bath w/ a jetted tub, separate shower, double sinks & two walk-in closets! The 2 guest rms also have walk-in closets & 1 has private bath access! The large balcony is perfect for your evening unwind & incl hurricane shutters! The assoc & buildings are in great condition! This complex has so many amenities incl a large clubhouse w/ a full kitchen, exercise rm, sauna, 2 pools, hot tubs, tennis courts, pickle ball court & basketball courts! Enjoy river activities too or just watch the dolphins & manatees from the boardwalk! Close to shopping & easy trip to the beach! Furnished too!

Dishwasher: 1

Disposal: 1

Dryer: 1

Electric Range: 1

Ice Maker: 1

Microwave: 1

Refrigerator: 1

Washer: 1

Car Wash Area: 1

Clubhouse: 1

Elevator(s): 1

Fitness Center: 1

Gated: 1

Jogging Path: 1

Maintenance Grounds: 1

Management - On Site: 1

Pool: 1

Security: 1

Spa/Hot Tub: 1

Tennis Court(s): 1

Trash: 1

Cable TV: 1

Insurance: 1

Internet: 1

Maintenance Grounds: 1

Pest Control: 1

Security: 1

Trash: 1

Water: 1

Closing Company Name: International Title Donna Harris

Closing Company Address: 226 N Atlantic Ave, Cocoa Beach, FL 32931

Stucco: 1

Central Air: 1

Residential: 1

DPR Eligible: Yes

Balcony: 1

Storm Shutters: 1

Carpet: 1

Tile: 1

Electric: 1

Breakfast Bar: 1

Breakfast Nook: 1

Ceiling Fan(s): 1

Eat-in Kitchen: 1

His and Hers Closets: 1

Kitchen Island: 1

Open Floorplan: 1

Pantry: 1

Primary Bathroom -Tub with Separate Shower: 1

Split Bedrooms: 1

Walk-In Closet(s): 1

Electric Dryer Hookup: 1

In Unit: 1

Sink: 1

Washer Hookup: 1

Permission Granted to Advertise: Yes

One: 1

Cash: 1

Conventional: 1

Other: 1

Additional Parking: 1

Garage: 1

Garage Door Opener: 1

Parking Lot: 1

Underground: 1

Total Number Of Pets: 2

Breed Restrictions: 1

Number Limit: 1

Size Limit: 1

Weight Limit: 35

Yes: 1

Close Of Escrow: 1

Gated with Guard: 1

Secured Lobby: 1

Security Gate: 1

Public Sewer: 1

Standard: 1

Cable Available: 1

Electricity Connected: 1

Sewer Connected: 1

Water Connected: 1

River: 1

Public: 1

Navigable Water: 1

River Front: 1

1 Year: 1

Bedroom 2: 1

Bedroom 2 Level: Main

Bedroom 3: 1

Bedroom 3 Level: Main

Dining Room: 1

Dining Room Level: Main

Great Room: 1

Great Room Level: Main

Kitchen: 1

Kitchen Level: Main

Primary Bedroom: 1

Primary Bedroom Level: Main

Other Room: 1

Other Room Level: Main

Gated: 1

Sidewalks: 1

Street Lights: 1

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

Major Change Timestamp: 2026-01-05T16:09:47Z

Major Change Type: Price Reduced

Price Change Timestamp: 2026-01-05T16:09:47Z

Status Change Timestamp: 2025-08-26