490 Sail Ln, Unit 203

Merritt Island, FL 32953

$359,000
Price
3
Beds
2,122 Sq. Ft.
$169 / Sq. Ft.
2,122
Sq. Ft.
$169
per Sq. Ft.
Active Under Contract
Active Under Contract

Description

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...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.
  1. Listed by Barbara C Wall • BHHS Florida Realty - Brevard • 321-768-7600

Property Details for 490 Sail Lane, Unit 203

Subdivision Name
Other
Architectural Style
MultiLevel, MultiFamily
Waterfront
Yes
Waterfront Features
RiverFront, Seawall
View
Intercoastal, River
Furnished
Unfurnished
Pets Allowed
Yes, BreedRestrictions, NumberLimit, SizeLimit
LISTING UPDATED: 02/23/2026 02:05 PM

Property Details for 490 Sail Lane, Unit 203

StatusActive Under Contract
MLS #294756
Days on Market20
Taxes$3,313 / year
HOA Fees$1,215 / month
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Attached
Year Built2005
Lot Size-
CountyBrevard County

Location

Listing Courtesy of BHHS Florida Realty - Brevard, Barbara C Wall
Add your commute

Building Information for 490 Sail Lane, Unit 203

Stories8Year Built2005Building Size-Lot Size-

Payment Calculator

$3,241 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,750

Property Taxes

$276

HOA Dues

$1,215

The Payment Calculator is for illustrative purposes only.

Property Information for 490 Sail Lane, Unit 203

Summary
Location and General Information
  • Community Features: BasketballCourt, Fitness, Library, Other, Pickleball, PropertyManagerOnSite, Sauna, TennisCourts, Pool
  • Direction Faces: South
  • 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.
  • Postal City: Merritt Island
  • Zoning: ,
  • Zoning Description: Residential
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Garage
Taxes and HOA Information
  • Association Amenities: DuesPaidMonthly
  • Association Fee: $1,214.75
  • Association Fee Includes: CommonAreas, CableTv, Insurance, Internet, MaintenanceStructure, RecreationFacilities, Sewer, Security, Trash, Water
  • Association Name: Island Pointe Condo
  • Tax Annual Amount: $3,313.00
  • Tax Assessed Value: 253380
  • Tax Legal Description: UNIT 203 ISLAND POINTE CONDO PH 1B AS DESC IN ORB 5438 PG 1365 AND ALL AMENDMENTS THERETO
  • Tax Lot: 1
  • Tax Year: 2025
Property
Lot Information
  • Lot Features: Item14Acre
  • Lot Size Dimensions: .04
  • Lot Size Range: Less Than 1/4 Acre
  • Lot Size Units: Acres
  • Living Area: 2,122.00
  • Living Area Range Source: Assessor
  • Parcel Number: 2458415
  • Living Area Source: Assessor
Property and Assessments
  • Construction Materials: Block, Concrete
  • Development Name: OTHER
  • Human Modified: No
  • New Construction: No
  • Property Attached: Yes
  • Property Sub Type: Attached
  • Security Features: GatedWithGuard
  • Spa Features: Community, HotTub
  • Spa: Yes
  • Stories: 8
  • Stories Total: 8
  • Year Built: 2005
  • Property Type: Residential
Utilities
  • Cooling: CentralAir
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Boat Dock Slip Description: Common Dock
  • Exterior Features: Balcony, TennisCourts
  • Pool Features: Community, Pool
  • Roof: Other
  • Structure Type: MultiFamily
  • View: Yes
  • Window Features: WindowTreatments
Interior Features
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Door Features: SlidingDoors
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet, Tile, Vinyl
  • Interior Features: BuiltInFeatures, KitchenIsland, Pantry, SplitBedrooms, WalkInClosets
  • Laundry Features: WasherHookup, DryerHookup, LaundryRoom, InUnit
  • Levels: ThreeOrMore
  • Rooms Total: 7
Room Information
Room 1
  • Room Type 1: Laundry
  • Room Dimensions 1: 6x9
Room 2
  • Room Type 2: LivingRoom
  • Room Dimensions 2: 27x17
Room 3
  • Room Type 3: DiningRoom
  • Room Dimensions 3: 11x14
Room 4
  • Room Type 4: Kitchen
  • Room Dimensions 4: 18x15
Room 5
  • Room Type 5: Bedroom
  • Room Dimensions 5: 16x11
Room 6
  • Room Type 6: Bedroom
  • Room Dimensions 6: 16x11
Room 7
  • Room Type 7: Bedroom
  • Room Dimensions 7: 17x13
MultiFamily
Multi-Family Information
  • Unit Location: 3
Rental Information
Rent Information
  • Restrictions: OkToLease, PetRestrictions

Property History for 490 Sail Lane, Unit 203

DateEvent & SourcePriceAppreciation
Feb 23, 2026

Pending

SCMLS #1066325

—
Feb 23, 2026

In Contract

RAIRCMLS #294756

—
Feb 10, 2026

Price Change

SCMLS #1066325

$359,000—
Feb 10, 2026

Price Change

RAIRCMLS #294756

$359,000—
Feb 3, 2026

Listed (Active)

RAIRCMLS #294756

$375,000—
Jan 12, 2026

Listed (Active)

SCMLS #1066325

$375,000—
Jan 11, 2026

Withdrawn

SCMLS #1053964

$399,900—
Nov 6, 2025

Price Change

SCMLS #1053964

$399,900—
Oct 3, 2025

Price Change

SCMLS #1053964

$429,900—
Oct 3, 2025

Listed (Active)

SCMLS #1053964

—
Aug 14, 2025

Pending

SCMLS #1053964

—
Aug 7, 2025

Listed (Active)

SCMLS #1053964

$370,000—
May 14, 2025

Expired

SCMLS #1029835

—
Mar 12, 2025

Price Change

SCMLS #1029835

$399,900—
Nov 15, 2024

Listed (Active)

SCMLS #1029835

$429,900—
Jul 14, 2011

Expired

SCMLS #490088

—
Jul 14, 2011

Expired

SCMLS #490088

—
Nov 4, 2010

Sold

SCMLS #572086

$180,000—
Sep 8, 2010

Sold (Public Record)

Public Record #299245235

$180,000

-18.3% / yr

Aug 24, 2010

Pending

SCMLS #572086

—
Jun 16, 2010

Listed (Active)

SCMLS #572086

$190,000—
Nov 5, 2007

Listed (Active)

SCMLS #490088

$379,000—
Nov 5, 2007

Listed (Active)

SCMLS #490088

$379,000—
Oct 3, 2007

Expired

SCMLS #466211

—
Oct 3, 2007

Expired

SCMLS #466211

—
Apr 9, 2007

Listed (Active)

SCMLS #466211

$425,000—
Apr 9, 2007

Listed (Active)

SCMLS #466211

$425,000—
Jun 8, 2006

Expired

SCMLS #400736

—
Dec 7, 2005

Listed (Active)

SCMLS #400736

$535,000—
Jun 1, 2005

Sold (Public Record)

Public Record #160553446

$520,900—
DateEvent & SourcePrice
02/23/2026

Pending

SCMLS #1066325

—
02/23/2026

In Contract

RAIRCMLS #294756

—
02/10/2026

Price Change

SCMLS #1066325

$359,000
02/10/2026

Price Change

RAIRCMLS #294756

$359,000
02/03/2026

Listed (Active)

RAIRCMLS #294756

$375,000
01/12/2026

Listed (Active)

SCMLS #1066325

$375,000
01/11/2026

Withdrawn

SCMLS #1053964

$399,900
11/06/2025

Price Change

SCMLS #1053964

$399,900
10/03/2025

Price Change

SCMLS #1053964

$429,900
10/03/2025

Listed (Active)

SCMLS #1053964

—
08/14/2025

Pending

SCMLS #1053964

—
08/07/2025

Listed (Active)

SCMLS #1053964

$370,000
05/14/2025

Expired

SCMLS #1029835

—
03/12/2025

Price Change

SCMLS #1029835

$399,900
11/15/2024

Listed (Active)

SCMLS #1029835

$429,900
07/14/2011

Expired

SCMLS #490088

—
07/14/2011

Expired

SCMLS #490088

—
11/04/2010

Sold

SCMLS #572086

$180,000
09/08/2010

Sold (Public Record)

Public Record #299245235

$180,000

-18.3% / yr

08/24/2010

Pending

SCMLS #572086

—
06/16/2010

Listed (Active)

SCMLS #572086

$190,000
11/05/2007

Listed (Active)

SCMLS #490088

$379,000
11/05/2007

Listed (Active)

SCMLS #490088

$379,000
10/03/2007

Expired

SCMLS #466211

—
10/03/2007

Expired

SCMLS #466211

—
04/09/2007

Listed (Active)

SCMLS #466211

$425,000
04/09/2007

Listed (Active)

SCMLS #466211

$425,000
06/08/2006

Expired

SCMLS #400736

—
12/07/2005

Listed (Active)

SCMLS #400736

$535,000
06/01/2005

Sold (Public Record)

Public Record #160553446

$520,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 490 Sail Lane, Unit 203

Taxable ValueLand-Additions-Total-
Tax Record2025$2,589 ($216 / month)
Home Facts
Beds0Total Finished SqFt2,122 SqFtAbove Grade Finished SqFt2,122 SqFtLot Size1,742 SqFtStyleCondominiumYear Built2005Year Renovated2025CountyBREVARDAPN24-36-35-34-00000.0-0001.08

Schools near 490 Sail Lane, Unit 203

This home is within Brevard Public Schools.
Rating
School
Type
Grades
Distance
Mila Elementary School
Public - PK to 6
Thomas Jefferson Middle School
Public - 7 to 8
Merritt Island High School
Public - 9 to 12
Edgewood Jr/Sr High School
Public - 7 to 12
Rating
School
Distance
Mila Elementary School
PublicPK to 6

Thomas Jefferson Middle School
Public7 to 8

Merritt Island High School
Public9 to 12

Edgewood Jr/Sr High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BHHS Florida Realty - Brevard, Barbara C Wall

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 02/23/2026 02:05 PM