500 Sail Ln, Unit 203

Merritt Island, FL 32953

$335,500
Last Sold Price
3
Beds
2,048 Sq. Ft.
$164 / Sq. Ft.
2,048
Sq. Ft.
$164
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 2/2/26
Closed 2/2/26
a view of water heater room with projector and screen
a view of an ocean with city view
a view of lake
a view of a city from a balcony
a view of a lake with houses
a view of an empty room with a window
a view of a hallway and a livingroom with furniture
a living room with furniture and a flat screen tv
a living room with furniture ceiling fan and a window
a living room with furniture and a chandelier
a living room with furniture and a flat screen tv
a view of a dining room with furniture
a dining room with furniture a chandelier and window
a kitchen with stainless steel appliances a refrigerator a sink dishwasher with a dining table and chairs
Breakfast Bar
a kitchen with granite countertop cabinets and sink
a dining room with furniture and wooden floor
a bedroom with a bed and a chandelier
a spacious bathroom with a double vanity sink mirror and chandelier
a very nice looking room with a couch
a view of a room with racks on the wall
a bedroom with a bed and a chandelier
a bedroom with a bed a lamp and a large window
a bathroom with a toilet a sink tub and mirror
a utility room with dryer and washer
a view of a balcony
a living room with furniture and a potted plant
a view of a balcony with chairs
Direct Water Views
a view of a lake
a view of a balcony
a building with trees in front of it
a living room with furniture and a potted plant
a living room with furniture and a flat screen tv
a view of a dining room with furniture and wooden floor
a kitchen with a refrigerator sink and white cabinets
a view of a room with gym equipment
a bed room with a bed and a window
a view of swimming pool with outdoor seating
2nd pool!
a view of backyard with sitting area
a view of a swimming pool with a patio
an aerial view of a house with outdoor space and lake view
Aerial 2
a picture of a lake view
aerial view of a house with a lake view
an aerial view of residential houses with outdoor space
an aerial view of a house with a ocean view
a view of a lake with a building and outdoor seating

Description

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...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!

Property Details for 500 Sail Lane, Unit 203

Directions
520 - north on Tropical Trail - left into Island Pointe - thru guard shack - go to the farthest east building which is 500 Sail Ln
Zoning
RESIDENTIA
Waterfront
Navigable Water, River Front
Subdivision/Condo Name
Island Pointe Condo Ph 1C
Furnished
Furnished
LISTING UPDATED: 02/02/2026 01:50 PM

Property Details for 500 Sail Lane, Unit 203

StatusClosed
MLS #1055524
Days on Market136
Taxes$4,025 / year
HOA Fees$1,235 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2005
CountyBrevard County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Daignault Realty Inc, Michelle Daignault-Ives; Daignault Realty Inc, Kennedi Anne Johnson

Sold By Daignault Realty Inc, Michelle Daignault-Ives; Daignault Realty Inc, Kennedi Anne Johnson

Add your commute

Building Information for 500 Sail Lane, Unit 203

Building/Complex500 Sail LnFloor2Stories-Residences-Pet Policy-Pet Policy Details-Year Built2005

Payment Calculator

Get preapproved with Rocket Mortgage1

$3,206 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,635

Property Taxes

$335

HOA Dues

$1,235

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 500 Sail Lane, Unit 203

Summary
Location and General Information
  • Unit #: 203
  • City: Merritt Island
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.358741
  • Geo Lon: -80.709378
  • Absolute Longitude: 80.709378
  • Schools: Elementary School: Mila
  • Schools: Middle School: Jefferson
  • Schools: High School: Merritt Island
  • General County Loc: Central
  • County Sub/Condo Name: Island Pointe Condo Ph 1C
Taxes and HOA Information
  • Community Fees: 1235.00
  • HOA Info: HOA Amt: $1,235.00
  • HOA Info: HOA Frequency: Monthly
  • Assoc/HOA Contact: 321-806-4908
  • Association Fee Incl: Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control, Security, Trash, Water
  • Home Owners Assoc: Island Pointe Condominium by Campbell Prop Mgmt
  • Taxes: $4,024.86
  • Tax Year: 2023
  • Tax Acct: 2459158
  • Tax ID: 24-36-35-34-00000.0-0001.41
Parking
  • Parking: Total Garage Spaces: 1
  • Parking: Additional Parking, Garage, Garage Door Opener, Parking Lot, Underground
  • Garage: 1.0
Owner
  • Financing-Owner Will Consider: Cash
Property
Lot Information
  • SqFt - Living: 2048.0
  • SqFt - Total: 2577.0
  • Lot SqFt: 1307.0
  • Year Built: 2005
  • Picture Count: 52
  • Document Count: 12
  • Lot Description: Other
  • Acreage: 0.03
  • Furnishings: Furnished
  • Current Adjacent Use: Residential
Property and Assessments
  • Construction: Stucco
  • Docs on File: 12
  • Property Type: A
  • Restrictions: 1 Year
  • Legal/Misc: 55+ Community: No
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: A
  • Sub Type: Condominium
  • To Be Constructed: No
  • Security: Gated with Guard,Secured Lobby,Security Gate
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Roof: Built-Up, Membrane
  • Total Floors in Bldg: 7
  • Exterior Features: Balcony, Storm Shutters
  • Pool: Community
  • Common Amenities: Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Gated, Jogging Path, Maintenance Grounds, Management - On Site, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trash
  • Flooring: Carpet,Tile
Interior Features
  • Cooling: Central Air
  • Heat: Electric
  • Interior Features: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Equipment/Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Baths - Total: 2.0
  • Baths - Full: 2
  • Baths - Half: 0
Multi Family
Multi-Family Information
  • Selling Terms Code: Cash, Conventional
Agent
Agent Information
  • Closing Co. Name: International Title Donna Harris
  • Closing Co. Address: 226 N Atlantic Ave, Cocoa Beach, FL 32931
Sale and Listing
  • Cumulative DOM: 136
  • Days On Market: 136
  • Possession: Close Of Escrow
Showing and Remarks
  • Appointment Phone: Showing service
Rental
Rent Information
  • Pet Restrictions: Total # of Pets: 2
  • Pet Restrictions: 2 pets allowed, no dangaearous breeds. pets no more than 35 pounds each.

Property History for 500 Sail Lane, Unit 203

DateEvent & SourcePriceAppreciation
Feb 2, 2026

Sold

MFRMLS #O6339744

$335,500—
Feb 2, 2026

Sold

SCMLS #1055524

$335,500—
Jan 30, 2026

Sold (Public Record)

Public Record #1928061350

$335,500

+7.4% / yr

Jan 12, 2026

In Contract

SCMLS #1055524

$395,000—
Jan 9, 2026

Pending

MFRMLS #O6339744

—
Jan 9, 2026

Pending

SCMLS #1055524

—
Jan 5, 2026

Price Change

MFRMLS #O6339744

$395,000—
Jan 5, 2026

Price Change

SCMLS #1055524

$395,000—
Oct 29, 2025

Price Change

MFRMLS #O6339744

$459,900—
Oct 29, 2025

Price Change

SCMLS #1055524

$459,900—
Aug 29, 2025

Listed (Active)

MFRMLS #O6339744

$495,000—
Aug 26, 2025

Price Change

SCMLS #1055524

$495,000—
Aug 26, 2025

Listed (Active)

SCMLS #1055524

$395,000—
Sep 15, 2016

Sold (Public Record)

Public Record #579432241

$171,600

-9.5% / yr

Feb 14, 2006

Sold (Public Record)

Public Record #191562589

$495,900—
Feb 14, 2006

Sold

SCMLS #338726

$495,900—
Feb 14, 2006

Sold

SCMLS #338726

$495,900—
Dec 27, 2005

Pending

SCMLS #338726

—
Dec 27, 2005

Pending

SCMLS #338726

—
Aug 18, 2005

Listed (Active)

SCMLS #338726

$495,900—
Aug 18, 2005

Listed (Active)

SCMLS #338726

$495,900—
DateEvent & SourcePrice
02/02/2026

Sold

MFRMLS #O6339744

$335,500
02/02/2026

Sold

SCMLS #1055524

$335,500
01/30/2026

Sold (Public Record)

Public Record #1928061350

$335,500

+7.4% / yr

01/12/2026

In Contract

SCMLS #1055524

$395,000
01/09/2026

Pending

MFRMLS #O6339744

—
01/09/2026

Pending

SCMLS #1055524

—
01/05/2026

Price Change

MFRMLS #O6339744

$395,000
01/05/2026

Price Change

SCMLS #1055524

$395,000
10/29/2025

Price Change

MFRMLS #O6339744

$459,900
10/29/2025

Price Change

SCMLS #1055524

$459,900
08/29/2025

Listed (Active)

MFRMLS #O6339744

$495,000
08/26/2025

Price Change

SCMLS #1055524

$495,000
08/26/2025

Listed (Active)

SCMLS #1055524

$395,000
09/15/2016

Sold (Public Record)

Public Record #579432241

$171,600

-9.5% / yr

02/14/2006

Sold (Public Record)

Public Record #191562589

$495,900
02/14/2006

Sold

SCMLS #338726

$495,900
02/14/2006

Sold

SCMLS #338726

$495,900
12/27/2005

Pending

SCMLS #338726

—
12/27/2005

Pending

SCMLS #338726

—
08/18/2005

Listed (Active)

SCMLS #338726

$495,900
08/18/2005

Listed (Active)

SCMLS #338726

$495,900

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

Public Records for 500 Sail Lane, Unit 203

Taxable ValueLand-Additions-Total-
Tax Record2025$3,610 ($301 / month)
Home Facts
Beds0Total Finished SqFt2,048 SqFtAbove Grade Finished SqFt2,048 SqFtLot Size1,307 SqFtStyleCondominiumYear Built2005Year Renovated2025CountyBREVARDAPN24-36-35-34-00000.0-0001.41

Schools near 500 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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

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 Daignault Realty Inc, Michelle Daignault-Ives; Daignault Realty Inc, Kennedi Anne Johnson

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: 02/02/2026 01:50 PM