480 Sail Lane 705, Merritt Island, FL 32953

$534,953

Virtual Tour

https://www.propertypanorama.com/480-Sail-Lane-705-Merritt-Island-FL-32953/unbranded

Sailboats & dolphins in your never-ending panorama

Timeless cherry cabinets & granite countertops

Note the Fisher-Paykel dishwasher drawers

Quality cabinetry, task lighting, stainless appliances

Sunrise to sunset, this is your place to relax & enjoy

Gorgeous wide open Northwest views across the ICW

Imagine waking up to these views every morning

Dual vanity, two walk-in closets & linen closet

En-suite to guest bedroom + guest bathroom

Spacious laundry with utility sink & clothes-hanging space

Commanding sunrise-to-sunset views over the ICW

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,048 Status: Active

Current Price: $534,953 List Date: 1/10/2026 Last Modified: 4/19/2026

Overview

Description

From the moment you step through the door, endless Intracoastal Waterway views unfold before you in this 3-bed 2-bath luxury penthouse on Florida's Space Coast. With over 2,000 sf, the open layout lives large. Updated interior with LVP flooring throughout and fresh designer paint is move-in ready. The kitchen offers 42'' cherry cabinetry, granite countertops, stainless appliances, and Fisher-Paykel dishwasher drawers. Deep covered balcony overlooks the Intracoastal--ideal for morning coffee, dolphin watching, or viewing rocket launches. Ample storage and a private one-car garage add convenience. Community amenities include two pools, fitness center, sauna, and tennis courts. Minutes to beaches, boating, waterfront dining, and shopping--come live the island life!

Supplements: sauna, tennis, and riverfront boardwalk. Mere minutes to beaches, oceanside and riverfront dining, and shopping. Come live the island life!

Listing Details MLS# R11153174

General Property Information

Unit Floor #: 7
Property Sub Type: Condominium
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 2048
Building Area Source: Public Records
Living Area Main: 2048
Living Area Source: Assessor
Accessibility Features YN: No
Year Built: 2004
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Parking Total: Yes
Gated Community YN: Yes
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 7
Stories: 7
Direction Faces: Southeast
Pool Private YN: No
Washer/Dryer Allowed YN: Yes
Lot Size Area: 0

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Cable TV; Common Areas; Common Real Estate Tax; Insurance; Recreation Facility; Security; Trash; Water Dining Area: Breakfast Area; Dining/Living Room Flooring: Ceramic Tile; Vinyl Parking Features: Garage Door Opener; Under Building; Attached Garage; Garage Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: Concrete; Stucco Cooling: Central Air; Electric Association Type: Condominium Heating: Central; Electric Interior Features: Bedroom Layout - Split; Kitchen Island; Pantry; Walk-In Closet(s) Laundry Features: Inside; Laundry Tub Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Number Limit Possession: Negotiable Restrictions: Lease Restrictions; Parking - No RV Other Leasing Restrictions: Short Term Rentals Prohibited; Tenant Approval Roof: Other Security Features: Entry - Phone/Intercom; Gated with Guard; Security System Sewer: Public Sewer Structure Type: Multi Family Tax Information: Homestead Exemption Unit Description: Penthouse Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Intracoastal; River Waterfront Features: Intracoastal; River Front Showing Requirements: Text Listing Agent; See Remarks Outdoor Living Spaces: Balcony; Porch Balcony Details: Balcony - Covered Porch Details: Porch - Open Room Types: Bedroom 2; Bedroom 3; Dining Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom; Other

Contract Information

Comp Sale YN: No
Original List Price: 554953
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Brevard
County Parish Name: Brevard
Street Number: 480
Street Name: Sail
Street Suffix: Lane
Unit Number: 705
City Name: Merritt Island
State Or Province: FL
Postal Code: 32953
Postal Zip: 32953
Subdivision Name: ISLAND POINTE CONDO PH 1A
Development Name: Island Pointe Condo Phase 1A
Area: 6371 - Brevard County (E of IR)
Geographic Area: BRVD - Brevard
Middle Or Junior School: Thomas Jefferson
Special Assessment YN: No
Parcel Number: 2436350000253
Zoning: RES

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 1235.81
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Association Phone: 561-349-5400
Association Email: cpmresales@campbellproperty.com
Association Website: www.campbellpropertymanagement.com
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 1236
Membership Fee Required YN: No
Tax Annual Amount: 5159.02
Tax Year: 2025
Tax Legal Description: ISLAND POINTE CONDO PH 1A UNIT 705 ISLAND POINTE CONDO PHASE IA AS DESC IN ORB 5374 PG 2577 AND ALL AMENDMENTS THERETO

Status Change Information

Major Change Timestamp: 2026-02-23T15:45:37Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-02-23T15:45:37Z
Status Change Date: 2026-01-10

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Parking Information

Parking Space Number: 705

Capital Contributions

Capital Contributions YN: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 3

Pet Details

Maximum Number Of Pets: 2
Pet Fee YN: No
Other Pet Restrictions: Max 2 pets

Leasing Restrictions

Leasing - Max Times Per Year: 4
Leasing - Minimum Number of Days: 90

Storm Protection

Electric/Power Shutters: Partial
Impact Glass: Partial

Showing Details

Pet(s) on Premises: No

Room Types

Bedroom 2 Level: Main
Bedroom 3 Level: Main
Dining Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Other Level: Main
Bedroom 2: Yes
Bedroom 3: Yes
Dining Room: Yes
Great Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes
Other: Yes

Price Calculations

Current Price To SqFt: 261.2

Originating Details

Originating System Key: 20260110023150020397000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Application Information

3-4 Weeks Approval: Yes

Amenities

Basketball Court: Yes
Clubhouse: Yes
Elevator(s): Yes
Fitness Center: Yes
Game Room: Yes
Library: Yes
Management: Yes
Manager On Site: Yes
Pool: Yes
Tennis Court(s): Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Common Real Estate Tax: Yes
Insurance: Yes
Recreation Facility: Yes
Security: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Dining Area

Breakfast Area: Yes
Dining/Living Room: Yes

Flooring

Ceramic Tile: Yes
Vinyl: Yes

Parking Features

Garage Door Opener: Yes
Under Building: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Multi Family: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes
Electric: Yes

Unit Description

Penthouse: Yes

Water View

Intracoastal: Yes
River: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Concrete: Yes
Stucco: Yes

Interior Features

Bedroom Layout - Split: Yes
Kitchen Island: Yes
Pantry: Yes
Walk-In Closet(s): Yes

Laundry Features

Inside: Yes
Laundry Tub: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Other: Yes

Security Features

Entry - Phone/Intercom: Yes
Gated with Guard: Yes
Security System: Yes

Water Source

Public: Yes

Waterfront Features

Intracoastal: Yes
River Front: Yes

Cooling

Central Air: Yes
Electric: Yes

Association Type

Condominium: Yes

Showing Requirements

Text Listing Agent: Yes
See Remarks: Yes

Master Bedroom/Bath

Dual Sinks: Yes
Separate Shower: Yes
Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Number Limit: Yes

Restrictions

Lease Restrictions: Yes
Parking - No RV: Yes

Other Leasing Restrictions

Short Term Rentals Prohibited: Yes
Tenant Approval: Yes

Tax Information

Homestead Exemption: Yes

Outdoor Living Spaces

Balcony: Yes
Porch: Yes

Balcony Details

Balcony - Covered: Yes

Porch Details

Porch - Open: Yes

Room Information

Room Name	Length	Width	Level	Remarks
Living Room	27.00	15.00	Main
Kitchen	14.00	11.00	Main
Master Bedroom	18.00	12.00	Main
Dining Room	8.00	7.00	Main	Breakfast Nook
Bedroom 2	13.00	11.00	Main
Bedroom 3	13.00	10.00	Main
Other	29.00	11.00	Main	Balcony under Roof
Great Room
Laundry

Listing Office: One Sotheby's Int'l Realty

Last Updated: April - 19 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

480 Sail Lane 705, Merritt Island, FL 32953 (MLS# R11153174)