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490 Sail Lane Unit 702

Merritt Island, FL 32953

3 beds
2 baths
2,230 sqft
~1 acre lot
$300 per sqft
2005 build
– on site

Penthouse Waterfront property located in desirable Island Pointe. This fully-furnished, turn-key unit is ready to welcome you to carefree condo living! The open floorplan draws your eyes to the breathtaking river views. Spacious Primary Suite features sliding glass doors to the balcony, dual closets, jetted tub and separate walk-in shower. Community resort style amenities include a pool & spa, clubhouse, boardwalk, basketball/tennis/pickleball courts & fitness center. Deeded garage under the building for secure parking and storage. Your island paradise awaits!

Listing courtesy of STELLAR_MLS / PASTERMACK REAL ESTATE

Last checked: Checking… • Last updated Apr 12, 2025 •

MLS# O6296229 —

The Building

Year Built:

2005
New Construction:

false
Construction Materials:

Concrete
Building Elevator:

true
Levels:

One
Stories Total:

7
Roof:

Membrane
Foundation Details:

Pillar/Post/Pier
Patio And Porch Features:

Covered
Security Features:

Fire Alarm
Floor Number:

7
Unit Number:

702
Building Area Total:

2230
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Furnished
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

2230
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Head East on FL-520 across the Merritt Island Causeway. Turn left onto N Tropical Trail. Turn left onto Sail Lane.
Latitude:

28.358724
Longitude:

-80.709004
Coordinates:

-80.709004, 28.358724

The Property

Parcel Number:

24 363534*1.32
Property Type:

Residential
Property Subtype:

Condominium
Lot Features:

Sidewalk
Lot Size Acres:

1.44
Lot Size Area:

1.4417
Lot Size SqFt:

62799
Lot Size Units:

Acres
Zoning:

PUD
Direction Faces:

Southeast
View:

Water
View:

true
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

AE
Flood Zone Panel:

12009C0427H
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

1
Tax Block:

NA
Tax Legal Description:

UNIT 702 ISLAND POINTE CONDO PH 1B AS DESC IN ORB 5438 PG 1365 AND ALL AMENDMENTS THERETO
Tax Book Number:

52-34
Tax Annual Amount:

$6,111.56

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/O6296229
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Built-In Oven
Laundry Features:

Electric Dryer Hookup

The Community

Subdivision Name:

ISLAND POINTE CONDO
Senior Community:

false
Community Features:

Intracoastal Waterway
Waterview:

Intracoastal Waterway
Waterview:

true
Water Access:

false
Water Body Name:

INDIAN RIVER
Waterfront:

false
Waterfront Features:

Waterfront
Spa:

true
Spa Features:

Heated
Pool Private:

false
Pool Features:

In Ground
Pets Allowed:

Breed Restrictions
Pet Restrictions:

See HOA Docs
# of Pets:

2
Max Pet Weight:

35
Association Amenities:

Basketball Court
Association:

true
Association Fee:

1235.81
Association Fee Frequency:

Monthly
Association Fee Includes:

24-Hour Guard
Association Fee Requirement:

Required
Monthly HOA Amount:

1235.81
Ownership:

Condominium
Association Approval Required:

true

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

1
Carport:

false
Covered Spaces:

1
Parking Features:

Assigned

Monthly cost estimate

Asking price

$669,900

Expense	Monthly cost
Mortgage	$3,587
Taxes	$509
Insurance	$184
HOA fees	$1,236
Utilities	$124 See report
Total	$5,640/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/3/25 Apr 3, 2025	Listed / Active	STELLAR_MLS	$669,900

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This condo located in Island Pointe, Merritt Island, FL 32953 is currently for sale for $669,900. 490 Sail Lane Unit 702 is a 2,230 square foot condo with 3 beds and 2 baths that has been on Estately for 26 days. 490 Sail Lane Unit 702 is in the Island Pointe neighborhood of Merritt Island and has a WalkScore® of 38, making it car-dependent.

Listing Courtesy of: STELLAR_MLS and PASTERMACK REAL ESTATE.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.