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$741,000

500 Sail Ln Unit 404 Merritt Island, FL 32953

$8,799
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3 beds
2 full
2,227 sqft
0.03 acres
$333 / sqft
Condo

Property details

About 500 Sail Ln Unit 404

Welcome to Suite 404 at Island Pointe! A stunning riverfront condo at the tip of a peninsula with unmatched north & west-facing views. Watch rocket launches to the north and breathtaking sunsets to the west. From your balcony, enjoy daily sightings of dolphins, manatees, and birds. This guard-gated community has a secured lobby entrance. Inside, a grand hallway leads to a spacious living & dining area with panoramic river views and 5 sets of sliders to the balconies. The kitchen features dual tray ceilings, granite countertops, a large breakfast bar, a moveable island, & Whirlpool appliances. The master suite has balcony access, his-&-hers closets, & a spa-like bath with a jetted tub & walk-in shower. Additional highlights include electric hurricane shutters, in-unit laundry, private garage parking, 2 pools, 2 spas, 2 sports courts, & more. Still owned by its original owner, Suite 404 is now ready for you to experience luxury living at its finest. Don't miss this rare opportunity!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size2,227 sqft
Lot size0.03 Acres
Year built2005
ParkingGarage,Garage Door Opener,Secured
MLS #1041595
Garage1 space
WaterfrontRiver Front
ViewBridge(s), River, Water

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Summary

  • MLS Number: 1041595
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Lokation Real Estate
  • Office Phone: (954) 545-5583
  • Office Email: broker@lokationre.com
  • Listing Agent: Robert Klingensmith

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2025, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Street view

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view of water feature

$741,000

500 Sail Ln Unit 404

$8,799

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

MILA Elementary School

Public District PK-6

0.4 mi

•

288 W Merritt Ave

8

Tropical Elementary School

Public District KG-6

1.4 mi

•

885 S Courtenay Pkwy

8

Lewis Carroll Elementary School

Public District KG-6

2.5 mi

•

1 Skyline Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,959. Most Merritt Island, FL residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

43%
<35k
40%
35k-100k
17%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
9%
Single, with Kids
23%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
15%
18-34 yrs old
43%
35-64 yrs old
30%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • ChipotleChipotle
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • OldsmobileOldsmobile
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

  • NewsNews
  • RockRock
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 500 Sail Ln Unit 404

This home is located at 500 Sail Ln Unit 404 in Merritt Island, FL and zip code 32953 in the Island Pointe neighborhood. This 2,227 square foot home, which was built in 2005, sits on a 0.03 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 29, 2025 and is currently priced at $741,000.

In March 2025, from all listings sold in Merritt Island, FL there were more than 4 sold above asking price, over 51 sold below and more than 5 were sold right at the asked price. Between February and March 2025, Merritt Island, FL real estate market has seen increase in the number of listings by 17.2%. The median list price of listings available in March 2025 was $465,000, while the average time on the real estate market was 57 days.

From Rocket Homes Real Estate and based on county public records data.

More resources

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Housing market reports in Brevard County

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