Back 203/500 Sail Lane
Off Market

203/500 Sail Lane

Merritt Island FL 32953

3
2
1
2577 sq. ft.
1307 sq. ft.
Condo
Last sold for $335,500
Michelle Daignault-IvesMichelle Daignault-Ives, last sold this property on 02 February 2026 after 159 days on market.

Overview

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!

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
2577 sq. ft. floor area
1307 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Merritt Island over the last 12 months, the estimated median property value of 203/500 Sail Lane is $352.75k.

Median value
$352.75k
Estimated value range
$170k - $750k
Median days on market
97
Estimated value trend
-15%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Merritt Island. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 203/500 Sail Lane

2026
Sold
$335,500
02 Feb 2026 by Michelle Daignault-Ives, of DAIGNAULT REALTY INC
2006
Sold
$495,900
14 Feb 2006 by Donald Bricker, of Cocoa Beach Marketing

Happy sellers in Merritt Island

81%
81% of sellers in Merritt Island reported that their sale price either exceeded or met their price expectations.

Merritt Island stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Merritt Island over the last 12 months.

Local market activity for 3 bedroom condos in Merritt Island

In the last 12 months, 21 three-bedroom condos similar to 203/500 Sail Lane, have been sold.

This represents a 25% decrease in three-bedroom condos sales when compared to the previous 12 months.

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