Updated 10 Hours Ago
Location
500 Sail Ln #604, Merritt Island, FL 32953, USA
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Amenities for 500 Sail Ln #604
Features
| Ceiling Fan | Central Air |
| Furnished | Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Fitness Center |
Grounds
| Swimming Pool |
Other
| View Type: River |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 500 Sail Ln #604
Property Status: Active Perched above the Indian River, this exceptional fully furnished penthouse delivers a front-row seat to the beauty of Florida's Space Coast. Panoramic water views, playful dolphins, and spectacular rocket launches create an ever-changing backdrop from nearly every room. The inviting layout features two generously sized bedrooms, a private office, and expansive gathering spaces designed for effortless entertaining. The well-appointed culinary kitchen boasts premium finishes and a climate-controlled wine cellar, creating the perfect setting for intimate evenings or hosting guests. Floor-to-ceiling vistas showcase the ever-changing waterfront scenery, from brilliant morning light to colorful evening skies. Thoughtfully appointed with upscale furnishings and essential household amenities, this fully furnished residence is ready to enjoy from day one. Enjoy the community pool, fitness room, sports courts and more! Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 500 Sail Lane, Merritt Island, FL 32953, USA compares to other nearby properties.
Positives
- Extra Storage
- In-unit features
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
- Walk-in closet
- Rentals here may include more closet space than average
Address details
| Zip code | 32953 |
|---|---|
| Type | Condo for rent |
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Rent trends in Merritt Island
3-bedroom apartments at 500 Sail Ln #604 cost about 45% more than the average rent price for 3-bedroom apartments in Merritt Island.
Median rents as of Oct 10 2026.
Merritt Island
| Month | Median Rent |
|---|---|
| October 2024 | $2,513 |
| November 2024 | $2,550 |
| December 2024 | $2,400 |
| January 2025 | $2,500 |
| February 2025 | $2,600 |
| March 2025 | $2,745 |
| April 2025 | $2,858 |
| May 2025 | $2,797 |
| June 2025 | $2,799 |
| July 2025 | $2,756 |
| August 2025 | $2,437 |
| September 2025 | $2,614 |
| October 2025 | $2,586 |
| November 2025 | $2,645 |
| December 2025 | $2,595 |
| January 2026 | $2,547 |
| February 2026 | $2,594 |
| March 2026 | $2,542 |
| April 2026 | $2,550 |
| May 2026 | $2,735 |
| June 2026 | $2,741 |
| July 2026 | $2,713 |
| August 2026 | $2,660 |
| September 2026 | $2,637 |
| October 2026 | $2,744 |
Affordability calculator
Can I afford to live at 500 Sail Ln #604?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$158,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $158,000 annually to afford this 3-bedrooms monthly rent price of $3,950.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $3,295 | 3 bed | 2 bath | ||
| 2 years ago | $3,000 | 3 bed | 2 bath | ||
| 3 years ago | $3,250 | 3 bed | 2 bath | ||
| 6 years ago | $2,200 | 3 bed | 2 bath | ||
| 8 years ago | $2,100 | 3 bed | 2 bath | ||
| 9 years ago | $1,950 | 3 bed | 2 bath | ||
| 9 years ago | $2,050 | 3 bed | 2 bath | ||
| 10 years ago | $2,500 | 3 bed | 2 bath | ||
| 10 years ago | $1,900 | Studio | 0 bath |
Schools near 500 Sail Ln #604
Mila Elementary School
288 w merritt ave
merritt island, FL, 32953
PK, K-6Public
B-
Merritt Island High School
100 mustang way
merritt island, FL, 32953
PK, 9-12Public
B+
Brevard Virtual School
1225 clearlake rd
cocoa, FL, 32922
K-12Public
A-
Robert L. Stevenson Elementary School
1450 martin blvd
merritt island, FL, 32952
K-6Public
A-
Freedom 7 Elementary School of International Studies
400 s 4th st
cocoa beach, FL, 32931
K-6Public
A-
Getting around Merritt Island near 500 Sail Ln #604
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 500 Sail Ln #604, Merritt Island
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
4/10
Some bars within walking distance
Other units at this address
500 Sail Lane, Merritt Island, FL
500 Sail Lane Merritt Island, FL
Occupied
303
Studio
– Baths
$1,900
Occupied
402
3 Beds
2 Baths
$1,650
Carpet • Dishwasher • Balcony • In-Unit Laundry
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