About This Home

This 4-bedroom, 3-bathroom condo at 202 Ivory Coral Lane #501 in Merritt Island, FL is listed for $998,000 ($526 per sqft). Built in 2020, the home offers 1,896 sqft of living space on a 0.01 acres lot.

Key Features

  • Built in 2020
  • 0.01 acre lot
  • Waterfront

Property Details

1 story
3 full
1-car garage
#501
2020

Amenities

WaterfrontViewA/C
Listing Description

Two units! You can rent out one and live in the other. The pictures speak for themselves on this one, but let me tell you more! Your very own piece of waterfront paradise awaits for you on the Space Coast at Cape Crossing Resort. This stunning 4 bedroom 3 bath condo is full furnished and boasts luxurious finishes making it perfect for residing in full-time, part-time or for an income producing vacation rental.

Sit peacefully on your oversized private balcony with views of wildlife, the marina and rocket launches. This unit FEATURES the 4th bedroom in a private suite (lockout) with private balcony, kitchenette and entrance, perfect for guest or additional income. Cape Crossing has amenities galore! The generously sized pool is heated year round, with a large deck, plenty of seating, stocked gym and sauna.

Monthly Cost Estimate

$6,508/mo

20% down · 6.5% · 30 years

Principal$722
Interest$4,325
Insurance$291
HOA$1,170

Estimates only. Actual payments may vary.

Location

202 Ivory Coral Lane #501

Merritt Island, FL 32953

Cape Crossing

Features & Amenities

Interior Features

Breakfast BarCeiling Fan(s)ElevatorOpen FloorplanPrimary Bathroom - Shower No TubSplit BedroomsWalk-In Closet(s)

Exterior Features

BalconyBoat Ramp - Private

Property Details

Flooring

Tile

Construction

Block Concrete Stucco

Views

WaterRiver

Parking

GarageUnderground/BasementParking LotOpen

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

DishwasherDryerElectric RangeElectric Water HeaterMicrowaveRefrigeratorWasher

Questions & Answers

This 4-bedroom, 3-bathroom condo at 202 Ivory Coral Lane is listed at $998,000 ($526/sqft). The estimated monthly payment is $6,507 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1170/month.

Key features include: Built in 2020, 0.01 acre lot, Waterfront. Interior Features: Breakfast Bar, Ceiling Fan(s), Elevator. Exterior Features: Balcony, Boat Ramp - Private.

This property is listed by Nichole Demeter.

ND

Nichole Demeter

Agent at Real Broker LLC

Listed by Real Broker LLC · Broker phone: (321) 848-8379 · View on Broker Site

MLS# 1066542· Source: Space Coast Association of Realtors· 290 days on PropertySimple

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.

202 Ivory Coral Lane #501, Merritt Island, FL 32953

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