202 Ivory Coral Lane 501, Merritt Island, FL 32953

$998,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,896 Lot Size (sq. ft.): 436 Status: Active

Current Price: $998,000 List Date: 1/15/2026 Last Modified: 4/28/2026

Overview

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.

Listing Details MLS# 1066542

General Property Information

Bedrooms Total: 4
Bathrooms Total: 3
Accessory Dwelling Unit Y/N: Yes
Bathrooms Full: 3
Living Area: 1896
Living Area Source: Public Records
Accessibility Features YN: Yes
New Construction YN: No
Year Built: 2020
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Lot Size Acres: 0.01
Lot Size Square Feet: 436
Land Lease YN: No
Association YN: Yes
Association Fee: 1170.38
Association Fee Frequency: Monthly
Association Name: CAPE CROSSING, A CONDOMINUM
Association Fee 2 Frequency: Monthly
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Body Name: Indian River
Furnished: Furnished
Stories: Yes
Stories Total: 6
Entry Level: 6
Direction Faces: South
Senior Community YN: No
Pool Private YN: No
List Price/SqFt: 526.37

Property Features

Accessibility Features: Accessible Common Area Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Association Amenities: Barbecue; Boat Dock; Clubhouse; Community Pool; Elevator(s); Fitness Center; Maintenance Grounds; Maintenance Structure; Management - Full Time; Management - Off Site; Management - On Site; Sauna Association Fee Includes: Cable TV; Insurance; Internet; Pest Control; Trash; Water Construction Materials: Block; Concrete; Stucco Cooling: Central Air; Electric Current Use: Investment Exterior Features: Balcony; Boat Ramp - Private Flooring: Tile Heating: Central; Electric Interior Features: Breakfast Bar; Ceiling Fan(s); Elevator; Open Floorplan; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Levels: One Listing Terms: Cash Lot Features: Dead End Street Parking Features: Attached; Garage; Garage Door Opener; Parking Lot; Underground Pets Allowed: Size Limit; Yes Possession: Close Of Escrow; Subject To Tenant Rights Water Body Access Type: Community Rental Restrictions: No Minimum; Other Road Frontage Type: State Road Road Surface Type: Asphalt Roof: Membrane Security Features: Entry Phone/Intercom; Secured Elevator; Secured Lobby; Smoke Detector(s) Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Appointment Only; No Sign; Showing Service Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected View: Canal; River; Water Water Source: Public Waterfront Features: Canal Front; Navigable Water; River Front Showing Considerations: Occupied

Contract Information

Original List Price: 998000
Listing Contract Date: 2026-01-15
Property Sub Type: Condominium
Property Attached YN: No
Unit Type: End Unit
Comp Sale YN: No

Location Tax and Legal

Street Number: 202
Street Name: Ivory Coral
Street Suffix: Lane
County: Brevard
State: FL
Postal Code: 32953
MLS Area Major: 250 - N Merritt Island
Subdivision Name: Cape Crossing

Remarks and Miscellaneous

Public Remarks: 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.