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For sale
  • Price cut: $40K (7/31)
    $559,900

    735 Pilot Ln #506, Merritt Island, FL 32952

    2beds
    1,334sqft
    : 
    $4,607/mo
    Get pre-qualified
    Condotel
    Built in 2024
    -- sqft lot
    $544,200 Zestimate®
    $420/sqft
    $818/mo HOA

    What's special

    Spectacular swimming poolWaterfront diningWorld-renowned boating and fishing
    Penthouse-Inspired Living in Merritt Island Discover an exceptional opportunity to own a beautifully appointed 5th-floor, 2-bedroom, 2-bath luxury condominium in one of Merritt Island's most desirable resort-style communities. Blending elegant design with world-class amenities and an unmatched location, this residence offers an elevated coastal lifestyle where convenience, recreation, and sophistication come together. Ideally positioned directly across from the new Health First Hospital (being built) and moments from a vibrant upcoming open-air shopping, dining, and entertainment destination, this community places everything you need within easy reach. Enjoy the magic of Walt Disney World-approximately one hour away--while remaining just minutes from the Space Coast's beautiful beaches, waterfront dining, and world-renowned boating and fishing. For aviation enthusiasts, this location is second to none. Adjacent to Merritt Island Airport Penthouse-Inspired Living in Merritt Island Discover an exceptional opportunity to own a beautifully appointed 5th-floor, 2-bedroom, 2-bath luxury condominium in one of Merritt Island's most desirable resort-style communities. Blending elegant design with world-class amenities and an unmatched location, this residence offers an elevated coastal lifestyle where convenience, recreation, and sophistication come together. Ideally positioned directly across from the New Health First (being constructed) Merritt Island Hospital and moments from a vibrant upcoming open-air shopping, dining, and entertainment destination, this community places everything you need within easy reach. Enjoy the magic of Walt Disney World-- approximately one hour away--while remaining just minutes from the Space Coast's beautiful beaches, waterfront dining, and world-renowned boating and fishing. For aviation enthusiasts, this location is second to none. Adjacent to Merritt Island Airport, the community offers a rare opportunity to live in an aviator's paradise with unparalleled proximity to general aviation. Residents are welcomed by an impressive collection of resort-caliber amenities, including a spectacular swimming pool, spa, sauna, and state-of-the-art fitness center designed to support an active and luxurious lifestyle. Nature lovers will appreciate more than 22 acres of protected preserve with ADA-accessible walking trails, providing a peaceful setting for daily walks and outdoor recreation. A planned private marina will further enhance the community's waterfront appeal, creating exceptional opportunities for boating enthusiasts. Designed with accessibility in mind, the building is fully ADA compliant and includes modern conveniences such as electric vehicle charging stations, offering both comfort and forward-thinking sustainability. Whether you're seeking a primary residence, seasonal escape, or exceptional investment opportunity, this distinguished condominium delivers the perfect balance of luxury, location, and lifestyle in the heart of Florida's Space Coast. Experience refined resort living where every day feels like a vacation.
    51 days
    115
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda Mansueto 321-522-6228,

    LPT Realty LLC,

    Karli Rae Tucker 815-701-8117,

    LPT Realty LLC

    Source: Space Coast AOR,MLS#: 1083777

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Ice Maker, Microwave, Refrigerator, Washer, Water Softener Owned
      • Laundry: In Unit
      Features
      • Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Elevator, His and Hers Closets, Pantry, Walk-In Closet(s)
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,334 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Electric Vehicle Charging Station(s), Gated, Guest, Underground
      • Garage spaces: 1
      Accessibility
      • Accessibility features: Accessible Approach with Ramp, Accessible Central Living Area, Accessible Common Area, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Stairway, Accessible Washer/Dryer, Adaptable Bathroom Walls, Adaptable For Elevator, Common Area, Grip-Accessible Features
      Features
      • Levels: Three Or More
      • Stories: 8
      • Exterior features: Balcony, Courtyard, Fire Pit
      • Has spa: Yes
      • Spa features: Community
      • Has view: Yes
      • View description: Pool, River, Trees/Woods, Protected Preserve
      • Has water view: Yes
      • Water view: River
      • Waterfront features: River Access, River Front
      • Body of water: Banana River
      Lot
      • Size: 5,227 Square Feet
      • Features: Airport Community, Many Trees, Wooded
      Details
      • Additional structures: Airplane Hangar
      • Additional parcels included: 3034405
      • Parcel number: 2536010000258.G0000.00
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condotel
      Materials
      • Concrete, Stucco
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

      Community & HOA

      Community
      • Security: Security Gate, Security System Owned, Smoke Detector(s), Secured Lobby
      • Subdivision: River Fly-In
      HOA
      • Has HOA: Yes
      • Amenities included: Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Jogging Path, Management - Full Time, Pool, Sauna, Service Elevator(s), Spa/Hot Tub, Trash, Management - On Site
      • Services included: Maintenance Grounds, Security, Sewer, Trash, Water
      • HOA fee: $818 monthly
      • HOA name: River Fly Inn Condominuimum Association
      Location
      • Region: Merritt Island

      Financial & listing details

      • Price per square foot: $420/sqft
      • Tax assessed value: $432,680
      • Annual tax amount: $5,520
      • Date on market: 7/31/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Concrete

        Estimated market value

        $544,200

        $517,000 - $571,000

        $3,227/mo

        Price history

        DateEventPrice
        7/31/2026Price change$559,900-6.7%$420/sqft
        Source: Space Coast AOR #1083777 Report a problem
        7/31/2026Listed for sale$599,900+9.1%$450/sqft
        Source: Stellar MLS #O6429670 Report a problem
        10/4/2024Sold$550,000$412/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,520 +1291.6%$432,680 +2784.5%
        2024$397 $15,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32952

        Getting around

        25 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Tropical
        • Middle: Jefferson
        • High: Merritt Island

        Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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