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.
For sale
Price cut: $40K (7/31)
$559,900
735 Pilot Ln #506, Merritt Island, FL 32952
2beds
1,334sqft
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
- 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
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $559,900-6.7%$420/sqft |
Source: Space Coast AOR #1083777 Report a problem | ||
| 7/31/2026 | Listed for sale | $599,900+9.1%$450/sqft |
Source: | ||
| 10/4/2024 | Sold | $550,000$412/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32952
Nearby schools
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.



