About This Property
Description from listing agentPenthouse-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
Space Coast Context
🚀 Launch Viewing — Great Views
16.4 mi from SLC-40
16.4 miles from SLC-40 — clear launch views from your yard or roof on most days.
Estimates only — verify with Google Maps.
Flood Risk
Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.
Estimated flood insurance: $2,000 – $6,000+ / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Price History
- 7/14/26Listed$560K$420/sqft
Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: River Fly Inn Condominuimum AssociationView HOA Profile →
- Fee: $818 / monthly
Schools
Elementary
Tropical
Middle School
Jefferson
High School
Merritt Island
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $2,950
- Property taxes
- $560
- Insurance & HOA
- $968
Based on a 6.90% rate, 30-year loan, and $560K price — down payment shown: $111,980.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
