11680 Dragon Point Drive
Merritt Island, FL, 32952 $ 4,500,000
Baths0.0 Monthly Estimate*
$ 27,707
Studio for $4,500,000. The lot size is 0.86.
Introducing one of the most culturally significant and visually commanding waterfront offerings in all of Florida, the iconic Dragon Point. This .86-acre, fully buildable peninsula delivers an extraordinary 1,398 linear feet of direct water frontage and sweeping 180-degree views over both the Indian and Banana Rivers. Positioned at the true tip of Merritt Island, the property offers exceptional privacy, uninterrupted horizon lines, vivid sunrises and sunsets, and front-row vantage points for rocket launches from Cape Canaveral, a setting unmatched anywhere on the Space Coast. The history of Dragon Point is deeply woven into local identity and rooted in American Indian folklore. According to legend, witnessing a dragon rise from the mist where the two rivers meet was a sign of great fortune. Inspired by this myth, Florida artist Lewis VanDercar sculpted Annie the Dragon here in 1971 for the property owner, creating a landmark instantly recognized throughout Merritt Island and beyond. The story expanded further in 1981 under a new owner, who commissioned the addition of a tail, extended neck, and a playful cast of characters including caveman Fred, cavewoman Wilma, and four dragon hatchlings named Joy, Sunshine, Charity, and Freedom. Local lore also tells of a secret fifth hatchling, Rojak, kept hidden from view. In a rare and remarkable tribute to that history, the current owner, who is also a licensed contractor, has offered to rebuild Rojak for the future homeowner, giving the next steward the opportunity to revive a beloved piece of Space Coast mythology. With its iconic past, unrivaled setting, and boundless potential for a world-class waterfront estate, Dragon Point stands as a property without equal. Opportunities like this do not come twice. This is your moment to shape the next chapter of a site that has defined the shoreline, inspired generations, and captured imaginations for over half a century, a once-in-a-lifetime offering where history, folklore, and breathtaking natural beauty meet at the water's edge.
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FeaturesGeneralSewer Septic Tank
Utilities Cable Available Electricity Available Water Available Propane
Possession Close Of Escrow
Electric Underground
View Bridge(s) River Water Intracoastal
Property Subtype Unimproved Land
Tax Year 2025
Current Use Residential Single Family Unimproved
Waterfront Features Navigable Water River Front Seawall Intracoastal
County Brevard
Property Type Land
HOA N
Subdivision Name None
Status Active
Directions Head West on Banana River Drive Head south on Dragon Point Drive the property is at the very end.
High School Satellite
City Merritt Island
Body of Water Indian River
Senior Community Y/N N
MLS Area 253 - S Merritt Island
Lot Size Units Acres
Lot Size Square Feet 37462.0
Spa Features In Ground
Elementary School Ocean Breeze
Land Lease Y/N N
Tax Annual Amount 14741.9
Home Warranty Y/N N
Middle/Junior High School DeLaura
Lease Renewal Y/N N
MLS Area Minor 253 - S Merritt Island
Lease Considered Y/N N
Standard Status Active
Legal Description PT MERRITT ISLAND SOUTH OF ORB 122 PG 5 AS DES IN ORB 1158 PG 456 LYING SOUTH OF IRON GATE IN ROADWAY
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ExteriorLot Features Cleared Dead End Street Irregular Lot
Water Source Public
Lot Size Area 0.86
Spa N
Lot Size Acres 0.86
Road Surface Type Concrete Gravel Paved
Waterfront Y/N Y
Road Frontage Type Private Road
Crops Included Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Total Baths 0
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* Excluded FeaturesList ByOne Sotheby's InternationalBroker
stephaniedandridge@smdluxuryre.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $27,707
- Monthly Property Taxes
- $1,228
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Merritt Island, FL
Average List Price $1,010,789
Percent of Sale Price 78%
About Merritt Island, FL 36,416 Population
1% Since 2002
$ 56,337 Median Income
50.25 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1362928 Elementary School
1363017 Middle School
Satellite High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/27/2025 | $4,500,000 | | Listed Price |