700 Milford Point Drive Merritt Island, FL $ 2,300,000
700 Milford Point Drive
$ 2,300,000
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700 Milford Point Drive

Merritt Island, FL, 32952
$ 2,300,000
Bedrooms5 Baths4.0 Sq 4,040

Monthly Estimate*

$ 14,161

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Single Family Home for sale in Merritt Island, FL

for $2,300,000 with 5 bedrooms and 4 full baths. This 4,040 square foot home was built in 1985 on a lot size of 0.18.

One-of-a-kind Peninsula Waterfront Estate on Two Premium Lots.Welcome to a rare peninsula-tip estate on coveted Milford Point Drive in Merritt Island.Fully renovated in 2017, this 4,000+ sq. ft. residence combines classic coastal elegance w/modern upgrades.RECENTLY APPRAISED AT 2.4 MILLION! The property boasts direct river access, deep-water dockage,frontage on two waterways, one lot facing the open river and a second on a protected canal. Step inside to an open-concept plan filled w/ natural light:5 Bedrooms,4 Baths,Include 3 Master Suites/In law Suite & Office.Property has amazing AIRBNB Potential! Impact-rated (hurricane-protected)doors & windows w/ plantation shutters frame water views from nearly every room.The entertainer's kitchen opens to the main living area & features Thermador double ovens w/ 6 gas burners,as well as generous prep/storage space.Two premium lots one on the open river,one on the quiet canal,12,500-lb boat lift and dock on Deep Water Pelican Creek Comprehensive 2017 renovation -Three-zone HVAC -Impact windows/doors; plantation shutters throughout -Built-in wall units; garage shelving -Oversized two-car garage, plus storage shed and woodworking shop -Lush tropical landscaping.Outdoors, relax under the palms on the spacious porch and enjoy panoramic vistas, watch rocket launches from Kennedy Space Center, and cruise ships gliding by right from home -Multiple vantage points to watch rocket launches from home. Abundant Wildlife! Fish, Manatees and Dolphins out your back door! This is more than a home; it's a private waterfront retreat for boaters, space-launch enthusiasts, and anyone who values privacy, luxury, and an unparalleled location.

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Single Family Active

Price

$ 2,300,000

Bedrooms

5

Full Bath

4

Property Type

Single Family

Taxes

$ 7,484

Style

Traditional

Lot Size

0.18

Year Built

1985

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1066753

Features
General
Living Area 4040.0
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Double Oven Dryer Gas Oven Microwave Refrigerator Washer Wine Cooler
Garage Spaces 2.0
Patio/Porch Features Deck
Architectural Style Traditional
Construction Materials Block Concrete Stucco
Pets Allowed Cats OK Dogs OK Yes
Year Built 1985
Electric 200+ Amp Service
View River Intracoastal
Stories Count 2
Levels Multi/Split Two
Property Subtype Single Family Residence
Tax Year 2025
Current Use Single Family
Waterfront Features Canal Front Navigable Water River Front Intracoastal
Additional Parcels Description 2441736
County Brevard
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Milford Point Beach Subd
Facing Direction West
Garage Y/N Y
Other Structures Boat House Outdoor Kitchen Shed(s)
Total Rooms 0
Full Baths 4
Status Active
Directions Take the 520 to South Banana River Drive. Home is on the right at the end of the point.
High School Merritt Island
City Merritt Island
Body of Water Banana River
Senior Community Y/N N
Zoning Description Residential
MLS Area 251 - Central Merritt Island
Lot Size Units Acres
Lot Size Square Feet 7841.0
Carport Y/N N
Spa Features Above Ground
Elementary School Audubon
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7484.28
Home Warranty Y/N N
Middle/Junior High School Jefferson
Property Condition Updated/Remodeled
Lease Renewal Y/N N
MLS Area Minor 251 - Central Merritt Island
Lease Considered Y/N N
Standard Status Active
Legal Description MILFORD POINT BEACH SUBD LOTS 55 & 56 EXC RD R/W
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Interior
Interior Amenities His and Hers Closets Kitchen Island Open Floorplan Pantry Primary Bathroom -Tub with Separate Shower Split Bedrooms Walk-In Closet(s)
Flooring Tile Wood
Furnished Y/N Unfurnished
Total Fireplaces 1
Fireplace Features Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Laundry Features Lower Level
Total Bedrooms 5
Entry Level 1
Total Baths 4
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Exterior
Exterior Amenities Balcony Dock Outdoor Kitchen Boat Lift Impact Windows
Parking Features Additional Parking Attached Garage
Lot Features Dead End Street Wooded
Water Source Public
Lot Size Area 0.18
Spa N
Lot Size Acres 0.18
Road Surface Type Asphalt
Waterfront Y/N Y
Road Frontage Type City Street
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 700
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* Excluded Features
List By
J. Edwards Real Estate

Broker

rebeccamaciel7@gmail.com

Email

Affordability Calculator

$14,785
Per Month
96%
4%
0%
Monthly Principal & Interest
$14,161
Monthly Property Taxes
$624
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.
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Nearby
1362947 Elementary School
1362970 Middle School
Merritt Island High School High School
Pricing History
DatePricePrice ChangeDescription
1/16/2026$2,300,000 Listed Price

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700 Milford Point Drive, Merritt Island, FL, 32952 is a Single Family Home for sale at $2,300,000 with 4,040 sqft and a lot size of 0.18. 700 Milford Point Drive has 5 bedrooms, 4.0 baths, and was built in 1985. The property's zip code is 32952 which is in Merritt Island, FL