700 Milford Point Drive, Merritt Island, FL 32952

$2,259,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 4,040 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $2,259,000 List Date: 1/16/2026 Last Modified: 7/23/2026

Overview

Description

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

Supplements: 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 S ...

Listing Details MLS# 1066753

General Property Information

Bedrooms Total
5
Bathrooms Total
4
Bathrooms Full
4
Living Area
4040
Living Area Source
Other
Accessibility Features YN
No
New Construction YN
No
Year Built
1985
Garage YN
Yes
Garage Spaces
2
Carport YN
No
Lot Size Acres
0.18
Lot Size Square Feet
7841
Association YN
No
CDD Fee YN
No
Community Fee(s) YN
No
Water Body Access YN
Yes
Waterfront YN
Yes
Water Body Name
Banana River
Furnished
Unfurnished
Stories
2
Entry Level
Yes
Direction Faces
West
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
559.16
Bathrooms Half
0

Property Features

Appliances: Dishwasher; Double Oven; Dryer; Gas Oven; Microwave; Refrigerator; Washer; Wine Cooler Architectural Style: Traditional Construction Materials: Block; Concrete; Stucco Cooling: Central Air Current Use: Single Family Electric: 200+ Amp Service Exterior Features: Balcony; Boat Lift; Dock; Impact Windows; Outdoor Kitchen Fireplace Features: Electric Flooring: Tile; Wood Heating: Central; Electric Interior Features: His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Laundry Features: Lower Level Levels: Multi/Split; Two Listing Terms: Cash; Conventional; Owner May Carry; Private Financing Available Lot Features: Dead End Street; Wooded Other Structures: Boat House; Outdoor Kitchen; Shed(s) Parking Features: Additional Parking; Attached; Garage Patio And Porch Features: Deck Pets Allowed: Cats OK; Dogs OK; Yes Possession: Close Of Escrow Water Body Access Type: Navigable Property Condition: Updated/Remodeled Rental Restrictions: No Minimum Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Metal Sewer: Septic Tank Showing Requirements: Appointment Only; Call Owner Spa Features: Above Ground Special Listing Conditions: Standard Utilities: Cable Available View: Intracoastal; River Water Source: Public Waterfront Features: Canal Front; Intracoastal; Navigable Water; River Front Showing Considerations: Occupied

Contract Information

Original List Price
2300000
Listing Contract Date
2026-01-16
Start Showing Date
2026-01-16
Property Sub Type
Single Family Residence
Comp Sale YN
No

Location Tax and Legal

Street Number
700
Street Name
Milford Point
Street Suffix
Drive
County
Brevard
State
FL
Postal Code
32952
MLS Area Major
252 - N Banana River Dr.
Subdivision Name
Milford Point Beach Subd

Remarks and Miscellaneous

Public Remarks
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

Status Change Information

Major Change Timestamp
2026-06-11T20:49:12Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-06-11T20:49:12Z
Status Change Timestamp
2026-01-16

More Information

Closing Company Details

Closing Company Name
TBD

DPR Eligible

DPR Eligible
No

Fireplace Features

Fireplaces Total
Yes
Electric
Yes

Legal Details

Permission Granted to Advertise
No

Currently Not Used

Homestead YN
Yes

Location, Tax, and Legal

Tax Account
2441736
Parcel Number
24-37-30-01-00000.0-0055.00
General County Location
Central
Elementary School
Audubon
Middle School
Jefferson
High School
Merritt Island
Tax Annual Amount
7484.28
Tax Year
2025
Tax Legal Description
MILFORD POINT BEACH SUBD LOTS 55 & 56 EXC RD R/W
Zoning Description
Residential
Directions
Take the 520 to South Banana River Drive. Home is on the right at the end of the point.

Appliances

Dishwasher
Yes
Double Oven
Yes
Dryer
Yes
Gas Oven
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Wine Cooler
Yes

Architectural Style

Traditional
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes
Electric
Yes

Current Use

Single Family
Yes

Electric

200+ Amp Service
Yes

Exterior Features

Balcony
Yes
Boat Lift
Yes
Dock
Yes
Impact Windows
Yes
Outdoor Kitchen
Yes

Flooring

Tile
Yes
Wood
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

His and Hers Closets
Yes
Kitchen Island
Yes
Open Floorplan
Yes
Pantry
Yes
Primary Bathroom -Tub with Separate Shower
Yes
Split Bedrooms
Yes
Walk-In Closet(s)
Yes

Laundry Features

Lower Level
Yes

Levels

Multi/Split
Yes
Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes
Private Financing Available
Yes

Lot Features

Dead End Street
Yes
Wooded
Yes

Other Structures

Boat House
Yes
Outdoor Kitchen
Yes
Shed(s)
Yes

Parking Features

Additional Parking
Yes
Attached
Yes
Garage
Yes

Patio And Porch Features

Deck
Yes

Pets Allowed

Cats OK
Yes
Dogs OK
Yes
Yes
Yes

Possession

Close Of Escrow
Yes

Water Body Access Type

Navigable
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Roof

Metal
Yes

Sewer

Septic Tank
Yes

Spa Features

Above Ground
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes

View

Intracoastal
Yes
River
Yes

Water Source

Public
Yes

Waterfront Features

Canal Front
Yes
Intracoastal
Yes
Navigable Water
Yes
River Front
Yes

Showing Requirements

Appointment Only
Yes
Call Owner
Yes

Showing Considerations

Occupied
Yes

Property Condition

Updated/Remodeled
Yes

Rental Restrictions

No Minimum
Yes
Listing Office: J. Edwards Real Estate
Last Updated: July - 23 - 2026
Information is deemed to be reliable, but is not guaranteed.

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