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 ... (Read more)

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.