700 Milford Point Drive, Merritt Island, FL 32952

$2,239,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 4,040 Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $2,239,000 List Date: 1/16/2026 Last Modified: 8/06/2026

Overview

Description

FRESH NEW PRICE! RECENTLY APPRAISED AT 2.4 MILLION! 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.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. 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: 554.21

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: FRESH NEW PRICE! RECENTLY APPRAISED AT 2.4 MILLION! 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.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. 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: 2026-08-06T17:47:23Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-06T17:47:23Z
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

Legal Details

Permission Granted to Advertise: No

Listing Office: J. Edwards Real Estate

Last Updated: August - 06 - 2026

Information is deemed to be reliable, but is not guaranteed.