$4,500,000
Merritt Island, FL 32952
MLS# 1065038
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Property Description
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.
Details
Maps
Documents
Location, Tax, and Legal
Tax Account: 2712674
Parcel Number: 27-37-11-00-00510.1-0000.00
General County Location: South
Elementary School: Ocean Breeze
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 14741.9
Tax Year: 2025
Tax 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
Directions: Head West on Banana River Drive, Head south on Dragon Point Drive, the property is at the very end.
General Property Information
Lot Size Acres: 0.86
Lot Size Square Feet: 37462
Water Body Access YN: Yes
Waterfront YN: Yes
Water Body Name: Indian River
Water Frontage Feet: 1398
CDD Fee YN: No
List Price/Acre: 5232558.14
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: 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.
Closing Company Details
Closing Company Name: State Title, Jennifer HODL jenniferH@statetitlepartners.net, 321-728-3836
Closing Company Address: 300 W. Fee Avenue, Melbourne
Current Use
Residential: 1
Single Family: 1
Unimproved: 1
Electric
Underground: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Dead End Street: 1
Irregular Lot: 1
Possession
Close Of Escrow: 1
Water Body Access Type
Navigable: 1
Road Frontage Type
Private Road: 1
Road Surface Type
Concrete: 1
Gravel: 1
Paved: 1
Sewer
Septic Tank: 1
Spa Features
In Ground: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Available: 1
Water Available: 1
Propane: 1
View
Bridge(s): 1
Intracoastal: 1
River: 1
Water: 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
Navigable Water: 1
River Front: 1
Seawall: 1
Development Status
Finished Lot(s): 1
See Remarks: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Contract Information
Current Price: $4,500,000
Original List Price: 4500000
List Price: $4,500,000
Status: Active
Listing Contract Date: 2025-12-27
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 11680
Street Name: Point
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32952
MLS Area Major: 253 - S Merritt Island
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2025-12-27T17:05:51Z
Major Change Type: New Listing
Status Change Timestamp: 2025-12-27
Property Features
Current Use: Residential; Single Family; Unimproved
Development Status: Finished Lot(s); See Remarks
Electric: Underground
Listing Terms: Cash; Conventional
Lot Features: Cleared; Dead End Street; Irregular Lot
Possession: Close Of Escrow
Road Frontage Type: Private Road
Road Surface Type: Concrete; Gravel; Paved
Sewer: Septic Tank
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Spa Features: In Ground
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Available; Water Available; Propane
View: Bridge(s); Intracoastal; River; Water
Water Body Access Type: Navigable
Water Source: Public
Waterfront Features: Intracoastal; Navigable Water; River Front; Seawall
Supplements
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.
SURVEY 
Listing Office: One Sotheby's International
Last Updated: December - 27 - 2025
Information is deemed to be reliable, but is not guaranteed.