$2,300,000
Merritt Island, FL 32952
MLS# 1066753
5 beds | 4 baths
1 / 82
Property 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
Details
Maps
Contract Information
Start Showing Date: 2026-01-16
Comp Sale YN: No
Current Price: $2,300,000
Original List Price: 2300000
List Price: $2,300,000
Status: Active
Listing Contract Date: 2026-01-16
Property Sub Type: Single Family Residence
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.
General Property Information
Bathrooms Half: 0
Living Area: 4040
Living Area Source: Other
Lot Size Acres: 0.18
Lot Size Square Feet: 7841
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: Yes
Water Body Name: Banana River
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: Yes
Furnished: Unfurnished
Stories: 2
Entry Level: 1
Direction Faces: West
Pool Private YN: No
List Price/SqFt: 569.31
Bedrooms Total: 5
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 1985
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
Appliances
Dishwasher: 1
Double Oven: 1
Dryer: 1
Gas Oven: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Wine Cooler: 1
Architectural Style
Traditional: 1
Closing Company Details
Closing Company Name: TBD
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Single Family: 1
Electric
200+ Amp Service: 1
Exterior Features
Balcony: 1
Boat Lift: 1
Dock: 1
Impact Windows: 1
Outdoor Kitchen: 1
Fireplace Features
Fireplaces Total: 1
Electric: 1
Flooring
Tile: 1
Wood: 1
Heating
Central: 1
Electric: 1
Interior Features
His and Hers Closets: 1
Kitchen Island: 1
Open Floorplan: 1
Pantry: 1
Primary Bathroom -Tub with Separate Shower: 1
Split Bedrooms: 1
Walk-In Closet(s): 1
Laundry Features
Lower Level: 1
Legal Details
Permission Granted to Advertise: No
Levels
Multi/Split: 1
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Dead End Street: 1
Wooded: 1
Other Structures
Boat House: 1
Outdoor Kitchen: 1
Shed(s): 1
Parking Features
Additional Parking: 1
Attached: 1
Garage: 1
Patio And Porch Features
Deck: 1
Pets Allowed
Cats OK: 1
Dogs OK: 1
Yes: 1
Possession
Close Of Escrow: 1
Water Body Access Type
Navigable: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Roof
Metal: 1
Sewer
Septic Tank: 1
Spa Features
Above Ground: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
View
Intracoastal: 1
River: 1
Water Source
Public: 1
Waterfront Features
Canal Front: 1
Intracoastal: 1
Navigable Water: 1
River Front: 1
Showing Requirements
Appointment Only: 1
Call Owner: 1
Showing Considerations
Occupied: 1
Property Condition
Updated/Remodeled: 1
Rental Restrictions
No Minimum: 1
Location Tax and Legal
Street Number: 700
Street Name: Milford Point
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32952
MLS Area Major: 251 - Central Merritt Island
Subdivision Name: Milford Point Beach Subd
Status Change Information
Major Change Timestamp: 2026-01-16T23:35:26Z
Major Change Type: New Listing
Status Change Timestamp: 2026-01-16
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
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
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 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.
Listing Office: J. Edwards Real Estate
Last Updated: January - 16 - 2026
Information is deemed to be reliable, but is not guaranteed.