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$2,300,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 4,040 Sq. Ft.
  • Updated 1 day ago
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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 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.

Full Property Details for 700 Milford Point Dr

General

  • Price: $2,300,000
  • Taxes: $7,484 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1066753
  • Updated: 1/16/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric
  • Appliances: Dishwasher, Double Oven, Dryer, Gas Oven, Microwave, Refrigerator, Washer, Wine Cooler
  • Furnishings: Unfurnished
  • Flooring: Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Lower Level

Additional Information

  • Spa: Yes
  • Spa Description: Above Ground

Exterior

  • Exterior Features: Balcony, Dock, Outdoor Kitchen, Boat Lift, Impact Windows
  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Additional Parking, Attached, Garage

Location

  • Area: 251 - Central Merritt Island
  • County: Brevard
  • Subdivision: Milford Point Beach Subd
  • Driving Directions: Take the 520 to South Banana River Drive. Home is on the right at the end of the point.
  • Direction Faces: West

School Information

  • Elementary School: Audubon
  • Middle School: Jefferson
  • High School: Merritt Island

Community

  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Architectural Style: Traditional
  • Exterior Const.: Block, Concrete, Stucco
  • Roof: Metal
  • Stories/Levels: 2
  • Square Feet: 4,040
  • Living Area: 4,040 Sq. Ft.
  • Current Bldg. Use: Single Family
  • Year Built: 1985
  • Property Condition: Updated/Remodeled

Additional Structures

  • Other Structures: Boat House, Outdoor Kitchen, Shed(s)

Lot Features

  • Property View: River, Intracoastal
  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,841
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Lot Features: Dead End Street, Wooded

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Banana River

Financial Considerations

  • Price Per Sq. Ft.: $569.31
  • Tax Amount: $7,484.28
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 24-37-30-01-00000.0-0055.00

Listed by J. Edwards Real Estate

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— 700 Milford Point Dr —

  • J. Edwards Real Estate

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Be ready to buy your new home!

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 700 Milford Point Dr

School District:Brevard County School District
NameGradesDistance
Audubon Elementary School
1201 North Banana River Drive, Merritt Island, FL 32952
PK-60.8 mi
Merritt Island High School
100 Mustang Way, Merritt Island, FL 32953
9-122.4 mi
Thomas Jefferson Middle School, Merritt Island, FL
1275 South Courtenay Parkway, Merritt Island, FL 32952
7-82.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 700 Milford Point Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Listed
$2,300,000
384.21%
MLS
6/12/2015
Sold
$475,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 700 Milford Point Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,458
-8%
$576,460
3%
2024
$7,050
1%
$560,220
3%
2023
$7,010
1%
$543,910
6%
2021
$6,930
6%
$512,690
-3%
2022
$6,565
-5%
$528,070
4%
2021
$6,930
—
$505,620
4%
2018
$6,927
1%
$485,050
-2%
2019
$6,883
23%
$494,260
30%
2017
$5,591
-2%
$380,440
2%
2016
$5,709
-26%
$372,620
-16%
2015
$7,742
7%
$444,440
9%
2014
$7,253
4%
$406,800
7%
2013
$6,998
—
$380,690
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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700 Milford Point Drive, Merritt Island, FL 32952 (MLS# 1066753) is a Single Family property with 5 bedrooms and 4 full bathrooms. 700 Milford Point Drive is currently listed for $2,300,000 and was received on January 16, 2026. Want to learn more about 700 Milford Point Drive? Do you have questions about finding other Single Family real estate for sale in Merritt Island? You can browse all Merritt Island real estate or contact a Coldwell Banker agent to request more information.

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