Waterfront - Seller Financing
Address
700 Milford Point Drive, Merritt Island, FL
Price
$ 2,239,000
Property Attributes
- MLS#1066753
- TypeSingle Family
- Listing Status Active
- CountyBrevard
- CityMerritt Island
- AreaN Banana River Dr.
- NeighborhoodMilford Point Beach Subd
- Zip32952
- Style
- Year Built1985
- Taxes$ 7484
- Price$ 2,239,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4040
- Lot Size0.18 Acres
Data Source:
Space Coast AOR
Property 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. 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Audubon Elementary School | Jefferson Middle School | Merritt Island High School |
| Price History | |
|---|---|
| 2/20/2026 | Listed $2,300,000 |
| 6/11/2026 | 2$2,259,000 |
| 8/6/2026 | 1$2,239,000 |
General Features
| Living Area | 4040 |
|---|---|
| Sewer | Septic Tank |
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Utilities | Cable Available |
| Possession | Close Of Escrow |
| Roof | Metal |
| Appliances | Dishwasher,Double Oven,Dryer,Gas Oven,Microwave,Refrigerator,Washer,Wine Cooler |
| Garage Spaces | 2 |
| Patio/Porch Features | Deck |
| Architectural Style | Traditional |
| Construction Materials | Block,Concrete,Stucco |
| Pets Allowed | Cats OK,Dogs OK,Yes |
| Year Built | 1985 |
| Electric | 200+ Amp Service |
| View | River,Intracoastal |
| Stories Count | 2 |
| Levels | Multi/Split,Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Current Use | Single Family |
| Waterfront Features | Canal Front,Navigable Water,River Front,Intracoastal |
| Additional Parcels Description | 2441736 |
| County | Brevard |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | true |
| Subdivision Name | Milford Point Beach Subd |
| Facing Direction | West |
| Garage Y/N | true |
| Other Structures | Boat House,Outdoor Kitchen,Shed(s) |
| Full Baths | 4 |
| Status | Active |
| Directions | Take the 520 to South Banana River Drive. Home is on the right at the end of the point. |
| High School | Merritt Island |
| City | Merritt Island |
| Body of Water | Banana River |
| Senior Community Y/N | false |
| Zoning Description | Residential |
| MLS Area | 252 - N Banana River Dr. |
| Lot Size Units | Acres |
| Lot Size Square Feet | 7841 |
| Carport Y/N | false |
| Spa Features | Above Ground |
| Elementary School | Audubon |
| Tax Annual Amount | 7484.28 |
| Middle/Junior High School | Jefferson |
| Property Condition | Updated/Remodeled |
| MLS Area Minor | 252 - N Banana River Dr. |
| Standard Status | Active |
| Legal Description | MILFORD POINT BEACH SUBD LOTS 55 & 56 EXC RD R/W |
Interior Features
| Interior Amenities | His and Hers Closets,Kitchen Island,Open Floorplan,Pantry,Primary Bathroom -Tub with Separate Shower,Split Bedrooms,Walk-In Closet(s) |
|---|---|
| Flooring | Tile,Wood |
| Furnished Y/N | Unfurnished |
| Total Fireplaces | 1 |
| Fireplace Features | Electric |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Laundry Features | Lower Level |
| Total Bedrooms | 5 |
| Entry Level | 1 |
| LivingAreaSource | Other |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Balcony,Dock,Outdoor Kitchen,Boat Lift,Impact Windows |
|---|---|
| Parking Features | Additional Parking,Attached,Garage |
| Lot Features | Dead End Street,Wooded |
| Water Source | Public |
| Lot Size Area | 0.18 |
| Lot Size Acres | 0.18 |
| Road Surface Type | Asphalt |
| Waterfront Y/N | true |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32952
Price
Taxes
Year Built
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS. Last Updated September 13, 2026 6:02 PM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. Listing data provided by the Daytona Beach Area Association of REALTORS® Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.
These listings are provided by the IDX Program of Brevard County, Florida. Real Estate listings held by brokerage firms other than Realty World Curri Properties are marked with the IDX Logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable
