If Florida had a home, this would be it. Completely renovated, this elevated stilt home sits directly on the Banana River with wide open water views and direct access to Port Canaveral. Enjoy everything the Space Coast has to offer, from dolphins and manatees in your backyard to rocket launches overhead. A private dock with boat lift makes getting out on the water a breeze. Inside, the home offers 3 bedrooms, 2 full baths, and 2 half baths with an open layout centered around a chef's kitchen featuring quartz countertops and stainless steel appliances, flowing into the main living and dining areas with the river views front and center. The primary suite includes a private balcony overlooking the water. Outside, enjoy a pool, stone fireplace, and a paver driveway set within a well maintained yard. A detached air conditioned flex space with river views offers options for an office, studio, or additional living area. Well updated and positioned for true waterfront living.
For sale
Price cut: $50K (8/5)
$1,399,000
420 Milford Point Dr, Merritt Island, FL 32952
3beds
1,608sqft
Single Family Residence
Built in 1980
0.29 Acres Lot
$1,335,500 Zestimate®
$870/sqft
$-- HOA
What's special
Stone fireplaceWide open water viewsElevated stilt home
- 155 days
- 866
- 70
Zillow last checked:
Listing updated:
Listed by:
Keith Krodel 321-536-7338,
Reef Realty Florida LLC
Source: Space Coast AOR,MLS#: 1073507
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Multi Units
Appliances
- Included: Dishwasher, Double Oven, Dryer, Electric Oven, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Features
- Ceiling Fan(s), Open Floorplan, Primary Bathroom - Shower No Tub, Walk-In Closet(s)
- Flooring: Wood
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Furnished: Yes
Interior area
- Total interior livable area: 1,608 sqft
Property
Parking
- Total spaces: 5
- Parking features: Carport, Garage
- Garage spaces: 1
- Carport spaces: 4
- Covered spaces: 5
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Entrance
Features
- Levels: Multi/Split,Two
- Stories: 2
- Patio & porch: Deck, Wrap Around
- Exterior features: Balcony, Fire Pit, Outdoor Shower, Boat Lift, Impact Windows
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front
- Body of water: Banana River
Lot
- Size: 0.29 Acres
- Features: Dead End Street
Details
- Additional structures: Workshop
- Additional parcels included: 2437406
- Parcel number: 2437300100000.00018.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1980
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Connected
Community & HOA
Community
- Subdivision: Milford Point Beach Subd
HOA
- Has HOA: No
Location
- Region: Merritt Island
Financial & listing details
- Price per square foot: $870/sqft
- Tax assessed value: $948,760
- Annual tax amount: $12,102
- Date on market: 4/1/2026
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Asphalt
Estimated market value
$1,335,500
$1.27M - $1.40M
$3,883/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $1,399,000-3.5%$870/sqft |
Source: Space Coast AOR #1073507 Report a problem | ||
| 7/20/2026 | Price change | $1,449,000-6.5%$901/sqft |
Source: Space Coast AOR #1073507 Report a problem | ||
| 6/23/2026 | Price change | $1,549,000-3.2%$963/sqft |
Source: Space Coast AOR #1073507 Report a problem | ||
| 4/1/2026 | Listed for sale | $1,599,900+39.1%$995/sqft |
Source: Space Coast AOR #1073507 Report a problem | ||
| 9/20/2024 | Sold | $1,150,000-4.1%$715/sqft |
Source: Space Coast AOR #1020341 Report a problem | ||
| 9/6/2024 | Pending sale | $1,199,000$746/sqft |
Source: Space Coast AOR #1020341 Report a problem | ||
| 8/9/2024 | Price change | $1,199,000-4.1%$746/sqft |
Source: Space Coast AOR #1020341 Report a problem | ||
| 7/23/2024 | Listed for sale | $1,250,000+42.9%$777/sqft |
Source: Space Coast AOR #1020341 Report a problem | ||
| 2/22/2022 | Sold | $875,000-9.7%$544/sqft |
Source: Space Coast AOR #920764 Report a problem | ||
| 1/5/2022 | Contingent | $969,000$603/sqft |
Source: Space Coast AOR #920764 Report a problem | ||
| 12/16/2021 | Pending sale | $969,000$603/sqft |
Source:  Stellar MLS #O5988020 Report a problem | ||
| 11/16/2021 | Listed for sale | $969,000$603/sqft |
Source: Space Coast AOR #920764 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,103 +29.1% | $948,760 +22.6% |
| 2024 | $9,374 -7.6% | $773,610 -0.8% |
| 2023 | $10,139 +21.2% | $779,550 +0.3% |
| 2022 | $8,369 +17% | $777,190 +53.7% |
| 2021 | $7,155 +1.6% | $505,810 +3.5% |
| 2020 | $7,041 +0.9% | $488,530 +6.1% |
| 2019 | $6,980 | $460,560 +9.8% |
| 2018 | $6,980 +8.9% | $419,520 +3.1% |
| 2017 | $6,407 -0.4% | $406,710 +11.2% |
| 2016 | $6,433 +5.1% | $365,690 +0.8% |
| 2015 | $6,117 +74.1% | $362,620 +60.6% |
| 2014 | $3,514 | $225,730 -30.4% |
| 2013 | -- | $324,230 +10.1% |
| 2012 | $3,199 +3.6% | $294,580 +4.7% |
| 2011 | $3,089 +10.5% | $281,480 -13.1% |
| 2010 | $2,795 +9.2% | $323,890 -16% |
| 2009 | $2,560 +0% | $385,770 -14.5% |
| 2008 | $2,560 -2.7% | $451,000 +2.3% |
| 2007 | $2,632 -8.2% | $441,000 +4.9% |
| 2005 | $2,866 +6.7% | $420,220 +39.1% |
| 2004 | $2,686 -3.1% | $302,180 +24.5% |
| 2003 | $2,772 +1.7% | $242,620 +7.4% |
| 2002 | $2,725 +2.4% | $225,900 +2.7% |
| 2001 | $2,661 +8.6% | $220,000 +48% |
| 2000 | $2,452 | $148,630 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32952
Nearby schools
Schools provided by the listing agent
- Elementary: Audubon
- Middle: Jefferson
- High: Merritt Island
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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