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For sale
    • Price cut: $41K (6/11)
    $2,259,000

    700 Milford Point Dr, Merritt Island, FL 32952

    5beds
    4,040sqft
    : 
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    Single Family Residence
    Built in 1985
    7,840 Square Feet Lot
    $2,113,100 Zestimate®
    $559/sqft
    $-- HOA

    What's special

    Garage shelvingDeep-water dockageThree-zone hvacStorage shedWoodworking shopOversized two-car garageDirect river access
    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.
    177 days
    |
    637
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rebecca D Maciel 321-745-9804,

    J. Edwards Real Estate

    Source: Space Coast AOR,MLS#: 1066753

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Double Oven, Dryer, Gas Oven, Microwave, Refrigerator, Washer, Wine Cooler
      • Laundry: Lower Level
      Features
      • His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
      • Flooring: Tile, Wood
      • Number of fireplaces: 1
      • Fireplace features: Electric
      Interior area
      • Total interior livable area: 4,040 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Additional Parking, Attached, Garage
      • Attached garage spaces: 2
      Features
      • Levels: Multi/Split,Two
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Balcony, Dock, Outdoor Kitchen, Boat Lift, Impact Windows
      • Has spa: Yes
      • Spa features: Above Ground
      • Has view: Yes
      • View description: River, Intracoastal
      • Has water view: Yes
      • Water view: River,Intracoastal
      • Waterfront features: Canal Front, Navigable Water, River Front, Intracoastal
      • Body of water: Banana River
      Lot
      • Size: 7,840 Square Feet
      • Features: Dead End Street, Wooded
      Details
      • Additional structures: Boat House, Outdoor Kitchen, Shed(s)
      • Additional parcels included: 2441736
      • Parcel number: 2437300100000.00055.00
      • Zoning description: Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Stucco
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1985

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: Milford Point Beach Subd
      HOA
      • Has HOA: No
      Location
      • Region: Merritt Island

      Financial & listing details

      • Price per square foot: $559/sqft
      • Tax assessed value: $781,650
      • Annual tax amount: $7,484
      • Date on market: 1/16/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Asphalt

        Estimated market value

        $2,113,100

        $2.01M - $2.22M

        $5,419/mo

        Price history

        DateEventPrice
        6/11/2026Price change$2,259,000-1.8%$559/sqft
        Source: Space Coast AOR #1066753 Report a problem
        1/16/2026Listed for sale$2,300,000+1.8%$569/sqft
        Source: Space Coast AOR #1066753 Report a problem
        11/5/2025Listing removed$2,259,000$559/sqft
        Source: Space Coast AOR #1057494 Report a problem
        10/15/2025Price change$2,259,000-1.7%$559/sqft
        Source: Space Coast AOR #1057494 Report a problem
        9/18/2025Listed for sale$2,299,000+384%$569/sqft
        Source: Space Coast AOR #1057494 Report a problem
        6/16/2015Sold$475,000-5%$118/sqft
        Source: Space Coast AOR #721969 Report a problem
        10/30/2012Sold$500,000+0%$124/sqft
        Source: Public Record Report a problem
        9/18/2012Pending sale$499,900$124/sqft
        Source: J. Edwards Real Estate #643027 Report a problem
        6/15/2012Listed for sale$499,900+85.8%$124/sqft
        Source: J. Edwards Real Estate #643027 Report a problem
        2/10/1997Sold$269,000$67/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,484 +6.2%$576,460 +2.9%
        2024$7,050 +0.6%$560,220 +3%
        2023$7,010 +6.8%$543,910 +3%
        2022$6,565 -5.3%$528,070 +3%
        2021$6,930 +0.5%$512,690 +1.4%
        2020$6,897 +0.2%$505,620 +2.3%
        2019$6,883 $494,260 +1.9%
        2018$6,883 -0.6%$485,050 +27.5%
        2017$6,927 +23.9%$380,440 +2.1%
        2016$5,591 -2.1%$372,620 -16.2%
        2015$5,709 -21.3%$444,440 +9.3%
        2014$7,253 $406,800 +6.9%
        2013-- $380,690 +16.3%
        2012$5,813 +68.9%$327,270 +7.7%
        2011$3,442 +10.5%$303,770 -11.9%
        2010$3,115 +9.2%$344,970 -15%
        2009$2,854 0%$405,840 -13.8%
        2008$2,854 -2%$471,000 -3.7%
        2007$2,913 -7.7%$489,000 -2.1%
        2005$3,157 -0.8%$499,620 +19.8%
        2004$3,181 -3.2%$416,880 +32.6%
        2003$3,285 +1.7%$314,340 +11.8%
        2002$3,231 +2.3%$281,280 +3.5%
        2001$3,157 +9.8%$271,670 +43.6%
        2000$2,876 $189,160
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32952

        Getting around

        10 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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