One-of-a-kind Peninsula Waterfront Estate on Two Premium Lots

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Home For Sale

700 Milford Point Drive

Merritt Island, Florida 32952

Brevard County

Waterfront: Yes

Community: Milford Point Beach Subd

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$2,300,000 5 br, 4.0 bath 4040 sq. ft. 0.180 acres

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 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.

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 4040
  • Year Built: 1985
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 2
  • Heat/AC: Central, Electric (Heating)
  • Garage: Garage
Exterior:
  • Lot Size: 0.180 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: River
  • Yard: 
  • Siding: Block, Concrete, Stucco
  • Roof: Metal
  • Property Taxes: $7,484
  • MLS #: 1066753
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Contact Information:
Beach Home For Sale in Merritt Island, Florida
Listing Agent: Rebecca D Maciel, J. Edwards Real Estate, 321-745-9804, 321-209-1076 Listing Site, Listing Status: Active
Copyright © 2025 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7145067
Viewed 22 times.
Updated: Feb 04, 2026

This property is a Home located at 700 Milford Point Drive, Merritt Island, Florida 32952, and is currently For Sale at $2,300,000. This Home has 5 bedrooms, 4.0 baths, 4040 sq ft.