$1,399,000
$296K PRICE DROP

397 Milford Point Dr Merritt Island, FL 32952

Estimated payment $8,049/month

Total Views 6,052
5 Beds
4 Baths
5,615 Sq Ft
$249 Price per Sq Ft

Highlights

  • Property has ocean access
  • In Ground Spa
  • Canal View
  • Audubon Elementary School Rated 9+
  • Waterfront
  • 2-minute walk to Margaret and Danny Strickland Park

About This Home

Welcome to your waterfront dream in Merritt Island! This 5-bedroom, 4-bathroom home spans an impressive 5,615 sq ft with a split-stack open floorplan that offers room to live, entertain, and grow. Inside, you'll find two spacious primary suites, brand-new tile floors, new countertops, fully renovated bathrooms, and a modern kitchen with new stainless steel appliances. Largest living square footage in the Area. Step outside to a newly built wooden deck overlooking the tranquil canal -- complete with a private dock and direct ocean access with no fixed bridges. Lowest price per square foot in the area. Brand NEW ROOF and AC was replaced in 2023 and 2024! Don't miss this rare opportunity to own a waterfront gem in one of Merritt Island's most desirable locations

Listing Agent

Thomas Huynh

The Keyes Company License #3453901 Listed on: 06/06/2025

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,820

Year Built

  • Built in 1989

Lot Details

  • 0.3 Acre Lot
  • Waterfront
  • Property is zoned r1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,615 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Decorative Fireplace
  • Blinds
  • Bay Window
  • Family Room
  • Florida or Dining Combination
  • Den
  • Loft
  • Canal Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Stacked Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks

Pool

  • In Ground Spa
  • Saltwater Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24 373001000000 11

Community Details

Overview

  • Milford Point Beach Subd Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,820

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Continue onto FL-520 E/Hubert Humphrey Causeway/W Merritt Island Causeway Continue to follow FL-520 E Turn left onto Milford Point Dr Destination will be on the left
  • Year Built: 1989
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Dual Sinks, Eat-in Kitchen, Family/Dining Room, Fireplace, Split Bedrooms, Stacked Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Bay Window, Central Vacuum, Loft
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Trash Compactor
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Tile, Vinyl
  • Living Area: 5615.0
  • Dining Room Type: Den, Family Room, Laundry, Loft
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • View: Canal
  • Pool Features: Heated, Pool Equipment, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block, Wood Siding
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Park
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 24 373001000000 11
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: r1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5820.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,820 $905,910 -- --
2023 $5,820 $446,580 $0 $0
2022 $5,451 $433,580 $0 $0
2021 $5,737 $420,960 $0 $0
2020 $5,688 $415,150 $0 $0
2019 $5,663 $405,820 $0 $0
2018 $5,694 $398,260 $0 $0
2017 $5,778 $390,070 $0 $0
2016 $5,900 $382,050 $165,000 $217,050
2015 $6,095 $379,400 $145,000 $234,400
2014 $6,147 $376,390 $145,000 $231,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Price Changed $1,399,000 -3.5% $249 / Sq Ft
08/01/2025 08/01/25 Price Changed $1,449,000 -3.3% $258 / Sq Ft
07/23/2025 07/23/25 Price Changed $1,499,000 -6.0% $267 / Sq Ft
07/08/2025 07/08/25 Price Changed $1,595,000 -5.9% $284 / Sq Ft
06/11/2025 06/11/25 For Sale $1,695,000 +126.0% $302 / Sq Ft
05/18/2023 05/18/23 Sold $750,000 -11.8% $134 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $850,000 -- $151 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 Superior Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

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Source: BeachesMLS

MLS Number: R11097371

BeachesMLS

APN: 24-37-30-01-00000.0-0011.00