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For SaleSingle Family Home
$1.3M
397 Milford Point Drive, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Milford Point Beach Subd
5
Bedrooms
4
Bathrooms
5,615
Sq Ft
1989
Year Built
$231 /sqft

About This Property

Description from listing agent

ACTIVE UNDER CONTRACT....TAKING BACKUP OFFERS! WELCOME HOME TO EXCLUSIVE MILFORD POINT MERRITT ISLAND! An absolute tropical boater's paradise! This stunning canal front single family home offers 5 bedrooms 4 full bathrooms and an open floor plan designed for spacious coastal living. Stunning Kitchen equipped with new stainless appliances. Features include 2 primary suites--one on the first floor and another upstairs with a loft overlooking the main living area, a private balcony overlooking pool and Pelican Creek. One of the downstairs bedrooms is perfect for in-law quarters. The garage is fully equipped custom cabinets and 2 work benches & oversized driveway. Additional highlights include a newer roof, 2 newer HVAC units, two wood-burning fireplaces (one on each level) and an expansive 1,531 sq. ft. dock spanning the full width of the property. Outdoor living at its finest with multiple deck space, a sparkling pool, and a relaxing spa.

Space Coast Context

🚀 Launch Viewing — Great Views

14.7 mi from SLC-40

14.7 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
SpaceX10.3 mi~23 min
Lockheed10.6 mi~24 min
Boeing/KSC10.8 mi~24 min
Blue Origin10.8 mi~24 min
KSC11.2 mi~25 min
Northrop16.4 mi~37 min
L3Harris18.3 mi~41 min

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type (single family, condo, townhouse, etc.)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Square footage within ±15%
  • Year built within ±15 years

We start with your neighborhood, then expand to 3 miles, then 5 miles until we have enough comps. Sales within the last 90 days are weighted 2× in the median to reflect current market conditions.

This is the same analysis a local agent performs by hand — done automatically on every listing.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.3 acres (13,068 sqft)
Full Baths
4
Garage
2 car (attached)
Fireplaces
2
Waterfront
Pelican Creek
Pool
Yes
Days on Market
247
MLS Area
252 - N Banana River Dr.

Schools

Elementary

Audubon

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Oct 14, 2025
Parcel #
24-37-30-01-00000.0-0011.00
$1.3M

Listing Agent (for property info)

A
Annette Crisafulli
C. Apollo Realty Inc
321-795-9082
Call Listing Agent

Estimated Monthly Payment

$8,293/mo
Principal & interest
$6,844
Property taxes
$1,299
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $1.3M price — down payment shown: $259,800.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1059575

Interested in this property?

Equal Housing Opportunity

MLS# 1059575 · Listing Broker: C. Apollo Realty Inc · 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. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.