397 Milford Point Dr, Merritt Island, FL, 32952
About This Home
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. This property offers direct canal access with no bridges, making it a true boater's dream!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1989
Materials
- Roof: Shingle
- Construction materials: Block,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Double Oven,Electric Cooktop,Electric Oven,Electric Water Heater,Microwave,Refrigerator,Washer/Dryer Stacked
- Laundry features: Electric Dryer Hookup,In Unit,Lower Level,Sink,Upper Level,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Features
- Breakfast Bar,Breakfast Nook,Built-in Features,Ceiling Fan(s),Central Vacuum,Eat-in Kitchen,Entrance Foyer,Guest Suite,His and Hers Closets,In-Law Floorplan,Kitchen Island,Open Floorplan,Pantry,Primary Bathroom - Shower No Tub,Split Bedrooms,Vaulted Ceiling(s),Walk-In Closet(s)
- Flooring: Tile,Vinyl
- Number of fireplaces: 2
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 6,215
- Total interior livable area: 5,615 sqft
Property
Details
- Parcel number: 2437300100000.00011.00
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: In Ground,Waterfall
- Patio & porch: Covered,Deck,Side Porch,Terrace
- Exterior features: Balcony,Boat Slip,Dock
- Fencing: Brick
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- On waterfront: Yes
- Waterfront features: Canal Front,Navigable Water,River Access,Seawall,No Fixed Bridges
- Waterbody name: Pelican Creek
Lot
- Lot size: 0.30 Acres
- Features: Dead End Street
Parking
- Total spaces: 2
- Parking features: Attached,Garage,Garage Door Opener,RV Access/Parking
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,568 | $78,816 |
| Home Insurance * | $1,528 | $18,336 |
| Property Taxes | $1,358 | $16,296 |
| Electricity | $565 | $6,780 |
| Total | $10,019 | $120,228 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-23 | Price change | $1,299,000 |
| 2026-01-19 | Price change | $1,349,000 |
| 2025-08-20 | Price change | $1,399,000 |
| 2025-08-01 | Price change | $1,449,000 |
| 2025-07-23 | Price change | $1,499,000 |
| 2025-07-08 | Price change | $1,595,000 |
| 2025-06-11 | Listed for sale | $1,695,000 |
| 2023-05-18 | Sold | $750,000 |
| 2023-03-18 | Pending sale | $850,000 |
| 2023-03-11 | Contingent | $850,000 |
| 2023-03-01 | Listed for sale | $850,000 |
| 2019-11-28 | Listing removed | $850,000 |
| 2019-06-03 | Listed for sale | $850,000 |
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