Living in Florida's Space Coast
Milford Point Beach
Milford Point Beach is a single street running north off State Road 520 onto a point of land between the Banana River and Pelican Creek. Every home on Milford Point Drive is waterfront. Most have a dock and a lift, the street dead ends, and prices run from the low sevens into the millions. No association governs any of it.
Milford Point Beach In Merritt Island, Florida
There is one road in and the same road out. Milford Point Drive leaves State Road 520 near South Banana River Drive and runs out onto a narrow point, with the open Banana River on one side and Pelican Creek on the other. The peninsula tip properties carry frontage on two waterways at once. It is a short street, and the address itself is most of what you are buying.
Every home here is on the water. Four of five have a private dock, most with a boat lift, and a couple have slips. The Banana River frontage gives you direct navigable access, with Port Canaveral reachable north through the Canaveral Barge Canal and the lock. The lock is free and typically transits in twenty to thirty minutes. Deep water on the river side is the reason this street exists.
Houses vary more than the street length suggests. The range runs 1,608 to 5,615 square feet with about 2,374 in the middle, built between 1980 and 2017. You will find an elevated stilt house sitting directly on the river, block and stucco two story homes, and a fully renovated peninsula estate on two combined lots. Three to five bedrooms, three to four baths, one to three car garages.
There is no homeowners association. No dues, no board, no architectural review, no rental rules. On a street this short that mostly means the neighbors sort things out directly. It also means the condition of seawalls, docks and driveways is entirely a per property question, and there is no reserve fund anywhere backing the shared bulkhead line.
This is a thin, expensive and slow market. Prices have run from about 711,000 to over two million, with the middle near 1,215,000 and roughly 299 dollars per square foot. Homes here have historically taken six months or more to trade, and sellers have finished well under their opening number more often than not. If you are patient and specific, that pattern works for you.
Milford Point Beach At A Glance
Everything worth knowing about Milford Point Drive in one table.
| Detail | What you get |
|---|---|
| Location | Milford Point Drive, north off State Road 520 near South Banana River Drive, Merritt Island 32952 |
| Built | 1980 to 2017, with the middle around 1989 |
| Home size | 1,608 to 5,615 square feet, about 2,374 in the middle |
| Bedrooms | Three to five bedrooms, three to four baths |
| Lot size | 0.18 to 0.30 acre, about a quarter acre typical |
| Construction | Mix of block and stucco and frame, including elevated stilt construction, shingle roofs |
| Association | None. No association, no dues, no architectural review |
| Utilities | Public water with septic systems |
| Price range | About 711,000 to over 2,200,000, middle near 1,215,000 |
| Price per square foot | Around 299 dollars |
| Water frontage | Banana River and Pelican Creek; every property is waterfront |
| Docks and lifts | Private docks on most homes, boat lifts common, some with slips |
| Pools | In ground pools on most of the street |
| Garage | One to three car |
| Street type | Dead end, no through traffic |
| Gated | No |
| Age restricted | No |
| Typical time to sell | Six months or more |
Milford Point Beach Details
Frontage On Two Waterways
The point separates the open Banana River from Pelican Creek, and properties near the tip carry frontage on both. That gives you a protected side for the dock and an open side for the view, which is a combination almost nothing else on the island offers.
Direct Access To Port Canaveral
From Banana River frontage you run north to the Canaveral Barge Canal and through Canaveral Lock, the largest navigation lock in Florida, free to use and typically a twenty to thirty minute transit. Ocean access without trailering is the point of the address.
Nothing To Answer To
No association, no dues, no design review. You can paint it, fence it, dock it and rent it under county code alone, since Merritt Island is unincorporated Brevard County. That freedom is worth real money to some buyers and is the whole appeal to others.
A Very Small Market
This is one street. In a typical year only a handful of properties change hands, which means comparable sales are scarce and valuation takes judgment. Come in with a specific view of what the frontage and dock are worth to you.
Long Timelines, Real Negotiation
Homes on the point have historically sat for half a year or longer and sellers have generally come down meaningfully from where they started. A buyer who is not in a hurry has more leverage here than almost anywhere else on Merritt Island.
Septic On A Narrow Point
Every property runs septic with public water. On a quarter acre lot between two waterways, drainfield placement, setbacks and system age all matter more than usual. Make it a specific inspection item and confirm what the county will permit before planning changes.
Homes For Sale In Milford Point Beach
Anything currently available on or near Milford Point Drive is shown below. Because the street is short and turnover is slow, it is worth setting an alert rather than waiting for the right week.
Milford Point Beach Frequently Asked Questions
Is there an HOA on Milford Point Drive?
No. There is no association, no dues and no architectural review. Brevard County code governs, since Merritt Island is unincorporated and has no city government of its own.
Are all the homes really on the water?
Yes. Every property on Milford Point Drive fronts water, either the Banana River, Pelican Creek, or both on the parcels near the tip of the point. There are no interior lots on this street.
Can I take a boat to the ocean from here?
Yes. Banana River frontage gives you navigable access north to the Canaveral Barge Canal, then east through Canaveral Lock to Port Canaveral. The lock is free and usually takes twenty to thirty minutes. Watch air draft at the bascules if your boat carries a tower.
Why do homes take so long to sell here?
The buyer pool for million dollar waterfront on a single dead end street is small, and each property is different enough that comparables are hard to draw. Six months or longer is normal, and sellers frequently adjust from their opening price.
What permits do I need for a dock or lift?
Brevard County Planning and Development handles dock, seawall and lift work under a Residential Marine Construction permit. Shoreline work adds a Natural Resources review, and your survey must be dated within 180 days. Start the process early.
Is Milford Point Beach in a flood zone?
Waterfront property on a narrow point almost certainly sits in a mapped zone, and elevation varies across the street. Brevard County Public Works, Floodplain Administration, at (321) 617-7340, keeps the county's official FEMA flood map panels and will issue a written zone determination along with an elevation certificate.
Are these homes on sewer?
No. Milford Point Drive runs on septic with public water. Given the lot sizes and the proximity to water on both sides, have the system located and evaluated carefully during your inspection period.
How close is the beach and the causeway?
You are directly off State Road 520, so the causeway east to Cocoa Beach is immediate and the sand is roughly ten to fifteen minutes away. The Merritt Island retail corridor is a few minutes west on the same road.
Milford Point Drive, Merritt Island 32952
The street leaves the north side of State Road 520 close to South Banana River Drive and runs out onto the point. Because access is from 520 itself, you are on the island's main east west artery the moment you leave the driveway, with the Banana River immediately behind the house. The point sits at the eastern edge of Central Merritt Island, facing open water toward Cocoa Beach.
East across the causeway, Cocoa Beach is roughly ten to fifteen minutes. West, the State Road 520 retail corridor and the bridges to Cocoa and US 1 are five to ten. State Road 528, the Beachline, is a short run north and carries you to Port Canaveral in about twenty minutes and Orlando International in around fifty. Kennedy Space Center is north on Courtenay Parkway.
Near Milford Point Beach In Merritt Island
Considering Milford Point Beach?
On a street where every house is on water, the value sits in the frontage, the depth at the dock and the condition of the seawall, not in the kitchen. Getting that read right is worth six figures here. My partner Nichole and I have worked this point and can tell you what the water is actually worth on a given lot. Call or text (321) 212-7676 and let us go look.
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