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$745,000
O6398647 MLS
Under contract-accepting backup offers. Experience the pinnacle of coastal living on one of the most prestigious stretches of Florida’s Space Coast. This prime, buildable vacant lot on South Tropical Trail offers an extraordinary opportunity to design and build a custom estate tailored to your vision. With deeded access to the Banana River and the Intracoastal Waterway—and the ability to add your own private dock—you’ll enjoy seamless access to open water, perfect for boating, paddleboarding, and waterfront entertaining. Each day begins with breathtaking sunrises casting vibrant colors across the river, while dolphins and manatees glide by, creating a peaceful, ever-changing natural backdrop. Evenings bring gentle breezes and serene water views, making every moment feel like a retreat. What truly elevates this property is its unparalleled vantage point for rocket launches. From the comfort of your future backyard, watch as rockets ascend into the sky, lighting up the horizon—an iconic Space Coast experience that never loses its awe. Surrounded by elegant homes and lush tropical landscapes, this location offers both privacy and prestige. Despite its tranquil setting, you’re conveniently close to shopping, dining, top-rated schools, and the vibrant coastal lifestyle of Cocoa Beach and Cape Canaveral. This is a rare opportunity to secure a homesite in a location that effortlessly combines waterfront access, natural beauty, and one-of-a-kind views. Build the home you’ve always envisioned and enjoy a lifestyle defined by sunrises, open water, and unforgettable moments right in your own backyard.

5715 S Tropical Trail, Merritt Island

$4,500,000
1065038 MLS
Introducing one of the most culturally significant and visually commanding waterfront offerings in all of Florida, the iconic Dragon Point. This .86-acre, fully buildable peninsula delivers an extraordinary 1,398 linear feet of direct water frontage and sweeping 180-degree views over both the Indian and Banana Rivers. Positioned at the true tip of Merritt Island, the property offers exceptional privacy, uninterrupted horizon lines, vivid sunrises and sunsets, and front-row vantage points for rocket launches from Cape Canaveral, a setting unmatched anywhere on the Space Coast. The history of Dragon Point is deeply woven into local identity and rooted in American Indian folklore. According to legend, witnessing a dragon rise from the mist where the two rivers meet was a sign of great fortune. Inspired by this myth, Florida artist Lewis VanDercar sculpted Annie the Dragon here in 1971 for the property owner, creating a landmark instantly recognized throughout Merritt Island and beyond. The story expanded further in 1981 under a new owner, who commissioned the addition of a tail, extended neck, and a playful cast of characters including caveman Fred, cavewoman Wilma, and four dragon hatchlings named Joy, Sunshine, Charity, and Freedom. Local lore also tells of a secret fifth hatchling, Rojak, kept hidden from view. In a rare and remarkable tribute to that history, the current owner, who is also a licensed contractor, has offered to rebuild Rojak for the future homeowner, giving the next steward the opportunity to revive a beloved piece of Space Coast mythology. With its iconic past, unrivaled setting, and boundless potential for a world-class waterfront estate, Dragon Point stands as a property without equal. Opportunities like this do not come twice. This is your moment to shape the next chapter of a site that has defined the shoreline, inspired generations, and captured imaginations for over half a century, a once-in-a-lifetime offering where history, folklore, and breathtaking natural beauty meet at the water's edge.

11680 Dragon Point Drive, Merritt Island

$4,500,000
1060014 MLS
Once in a lifetime opportunity to own an estate lot on S Tropical Trail, offering 353+/- feet of combined riverfront with 185+/- feet on the Banana River and 168 +/- feet on the Indian River. This 5.34- acre river to river property offers sweeping views to the east to capture inspiring sunrises over the Banana River and the Atlantic Ocean. Expansive westward views of sunset on the Indian River and Melbourne skyline are breathtaking. This unique property is one of the largest remaining single tracts of land and offers an abundance of trees and wildlife. Build your dream home of any size and look out over both rivers or subdivide the parcel into several magnificent waterfront homesites for a family compound or investment. Build onto the existing deep-water dock on the Indian River & add a dock or pavilion on the Banana River to enjoy sailing, kayaking, motorboating, fishing, etc. This serene, waterfront setting offers a blank canvas and an amazing river to river opportunity. A land survey and topo, along with a soil borings report are available. Recent improvements include a 1040 SF metal building with metal roof, and a poured concrete foundation which has been reinforced to accommodate a lift. Conduit is in place, and the building is ready for electrical improvements. Two ten-foot lift doors, a passenger door and windows provide access and light for a wide range of uses. The access drive has been elevated and reinforced, and the pond has been improved for proper storm water and drainage management. City water and power are currently on the property. South Tropical Trail has its own tropical ecosystem and provides outstanding growing conditions for a multitude of fruit trees, pineapple, and an abundance of flowering plants. The prolific trees and plants, along with the abundant land and marine bird and animal species that call this home, make S. Tropical Trail an unsurpassed sanctuary of tropical beauty. The Trail is spotted with both charming and posh residences as it meanders along the river's edge, shaded by beautiful palms and sprawling oaks. For this reason, walkers, runners, and cyclists frequent the scenic Trail. Both Banana and Indian Rivers offer a front row seat to marine life including manatee, dolphin, otter, and fish and provide an incredible boating and fishing playground. Whether you love to be on the water or just taking in the view from the shore, it is time to discover the allure of S. Tropical Trail and one of the last truly river-to-river estate properties available on this tropical island paradise.

6555 S Tropical Trail, Merritt Island

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