$4,500,000

11680 Dragon Point Dr Merritt Island, FL 32952

Estimated payment $25,086/month

Total Views 7,047
0.86 Acre
$5,232,558 Price per Acre
37,462 Sq Ft Lot

Highlights

  • 1,398 Feet of Waterfront
  • Intracoastal View
  • 0.86 Acre Lot
  • Ocean Breeze Elementary School Rated A-
  • In Ground Spa

About This Lot

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.

Co-Listing Agent

James Dandridge

One Sotheby's International License #3610969

One Sotheby's International

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,742

Lot Details

  • 37,462 Sq Ft Lot
  • 1,398 Feet of Waterfront
  • Home fronts a seawall
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • Property fronts a private road
  • Street terminates at a dead end
  • Irregular Lot
  • Cleared Lot

Property Views

  • Intracoastal
  • River
  • Bridge

Outdoor Features

  • In Ground Spa
  • Water Access

Schools

  • Ocean Breeze Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Underground Utilities
  • Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-37-11-00-00510.1-0000.00

Property Details

Property Type

Land

Est. Annual Taxes

$14,742

Lot Details

0.86 Acres

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Dead End Street, Irregular Lot
  • Road Frontage Type: Private Road
  • Road Surface Type: Concrete, Gravel, Paved
  • Reso View: Bridge(s), River, Water, Intracoastal
  • Water Body Name: Indian River
  • Co List Office Mls Id: spc.ozosi
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Financial Info Electric: Underground
  • Location Tax and Legal Parcel Number2: 27-37-11-00-00510.1-0000.00
  • Location Tax and Legal Elementary School: Ocean Breeze
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 14741.9
  • Location Tax and Legal Tax Year2: 2025
  • General Property Information Lot Size Acres: 0.86
  • General Property Information Lot Size Square Feet2: 37462.0
  • General Property Information Waterfront YN: Yes
  • Lot Features Dead End Street: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • Spa Features In Ground2: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Utilities Propane3: Yes
  • View Intracoastal: Yes
  • General Property Information Water Frontage Feet: 1398
  • Utilities Electricity Available: Yes
  • Electric Underground: Yes
  • General Property Information CDD Fee YN: No
  • Road Frontage Type Private Road: Yes
  • Waterfront Features Intracoastal2: Yes
  • Development Status Finished Lot(s): Yes
  • View Bridge(s): Yes
  • Marketing Remarks:Marketing Remarks: 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.
  • General Property Information Water Body Access YN3: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Spa Features: In Ground

Exterior Features

  • Acres: 0.86
  • Waterfront Features: Navigable Water, River Front, Seawall, Intracoastal
  • Waterfront: Yes
  • Lot Features:Irregular Lot: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:River Front: Yes
  • Waterfront Features:Navigable Water: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available, Propane
  • Water Source: Public
  • Sewer Septic Tank: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family, Unimproved
  • Lot Size Sq Ft: 37462.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-11-00-00510.1-0000.00

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 14741.9

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Map

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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
2025 $14,580 $1,242,500 -- --
2024 $13,483 $1,242,500 -- --
2023 $13,483 $1,254,490 -- --
2022 $12,247 $1,254,490 $0 $0
2021 $10,091 $792,310 $792,310 $0
2020 $9,495 $726,280 $726,280 $0
2019 $9,808 $726,280 $726,280 $0
2018 $10,095 $726,280 $726,280 $0
2017 $10,131 $672,110 $660,260 $11,850
2016 $10,586 $670,650 $660,260 $10,390
2015 $10,528 $660,260 $660,260 $0
2014 $9,375 $554,840 $544,840 $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2025 12/27/25 For Sale $7,000,000 +55.6% $1,003 / Sq Ft
12/27/2025 12/27/25 For Sale $4,500,000 +462.5% --
01/16/2015 01/16/15 Sold $800,000 -17.9% -- View Prior Sale
12/05/2014 12/05/14 Pending -- -- --
11/12/2014 11/12/14 For Sale $975,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Warranty Deed $800,000 Attorney
Warranty Deed -- Attorney
Warranty Deed -- Attorney
Warranty Deed -- Attorney
Warranty Deed $1,500,000 Alliance Title Brevard Llc
Warranty Deed -- --
Source: Public Records

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1065038

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-11-00-00510.1-0000.00

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