Explore South Merritt Island

Watermill Real Estate

The brick-lined entry to the Watermill subdivision gives nod to the distinguished nature of the community within. Stately homes with southern Florida-style construction are meticulously maintained for a prestigious yet welcoming environment.  Tall trees draped with Spanish moss line the quiet streets and sidewalks, providing plenty of shade and character. Watermill residents enjoy an ideal location between the Merritt Island Causeway and Pineda bridges, as well as access to top-ranked schools. This family-friendly neighborhood with a deep pride of ownership could be just the place to establish your dreams.

Currently Listed; Recently Closed Watermill

624 Millwheel Drive, Merritt Island
$650,000
4 Beds ⋅ 3 Baths ⋅ 1089540 MLS
Welcome to this spacious 4-bedroom, 3-bathroom pool home with dedicated den/office space in the desirable Watermill subdivision of South Merritt Island! This charming home blends tasteful updates with distinctive rustic character, creating a warm and inviting space ready for its next owners. This home has been updated from top to bottom-inside and out! Major updates include-newer roof, AC, septic system, fence, flooring, updated kitchen and bathrooms! Adding a truly unique touch, this home features a striking accent wall crafted from reclaimed wood sourced from a 100-year-old tobacco barn in Tennessee, with matching barn wood accents throughout that give the home its signature rustic charm. With its inviting pool, picturesque lakeside setting, and extensive upgrades, this exceptional property offers the perfect combination of character, comfort, and modern convenience. Don't miss your opportunity to make this South Merritt Island beauty your own!

624 Millwheel Drive, Merritt Island
2520 Millrace Way, Merritt Island
$639,000
5 Beds ⋅ 3 Baths ⋅ 1086376 MLS
Welcome to this beautifully renovated 5-bedroom, 3-bathroom home featuring a huge garage and extensive updates throughout. From the moment you step inside, you'll appreciate the modern finishes and attention to detail that give this home a fresh, move-in-ready feel. The home features fresh interior and exterior paint, new luxury vinyl plank flooring throughout the main living areas, new carpet upstairs, new baseboards, and all-new light fixtures, ceiling fans, switches, hinges, and door hardware. The spacious floor plan offers plenty of flexibility, including a bedroom and full bathroom conveniently located downstairs. The beautifully redesigned kitchen features new 42-inch cabinets with crown molding, full quartz countertops and backsplash, and new stainless steel appliances, including a slide-in range and counter-depth refrigerator. The kitchen provides a stylish and functional space ideal for everyday living and entertaining. The primary suite features a beautifully renovated bathro bathroom with custom tile work, double sinks, two walk-in closets, a relaxing garden tub, and a frameless glass shower with a rainfall showerhead. The additional bathrooms have been refreshed with new vanities and modern finishes. Major systems include a 2013 roof and two 2018 AC systems, both professionally cleaned and serviced in August 2026, providing added peace of mind. For added peace of mind, a four-point inspection and wind mitigation report are available for review and may help with insurance discounts. Located in desirable Merritt Island and conveniently situated near the ocean, this move-in-ready home offers extensive renovations, modern finishes, generous living space, and a huge garage. This is an excellent opportunity to own a beautifully updated home in a sought-after Merritt Island area.

2520 Millrace Way, Merritt Island
696 Millwheel Drive, Merritt Island
$703,000
4 Beds ⋅ 3 Baths ⋅ 1084285 MLS
Just move-in and enjoy! :) The major updates have already been completed! Beautifully updated with 2493 square feet of living space - 4-bedroom, 3 full bath pool home in South Merritt Island with a dedicated den/office. Featuring a split floor plan with formal dining room, breakfast nook, and living room with tile feature wall w/electric fireplace. Updated kitchen with quartz countertops, stainless steel appliances, 42'' white cabinetry, large island, and soaring ceilings. Renovated primary bath offers a freestanding soaking tub, oversized walk-in shower, abundant storage, and walk-in closet. Wood-look tile flooring throughout, vaulted ceilings, plantation shutters and impact windows and doors. Screened, heated salt pool/spa with covered lanai perfect for entertaining, overlooking a private backyard. Extended 2-car garage. Major updates include 2021 roof, 2023 septic system, 2024 pool heater & pool pump, well for irrigation, and new washer and dryer included. Low HOA! NO Flood Zone 696 Millwheel Drive Merritt Island, FL 32952 is located in the established Watermill Neighborhood in South Merritt Island minutes from the beach, NASA, Blue Origin, Space X, quick commute to the Orlando airport and all Brevard County has to offer!

696 Millwheel Drive, Merritt Island
2520 Millrace Way, Merritt Island
$400,000
4 Beds ⋅ 3 Baths ⋅ 1078630 MLS
Incredible opportunity for the DIYers & Professional Flippers to create instant equity. This big 4 bedroom 3 bath home with large media/bonus room needs updating and repairs. Transform this beauty with your own special touches and create space for the entire family. Located in the highly sought after Watermill Estates. Close to shopping, schools, parks, the beach and NASA.

2520 Millrace Way, Merritt Island
733 Watermill Drive, Merritt Island
$635,000
4 Beds ⋅ 2 Baths ⋅ 1077992 MLS
New Roof! Step into your own private resort-style retreat where every detail feels straight out of a designer showcase. This beautifully upgraded home blends luxury and comfort with soaring ceilings, custom finishes, and an open-concept layout built for effortless entertaining. The chef-inspired kitchen features an oversized quartz island, remodeled cabinetry, updated lighting, and seamless flow into the spacious living and dining areas. Den can easily become office or 4th bedroom. The stunning primary suite offers a spa-like ambiance with beautifully updated bath and designer touches throughout. Enjoy Florida living at its finest in the screened pool area complete with resurfaced heated pool, rock waterfall feature, and lush privacy landscaping. Major improvements within the past 4 years include remodeled kitchen & baths, flooring, windows, paint, lighting, and more. 50-year roof 2015, HVAC 2018, water heater 2026, septic pumped & inspected. Impeccably maintained and move-in ready.

733 Watermill Drive, Merritt Island
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