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DockOnly™ and Dock Score™ are trademarks of Blue Mar Real Estate Group Inc.

Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker

Blue Mar Real Estate Group Inc.

Licensed Florida Real Estate Broker · DBPR License CQ1018554

4000 Ponce De Leon Blvd, Suite 470, Coral Gables, FL 33146

[email protected]

Listing data is provided by participating Multiple Listing Services and is deemed reliable but not guaranteed. Each listing's MLS source and its required disclosures appear with that listing. Dock Score™ is a DockOnly.com rating and is not provided by or affiliated with any MLS or listing broker. NOAA chart data is public domain and for reference only, not for navigation. Full MLS Compliance

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+20

5137 Royal Paddock Way

Merritt Island, FL, 32953

Active

$1,450,000

5137 Royal Paddock Way

Merritt Island, FL, 32953

Active

$1,450,000

6

Bedrooms

4

Bathrooms

4,327 sqft

Living Area

2005

Year Built

$1,450,000Tour the dockSchedule a Showing

43,560

Lot Size (sqft)

$1,600

HOA / Annually

Days on Market

Dock & Water AccessMLS

Pond

AI Aerial Imagery Detection

Seawall DetectedDeep Water Indicators

Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

An extraordinary opportunity to own a custom-built estate crafted by one of the region's most respected luxury builders, originally constructed as a personal residence and perfectly situated on a full acre of beautifully landscaped grounds. Ideally located just minutes from Cocoa Beach, the world-famous shoreline, Port Canaveral, premier shopping, and renowned restaurants--yet privately tucked away within its own peaceful sanctuary. From the elegant old-world textured exterior to the travertine flooring throughout, every detail reflects timeless craftsmanship and refined design. Recent upgrades include a brand-new roof, Viking refrigerator with premium Viking appliances, new water heater, custom front entry door, and new washer. At the heart of the home is a chef's island kitchen featuring rich cherry cabinetry with chocolate glaze, granite countertops, and high-end finishes. The luxurious primary suite offers a spa-inspired bath with soaking tub, wrap-around dual-entry shower, private vanities, and a spacious walk-in closet. Outdoors, a private resort setting awaits with a heated lagoon-style pool, screened lanai with summer kitchen, lush tropical landscaping, and mature fruit trees creating the ultimate Florida retreat. The versatile floor plan includes a refined front office, a private two-bedroom guest wing with full bath, a separate rear guest suite, and an upstairs sixth-bedroom retreat with media/playroom and private balcony, all complemented by a renovated four-car garage complete with EV charging. Thoughtfully designed and impeccably executed, this is more than a residence--it is a legacy estate crafted for luxury living, entertaining, and enduring value.

Schedule a Showing

See the property and tour the dock. A licensed waterfront specialist will arrange your private showing.

Select a date

Location

Merritt Island, FL, 32953

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of One Sotheby's International via Space Coast MLS

Last updated: 6/26/2026

© 2026 Space Coast Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Space Coast Association of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone X
BFE: -9999ft

Minimal Flood Hazard

View FEMA Flood Map →
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Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$290,000 down

%
Principal & Interest$7,524/mo
Property Tax (est. ~1.2%, varies by county)$1,450/mo
Home Insurance (est.)$250/mo
HOA Fees$133/mo
Total Monthly Payment$9,357
Loan Amount: $1,160,000Rate: 6.75%
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