5405 Freedom Lane Merritt Island, FL $ 1,400,000
5405 Freedom Lane
$ 1,400,000
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5405 Freedom Lane

Merritt Island, FL, 32952
$ 1,400,000
Baths0.0

Monthly Estimate*

$ 9,779

5405 Freedom Lane, Merritt Island, FL 32952 - Image 1
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5405 Freedom Lane, Merritt Island, FL 32952 - Image 4
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5405 Freedom Lane, Merritt Island, FL 32952 - Image 8
5405 Freedom Lane, Merritt Island, FL 32952 - Image 9
5405 Freedom Lane, Merritt Island, FL 32952 - Image 10
5405 Freedom Lane, Merritt Island, FL 32952 - Image 11
5405 Freedom Lane, Merritt Island, FL 32952 - Image 12
5405 Freedom Lane, Merritt Island, FL 32952 - Image 13
5405 Freedom Lane, Merritt Island, FL 32952 - Image 14
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Studio

Lots and Land for sale in Merritt Island, FL

for $1,400,000. The lot size is 1.6.

Extraordinary opportunity to build your dream home directly on the Indian River in South Merritt Island. This 1.6 acre, partially cleared lot with current survey, sits just off historic South Tropical Trail, on a private road. Offering over 160 feet of Indian River frontage, privacy and a boat ramp, the opportunities are endless. Positioned between 520 and the Pineda Causeway, this lot provides easy access heading north or south, the beaches, Port Canaveral, NASA and I-95. This property is truly the epitome of what South Merritt Island is known for - a taste of Old Florida. Stocked with endless palms, oak trees and towering bamboo, and complete with nightly, lavish sunsets, this is truly Intracoastal paradise. Do not miss the chance to call this riverfront hideaway, your home!

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Lots and Land Active

Price

$ 1,400,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 9,127

Style

Unimproved Land

Lot Size

1.6

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1005727

Features
General
Sewer Unknown
Utilities Natural Gas Not Available Sewer Not Available
Possession Close Of Escrow
Pool Features None
View River
Property SubType Unimproved Land
Tax Year 2022
Current Use Residential Single Family
Waterfront Features River Front
County Brevard
Property Type Land
HOA / Comm Assn N
Subdivision Name None
Status Active
Directions From 520. Head south on S Courtenay Pkwy. Continue onto S Tropical Trail. Turn right onto Freedom Ln. Property is at the end of the road.
High School Merritt Island
City Merritt Island
Body of Water Indian River
View Y/N N
Senior Community Y/N N
MLS Area 253 - S Merritt Island
Lot Size Square Feet 69696.0
Waterfront Y/N Y
Street Name Freedom
Elementary School Tropical
Land Lease Y/N N
Tax Annual Amount 9127.57
Home Warranty Y/N N
Middle/Junior High School Jefferson
Lease Renewal Y/N N
MLS Area Minor 253 - S Merritt Island
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1005727
Standard Status Active
Legal Description PART OF LOT 4 AS DESC IN ORB 5267 PG 389
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Exterior
Lot Features Dead End Street Many Trees
Water Source None
Lot Size Area 1.6
Spa N
Lot Size Acres 1.6
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Street Suffix Lane
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 5405
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* Excluded Features
List By
Compass Florida, Llc

Broker

stacy.zeller@compass.com

Email

Affordability Calculator

$10,540
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,779
Monthly Property Taxes
$761
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1362919 Elementary School
1362970 Middle School
Merritt Island High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2024$1,400,000 Listed Price

Map


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5405 Freedom Lane, Merritt Island, FL, 32952 is a Lots and Land for sale at $1,400,000 with a lot size of 1.6. 5405 Freedom Lane is a studio with 0.0 baths. The property's zip code is 32952 which is in Merritt Island, FL