5405 Freedom Lane Merritt Island, FL $ 1,500,000
5405 Freedom Lane
$ 1,500,000
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5405 Freedom Lane

Merritt Island, FL, 32952
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 9,471

5405 Freedom Lane, Merritt Island, FL 32952 - Image 1
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Studio

Lots and Land for sale in Merritt Island, FL

for $1,500,000. 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

$ 1,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 10,695

Style

Unimproved Land

Lot Size

1.6

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1082501

Features
General
Sewer Septic Tank
Utilities Cable Available Natural Gas Not Available Sewer Not Available Water Available
Possession Close Of Escrow
View River Trees/Woods Water Intracoastal
Property Subtype Unimproved Land
Tax Year 2025
Current Use Residential
Waterfront Features Navigable Water River Access River Front Intracoastal
County Brevard
Property Type Land
HOA false
Subdivision Name None
Status Active
Directions From 520. 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
Senior Community Y/N false
Zoning Description Residential
MLS Area 253 - S Merritt Island
Lot Size Units Acres
Lot Size Square Feet 69696
Elementary School Tropical
Land Lease Y/N false
Tax Annual Amount 10695.3
Middle/Junior High School Jefferson
MLS Area Minor 253 - S Merritt Island
Virtual Tour https://listings.studiocli.com/videos/e949139f-5d40-4583-9724-3e3f0b766e0d
Standard Status Active
Legal Description PART OF LOT 4 AS DESC IN ORB 5267 PG 389
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Interior
Total Baths 0
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Exterior
Lot Features Dead End Street Easement Access Many Trees Wooded
Water Source Public
Lot Size Area 1.6
Lot Size Acres 1.6
Road Surface Type Dirt
Waterfront Y/N true
Road Frontage Type Easement Private Road
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* Excluded Features
List By
Coldwell Banker Realty

Broker

sold@stacyannezeller.com

Email

Affordability Calculator

$10,362
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$891
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
4812050 Elementary School
4788136 Middle School
Merritt Island High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$1,500,000 Listed Price

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5405 Freedom Lane, Merritt Island, FL, 32952 is a Lots and Land for sale at $1,500,000 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