Address
5405 Freedom Lane, Merritt Island, FL
Price
$ 1,400,000
Property Attributes
  • MLS#1005727
  • TypeLand
  • CountyBREVARD
  • CityMerritt Island
  • AreaS Merritt Island
  • Zip32952
  • StyleUnimproved Land
  • Taxes$ 9127
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.6 Acres
Data Source:
Space Coast AOR
Property Description

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!

Elementary School Middle School High School
Tropical Elementary School Jefferson Middle School Merritt Island High School
Price History
2/23/2024 Listed $1,400,000

General Features

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 No
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 No
Senior Community Y/N No
MLS Area 253 - S Merritt Island
Lot Size Square Feet 69696.0
Waterfront Y/N Yes
Street Name Freedom
Elementary School Tropical
Land Lease Y/N No
Tax Annual Amount 9127.57
Home Warranty Y/N No
Middle/Junior High School Jefferson
Lease Renewal Y/N No
MLS Area Minor 253 - S Merritt Island
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/spc/1005727
Standard Status Active
MobileHomeRemainsYN No
Legal Description PART OF LOT 4 AS DESC IN ORB 5267 PG 389

Interior Features

Basement (Y/N) No
Street Suffix Lane
Electric On Property Y/N No

Exterior Features

Lot Features Dead End Street,Many Trees
Water Source None
Lot Size Area 1.6
Spa No
Lot Size Acres 1.6
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32952

Price
AVG $1.13M
$1.4M
Taxes
AVG $3,300
$9,127
Visits
AVG 89
34
Data Provided by Inside Real Estate®