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$1,400,000   Price Analysis
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5405 Freedom Ln
Merritt Island, FL 32952
Unknown bed 0 bath unknown SqFt ($0/SqFt)
1.6 acre lot.
Listed 2024-02-23, Taxes $9,127
Ⓧ USDA Ineligible
due to property

near Merritt Island

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 off historic South Tropical Trail, on a private rod. 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 limitless palms, oak trees and to wering bamboo and complete with nightly, lavish sunsets, this is truly Intracoastal paradise. Do not miss the chance to call this riverfront hideaway, your home!


Presented by Stacy-Anne M Zeller at
COMPASS.
Listing Agent Photo

Property MLS #1005727 from SpaceCoast

Total Bathrooms: 0

River Front

Dead End Street
Many Trees
Lot Size Acres: 1.6
Lot Size Square Feet: 69696

View: River

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Tropical
High School: Merritt Island

Thomas Jefferson Middle School is a public middle school located approximately 5.2 miles away.
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Tropical Elementary School is a public elementary school located approximately 5.8 miles away.
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Merritt Island High School is a public high school located approximately 8.2 miles away.
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Shining Starr Learning Academy Inc. is a private elementary, middle and high school located approximately 2 miles away.
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Annual Tax Amount: 9127.569999999
Source Listing Status: Active
County: Brevard
Current Use: Residential, Single Family
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.
Tax Year: 2022
Source Property Type: Land
Area: 253 - S Merritt Island
MLS Area Minor: 253 - S Merritt Island
Source Neighborhood: 253 - S Merritt Island
Parcel Number: 25-37-31-00-00078.0-0000.00
Property Subtype: Unimproved Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$662,750
$9,127
2021$unknown + $602,500
$602,500
$7,859
2020$unknown + $568,000
$568,000
$7,612
2019$unknown + $568,000
$568,000
$7,862
2018$unknown + $568,000
$568,000
$7,898
2017$unknown + $494,250
$494,250
$7,356
2016$unknown + $486,200
$486,200
$7,587
2015$unknown + $unknown
$455,010
$7,654
2014$unknown + $unknown
$413,650
$7,412
2013$unknown + $unknown
$376,050
$6,445
2012$unknown + $unknown
$376,050
$6,679
2011$unknown + $unknown
$376,050
$6,685
2010$unknown + $unknown
$539,700
$8,826
2009$unknown + $unknown
$640,750
$9,872
2008$unknown + $unknown
$756,000
$11,665
2007$unknown + $unknown
$756,000
$11,528

Listed 2024-02-23
$1,400,000
SpaceCoast
Sold 2023-07-28
$1,000,000
SpaceCoast
Sold 2004-04-22
$665,000
Public Record
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.