5405 Freedom Lane, Merritt Island, FL 32952

$1,500,000

Virtual Tour

https://listings.studiocli.com/videos/e949139f-5d40-4583-9724-3e3f0b766e0d

Property Type: Land Lot Size (sq. ft.): 69,696 Status: Active

Current Price: $1,500,000 List Date: 7/14/2026 Last Modified: 7/14/2026

Overview

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!

Listing Details MLS# 1082501

General Property Information

Lot Size Acres: 1.6
Lot Dimensions Source: Appraiser
Lot Size Square Feet: 69696
Association YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Body Name: Indian River
Water Frontage Feet: 160
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
List Price/Acre: 937500

Property Features

Current Use: Residential Development Status: Raw Land Listing Terms: Cash; Conventional Lot Features: Dead End Street; Easement Access; Many Trees; Wooded Possession: Close Of Escrow Road Frontage Type: Easement; Private Road Road Surface Type: Dirt Sewer: Septic Tank Showing Requirements: Appointment Only; Call Listing Agent Special Listing Conditions: Standard Utilities: Cable Available; Natural Gas Not Available; Sewer Not Available; Water Available View: Intracoastal; River; Trees/Woods; Water Water Body Access Type: Navigable; Owned Water Source: Public Waterfront Features: Intracoastal; Navigable Water; River Access; River Front

Contract Information

Original List Price: 1500000
Listing Contract Date: 2026-07-14
Property Sub Type: Unimproved Land
Comp Sale YN: No

Location Tax and Legal

Street Number: 5405
Street Name: Freedom
Street Suffix: Lane
County: Brevard
State: FL
Postal Code: 32952
MLS Area Major: 253 - S Merritt Island
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: 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!

Status Change Information

Major Change Timestamp: 2026-07-14T16:48:06Z
Major Change Type: New Listing
Status Change Timestamp: 2026-07-14

More Information

Closing Company Details

Closing Company Name: Prestige Title
Closing Company Address: 5120 US-1 #103, Melbourne, FL 32940

Location, Tax, and Legal

Tax Account: 2535630
Parcel Number: 25-37-31-00-00078.0-0000.00
General County Location: Central
Elementary School: Tropical
Middle School: Jefferson
High School: Merritt Island
Tax Annual Amount: 10695.3
Tax Year: 2025
Tax Legal Description: PART OF LOT 4 AS DESC IN ORB 5267 PG 389
Zoning Description: Residential
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.

Currently Not Used

Pool Private YN: No

Current Use

Residential: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Dead End Street: Yes
Easement Access: Yes
Many Trees: Yes
Wooded: Yes

Possession

Close Of Escrow: Yes

Water Body Access Type

Navigable: Yes
Owned: Yes

Road Frontage Type

Easement: Yes
Private Road: Yes

Road Surface Type

Dirt: Yes

Sewer

Septic Tank: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Available: Yes
Natural Gas Not Available: Yes
Sewer Not Available: Yes
Water Available: Yes

View

Intracoastal: Yes
River: Yes
Trees/Woods: Yes
Water: Yes

Water Source

Public: Yes

Waterfront Features

Intracoastal: Yes
Navigable Water: Yes
River Access: Yes
River Front: Yes

Development Status

Raw Land: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Listing Office: Coldwell Banker Realty

Last Updated: July - 14 - 2026

Information is deemed to be reliable, but is not guaranteed.