Mar y Sol Properties

5405 Freedom Lane, Merritt Island, FL 32952 (MLS# 1082501)


$1,500,000
5405 Freedom Lane
Merritt Island, FL 32952
MLS# 1082501


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5405 Freedom Lane
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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!

Details
Maps
Contract Information
Comp Sale YN: No
Current Price: $1,500,000
Original List Price: 1500000
List Price: $1,500,000
Status: Active
Listing Contract Date: 2026-07-14
Property Sub Type: Unimproved Land
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.
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
Currently Not Used
Pool Private YN: No
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!
Closing Company Details
Closing Company Name: Prestige Title
Closing Company Address: 5120 US-1 #103, Melbourne, FL 32940
Current Use
Residential: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Dead End Street: 1
Easement Access: 1
Many Trees: 1
Wooded: 1
Possession
Close Of Escrow: 1
Water Body Access Type
Navigable: 1
Owned: 1
Road Frontage Type
Easement: 1
Private Road: 1
Road Surface Type
Dirt: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Natural Gas Not Available: 1
Sewer Not Available: 1
Water Available: 1
View
Intracoastal: 1
River: 1
Trees/Woods: 1
Water: 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
Navigable Water: 1
River Access: 1
River Front: 1
Development Status
Raw Land: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
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
Status Change Information
Major Change Timestamp: 2026-07-14T16:48:06Z
Major Change Type: New Listing
Status Change Timestamp: 2026-07-14
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

Listing Office: Coldwell Banker Realty

Last Updated: July - 14 - 2026

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