5405 Freedom Ln Merritt Island, FL 32952

$1,600,000
1.6 acres
Land

Property details

About 5405 Freedom Ln

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!

Highlights

Home typeUnimproved Land
StatusActive
Lot size1.6 Acres
MLS #1005727
WaterfrontRiver Front
ViewRiver

Virtual tour

Summary

  • MLS Number: 1005727
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Compass Florida, LLC
  • Office Phone: (321) 214-8400
  • Office Email: brokerfl@compass.com
  • Listing Agent: Stacy-Anne Marie Zeller

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,600,000

5405 Freedom Ln

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Price information

Property sales

DateEventPrice
Aug 03, 2023
Home Sold
$1,000,000
Apr 22, 2004
Home Sold
$665,000

Tax history

YearAssessmentProperty Tax
2023$897,500$10,006

History based on county public records data.

Nearby schools

9

Suntree Elementary School

Public District KG-6

3.3 mi

900 Jordan Blass Dr

7

Ralph M. Williams Jr. Elementary School

Public District PK-6

3.4 mi

1700 Clubhouse Dr

9

Quest Elementary School

Public District KG-6

4.4 mi

8751 Trafford Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $131,416. The majority of Merritt Island, FL residents have income between $100k-200k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

11%
<35k
22%
35k-100k
40%
100k-200k
27%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

21%
Single, No Kids
5%
Single, with Kids
51%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
9%
12-17 yrs old
10%
18-34 yrs old
51%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5405 Freedom Ln

This home is located at 5405 Freedom Ln in Merritt Island, FL and zip code 32952. Features: 0 bathroom. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $1,600,000.

Over 2 listings were sold over their listed price in January 2025 in Merritt Island, FL. In the same period over 35 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Merritt Island, FL between December and January 2025 increased by 15.3%. While the average time on the market in January 2025 was 65 days, the median list price was $475,400.

From Rocket Homes Real Estate and based on county public records data.

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