5405 Freedom Lane

5405 Freedom Lane

Merritt Island, FL 32952

$1,400,000
Price
69,696 / 1.6
Lot Size / Acres
a view of a swimming pool with a patio and ocean view
a view of a lake
a view of a yard
a view of a balcony with an ocean
a view of yard and swimming pool
a view of outdoor space and yard
a view of yard with large trees
a view of yard with swimming pool and trees in the background
a view of a lake with a yard
a view of a lake with a building in the background
a close up of a plant in a garden
a view of balcony with wooden floor

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...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!
  1. Listed by Stacy-Anne Marie Zeller • Compass Florida, LLC

Property Details for 5405 Freedom Lane

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.
Waterfront
River Front

Location

Listing Courtesy of Compass Florida, LLC, Stacy-Anne Marie Zeller
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LISTING UPDATED: 02/23/2024 02:40 AM

Property Details for 5405 Freedom Lane

StatusActive
MLS #1005727
Days on Market68
Taxes$9,128 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size1.60 AC
CountyBrevard County

Location

Listing Courtesy of Compass Florida, LLC, Stacy-Anne Marie Zeller
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Building Information for 5405 Freedom Lane

Lot Size1.60 AC

Payment Calculator

$8,401 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$761

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5405 Freedom Lane

Summary
Location and General Information
  • City: Merritt Island
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.260983
  • Geo Lon: -80.667
  • Absolute Longitude: 80.667
  • Schools: Elementary School: Tropical
  • Schools: Middle School: Jefferson
  • Schools: High School: Merritt Island
  • General County Loc: South
  • County Sub/Condo Name: None
Taxes and HOA Information
  • Taxes: $9,127.57
  • Tax Year: 2022
  • Tax Acct: 2535630
  • Tax ID: 25-37-31-00-00078.0-0000.00
Owner
  • Co-Owner: Victor K Koellner Irrevocable Trust
Property
Lot Information
  • Lot SqFt: 69696.0
  • Picture Count: 14
  • Lot Description: Dead End Street, Many Trees
  • Acreage: 1.6
  • Var Comm: No
  • Current Adjacent Use: Residential, Single Family
Property and Assessments
  • Docs on File: 0
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: C
  • Sub Type: Unimproved Land
Utilities
  • Utilities: Sewer or Septic: Unknown
  • Utilities: Water Type: None
  • Utilities: Natural Gas Not Available, Sewer Not Available
Owner Name
  • Owner Name: Laurette T Koellner Irrevocable Trust
Interior and Exterior Features
Exterior Features
  • Pool Features: None
Multi Family
Multi-Family Information
  • Selling Terms Code: Cash, Conventional
Agent
Sale and Listing
  • Cumulative DOM: 1
  • Days On Market: 1
  • Possession: Close Of Escrow
Showing and Remarks
  • Showing: Appointment Only, Showing Service
  • Appointment Phone: ShowingTime

Property History for 5405 Freedom Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5405 Freedom Lane

Taxable ValueLand$897,500Additions-Total$897,500
Tax Record2023$10,007 ($834 / month)
Home Facts
Beds0Lot Size69,696 SqFtStyleResidentialZoningSEUCountyBREVARDAPN25-37-31-00-00078.0-0000.00

Schools near 5405 Freedom Lane

This home is within Brevard.
Rating
School
Type
Grades
Distance
Tropical Elementary School
Public - PK to 6
Merritt Island High School
Public - PK to 12
Thomas Jefferson Middle School
Public - 7 to 8
Contracted Residential Services
Public - PK to 12
Rating
School
Distance
Tropical Elementary School
PublicPK to 6

Merritt Island High School
PublicPK to 12

Thomas Jefferson Middle School
Public7 to 8

Contracted Residential Services
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5405 Freedom Lane, Merritt Island, FL 32952

5405 Freedom Lane is a 1.6 ac of land for sale in Merritt Island, FL 32952. This property was listed for sale on February 22, 2024 by Compass Florida, LLC, it's currently listed at $1,400,000. It has been on the market for a total of 68 days and was last sold on July 28, 2023. This listing's school district is Brevard. Nearby schools include Tropical Elementary School, Merritt Island High School and Thomas Jefferson Middle School. 5405 Freedom Lane is a 0-bed, 0-bath, 1.6 ac of land on a 69,696 sq. ft. / 1.6 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass Florida, LLC, Stacy-Anne Marie Zeller

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 02/23/2024 02:40 AM