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Sold for $1,000,000
  • $1,000,000

    5405 Freedom Ln, Merritt Island, FL 32952

    --beds
    --baths
    1.6Acres
    Unimproved Land
    Built in ----
    1.6 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,240 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,240/mo

    Zestimate® history
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    What's special

    Ready to build your dream home? High and Dry waterfront lot located off highly desirable S. Tropical Trail. Over 160 feet of picturesque shoreline meander along the Indian River. 1.6 acre lot has natural coquina seawall, boat ramp, is partially cleared and surveyed. Surrounded by multi-million dollar homes, quick access to beaches, restaurants and I95.

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas Arnold 321-271-1254,

    Blue Marlin Real Estate

    Bought with:

    Stacy-Anne Marie Zeller, 3439965

    Compass Florida, LLC

    Source: Space Coast AOR,MLS#: 947908

    Facts & features

    Interior

    Features
    • Has fireplace: No

    Property

    Features
    • Waterfront features: River Front
    • Body of water: Indian River
    Lot
    • Size: 1.60 Acres
    • Features: Dead End Street, Wooded
    Details
    • Parcel number: 2537310000078.00000.00
    • Special conditions: Standard

    Utilities & green energy

    • Utilities for property: Water Available, Other

    Community & neighborhood

    Location
    • Region: Merritt Island
    • Subdivision: None

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Dirt, Gravel

    Price history

    DateEventPrice
    4/1/2025Listing removed$1,600,000
    Source: Space Coast AOR #1005727 Report a problem
    12/27/2024Price change$1,600,000-11.1%
    Source: Space Coast AOR #1005727 Report a problem
    7/17/2024Price change$1,800,000+28.6%
    Source: St Augustine St Johns County BOR #SC1019561 Report a problem
    2/23/2024Listed for sale$1,400,000+40%
    Source: Space Coast AOR #1005727 Report a problem
    7/28/2023Sold$1,000,000-16.7%
    Source: Space Coast AOR #947908 Report a problem
    2/23/2023Contingent$1,200,000
    Source: Space Coast AOR #947908 Report a problem
    10/10/2022Listed for sale$1,200,000
    Source: Space Coast AOR #947908 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,695 +0.9%$891,380
    2024$10,598 +5.9%$891,380 -0.7%
    2023$10,007 +9.6%$897,500
    2022$9,128 +16.1%$897,500 +49%
    2021$7,859 +3.2%$602,500 +6.1%
    2020$7,613 -3.2%$568,000
    2019$7,862 $568,000
    2018$7,862 -0.5%$568,000 +359.7%
    2017$7,899 +7.4%$123,562 -74.6%
    2016$7,357 -3%$486,200
    2015$7,587 +2.4%$486,200
    2014$7,413 $486,200 +29.3%
    2013-- $376,050
    2012$6,680 -0.1%$376,050
    2011$6,686 -24.3%$376,050 -30.3%
    2010$8,827 -10.6%$539,700 -15.8%
    2009$9,872 -15.4%$640,750 -15.2%
    2008$11,666 +1.2%$756,000
    2007$11,529 +25.7%$756,000 +45.7%
    2005$9,170 $518,750

    Find assessor info on the county website

    Neighborhood: 32952

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Tropical
    • Middle: Jefferson
    • High: Merritt Island

    Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.