Once in a lifetime opportunity to own an estate lot on S Tropical Trail, offering 353+/- feet of combined riverfront with 185+/- feet on the Banana River and 168 +/- feet on the Indian River. This 5.34- acre river to river property offers sweeping views to the east to capture inspiring sunrises over the Banana River and the Atlantic Ocean. Expansive westward views of sunset on the Indian River and Melbourne skyline are breathtaking. This unique property is one of the largest remaining single tracts of land and offers an abundance of trees and wildlife. Build your dream home of any size and look out over both rivers or subdivide the parcel into several magnificent waterfront homesites for a family compound or investment. Build onto the existing deep-water dock on the Indian River & add a dock or pavilion on the Banana River to enjoy sailing, kayaking, motorboating, fishing, etc. This serene, waterfront setting offers a blank canvas and an amazing river to river opportunity. A land survey and topo, along with a soil borings report are available.
Recent improvements include a 1040 SF metal building with metal roof, and a poured concrete foundation which has been reinforced to accommodate a lift. Conduit is in place, and the building is ready for electrical improvements. Two ten-foot lift doors, a passenger door and windows provide access and light for a wide range of uses. The access drive has been elevated and reinforced, and the pond has been improved for proper storm water and drainage management. City water and power are currently on the property.
South Tropical Trail has its own tropical ecosystem and provides outstanding growing conditions for a multitude of fruit trees, pineapple, and an abundance of flowering plants. The prolific trees and plants, along with the abundant land and marine bird and animal species that call this home, make S. Tropical Trail an unsurpassed sanctuary of tropical beauty. The Trail is spotted with both charming and posh residences as it meanders along the river's edge, shaded by beautiful palms and sprawling oaks. For this reason, walkers, runners, and cyclists frequent the scenic Trail. Both Banana and Indian Rivers offer a front row seat to marine life including manatee, dolphin, otter, and fish and provide an incredible boating and fishing playground. Whether you love to be on the water or just taking in the view from the shore, it is time to discover the allure of S. Tropical Trail and one of the last truly river-to-river estate properties available on this tropical island paradise.
Lot/land
$4,500,000
6555 S Tropical Trl, Merritt Island, FL 32952
--beds
--baths
5.34Acres
Unimproved Land
Built in ----
5.34 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Outstanding growing conditionsTropical ecosystemWestward views of sunset
- 318 days
- 427
- 19
Zillow last checked:
Listing updated:
Listed by:
Bea Linda Jaffe 321-213-5885,
The Jaffe Group
Source: Space Coast AOR,MLS#: 1060014
Facts & features
Interior
Features
- Has fireplace: No
Video & virtual tour
Property
Features
- Fencing: Chain Link
- Has view: Yes
- View description: Pond, River, Trees/Woods, Intracoastal
- Has water view: Yes
- Water view: Pond,River,Intracoastal
- Waterfront features: Pond, River Front, Intracoastal
- Body of water: Indian River
Lot
- Size: 5.34 Acres
- Features: Many Trees, Wooded
Details
- Additional structures: Workshop
- Parcel number: 263707Dq00000.00004.01
- Zoning description: Residential
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Not Available, Water Available
Community & HOA
Community
- Subdivision: Dicksons Subd
HOA
- Has HOA: No
Location
- Region: Merritt Island
Financial & listing details
- Tax assessed value: $1,359,290
- Annual tax amount: $16,174
- Date on market: 6/21/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Price change | $4,500,000-6.3% |
Source: Space Coast AOR #1060014 Report a problem | ||
| 10/20/2025 | Listed for sale | $4,800,000+174.3% |
Source: Space Coast AOR #1060014 Report a problem | ||
| 12/9/2020 | Sold | $1,750,000-12.5% |
Source: Space Coast AOR #871754 Report a problem | ||
| 11/18/2020 | Pending sale | $2,000,000 |
Source: Dale Sorensen Real Estate Inc. #871754 Report a problem | ||
| 2/22/2019 | Listed for sale | $2,000,000+1233.3% |
Source: Buyers & Sellers Advg. Realty #837717 Report a problem | ||
| 5/14/2013 | Sold | $150,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,114 +1.6% | $1,359,290 -0.2% |
| 2024 | $16,848 +2.4% | $1,362,290 +0.2% |
| 2023 | $16,461 +11.2% | $1,359,930 +4.1% |
| 2022 | $14,799 +7.9% | $1,305,850 +29.9% |
| 2021 | $13,714 +42.5% | $1,005,160 +48.3% |
| 2020 | $9,623 -6.5% | $678,010 -4.4% |
| 2019 | $10,292 | $709,200 -2.3% |
| 2018 | $10,292 -4.7% | $725,590 +34% |
| 2017 | $10,803 +26.9% | $541,550 +0.5% |
| 2016 | $8,515 -3.9% | $539,010 +7% |
| 2015 | $8,859 +7.8% | $503,820 +7.7% |
| 2014 | $8,219 | $467,710 +7.7% |
| 2013 | -- | $434,180 -5.2% |
| 2012 | $7,204 -3.9% | $457,990 -0.5% |
| 2011 | $7,496 -8.3% | $460,190 -14.5% |
| 2010 | $8,173 -13.3% | $538,030 -17.2% |
| 2009 | $9,431 -11.5% | $649,660 -14.3% |
| 2008 | $10,654 -7.7% | $758,000 -3.1% |
| 2007 | $11,544 -28.1% | $782,200 -14% |
| 2005 | $16,058 +21.8% | $909,240 +27% |
| 2004 | $13,179 -7.3% | $715,880 -2.2% |
| 2003 | $14,216 +20.6% | $731,930 +21.9% |
| 2002 | $11,785 +29.8% | $600,350 +29.2% |
| 2001 | $9,077 +6.2% | $464,690 +1.3% |
| 2000 | $8,550 | $458,850 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32952
Nearby schools
Schools provided by the listing agent
- Elementary: Ocean Breeze
- Middle: DeLaura
- High: Satellite
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





