A Rare 1.69-Acre Cul-de-Sac Opportunity on Merritt Island A truly exceptional opportunity to create something special on 1.69 acres in one of Merritt Island’s most desirable natural settings. Tucked away at the end of a quiet cul-de-sac, this beautifully shaped homesite offers an unusual combination of space, privacy, mature tropical vegetation, water access, and a preserved green setting that is increasingly difficult to find. Surrounded by mature palms, lush foliage, and established greenery, the property feels private and secluded while still being connected to everything Merritt Island has to offer. The generous acreage creates room to think beyond the ordinary — design a distinctive custom home, incorporate expansive outdoor living, preserve natural buffers, and create the kind of tropical retreat that smaller homesites simply cannot provide. Opportunities of this size and character have become increasingly rare on Merritt Island. This is one of the few remaining parcels where the combination of acreage, cul-de-sac positioning, preserved green areas, water access, and an established residential setting can still come together in one property. The annual HOA is remarkably low at approximately $150 per year, making this an especially attractive setting for someone who wants privacy and beauty without the burden of a high-fee community. The location adds another layer to the appeal. Merritt Island sits in the heart of Florida’s Space Coast, close to Cape Canaveral, Cocoa Beach, the Atlantic Ocean, boating, fishing, nature preserves, and miles of shoreline. The Space Coast offers approximately 72 miles of coastline, along with beaches, wildlife areas, and direct access to many of the region’s best-known coastal attractions. Travel is convenient as well, with access to Melbourne Orlando International Airport, while Orlando International Airport and Central Florida’s major attractions remain within comfortable driving distance. The broader Space Coast area also offers easy connections toward A1A, Cocoa Beach, Cape Canaveral, Port Canaveral, and the surrounding barrier-island communities. This is not simply another vacant lot. It is the kind of property for a buyer who wants to dream bigger — someone looking for room, privacy, tropical beauty, proximity to the water, and a location that feels distinctly Florida. A rare mix of acreage, privacy, natural beauty, water access, and Space Coast lifestyle — waiting for the right owner to make it their own.
Vacant landProperty Type
1.69 acresLot Size
$224,852Price/Acres
$12/moHOA Dues
Listed by Alena Knoepfler• FLORIDA HOMES REALTY & MORTGAGE GVILLE
Located on a lagoon with water access and lagoon views
Buildable wooded lot
Cul-de-sac location
Irregular, oversized lot with room for a pool
Paved road frontage (32 feet)
Lot dimensions approximately 32 x 303 x 258 x 22 x 229
Home design
Property is land (no existing dwelling)
Zoned SR
Construction
Total acreage between 1 and less than 2 acres (approx. 1.69 acres)
Utilities
Public water
Public sewer
Other utilities available
HOA & community
Member of Otter Trace HOA; annual association fee $150 (monthly equivalent $12.50); HOA fees required
Pets allowed
Other
Directions: From central Merritt Island, take N Courtenay Pkwy (SR-3) north, turn left on Hall Rd, then right on Tropical Trail, and continue to Winding Way. Turn onto Winding Way and follow to 5463 Winding Way, Merritt Island.
Electricity and solar
View estimated energy costs and solar savings for this home
The SR suburban residential zoning classification encompasses lands devoted to single-family residential development of relatively spacious land character, together with such accessory uses as may be necessary or are normally compatible with residential surroundings.
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Single unit
Housing-Other
Golf related
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 22 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Merritt Island, FL • 32953
Average low and high temperatures (°F)
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Sun exposure
In this area, properties receive around 8.7 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
8.7 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5463 Winding Way
$371,516
$8,484 under list price of $380K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $475K to $905K.