5463 Winding Way, photo 1
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Overview

0 baLand
TypeLand
HOA$150/yr
Lot73,616 sqft

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

5463 Winding Way is a home in Otter Trace, Merritt Island. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $150 annually.

From the listing

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.

The essentials

On market
24 days
Annual tax
$1,130
HOA
$150/yr
Flood zone
X · Low risk
Lot
73,616 sqft
Type
Land

At a glance

Land
Waterfront
Lagoon
1.69 acres
Lot size

Payment

Est. monthly payment
$2,279/mo
Down payment (20%)
$76,000
Property taxes
$94/mo
HOA
$150/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
73,616 sqft
Cooling
-
Heating
-
Parking
-
Waterfront
Lagoon
Days on Market
24
Flood Zone X
Annual Tax (2025)
$1,130
Parcel #
23 3625-50-*-19

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Otter Trace
County
Brevard
MLS Area
32953 - Merritt Island
Lot Size
73,616 sqft
BuildableCul-De-SacIrregular LotOversized LotRoom For PoolPavedWooded
HOA
$150/yr
Otter Trace HOA

Price history

Date
Event
Price
9/16/2026
Listed for sale
Source: Stellar MLS #GC543573
$380,000

Neighborhood

5463 Winding Way
Merritt Island, FL, 32953 · 32953 - Merritt Island

Calculator

Est. monthly payment
$2,278/mo
Principal & interest$1,982
Property taxes$94
Insurance$190
HOA$13
Down payment20% · $76,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$380,000

Time on market

24 days

Monthly payment

About $2,279/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,130 annual tax bill, insurance, and the $150/yr HOA fee.

HOA fee

$150/yr

Managed by Otter Trace HOA.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered byFLORIDA HOMES REALTY & MORTGAGE GVILLEListing agent: Alena KnoepflerListing data from Stellar MLS, MLS# GC543573.

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