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$295,000 Just Listed
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Property Description
One of the few remaining 1-acre waterfront homesites in the exclusive, private, gated community of Chase Hammock Lakes. This premium lot was thoughtfully improved in 2023 with added fill and a temporary culvert installed for convenient access. Enjoy an ideal rear eastern exposure, perfectly positioned to take in breathtaking sunrises and unforgettable rocket launch views right from your backyard. A rare opportunity to own a prime piece of land in one of the area's most sought-after communities.
Full Property Details
Full Property Details for 5367 Royal Paddock Way
General
- Price: $295,000
- HOA FEE: $150/month
- HOA FEE FREQ.: Annually
- Taxes: $2,131 (2025)
- Status: Active
- Type: Vacant Land
- Source: BrevardCounty
- MLS ID: 1072285
- Updated: 3/18/2026
- Added to Site: 1 day(s) ago
Additional Information
- Security/Safety: Security Gate
Location
- Area: 250 - N Merritt Island
- County: Brevard
- Subdivision: Chase Hammock Lakes
- Driving Directions: North Courtenay to east on Chase Hammock to north on Royal Paddock. Property is on the right near end of the street.
School Information
- Elementary School: Carroll
- Middle School: Jefferson
- High School: Merritt Island
Community
- Association: Yes
- Assoc. Name: Chase Hammock Lakes
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Water Available
Structural Information
- Current Bldg. Use: Residential, Single Family
Lot Features
- Property View: Lake, Pond, Water
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Street/Road Desc.: Concrete
- Lot Features: Cleared
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Association Fee: Yes
- Association Fee: $1,803
- Assoc Fee Freq.: Annually
- Tax Amount: $2,131.76
- Tax Year: 2025
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 23-36-25-25-0000d.0-0008.00
Listed by Real Broker LLC
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Schools
Schools serving 5367 Royal Paddock Way
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Lewis Carroll Elementary School 1 Skyline Boulevard, Merritt Island, FL 32953 | K-6 | 4.5 mi |
Merritt Island High School 100 Mustang Way, Merritt Island, FL 32953 | 9-12 | 5.6 mi |
Thomas Jefferson Middle School, Merritt Island, FL 1275 South Courtenay Parkway, Merritt Island, FL 32952 | 7-8 | 8.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5367 Royal Paddock Way
Date
Details
Price
Change
Source
3/18/2026
Listed
$295,000
103.45%
MLS
1/15/2020
Sold
$145,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5367 Royal Paddock Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,121
5%
$185,000
—
2024
$2,028
1%
$185,000
—
2023
$2,004
16%
$185,000
11%
2022
$1,722
14%
$166,500
45%
2021
$1,507
-6%
$115,000
—
2019
$1,598
2%
$115,000
5%
2018
$1,574
29%
$110,000
10%
2017
$1,218
2%
$100,000
5%
2016
$1,191
32%
$95,000
73%
2015
$904
-2%
$55,000
—
2014
$921
-3%
$55,000
—
2013
$947
—
$55,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5367 Royal Paddock Way
5367 Royal Paddock Way, Merritt Island, FL 32953 (MLS# 1072285) is a Vacant Land property with a lot size of 1 acre. 5367 Royal Paddock Way is currently listed for $295,000 and was received on March 18, 2026. Want to learn more about 5367 Royal Paddock Way? Do you have questions about finding other Vacant Land real estate for sale in Merritt Island? You can browse all Merritt Island real estate or contact a Coldwell Banker agent to request more information.

