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Indian River Estates 34982 Indian River Estates
4900 Silver Oak Drive
$432,000
● House - Off Market

4900 Silver Oak Drive

Fort Pierce, FL 34982
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,782 Ft²
$440,042
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Take a look at this 1 acre  home in the desirable Indian River Estates. This home features 3 bedrooms, 2 bathrooms and 1,782sqft of living space. A 2 car garage and a work shed equipped with  a 220 volt electrical panel!  Updated kitchen with granite countertops, soft touch kitchen cabinets and drawers. Not to mention the expansive back yard with enough room for a guest home, a pool, a steel metal building to house your RV and all of your toys!The land; .91 Acres adjacent to the south is also available for purchase. RX-10786920.
Unit Size
1,782 Ft²
Days on Market
66 days
Land Size
0.91 acres
Price per sqft
$244
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1981

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Beaches MLS #R10787019)

Price History

Date / Event Date Event Price
Jun 6, 2022 Sold
Premium
Sold
Mar 27, 2022 Listed by William Raveis Palm Beach LLC $435,000
Listed by William Raveis Palm Beach LLC
Feb 19, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 586
  • Parking Space Count: 4
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,600
  • Total Building Area: 2,368
  • Gross Building Area: 3,560
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RIVER ESTATES UNIT 5
  • Land Acres: 0000000909
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 0100
  • Legal Description 1: INDIAN RIVER ESTATES-UNIT 05-BLK 27 LOTS 9 AND 10 (MAP 34/02N)

Neighborhood

  • School District Name: St. Lucie County School District
  • Census Tract: 381605

Zoning

  • Zoning: RS-3 - COU

Geography

  • Assessors Map Reference: 34/02N
  • Account Number: 36995
  • Parcel: 3402-606-0229-000-4
  • Block: 27
  • Lot: 9
  • Meridian: SEC 02 TWN 36S RNG 40E
  • Municipality: SAINT LUCIE COUNTY
  • Latitude: 27.3759
  • Longitude: -80.3101

    Address

  • Full Address: 4900 Silver Oak Dr
  • Address - House Number: 4900
  • Address - Street Name: Silver Oak
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Pierce
  • Carrier Code: C039
  • 4-Digit Zip Code: 7197
  • Zip Code: 34982

Valuation

    Tax

  • Total Area: 1,782
  • Tax Year: 2023
  • Tax Amount: $601,616
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 414,849
  • High Value: 486,507
  • Low Value: 343,191

    Market Valuation

  • Market Total Value: $332,500
  • Market Land Value: $139,400
  • Market Improvement Value: $193,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,500
  • Assessed Land Value: $139,400
  • Assessed Improvements Value: $193,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 5051064
  • Previous Sale Recording Date: Feb 19, 2008
  • Previous Sale Contract Date: Feb 19, 2008
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Indian River Estates

Stats & Trends

Median Asking:

$357,000

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1669 ft²

Average Home Age

22.6 years

Currently For Sale

51 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5113 Sunset Boulevard, Fort Pierce, FL, 34982

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,456 ft²
5113 Sunset Boulevard, Fort Pierce, FL, 34982 Listing by Angie Neris

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Trisha Hutchinson
William Raveis Palm Beach LLC
Last Updated: 2 years ago
Data Source: Beaches MLS, MLS# R10787019
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 4900 Silver Oak Drive built and last sold?
The property at 4900 Silver Oak Drive was built in 1981 and last sold on Jun 1, 2022 for $432,000.
How much is this home worth?
The estimated value of the home located at 4900 Silver Oak Drive is $0.
What are some comparable homes to 4900 Silver Oak Drive?
There are currently no comparable homes to 4900 Silver Oak Drive.
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