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Indian River Estates 34982 Indian River Estates
5307 Hickory Drive
Photo of 5307 Hickory Drive
Sold on Aug 29, 2024

23

Map

Photo of 5307 Hickory Drive
Photo of 5307 Hickory Drive
$275,000
● House - Off Market

5307 Hickory Drive

Fort Pierce, FL 34982
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$1,638
Est. Monthly
10.09%
Cap Rate

About This Property

Welcome to Indian River Estates! This home features an open living area that connects to the dining area and kitchen. The kitchen boasts updated countertops and painted wooden cabinets. Bathrooms have newer vanities and mirrors. The house is ready for the new owner's finishing touches. The garage has been converted into a bedroom with a door added to the living room. Outside, enjoy a fully fenced backyard with a spacious 23x11 patio slab. Perfect for those seeking a first home in a desirable neighborhood!
Unit Size
1,456 Ft²
Days on Market
126 days
Land Size
0.23 acres
Price per sqft
$189
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1976

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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: 3 months ago (Beaches MLS #R10981307)

Price History

Date / Event Date Event Price
Aug 29, 2024 Sold
Premium
Sold
Apr 24, 2024 Listed by Platinum Living Realty $275,000
Listed by Platinum Living Realty
Sep 1, 2021 Sold
Premium
Sold
Jun 2, 2021 Listed by Platinum Living Realty $200,000
Listed by Platinum Living Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • 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: 336
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,456
  • Gross Building Area: 1,941
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RIVER ESTATES UNIT 7
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 0100
  • Legal Description 1: INDIAN RIVER ESTATES-UNIT 07- BLK 51 LOT 42 (MAP 34/02S)

Neighborhood

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

Zoning

  • Zoning: RS-4 COUNT

Geography

  • Assessors Map Reference: 34/02S
  • Account Number: 37516
  • Parcel: 3402-608-0436-000-4
  • Block: 51
  • Lot: 42
  • Meridian: SEC 02 TWN 36S RNG 40E
  • Municipality: SAINT LUCIE COUNTY
  • Latitude: 27.368
  • Longitude: -80.3054

    Address

  • Full Address: 5307 Hickory Dr
  • Address - House Number: 5307
  • Address - Street Name: Hickory
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Pierce
  • Carrier Code: C039
  • 4-Digit Zip Code: 4812
  • Zip Code: 34982

Valuation

    Tax

  • Total Area: 1,120
  • Tax Year: 2023
  • Tax Amount: $345,227
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 235,130
  • High Value: 343,086
  • Low Value: 127,173

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $82,500
  • Market Improvement Value: $117,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,000
  • Assessed Land Value: $82,500
  • Assessed Improvements Value: $117,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4917929
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:

$359,000

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

79

Average Home Size

1668 ft²

Average Home Age

23.8 years

Currently For Sale

54 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
Unit for rent at 4190 Gator Greens Way, Fort Pierce, FL, 34982

$2,475 /mo

  • 3 Beds
  • 2 Baths
  • 1,463 ft²
4190 Gator Greens Way #35, Fort Pierce, FL, 34982 Listing by Kari Lynn Reinke PA

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Billy W Langley
Platinum Living Realty
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10981307
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 5307 Hickory Drive built and last sold?
The property at 5307 Hickory Drive was built in 1976 and last sold on Aug 28, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 5307 Hickory Drive is $0.
What are some comparable homes to 5307 Hickory Drive?
There are currently no comparable homes to 5307 Hickory Drive.
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