by Global Lifestyle Properties

See Home Value
$285,000
● House - Off Market

5501 Palm Drive

Fort Pierce, FL 34982
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,836 Ft²
$306,811
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Looking for a starter home? This is your opportunity! This 4 BR, 2 Bath home has just been painted throughout. Features a large screened in patio at the entrance, an updated kitchen with newer cabinets and tile backsplash and undercabinet lighting & granite. Tiled & Wood laminate throughout. Master Bathroom is large and has a walk in closet and crown molding. There is also a screened in patio in the back, along with a  shed, a completely fenced in back yard and plenty of room for a pool! Solar panels are owned, has a tankless water heater. AC replaced in 2016.
Unit Size
1,836 Ft²
Days on Market
20 days
Land Size
0.23 acres
Price per sqft
$161
Property Type
House
Property Taxes
$68
HOA Dues
-
Year Built
1976

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Last updated: 3 months ago (Beaches MLS #R10820488)

Price History

Date / Event Date Event Price
Mar 26, 2026 Sold
Sold
Feb 12, 2026 In contract -
In contract
Feb 1, 2026 Listed by Atlantic Shores ERA Powered $355,000
Listed by Atlantic Shores ERA Powered
Welcome to this beautifully renovated home in the highly sought-after Indian River Estates community—where space, freedom, and location come together with no HOA restrictions. This home has been thoughtfully updated from top to bottom, featuring fresh interior and exterior paint, all-new flooring, and brand-new appliances (2023), including a modern tankless hot water heater. A new roof and gutters (2025) provide peace of mind for years to come. The open-concept floor plan offers 4 spacious bedrooms and 2 full bathrooms, with the added bonus of two walk-in pantries for exceptional storage. One of the oversized rooms is currently set up as a homeschool room, perfect for today's flexible lifestyles—or easily adaptable as a media room, home office, or playroom. Step outside to enjoy a large, fully fenced backyard, complete with a screened lanai ideal for relaxing or entertaining, plus an oversized shed for tools, toys, or extra storage. With plenty of room for your boat or RV, this property is a rare findjust minutes from Downtown Historic Fort Pierce, offering easy access to local shops, restaurants, and waterfront attractions. This move-in-ready home combines modern updates, generous space, and a prime locationdon't miss your chance to make it yours.
Sep 21, 2022 Sold
Sold
Jul 27, 2022 Listed by RE/MAX Masterpiece Realty $295,000
Listed by RE/MAX Masterpiece Realty
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 55
  • Porch Type: 112
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,836
  • Gross Building Area: 2,152
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RIVER ESTATES UNIT 8
  • 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-08- BLK 55 LOT 28 (MAP 34/11N)

Neighborhood

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

Zoning

  • Zoning: RS-4 COUNT

Geography

  • Assessors Map Reference: 34/11N
  • Account Number: 37693
  • Parcel: 3402-609-0126-000-1
  • Block: 55
  • Lot: 28
  • Meridian: SEC 11 TWN 36S RNG 40E
  • Municipality: SAINT LUCIE COUNTY
  • Latitude: 27.3649
  • Longitude: -80.3074

    Address

  • Full Address: 5501 Palm Dr
  • Address - House Number: 5501
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Pierce
  • Carrier Code: C039
  • 4-Digit Zip Code: 3897
  • Zip Code: 34982

Valuation

    Tax

  • Total Area: 1,836
  • Tax Year: 2023
  • Tax Amount: $482,449
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 304,027
  • High Value: 359,261
  • Low Value: 248,793

    Market Valuation

  • Market Total Value: $229,200
  • Market Land Value: $82,500
  • Market Improvement Value: $146,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,200
  • Assessed Land Value: $82,500
  • Assessed Improvements Value: $146,700

    Sales

  • Current Sale Contract Date: Sep 12, 2022
  • Current Sale Recording Date: Sep 21, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5100183
  • Previous Sale Recording Date: Mar 06, 2014
  • Previous Sale Contract Date: Feb 12, 2014
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Indian River Estates


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Frequently Asked Questions

When was property at 5501 Palm Drive built and last sold?
The property at 5501 Palm Drive was built in 1976 and last sold on Sep 12, 2022 for $285,000.
How much is this home worth?
The estimated value of the home located at 5501 Palm Drive is $0.
What are some comparable homes to 5501 Palm Drive?
There are currently no comparable homes to 5501 Palm Drive.