When was property at 5612 Palm Drive built and last sold?

The property at 5612 Palm Drive was built in 1978 and last sold on May 20, 2021 for $230,000.

How much is this home worth?

The estimated value of the home located at 5612 Palm Drive is $0.

What are some comparable homes to 5612 Palm Drive?

There are currently no comparable homes to 5612 Palm Drive.

Indian River Estates

34982

Indian River Estates

5612 Palm Drive

$230,000

● House - Off Market

5612 Palm Drive

Fort Pierce, FL 34982

3 Beds

2 Baths

1,161 Ft²

$267,505

RealtyHop Estimate

18.94%

Since Jun 1, 2021

National-US

Primary Model

About This Property

Oldy but goody! Perfect for the first time buyer or perhaps you are downsizing - either way you will not want to miss this one! Located in desirable neighborhood of Indian River Estates, city water and septic, no special assessment. Two screened porches, front and back, fenced yard with beautiful Areca palms which provide extra privacy. Updated kitchen and baths, pass through window from kitchen to huge Florida/family room, and home has lots of closets and storage space. Accordion shutters, washer and dryer in the garage. This home has tons of potential! Only a short walk to Palm Lake Park and minutes to Savannah State Park and our beautiful beaches and historic downtown Ft Pierce via the scenic Indian River Drive along the Intracoastal. A must see!

Unit Size

1,161 Ft²

Days on Market

50 days

Land Size

0.23 acres

Price per sqft

$194

Property Type

House

Property Taxes

$51

HOA Dues

Year Built

1978

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Beaches MLS #R10704094)

Price History

Date / Event	Date	Event
May 25, 2021	Sold	Premium
Sold
Mar 29, 2021	Listed by Compass Florida LLC	$224,900
Listed by Compass Florida LLC
Feb 18, 1998	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1978

Effective Year Built: 1978
Building Count: 1
Total Rooms: 8
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 8
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: 351
Parking Space Count: 1
Patio Type: 55
Porch Type: 77
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,000

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 800
Total Building Area: 1,512
Gross Building Area: 2,064
Building Area: 1,161
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 4
Heated Square Feet: 1,161
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 62 LOT 2 (MAP 34/11N)

Neighborhood

School District Name: St. Lucie County School District

Census Tract: 381604

Zoning

Zoning: RS-4 COUNT

Geography

Assessors Map Reference: 34/11N

Account Number: 37889
Parcel: 3402-609-0360-000-3
Block: 62
Lot: 2
Meridian: SEC 11 TWN 36S RNG 40E
Municipality: SAINT LUCIE COUNTY
Latitude: 27.3616
Longitude: -80.3069

Address

Full Address: 5612 Palm Dr

Address - House Number: 5612
Address - Street Name: Palm
Address - Suffix Type: Dr
State: FL
City Name: Fort Pierce
Carrier Code: C039
4-Digit Zip Code: 7567
Zip Code: 34982

Valuation

Tax

Total Area: 1,161

Tax Year: 2023
Tax Amount: $347,268
Tax Rate Code Area: 0002

Appraisal Valuation

Standard Deviation: 0.1923

Valuation Date: Jan 10, 2024
Confidence Score: 74
Final Value: 295,703
High Value: 352,583
Low Value: 238,823

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $217,500

Market Land Value: $82,500
Market Improvement Value: $135,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $201,056

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: May 20, 2021

Current Sale Recording Date: May 25, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 4868869
Previous Sale Recording Date: Feb 18, 1998
Previous Sale Contract Date: Feb 09, 1998
Previous Sale Amount: $54,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Due Date:

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Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Indian River Estates

Stats & Trends

Median Asking:

$357,000

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

Average Home Size

1660 ft²

Average Home Age

22.1 years

Currently For Sale

52 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

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$10,000 /mo

3 Beds
2 Baths
1,870 ft²

4220 Sunrise Boulevard, Fort Pierce, FL, 34982 Listing by Jeffrey Germano

Unit for rent at 363 Hosbine Street, Fort Pierce, FL, 34982

$2,200 /mo

3 Beds
1 Bath
1,344 ft²

363 Hosbine Street, Fort Pierce, FL, 34982 Listing by Edward Myers

Unit for rent at 8880 S Ocean Drive S, Jensen Beach, FL, 34957

$4,795 /mo

1 Bed
1,011 ft²

8880 S Ocean Drive S #1302, Jensen Beach, FL, 34957 Listing by Audrey Gordon

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Christine B. Mangold
Compass Florida LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10704094

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.

5612 Palm Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Indian River Estates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions