26
Map
$368,000
●
House -
Off Market
5613 Palm Drive
Fort Pierce, FL 34982
3 Beds
2 Baths
2,035 Ft²
$2,397
Est. Monthly
7.13%
Cap Rate
About This Property
Seller may consider buyer concessions if made in an offer. Welcome
to a home designed for comfort and refinement. Setting the tone for
the rest of the dwelling is a neutral color paint scheme that
brings an understated elegance. Relax in the primary bathroom that
offers the luxury of a separate tub and shower, creating a retreat
for enjoyment and rejuvenation. The kitchen isn't without charm
either, boasting an array of all stainless steel appliances that
deliver both function and appeal. Find additional outdoor space in
the form of a covered patio nestled in the backyard, adding
extended tranquility for all your outdoor activities. You are
invited to explore the sophistication this property offers; seizing
this opportunity might be your best decision of the year.
Unit Size
2,035 Ft²
Days on Market
55 days
Land Size
0.23 acres
Price per sqft
$187
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
2021
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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 #R10982525)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Opendoor Brokerage LLC | $380,000 | |
| Listed by Opendoor Brokerage LLC | |||
| | |||
|
Seller may consider buyer concessions if made in an offer. Welcome to a home designed for comfort and refinement. Setting the tone for the rest of the dwelling is a neutral color paint scheme that brings an understated elegance. Relax in the primary bathroom that offers the luxury of a separate tub and shower, creating a retreat for enjoyment and rejuvenation. The kitchen isn't without charm either, boasting an array of all stainless steel appliances that deliver both function and appeal. Find additional outdoor space in the form of a covered patio nestled in the backyard, adding extended tranquility for all your outdoor activities. You are invited to explore the sophistication this property offers; seizing this opportunity might be your best decision of the year.
| |||
| Mar 2, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2019 | Sold | ||
| Sold | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indian River Estates
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Listed by: Allison T Johnston
Opendoor Brokerage LLC
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10982525
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.
Opendoor Brokerage LLC
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10982525
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