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Indian River Estates 34982 Indian River Estates
5704 Myrtle Drive
$291,250
● House - Off Market

5704 Myrtle Drive

Fort Pierce, FL 34982
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,384 Ft²
$305,125
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Welcome home to 5704 Myrtle Dr! Enjoy this lovely single-story home with 3 bedrooms, 2 baths, and a 1-car garage. Featuring an open living area with vaulted ceilings, a split bedroom floor plan, and laminate flooring throughout. The updated kitchen is equipped with stainless steel appliances, and counter space with bar stool seating for two. The primary bedroom features a large walk-in closet, an updated bathroom with dual sinks, granite counter tops and walk-in shower. Living room sliding glass doors lead to screened patio with views of the spacious and fully fenced backyard. There is a gated side fence and driveway extension which allows for boat or RV storage. No HOA and County taxes only! Close to area beaches, and downtown Fort Pierce.
Unit Size
1,384 Ft²
Days on Market
71 days
Land Size
0.23 acres
Price per sqft
$217
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 8 months ago (Beaches MLS #R10862731)

Price History

Date / Event Date Event Price
Apr 13, 2023 Sold
Premium
Sold
Feb 1, 2023 Listed by Keller Williams Realty Jupiter $299,900
Listed by Keller Williams Realty Jupiter
Nov 20, 2018 Sold
Premium
Sold
Sep 21, 2018 Listed by Keller Williams Realty Jupiter $179,900
Listed by Keller Williams Realty Jupiter
Mar 8, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 308
  • Parking Space Count: 1
  • Patio Type: 5
  • 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: 1,692
  • Gross Building Area: 2,385
  • Building Area: 1,384
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,384
  • 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 61 LOT 5 (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: 37858
  • Parcel: 3402-609-0323-000-2
  • Block: 61
  • Lot: 5
  • Meridian: SEC 11 TWN 36S RNG 40E
  • Municipality: SAINT LUCIE COUNTY
  • Latitude: 27.3609
  • Longitude: -80.3078

    Address

  • Full Address: 5704 Myrtle Dr
  • Address - House Number: 5704
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Pierce
  • Carrier Code: C039
  • 4-Digit Zip Code: 7554
  • Zip Code: 34982

Valuation

    Tax

  • Total Area: 1,384
  • Tax Year: 2023
  • Tax Amount: $236,327
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 309,275
  • High Value: 365,463
  • Low Value: 253,088

    Market Valuation

  • Market Total Value: $252,400
  • Market Land Value: $82,500
  • Market Improvement Value: $169,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,723

    Sales

  • Current Sale Contract Date: Apr 13, 2023
  • Current Sale Recording Date: Apr 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5179349
  • Previous Sale Recording Date: Nov 20, 2018
  • Previous Sale Contract Date: Nov 16, 2018
  • Previous Sale Amount: $176,500
  • 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:

$359,000

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

79

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

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BEACHES

Listed by: Sarah Leahy PA
Keller Williams Realty Jupiter
Last Updated: 8 months ago
Data Source: Beaches MLS, MLS# R10862731
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 5704 Myrtle Drive built and last sold?
The property at 5704 Myrtle Drive was built in 1987 and last sold on Apr 13, 2023 for $291,250.
How much is this home worth?
The estimated value of the home located at 5704 Myrtle Drive is $0.
What are some comparable homes to 5704 Myrtle Drive?
There are currently no comparable homes to 5704 Myrtle Drive.
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