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Indian River Estates 34982 Indian River Estates
5812 Pinetree Drive
$209,000
● House - Off Market

5812 Pinetree Drive

Fort Pierce, FL 34982
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,600 Ft²
$344,570
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Highly desirable location within Indian River Estates. 1.36 Acre Lot. One of the biggest parcels in the entire neighborhood. The entire parcel is a combination of 3 separate lots. Huge real estate potential. Community is governed by the County of St. Lucie. (NOT the city!) Extremely well maintained landscape. Beautiful trees. Unfinished Garage/Workshop behind the home. Most of the construction is complete. 3Bed/3Full Bath Home. 1600 Sq Feet. Huge Garage. Property has a private well for water. (City water available). The house needs some cosmetic work. Home does not have any appliances or AC unit. Seller is offering a $10,000 concession to buyer for a full price offer. Don't miss out on this opportunity. Call Today! Saint Lucie County Florida
Unit Size
1,600 Ft²
Days on Market
86 days
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1985

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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: 4 months ago (Beaches MLS #F10177730)

Price History

Date / Event Date Event Price
Aug 20, 2019 Sold
Premium
Sold
May 21, 2019 Listed by Nizz Realty Inc. $235,000
Listed by Nizz Realty Inc.
Dec 31, 2013 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • 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: 740
  • Parking Space Count: 6
  • Patio Type: 79
  • Porch Type: 111
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 59,400
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,980
  • Total Building Area: 2,334
  • Gross Building Area: 4,660
  • Building Area: 1,594
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,594
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RIVER ESTATES UNIT 2
  • Land Acres: 0000001364
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 0100
  • Legal Description 1: INDIAN RIVER ESTATES-UNIT-02- BLK 10 LOTS 19, 20 AND 21 (MAP 34/11S)

Neighborhood

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

Zoning

  • Zoning: RS-3 - COU

Geography

  • Assessors Map Reference: 34/11S
  • Account Number: 36661
  • Parcel: 3402-603-0118-000-4
  • Block: 10
  • Lot: 19
  • Meridian: SEC 11 TWN 36S RNG 40E
  • Municipality: SAINT LUCIE COUNTY
  • Latitude: 27.3585
  • Longitude: -80.3143

    Address

  • Full Address: 5812 Pinetree Dr
  • Address - House Number: 5812
  • Address - Street Name: Pinetree
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Pierce
  • Carrier Code: C027
  • 4-Digit Zip Code: 3256
  • Zip Code: 34982

Valuation

    Tax

  • Total Area: 1,594
  • Tax Year: 2023
  • Tax Amount: $604,519
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 447,954
  • High Value: 525,330
  • Low Value: 370,578

    Market Valuation

  • Market Total Value: $397,000
  • Market Land Value: $174,000
  • Market Improvement Value: $223,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,001

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Aug 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4607371
  • Previous Sale Recording Date: Dec 31, 2013
  • Previous Sale Contract Date: Dec 18, 2013
  • Previous Sale Amount: $131,800
  • Previous Sale Document Type: 68
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:

$354,650

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

83

Average Home Size

1540 ft²

Average Home Age

26.2 years

Currently For Sale

40 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 8880 S Ocean Drive S, Jensen Beach, FL, 34957

$4,795 /mo

  • 1 Bed
  • 1 Bath
  • 1,011 ft²
8880 S Ocean Drive S #1302, Jensen Beach, FL, 34957 Listing by Audrey Gordon
Unit for rent at 407 Willows Avenue, Port St. Lucie, FL, 34952

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,142 ft²
407 Willows Avenue, Port St. Lucie, FL, 34952 Listing by Yanyu A Mirkovich
Unit for rent at 6025 Adonidia Place, Fort Pierce, FL, 34982

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,450 ft²
6025 Adonidia Place, Fort Pierce, FL, 34982 Listing by Karen Pfalz

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Adam Michael Nisall
Nizz Realty Inc.
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# F10177730
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 5812 Pinetree Drive built and last sold?
The property at 5812 Pinetree Drive was built in 1985 and last sold on Aug 16, 2019 for $209,000.
How much is this home worth?
The estimated value of the home located at 5812 Pinetree Drive is $0.
What are some comparable homes to 5812 Pinetree Drive?
There are currently no comparable homes to 5812 Pinetree Drive.
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