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Indian River Estates 34982 Indian River Estates
6011 Buchanan Drive
$55,000
● Land - Off Market

6011 Buchanan Drive

Fort Pierce, FL 34982
bedrooms
Studio
bathrooms
0 Bath
$107,288
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Great location east of US-1 near the famous Indian River. Build your big dream home here or hold for future investment. Has city water service available. The property includes three parcels totaling 1.36 acres that can be subdivided to build 2 large homes. Small canal in back of property and heavily wooded. Seller financing available with 20% down. This is the only large property for sale in the area, so don't wait!
Unit Size
-
Days on Market
359 days
Land Size
1.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$58
HOA Dues
-
Year Built
2017

Payment Calculator

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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: 10 months ago (Beaches MLS #R10042737)

Price History

Date / Event Date Event Price
May 14, 2015 Sold
Premium
Sold
May 20, 2014 Listed by Real Estate USA of South Florida Inc $59,900
Listed by Real Estate USA of South Florida Inc
Oct 10, 2002 Sold
Premium
Sold
Jun 8, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 818
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,600
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 660
  • Total Building Area: 4,251
  • Gross Building Area: 4,931
  • Building Area: 3,433
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,433
  • 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: 0000000909
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 0000
  • Legal Description 1: INDIAN RIVER ESTATES-UNIT-02- BLK 6 LOTS 64 AND 65 (0.90 AC - 39,600 SF) (MAP 34/11S) (OR 3747-784)

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: 36627
  • Parcel: 3402-603-0039-000-6
  • Block: 6
  • Lot: 64,65
  • Meridian: SEC 11 TWN 36S RNG 40E
  • Municipality: SAINT LUCIE COUNTY
  • Latitude: 27.355
  • Longitude: -80.3173

    Address

  • Full Address: 6011 Buchanan Dr
  • Address - House Number: 6011
  • Address - Street Name: Buchanan
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Pierce
  • Carrier Code: C027
  • 4-Digit Zip Code: 3201
  • Zip Code: 34982

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $633,441
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1508
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 716,933
  • High Value: 825,066
  • Low Value: 608,801

    Market Valuation

  • Market Total Value: $708,600
  • Market Land Value: $139,400
  • Market Improvement Value: $569,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,948

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2002
  • Current Sale Recording Date: Oct 10, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 08, 2001
  • Previous Sale Contract Date: Mar 15, 2001
  • Previous Sale Amount: $7,100
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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

$235

Below Asking

0.02%

Average Days on Market

82

Average Home Size

1545 ft²

Average Home Age

25.5 years

Currently For Sale

38 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 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
Unit for rent at 5113 Sunset Boulevard, Fort Pierce, FL, 34982

$2,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,456 ft²
5113 Sunset Boulevard, Fort Pierce, FL, 34982 Listing by Kristi Lux

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: David S Macri
Real Estate USA of South Florida Inc
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10042737
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 6011 Buchanan Drive built and last sold?
The property at 6011 Buchanan Drive was built in 2017 and last sold on Oct 8, 2002 for $34,000.
How much is this home worth?
The estimated value of the home located at 6011 Buchanan Drive is $0.
What are some comparable homes to 6011 Buchanan Drive?
There are currently no comparable homes to 6011 Buchanan Drive.
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