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St. Lucie 34951
8500 Indrio Road
$975,000
● House - Off Market

8500 Indrio Road

Fort Pierce, FL 34951
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,448 Ft²
$5,815
Est. Monthly
3.80%
Cap Rate

About This Property

This stunning two-story home is set on a private 7-acre property. The house boasts 6 brm & 4.5 baths. A charming wraparound front porch welcomes you into the well-designed 4400+ living space. The main level features 2 suites: a primary suite & a mother-in-law suite, perfect for multigenerational living or a home office. Upstairs, 4 brm and 2 baths provide flexible space for families & guests. The property includes a 894 sq. ft. barn w/ 3stalls, a tack room, & has water & elec connections for each stall. Around 2- 2.5 acres are fences pasturelands. All sizes are appox and sub. to error.
Unit Size
4,448 Ft²
Days on Market
66 days
Land Size
7.02 acres
Price per sqft
$247
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1988

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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: 2 years ago (Indian River #283665)

Price History

Date / Event Date Event Price
Feb 18, 2025 Sold
Premium
Sold
Jan 16, 2025 In contract -
In contract
Dec 14, 2024 Listed by Dale Sorensen Real Estate Inc. $1,100,000
Listed by Dale Sorensen Real Estate Inc.
Jun 29, 2000 Sold
Premium
Sold
May 6, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 2
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 816
  • Parking Space Count: 6
  • Patio Type: 79
  • Porch Type: 111
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 305,791
  • Total Building Area: 3,798
  • Gross Building Area: 8,706
  • Building Area: 4,382
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,382
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: METES AND BOUNDS
  • Land Acres: 0000007020
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 0100
  • Legal Description 1: 14 34 39 E 1/2 OF FOL DESC PROP: S 1/2 OF NE 1/4 OF SW 1/4 OF NW 1/4 AND SE 1/4 OF SW 1/4 OF NW 1/4-LESS S 60 FT- AND LESS ADD`L RD R/W MPDAF: FROM W 1/4 COR, TH N 00 37 49 E 36.09 FT, TH S 89 51 59 E 1006.27 FT, TH N 00 08 01 E 23.91 FT TO POB; TH N

Neighborhood

  • School District Name: St. Lucie County School District
  • Census Tract: 381105

Zoning

  • Zoning: AG-1 COUNT

Geography

  • Assessors Map Reference: 13/14N
  • Account Number: 5066
  • Parcel: 1314-231-0002-010-4
  • Meridian: SEC 14 TWN 34S RNG 39E
  • Municipality: SAINT LUCIE COUNTY
  • Latitude: 27.5226
  • Longitude: -80.4115

    Address

  • Full Address: 8500 Indrio Rd
  • Address - House Number: 8500
  • Address - Street Name: Indrio
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Fort Pierce
  • Carrier Code: R040
  • 4-Digit Zip Code: 1617
  • Zip Code: 34951

Valuation

    Tax

  • Total Area: 4,382
  • Tax Year: 2023
  • Tax Amount: $496,241
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 959,929
  • High Value: 1,107,358
  • Low Value: 812,501

    Market Valuation

  • Market Total Value: $937,100
  • Market Land Value: $298,400
  • Market Improvement Value: $638,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,184

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2000
  • Current Sale Recording Date: Jun 29, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 06, 1997
  • Previous Sale Contract Date: May 05, 1997
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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 St. Lucie

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$224

Below Asking

0.03%

Average Days on Market

89

Average Home Size

1881 ft²

Average Home Age

23.7 years

Currently For Sale

3151 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 5250 Oakland Lake Circle, Fort Pierce, FL, 34951

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,699 ft²
5250 Oakland Lake Circle, Fort Pierce, FL, 34951 Listing by Kim Duong

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Becky Stirrat, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 283665
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 8500 Indrio Road built and last sold?
The property at 8500 Indrio Road was built in 1988 and last sold on Jun 28, 2000 for $385,000.
How much is this home worth?
The estimated value of the home located at 8500 Indrio Road is $1,111,000.
What are some comparable homes to 8500 Indrio Road?
There are currently no comparable homes to 8500 Indrio Road.
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