Seller Says Sell — Priced More Than a Quarter Million Dollars Below Recent Certified Appraisal !!! The Peninsula Estate is gracefully set upon more than an acre of land with approximately 650 feet of extraordinary water frontage, offering one of the most private and captivating waterfront settings along Florida's coveted Treasure Coast. Positioned on a rare peninsula within the exclusive gated community of Bay St. Lucie, the property is surrounded by sweeping panoramic views of the St. Lucie River, creating the feeling of a secluded island retreat. The residence encompasses over 8,467 square feet of refined living space, thoughtfully designed to capture the beauty of its surroundings. Elegant marble flooring, expansive living and river vistas from nearly every room, seamlessly connecting the interior spaces with the serene waterfront landscape. A separate guest residence offers private entertaining areas, a gourmet kitchen, and a distinguished library with fireplace reflect both comfort and sophistication. Walls of glass frame spectacular accommodations ideal for extended family or visiting guests. The estate's expansive grounds and remarkable peninsula setting present exceptional possibilities for a private family compound, executive retreat, or luxury waterfront sanctuary. Outdoors, private docks with 30,000 lb. and 10,000 lb. boat lifts and a resort-style pool overlook the tranquil waters of the St. Lucie River, completing this extraordinary waterfront offering. The Peninsula Estate represents a rare legacy property where privacy, scale, and natural beauty converge. Additional details and property information available in the MLS.
Sold for $3,350,000
$3,350,000
12198 SE Riverbend Lane, Port St Lucie, FL 34984
6beds
8,467sqft
Single Family Residence
Built in 1994
-- sqft lot
$3,349,200 Zestimate®
$396/sqft
$7,102 Estimated rent
Home value
$3,349,200
$3.05M - $3.65M
$7,102/mo
Zestimate® history
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List your homeWhat's special
Gourmet kitchenElegant marble flooringDistinguished library with fireplace
Zillow last checked:
Listing updated:
Listed by:
Eric C Pruitt 561-346-0555,
RE/MAX Select Group,
Patrick A. Stracuzzi 772-283-9991,
RE/MAX Community
Bought with:
Eric C Pruitt, 364652
RE/MAX Select Group
Patrick A Stracuzzi Sr, 3048544
RE/MAX Select Group
Source: BeachesMLS,MLS#: B26002620
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Area: 693
- Dimensions: 33 X 21
Primary bedroom
- Area: 693
- Dimensions: 33 X 21
Bedroom 2
- Area: 352
- Dimensions: 22 X 16
Bedroom 2
- Area: 352
- Dimensions: 22 X 16
Bedroom 3
- Area: 210
- Dimensions: 15 X 14
Bedroom 3
- Area: 210
- Dimensions: 15 X 14
Bedroom 4
- Area: 350
- Dimensions: 25 X 14
Bedroom 4
- Area: 350
- Dimensions: 25 X 14
Den
- Description: Custom Library
- Area: 506
- Dimensions: 23 X 22
Den
- Description: Custom Library
- Area: 506
- Dimensions: 23 X 22
Dining room
- Area: 374
- Dimensions: 22 X 17
Dining room
- Area: 374
- Dimensions: 22 X 17
Kitchen
- Area: 378
- Dimensions: 27 X 14
Kitchen
- Area: 378
- Dimensions: 27 X 14
Living room
- Area: 560
- Dimensions: 28 X 20
Living room
- Area: 560
- Dimensions: 28 X 20
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Washer
- Laundry: Inside, Main Level, Lower Level, Laundry Room, Laundry Tub, Multiple Locations, Sink
Features
- Wet Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Garden Tub/Roman Tub, Kitchen Island, Multiple Primary Suites, Multiple En Suite Bathrooms, Pantry, Sitting Area in Primary, Storage, Separate Shower, Bar, Walk-In Closet(s)
- Flooring: Carpet, Marble, Wood
- Windows: Sliding, Storm Window(s)
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 13,720
- Total interior livable area: 8,467 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Driveway, Garage, Garage Door Opener
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, Screened, Wrap Around, Balcony, Rooftop
- Exterior features: Balcony, Outdoor Living Area
- Has private pool: Yes
- Pool features: Gas Heat, Heated, In Ground, Private, Waterfall, Outside Bath Access
- Has view: Yes
- View description: Preserve, River, Water
- Has water view: Yes
- Water view: River,Water
- Waterfront features: Navigable Water, No Fixed Bridges, Ocean Access, Point Lot, River Front, River Access, Seawall
- Frontage type: Waterfront
- Frontage length: 650.00,650.00
Lot
- Features: Irregular Lot, Sprinklers Automatic, Sprinkler System
Details
- Additional structures: Other
- Parcel number: 442250200250000
- Zoning: Residential
- Special conditions: Standard,Listed As-Is
- Other equipment: Call Listing Agent, Generator
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Barrel
Condition
- Resale
- New construction: No
- Year built: 1994
Utilities & green energy
- Electric: Circuit Breakers, Generator
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Connected, Electricity Connected, Propane, Sewer Not Available, Water Connected
Community & HOA
Community
- Features: Home Owners Association, Gated
- Security: Security System, Closed Circuit Camera(s), Gated Community
- Subdivision: Bay St. Lucie
HOA
- Has HOA: Yes
- Amenities included: None
- Services included: Common Areas, Reserve Fund, Security
- HOA fee: $2,750 annually
- HOA name: Community First Management
- HOA phone: 954-603-8524
Location
- Region: Port Saint Lucie
Financial & listing details
- Price per square foot: $396/sqft
- Tax assessed value: $4,713,000
- Annual tax amount: $44,124
- Date on market: 3/25/2026
- Cumulative days on market: 118 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Sold | $3,350,000-16.2%$396/sqft |
Source:  BeachesMLS #B26002620 Report a problem | ||
| 7/21/2026 | Pending sale | $3,999,888$472/sqft |
Source: BeachesMLS #B26002620 Report a problem | ||
| 6/13/2026 | Price change | $3,999,888-5.9%$472/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M20054859 Report a problem | ||
| 5/19/2026 | Price change | $4,250,000-14.9%$502/sqft |
Source: BeachesMLS #B26002620 Report a problem | ||
| 4/27/2026 | Price change | $4,995,000-16.7%$590/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20054859 Report a problem | ||
| 3/25/2026 | Listed for sale | $5,999,888+215.8%$709/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20054859 Report a problem | ||
| 1/20/2011 | Sold | $1,900,000-22.4%$224/sqft |
Source: Public Record Report a problem | ||
| 10/5/2010 | Listing removed | $2,450,000$289/sqft |
Source: Prudential Florida Realty #343210 Report a problem | ||
| 5/21/2010 | Price change | $2,450,000-5.8%$289/sqft |
Source: Prudential Florida Realty #343210 Report a problem | ||
| 12/4/2009 | Listed for sale | $2,600,000$307/sqft |
Source: Prudential Florida Realty #343210 Report a problem | ||
| 8/2/2009 | Listing removed | $2,600,000$307/sqft |
Source: Prudential Florida Realty #3005812 Report a problem | ||
| 3/14/2009 | Listed for sale | $2,600,000$307/sqft |
Source: Listhub #3005812 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $44,123 +0.2% | $2,322,146 +2.9% |
| 2024 | $44,050 +1.8% | $2,256,702 +3% |
| 2023 | $43,285 +2.4% | $2,190,973 +3% |
| 2022 | $42,286 -0.8% | $2,127,159 +3% |
| 2021 | $42,606 +0.2% | $2,065,203 +1.4% |
| 2020 | $42,537 | $2,036,690 +2.3% |
| 2019 | $42,537 +1% | $1,990,900 +15.3% |
| 2018 | $42,102 +16.6% | $1,727,000 -14.3% |
| 2017 | $36,120 -17.6% | $2,014,900 -0.3% |
| 2016 | $43,818 +4.1% | $2,020,200 +7.7% |
| 2015 | $42,106 +5% | $1,876,000 +0.2% |
| 2014 | $40,113 | $1,871,900 +2.4% |
| 2013 | -- | $1,828,700 -0.5% |
| 2012 | -- | $1,838,200 -0.1% |
| 2011 | -- | $1,839,400 -1.1% |
| 2010 | -- | $1,859,300 -6.2% |
| 2009 | -- | $1,981,600 -17.8% |
| 2008 | -- | $2,409,900 -9.6% |
| 2007 | -- | $2,666,000 |
| 2006 | -- | $2,666,000 +65.9% |
| 2005 | -- | $1,607,200 +10.4% |
| 2004 | -- | $1,455,500 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: 34984
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Nearby schools
GreatSchools rating
- 9/10Morningside Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 7/10Southport Middle SchoolGrades: 6-8Distance: 2.2 mi
- 4/10Port St. Lucie High SchoolGrades: 9-12Distance: 4.9 mi
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Estimated market value
$3,349,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,349,200
- Florida
- Saint Lucie County
- Port Saint Lucie
- 34984
- 12198 SE Riverbend Lane
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