Welcome to this beautifully renovated home in the highly sought-after Indian River Estates community—where space, freedom, and location come together with no HOA restrictions.
This home has been thoughtfully updated from top to bottom, featuring fresh interior and exterior paint, all-new flooring, and brand-new appliances (2023), including a modern tankless hot water heater. A new roof and gutters (2025) provide peace of mind for years to come.
The open-concept floor plan offers 4 spacious bedrooms and 2 full bathrooms, with the added bonus of two walk-in pantries for exceptional storage. One of the oversized rooms is currently set up as a homeschool room, perfect for today's flexible lifestyles—or easily adaptable as a media room, home office, or playroom. Step outside to enjoy a large, fully fenced backyard, complete with a screened lanai ideal for relaxing or entertaining, plus an oversized shed for tools, toys, or extra storage. With plenty of room for your boat or RV, this property is a rare findjust minutes from Downtown Historic Fort Pierce, offering easy access to local shops, restaurants, and waterfront attractions. This move-in-ready home combines modern updates, generous space, and a prime locationdon't miss your chance to make it yours.
Sold for $357,000
$357,000
5501 Palm Drive, Fort Pierce, FL 34982
4beds
1,836sqft
Single Family Residence
Built in 1976
10,000 Square Feet Lot
$353,800 Zestimate®
$194/sqft
$2,441 Estimated rent
Home value
$353,800
$318,000 - $393,000
$2,441/mo
Zestimate® history
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$2,441/mo
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$2,441/mo
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$2,606/mo
Est. payment
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$2,606/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jason M Coley 772-201-5229,
Atlantic Shores ERA Powered,
Skyla Simon 404-513-4099,
Atlantic Shores ERA Powered
Bought with:
Jamey Lennane, 3558690
Charles Rutenberg Realty FTL
Source: BeachesMLS,MLS#: R11159781
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 210
- Dimensions: 15 X 14
Kitchen
- Level: Main
- Area: 187
- Dimensions: 17 X 11
Living room
- Level: Main
- Area: 210
- Dimensions: 15 X 14
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Water Heater
- Laundry: Inside, Laundry Closet
Features
- Built-in Features, Entrance Foyer, Pantry, Separate Shower, Walk-In Closet(s)
- Flooring: Ceramic Tile, Laminate
Interior area
- Total structure area: 2,152
- Total interior livable area: 1,836 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Porch, Screened
- Exterior features: Outdoor Living Area, Porch
- Waterfront features: None
Lot
- Size: 10,000 Square Feet
- Features: < 1/4 Acre
Details
- Parcel number: 340260901260001
- Zoning: RS-4Co
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- Resale
- New construction: No
- Year built: 1976
Utilities & green energy
- Electric: 3 Phase
- Utilities for property: Cable Available
Green energy
- Energy generation: Solar
Community & HOA
Community
- Subdivision: INDIAN RIVER ESTATES UNIT 8
HOA
- Has HOA: Yes
- Amenities included: None
Location
- Region: Fort Pierce
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $247,800
- Annual tax amount: $4,358
- Date on market: 2/1/2026
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Sold | $357,000+0.6%$194/sqft |
Source:  BeachesMLS #R11159781 Report a problem | ||
| 2/1/2026 | Listed for sale | $355,000+24.6%$193/sqft |
Source: BeachesMLS #RX-11159781 Report a problem | ||
| 9/14/2022 | Sold | $285,000-3.4%$155/sqft |
Source: BeachesMLS #R10820488 Report a problem | ||
| 8/25/2022 | Pending sale | $295,000$161/sqft |
Source: BeachesMLS #RX-10820488 Report a problem | ||
| 8/25/2022 | Contingent | $295,000$161/sqft |
Source: BeachesMLS #RX-10820488 Report a problem | ||
| 8/12/2022 | Pending sale | $295,000$161/sqft |
Source:  RE/MAX International #RX-10820488 Report a problem | ||
| 8/12/2022 | Contingent | $295,000$161/sqft |
Source: BeachesMLS #RX-10820488 Report a problem | ||
| 8/10/2022 | Price change | $295,000-1.7%$161/sqft |
Source: BeachesMLS #RX-10820488 Report a problem | ||
| 7/29/2022 | Listed for sale | $300,000+242.9%$163/sqft |
Source: BeachesMLS #RX-10820488 Report a problem | ||
| 5/6/2002 | Sold | $87,500+25.9%$48/sqft |
Source: Public Record Report a problem | ||
| 8/19/1999 | Sold | $69,500+3%$38/sqft |
Source: Public Record Report a problem | ||
| 3/9/1998 | Sold | $67,500$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,358 +5.1% | $245,210 +2.9% |
| 2024 | $4,146 -14.1% | $238,300 +4% |
| 2023 | $4,824 +492.2% | $229,200 +284.4% |
| 2022 | $815 -0.9% | $59,631 +3% |
| 2021 | $822 -0.3% | $57,895 +1.4% |
| 2020 | $824 | $57,096 +2.3% |
| 2019 | $824 +0.2% | $55,813 +1.9% |
| 2018 | $822 +7% | $54,773 -48.2% |
| 2017 | $769 +0% | $105,800 +25.2% |
| 2016 | $769 +1.5% | $84,500 +26.7% |
| 2015 | $757 -1.7% | $66,700 +28.9% |
| 2014 | $771 | $51,765 +1.5% |
| 2013 | -- | $51,000 +0.2% |
| 2012 | -- | $50,900 +1.8% |
| 2011 | -- | $50,000 -11.5% |
| 2010 | -- | $56,500 -17.3% |
| 2009 | -- | $68,300 -36.3% |
| 2008 | -- | $107,300 -5.5% |
| 2007 | -- | $113,493 +2.5% |
| 2006 | -- | $110,725 +3% |
| 2005 | -- | $107,500 +38.3% |
| 2004 | -- | $77,750 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: Indian River Estates
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Nearby schools
GreatSchools rating
- 4/10Savanna Ridge Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 4/10Southern Oaks Middle SchoolGrades: 6-8Distance: 2.9 mi
- 4/10Port St. Lucie High SchoolGrades: 9-12Distance: 4.4 mi
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Estimated market value
$353,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$353,800
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