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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
    $2,500 Estimated rent

    Home value

    $353,800

    $318,000 - $393,000

    $2,500/mo

    Zestimate® history
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    What's special

    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.

    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#: R11159781MLS LogoOriginating MLS: BeachesMLS

    Facts & 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 sqft
    • 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 & neighborhood

    Location
    • Region: Fort Pierce
    • Subdivision: INDIAN RIVER ESTATES UNIT 8

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    3/26/2026Sold$357,000+0.6%$194/sqft
    Source: BeachesMLS #R11159781 Report a problem
    2/1/2026Listed for sale$355,000+24.6%$193/sqft
    Source: BeachesMLS #RX-11159781 Report a problem
    9/14/2022Sold$285,000-3.4%$155/sqft
    Source: BeachesMLS #R10820488 Report a problem
    8/25/2022Pending sale$295,000$161/sqft
    Source: BeachesMLS #RX-10820488 Report a problem
    8/25/2022Contingent$295,000$161/sqft
    Source: BeachesMLS #RX-10820488 Report a problem
    8/12/2022Pending sale$295,000$161/sqft
    Source: RE/MAX International #RX-10820488 Report a problem
    8/12/2022Contingent$295,000$161/sqft
    Source: BeachesMLS #RX-10820488 Report a problem
    8/10/2022Price change$295,000-1.7%$161/sqft
    Source: BeachesMLS #RX-10820488 Report a problem
    7/29/2022Listed for sale$300,000+242.9%$163/sqft
    Source: BeachesMLS #RX-10820488 Report a problem
    5/6/2002Sold$87,500+25.9%$48/sqft
    Source: Public Record Report a problem
    8/19/1999Sold$69,500+3%$38/sqft
    Source: Public Record Report a problem
    3/9/1998Sold$67,500$37/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Nearby schools

    GreatSchools rating
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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