Investor Opportunity – Rare 1.36 Acre Parcel East of US1! Located in Indian River Estates, this oversized lot (198x300) offers multiple options: rebuild, redevelop, or subdivide into two parcels. Original home (2,106 sq. ft., 4BR/2.5BA with pool) was tornado-damaged, original plans, blueprints, and survey are included. The house needs to be demolished/removed. Endless potential! Property has county taxes, city water, electric, septic, and a well for sprinklers. The in-ground pool remains and may be restorable. A detached 2-story, 2-car garage with water and 100-amp electric is largely undamaged and ready to use. Prime location with huge potential for the right buyer. DO NOT ENTER HOME.
Sold for $265,000
$265,000
5717 Palmetto Drive, Fort Pierce, FL 34982
--beds
--baths
1.36Acres
Unimproved Land
Built in ----
1.36 Acres Lot
$-- Zestimate®
$--/sqft
$4,119 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,119/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Danielle Cain 772-485-7148,
Watson Realty Corp
Bought with:
Cara Caprino, 3514672
LYNQ Real Estate
Cara Caprino, 3514672
LYNQ Real Estate
Source: BeachesMLS,MLS#: F10528026
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Property
Lot
- Size: 1.36 Acres
- Dimensions: 59400
- Features: Cleared
- Residential vegetation: Fruit Trees
Details
- Additional structures: Other
- Parcel number: 340260700330006
- Zoning: RS-3 - COU
Utilities & green energy
- Water: Public, Well
Community & HOA
Community
- Subdivision: Indian River Estates
HOA
- Has HOA: No
Location
- Region: Fort Pierce
Financial & listing details
- Tax assessed value: $441,600
- Annual tax amount: $2,669
- Date on market: 9/23/2025
- Cumulative days on market: 9 days
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Sold | $265,000-11.4% |
Source:  BeachesMLS #F10528026 Report a problem | ||
| 9/23/2025 | Listed for sale | $299,000 |
Source: BeachesMLS #F10528026 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,375 -48.5% | $89,436 -44.5% |
| 2024 | $2,669 +2.4% | $161,016 +3% |
| 2023 | $2,607 +7.2% | $156,327 +3% |
| 2022 | $2,432 +0.3% | $151,774 +3% |
| 2021 | $2,426 +0.6% | $147,354 +1.4% |
| 2020 | $2,412 | $145,320 +2.3% |
| 2019 | $2,412 +1.6% | $142,053 +1.9% |
| 2018 | $2,373 +7.6% | $139,405 -34.5% |
| 2017 | $2,206 +1.3% | $212,700 +7.8% |
| 2016 | $2,176 +3.1% | $197,300 +11.8% |
| 2015 | $2,112 -1.6% | $176,400 +33.9% |
| 2014 | $2,145 | $131,747 +1.5% |
| 2013 | -- | $129,800 +0.3% |
| 2012 | -- | $129,400 -3.6% |
| 2011 | -- | $134,300 -7.8% |
| 2010 | -- | $145,700 -9.5% |
| 2009 | -- | $161,000 -5.4% |
| 2008 | -- | $170,192 +3% |
| 2007 | -- | $165,235 +2.5% |
| 2006 | -- | $161,205 +10.9% |
| 2005 | -- | $145,417 -4.3% |
| 2004 | -- | $151,951 |
| 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: 1.3 mi
- 4/10Southern Oaks Middle SchoolGrades: 6-8Distance: 2.6 mi
- 4/10Port St. Lucie High SchoolGrades: 9-12Distance: 4.2 mi
- Florida
- Saint Lucie County
- Fort Pierce
- 34982
- Indian River Estates
- 5717 Palmetto Drive
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