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$355,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 5501 Palm Dr
General
- Price: $355,000
- Taxes: $4,358 (2025)
- Status: Active
- Type: Single Family
- Source: Regional
- MLS ID: R11159781
- Updated: 2/6/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Built-in Features, Entrance Foyer, Pantry, Separate Shower, Walk-In Closet(s)
- Appliances: Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Water Heater
- Furnishings: Unfurnished
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: Inside, Laundry Closet
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: Outdoor Living Area, Porch
- Porch/Patio/Deck: Patio, Porch, Screened
Location
- County: St Lucie
- Subdivision: INDIAN RIVER ESTATES UNIT 8
- Driving Directions: From US HWY 1 head east onto Easy St, then left onto Palm Drive
- Direction Faces: East
Community
- Community Name: 7150
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Construction: Frame
- Stories/Levels: 1
- Building Size: 2152
- Square Feet: 1,836
- Living Area: 1,836 Sq. Ft.
- Year Built: 1976
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
- Lot Features: 1/4 Acre
- Zoning: RS-4Co
Water Features
- Water Front View: None
Green Features
- Energy Generation: Solar
Financial Considerations
- Tax Amount: $4,358.02
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: INDIAN RIVER ESTATES-UNIT-08- BLK 55 LOT 28 (MAP 34/11N)
- Property ID: 340260901260001
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Schools
Schools serving 5501 Palm Dr
School District:St. Lucie County School District
| Name | Grades | Distance |
|---|---|---|
Savanna Ridge Elementary School 6801 Se Lennard Rd, Port St. Lucie, FL 34952 | PK-5 | 1.8 mi |
Rivers Edge Elementary School 5600 Ne Saint James Dr, Port St. Lucie, FL 34983 | K-5 | 2.7 mi |
Northport K-8 School 250 Nw Floresta Dr, Port St. Lucie, FL 34983 | PK-8 | 3.9 mi |
Southern Oaks Middle School 5500 Ne Saint James Dr, Port St. Lucie, FL 34983 | 6-8 | 3 mi |
Southport Middle School 2420 Se Morningside Blvd, Port St. Lucie, FL 34952 | 6-8 | 6.7 mi |
Port St. Lucie High School 1201 Se Jaguar Ln, Port St. Lucie, FL 34952 | 9-12 | 4.4 mi |
Parkway Elementary School, Port St. Lucie, FL 7000 Nw Selvitz Rd, Port St. Lucie, FL 34983 | PK-5 | 4 mi |
Floresta Elementary School 1501 Se Floresta Dr, Port St. Lucie, FL 34983 | PK-5 | 4.9 mi |
Village Green Environmental Studies School 1700 Se Lennard Rd, Port St. Lucie, FL 34952 | PK-5 | 5.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5501 Palm Dr
Date
Details
Price
Change
Source
2/01/2026
Listed
$355,000
24.56%
MLS
9/12/2022
Sold
$285,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5501 Palm Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,146
—
$245,210
3%
2024
$4,146
-14%
$238,300
4%
2023
$4,824
492%
$229,200
284%
2022
$815
-1%
$59,631
3%
2021
$822
—
$57,895
1%
2021
$822
7%
$57,096
4%
2018
$769
-6%
$54,773
-2%
2019
$822
7%
$55,813
4%
2017
$769
2%
$53,647
2%
2016
$757
-2%
$52,544
1%
2015
$771
2%
$52,179
1%
2014
$759
1%
$51,765
2%
2013
$755
—
$51,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5501 Palm Dr
5501 Palm Drive, Fort Pierce, FL 34982 (MLS# R11159781) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5501 Palm Drive is currently listed for $355,000 and was received on February 01, 2026. Want to learn more about 5501 Palm Drive? Do you have questions about finding other Single Family real estate for sale in Fort Pierce? You can browse all Fort Pierce real estate or contact a Coldwell Banker agent to request more information.

