Indian River Estates, 5717 Palmetto Dr

$299K11.4%
$265,000
1.37
Acre
Status
Sold - Oct 17, 2025
Size
1.37 Acres (5,518 m2)
Price
$193,431/Acre ($48/m2)
Type
Land
MLS Number
F10528026
On Site
351 Days
Updated
226 Days ago
Page Views
0
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.

Features

All features
  • Current Use: Other
  • Approx SqFt Total Area: 59400
  • Property SqFt: 59400
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Directions: East
  • Days on Market: 9
  • Closing Date: 2025-10-17
  • Office Name: Watson Realty Corp
  • Area: 59400
  • Taxes: 2669
  • Tax Year: 2024
  • Listing Date: 2025-09-22T20:00:00.000-00:00
  • Lot Size Square Feet: 59400

Apples-to-Apples Comparables

 Closest-Match Comparables
See closest-match comps for this subdivision
No obligation
Verified
Trends
Insights
Seller Advisory
A smarter move starts with the right information
Get a complimentary hyperlocal market review with human agent-verified comps and pricing guidance
01
Market Review
Local market intelligence
02
Verified Comps
Human agent-verified comparables
03
Pricing Guidance
Actionable pricing recommendations
Complimentary. No obligation

Price History

Current
$265K
High
$299K
Low
$265K
Total Change
-11.4%
$303K$282K$261KSep 25Oct 25Oct 25
Date
Event
Price
Change
Price Per
10/17/2025
Sold
$265K
0%
$4 ft2
$48 m2
10/19/2025
Price Reduced
$265K
-11.37%
$4 ft2
$48 m2
09/23/2025
Listed
$299K
 
$5 ft2
$54 m2
10/17/2025
$265K
Event
Sold
Change
0%
Price Per
$4 ft2
$48 m2
10/19/2025
$265K
Event
Price Reduced
Change
-11.37%
Price Per
$4 ft2
$48 m2
09/23/2025
$299K
Event
Listed
Price Per
$5 ft2
$54 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Danielle CainWatson Realty Corp • Buyer Agency Compensation .

Listing Location & Street View
MapStreet View

Peer Listings

Active listings from matched communities
Results 0 of 0
No listings found
Try adjusting your filters or changing your location to see available listings
Turn on listing alerts and we'll notify you
when matching listings appear

Scores

Walk Score®
Car-Dependent. Almost all errands require a car
6

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
27

100
Sound Score®
Bearable noise
79

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
27

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
2 – 5 BR
Bedrooms
$125K – $699K
Price Tier
884 - 5,755
SqFt Range
1985
Year Build
1
Total Floors

Subdivision Amenities

None
Park
Playground

Fort Pierce
Entry-Level
Entry-Level Homes & Condos

Indian River Estates Communities in Fort Pierce, FL