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Back 5501 Palm Drive
Off Market

5501 Palm Drive

Indian River Estates FL 34982

4
2
2152 sq. ft.
0.23 ac.
Single-Family
Last sold for $357,000
Jason M ColeyJason M Coley, last sold this property on 26 March 2026 after 45 days on market.

Overview

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.

Features

4 bedrooms
2 bathrooms
2152 sq. ft. floor area
0.23 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Indian River Estates over the last 12 months, the estimated median property value of 5501 Palm Drive is $422k.

Median value
$422k
Estimated value range
$180k - $1.63m
Median days on market
70
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Indian River Estates. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5501 Palm Drive

2026
Sold
$357,000
26 Mar 2026 by Jason M Coley, of ATLANTIC SHORES RLTY EXPERTISE
2022
Sold
$285,000
14 Sep 2022 by Linda Moore, of RE/MAX Masterpiece Realty
2002
Sold
$87,500
26 Apr 2002 by Jeanie Mazza, of Indian River Realty

Happy sellers in Indian River Estates

96%
96% of sellers in Indian River Estates reported that their sale price either exceeded or met their price expectations.

Indian River Estates stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Indian River Estates over the last 12 months.

Local market activity for 4 bedroom single-family properties in Indian River Estates

In the last 12 months, 36 four-bedroom single-family properties similar to 5501 Palm Drive, have been sold.

This represents a 30% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Indian River Estates

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Caitlin Steele

Caitlin Steele is a recommended agent for Indian River Estates.  They have collected 4 local reviews across the last 12 months.

  •   5   (31 reviews)
  •  4 Reviews in Indian River Estates
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Yenny Palacio

Yenny Palacio is a recommended agent for Indian River Estates.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (11 reviews)
  •  2 Reviews in Indian River Estates
  •  3 Sales in Indian River Estates
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Heidi Sanchez

Heidi Sanchez is an award winning recommended agent for Indian River Estates.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (25 reviews)
  •  2 Reviews in Indian River Estates
  •  2 Sales in Indian River Estates
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Jason M Coley

Sellers who recommend Jason M Coley have praised them for being local expert, responsive, clear communication, flexible, well-prepared, and stress-free process

  •   5   (19 reviews)
  •  1 Review in Indian River Estates
  •  7 Sales in Indian River Estates
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