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$790,000

Beds
Unknown
sq ft
3,588

5100 Sanibel Ave, Fort Pierce, FL 34951

5100 Sanibel Ave

Fort Pierce, FL 34951

  • 32 days on market
    • Price drop $10,000↓
Exceptional investment in Fort Pierce/Lakewood Park! This quad-plex of four units (built in 1991) is impeccably maintained with upgrades including metal roofs and all‑concrete construction. Situated on a 37,897‑sq‑ft lot in St. Lucie County, it offers an easy commute to major highways and quick access to shopping and dining. Each unit is newly renovated with private driveways, separate entrances, open floor plans with tile, and dedicated storage. Unit 5100 features 1 bed, 1 bath; Unit 5102 offers 3 beds, 2 baths, a custom kitchen, master suite, and a screened porch; while Units 5104 and 5106 are 2 bed, 1 bath layouts. Fully occupied, the property generates an annual income of $85,000.00

Details

Property type

Lot size

0.87 acres

Price per sq ft

$221

Year built

1991

Annual property taxes

$9,253

Price History

03/24/2025
Beaches

Beaches #R11066559

Price change
$790,000
-1.25%
02/27/2025
Beaches

Beaches #R11066559

Listed
$800,000
+16.79%
03/03/2023
Beaches

Beaches #R10859047

Sold
$685,000
+1.48%

Schools & Community

Neighborhood: 

Lakewood Park

Elementary school: 

Lakewood Park

Middle school: 

Dan Mccarty

High school: 

Fort Pierce Westwood Academy

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

United Wholesale Mortgage

Loan start date

May 2023

Original loan amount

$223,800

Est. remaining balance

$218,927

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Bobbie Jean Glasper

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$685,000

Est. remaining balance

$668,671

Interest rate

6.33%

Loan type

VA, 30 year

Seller

Bobbie Jean Glasper

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 7:15 PM

Listing updated: 03/24/2025 at 2:26 PM

Listed by: Jenny Rae Starts, Paradise Realty Fla Phone #: (772) 247-7110

MLS: Beaches #R11066559

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