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$399,000

Beds
3
Baths
2.0
sq ft
1,766

5531 Place Lake Dr, Fort Pierce, FL 34951

5531 Place Lake Dr

Fort Pierce, FL 34951

  • 48 days on market
    • Price drop $900↓
This spacious 3 bedroom 2 full bathroom home nestled in a small community called Portofino Shores. Gated and private, this community offers many amenities that include a club house with pool and gym with tennis courts to keep you active. The property boasts high ceilings and a grand double door entrance with foyer, superb curb appeal and situated on a corner lot. The owner has spared no expense in getting this home ready for sale and has replaced the concrete tile roof. Come check out this high end community.

Details

Property type

Single Family Residence

Est. home value

$342,158

Lot size

8,712 sq ft

Price per sq ft

$226

Year built

2005

Annual property taxes

$5,753

Monthly HOA fee

$175

Price History

03/27/2025
Beaches

Beaches #R11062348

Price change
$399,000
-0.23%
03/12/2025
Beaches

Beaches #R11062348

Listed
$399,900
03/01/2025
Beaches

Beaches #R11062348

Removed
$399,900

Schools & Community

Neighborhood: 

Lakewood Park

Elementary school: 

Lakewood Park

Middle school: 

Forest Grove

High school: 

Fort Pierce Central

Community features: 

Pool, Clubhouse, Gated, Sidewalks, Tennis Court(s)

Negotiation Insights

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

Seller could get up to

$154,461
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$212,619
Cash to seller
$154,461

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

March 2021

Original loan amount

$233,910

Est. remaining balance

$212,619

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Robby S Custis and Joy M Custis

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?

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Status: Active

Tomo last checked: 04/01/2025 at 4:35 PM

Listing updated: 03/27/2025 at 1:16 PM

Listed by: Will Flores Flores, Bleu Palms Real Estate Phone #: (561) 632-8960

MLS: Beaches #R11062348

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