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$795,000

Beds
2
Baths
1.0
sq ft
952

5603 S Indian River Dr, Fort Pierce, FL 34982

5603 S Indian River Dr

Fort Pierce, FL 34982

  • 1 day on market
Quaint cottage nestled on historic Indian River Drive is the perfect opportunity to purchase along the drive. This charming cottage can serve your current housing needs while you build your dream home and would later make a great guest cottage, or an excellent weekend or seasonal retreat. Resting on 1.23 acres and situated high on the drive, home has expansive views of the gorgeous Indian River and preserves beyond that towards the ocean. Current owner invested in clearing some of the land and building a beautiful deck on the approach to the river. Also built greenhouse. Incredible sunrise views. Located close to Downtown Fort Pierce, shopping, restaurants, marinas, boating, fishing, beautiful beaches, and more.

Details

Property type

Single Family Residence

Est. home value

$552,421

Lot size

1.23 acres

Price per sq ft

$836

Year built

1937

Annual property taxes

$8,072

Price History

02/08/2025
Beaches

Beaches #R11060609

Listed
$795,000
+144.62%
03/18/2019
Beaches

Beaches #R10473110

Sold
$325,000

Schools & Community

Neighborhood: 

Indian River Estates

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$589,552
Asking price
$795,000
Closing costs (~8% of asking)
-$63,600
Est. remaining loan balance
-$141,848
Cash to seller
$589,552

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

Seller’s Loan History

Lender

Capital Partners Mortgage Llc

Loan start date

March 2019

Original loan amount

$158,664

Est. remaining balance

$141,848

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Brenda A Le

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: 02/09/2025 at 8:55 PM

Listing updated: 02/09/2025 at 8:05 AM

Listed by: Nicole Ann Bertke, Real Estate of Florida Phone #: (772) 600-7400

MLS: Beaches #R11060609

Beaches logo

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