5717 Palmetto Drive
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.
Selling a home in Fort Pierce? List it on the same MLS for a flat fee instead of a listing commission. Start your listing.
Listed by Watson Realty Corp · 772-335-1995
Listing data comes from the participating MLS and is provided for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties shown may be listed by brokerages other than Pure Equity Realty LLC, and are marked with the listing office’s name. Information is deemed reliable but is not guaranteed accurate by the MLS or by Pure Equity Realty LLC, and should be independently verified. Data last updated September 17, 2026.