Spanish Lakes in Port St. Lucie

Spanish Lakes
Homes for Sale in Port St. Lucie, FL

All 1,461 homes for sale in Port St. Lucie, FL · median $414,950 · St. Lucie County homes for sale

Community in Port St. Lucie · St. Lucie County · ZIP 34950
Median sale $23K
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Live Market Pulse
40/100
Market Heat
Normal for Spanish Lakes
2015 → 2026 · 83 at the 2022 peak
0 is Spanish Lakes's coldest market since 2015, 100 its hottest. Today: 40. How it's scored

Photo via Beaches MLS

Built fromLive Beaches MLS data25 years of closingsUpdated twice daily

As of September 2026, Spanish Lakes in Port St. Lucie, FL has 8 homes for sale and 3 pending, asking from $35,000 to $90,000 (median $45,450). Over the 12 months ending 2026-09-12, 9 recorded sales closed at a median of $23,000, $27 per square foot, a median 56 days on market, sellers accepting 78% of original asking (-23% versus the prior year). Homes listed or recently sold were built 1973–2024; 3 of 20 report an HOA (median $899/mo); none of the 11 geocoded homes sit in a FEMA special flood hazard zone (median elevation 16 ft). At the median price and St. Lucie County's FY2025-26 rate of 22.85 mills, annual property tax runs about $530.

Spanish Lakes key facts
LocationPort St. Lucie, St. Lucie County, FL · ZIP 34950, 34951, 34952
Home types (current listings and sales)manufactured homes 65%, mobile homes 20%, single-family 15%
Amenities listed by sellersClubhouse, Pool, Community Room, Game Room, Golf Course, Billiard Room
Sale prices, last 12 months$23,000 median across 9 closed sales · $27 per sq ft · -23.3% vs the prior 12 months
Days on market (closed sales)56 median
For sale right now8 active, 3 pending · median asking $45,450 · 10.7 months of supply

Data as of September 12, 2026. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Market figures describe homes, not residents. Cite as: Momentum Realty, “Spanish Lakes key facts,” movewithmomentum.com/neighborhoods/spanish-lakes, data as of September 12, 2026.

Last 30 days in Spanish Lakes: 1 new listing (median asking $41,000), 3 under contract right now. As of September 18, 2026, All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.

Live · Spanish Lakes Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$23K
Median sold · 12 mo
down 23.3% vs the prior 12 months
-23.3%
1-yr price change
n = 9 and 11 sales in the two windows
$27/sf
Sold $/sqft · 12 mo
peak $104 in 2022
78.3%
Sale vs ask
Tempo
10.7mo
Supply
3 to 6 months is the balanced band
56days
Median DOM · closed
8 days at the 2015 low
27%
Under contract
St. Lucie: 24% (721 of 3,038)
8 · 3
For sale · pending
live counts, refreshed twice daily
9
Sold · last 12 mo
10-yr average: about 5 a year
Track record · 25 years of records
1,350sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Spanish Lakes

Live MLS inventory for Spanish Lakes. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Spanish Lakes listings as of 2026-09-17, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Spanish Lakes is a manufactured-home community in Port St. Lucie with a median sale price of $23,000 and a median of 56 days on market. Nine closings in the trailing window show modest transaction volume, and the year-over-year price decline of 32.4% reflects both the broader deceleration in land-lease communities and the challenge of financing these assets in a rising-rate environment. At $27 per square foot, pricing is driven entirely by condition, age of unit, and lot position—this is pure shelter-cost math.

The market-heat score of 36 sits well into cool territory. Sellers should expect negotiation and realistic pricing; buyers gain leverage but must understand that cash offers dominate, and financing options remain thin. This is not an appreciating-asset play—it is a lifestyle-cost proposition for those who value low entry cost and are comfortable with lot lease and community rules.

Spanish Lakes Housing Pulse · Momentum Research · as of September 12, 2026

Spanish Lakes right now

🟢 Buyer-leaning market. 10.7 months of supply and 27% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 12, 2026. Confidence: High (11 active and pending listings, 9 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($23K) is down 23.3% from the prior 12 months ($30K). With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending September 12. Confidence: Medium (9 and 11 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 19, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Spanish Lakes market snapshot (as of September 12, 2026): the median sale price is about $23K ($27 per sq ft over the trailing 12 months of closed sales), a median 56 days on market for closed sales, and 10.7 months of supply, a buyer-leaning market. The trailing-12-month median is down 23% from the prior 12 months, computed from record-level Beaches MLS closed sales (9 closings in the current window).

In ZIP 34950 (Port St. Lucie), 545 homes closed in the last 12 months at a median of $272K ($194/sq ft), down 5.8% year over year, with a median 61 days on market. Right now 183 active and 27 pending listings put supply at about 7.1 months — a soft market. See the live ZIP 34950 housing market and the St. Lucie County market.

BeachesMLS sales records identify 113 homes in Spanish Lakes that have changed hands since 2001, built between 1971 and 2024 (median 1985), with a median living area of about 1,348 sq ft and a typical 2-bedroom, 2-bath layout. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Spanish Lakes is a manufactured-home community in Port St. Lucie where the current median price of $23K reflects both affordability and the realities of land-lease living; homes here are priced for condition and location within the park, not for equity growth.

Best for

  • Cash buyers prioritizing minimal upfront cost and willing to accept lot-lease terms and monthly rent obligations
  • Buyers seeking low-maintenance seasonal shelter without the burden of property taxes on land
  • Investors comfortable with chattel assets and able to navigate park approval and tenant placement

Probably not for

  • Buyers who need mortgage financing or expect lender cooperation on a manufactured home with land lease
  • Anyone counting on price appreciation or building equity through home ownership
  • Buyers seeking community amenities, resort-style living, or a fee-simple deed with land ownership

Windows contain 0 to 11 sales each (9 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$50K$100K$150K20122014201620182020202220242026
Down 23.3% year over year.
Every sale since 2001 · price vs size
$0$100K$200K$300K1k2k2k
60 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$25$50$75$10020122014201620182020202220242026
Up from $30 in 2012 to a $104 peak in 2022; $27 now.
Median days on market · closed sales
025507520122014201620182020202220242026
8 days at the 2015 low; 56 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
78.3% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 11 a year; 9 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning202220242026
83 at the 2022 peak, 21 in the troughs, 40 now. Same score as the hero card, full history.
How much local inventory is already under contract

27% of homes for sale in Spanish Lakes are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-19).

Spanish Lakes Market Scorecard

Buyer-leaning

Spanish Lakes is currently a buyer-leaning market. About 10.7 months of supply, a median asking price of $45,450, and homes go under contract in about 122 days.

10.7
Months supply
$45,450
Median list
$23,000
Median sold
$49
List $/sqft
122
Days on mkt
8/3/9
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Beaches MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Beaches MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • St. Lucie County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Savanna Ridge · Elementary
  • Northport K-8 · Middle
  • Port St. Lucie · High

Zoned schools reflect the assignments reported on recent Spanish Lakes listings and can change; always confirm with St. Lucie County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Spanish Lakes address.

If we were buying in Spanish Lakes today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Spanish Lakes.

Best Buy
Cash buyers seeking minimal housing cost in Port St. Lucie and comfortable with land-lease obligations.
Biggest Risk
Financing is difficult to impossible, and resale liquidity depends entirely on the next cash buyer.
Sweet Spot
A buyer with cash in hand who values low fixed costs over equity accumulation.
Avoid If
You need traditional financing, expect home-price appreciation, or want fee-simple ownership.

What drives price in a land-lease park

Manufactured homes on leased lots trade differently than fee-simple real estate. The median price of $23,000 buys the structure, not the land beneath it; monthly lot rent, park rules, and age restrictions (if any) shape the true cost of ownership. The 32.4% year-over-year price decline is partly market-wide softening and partly the compression that happens when financing dries up—most buyers here pay cash or use chattel loans, both of which narrow the pool.

At $27 per square foot, condition is everything. A well-maintained double-wide on a corner lot will command the higher end of the range; an older single-wide with deferred maintenance sits at the low end. Days on market—currently 56—suggest patient sellers fare better than urgent ones. No community amenities are identified in current listings, so buyers should verify clubhouse access, pool availability, and any HOA obligations directly with park management.

Spanish Lakes offers the lowest entry cost in the Port St. Lucie market, but it is not a path to equity. If your goal is minimal shelter expense and you are prepared for lot-lease obligations, the math works. If you need financing, resale liquidity, or appreciation potential, look elsewhere.

The location and the amenities are priced into every listing in Spanish Lakes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
0.1D · Buy Score
Recent Direction0.2/10
Liquidity & Demand0.0/10
Pricing Power0.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (0.1). Basis: Recent Direction -23.3% year-over-year; Liquidity & Demand 10.7 months of supply; Pricing Power 78.3% sale-to-list. Refreshed with each data update.

Why work with Momentum here

Manufactured-home transactions require fluency in lot-lease agreements, park approval processes, and the narrow universe of lenders willing to finance chattel property. Momentum represents buyers and sellers in Spanish Lakes with the same rigor we bring to fee-simple deals—title work, lien searches, park-document review, and honest counsel on what a unit is worth in current condition. We will walk the home with you, flag deferred maintenance, verify lot-rent escalation clauses, and tell you when the deal does not pencil. No hype, no surprises.

Spanish Lakes in 15 seconds.

Best forCash buyers seeking minimal housing cost in Port St. Lucie and comfortable with land-lease obligations.
Biggest advantageThe lowest entry price in the market—$23K median buys immediate occupancy.
Biggest riskFinancing is difficult to impossible, and resale liquidity depends entirely on the next cash buyer.
Sweet spotA buyer with cash in hand who values low fixed costs over equity accumulation.
Avoid ifYou need traditional financing, expect home-price appreciation, or want fee-simple ownership.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Spanish Lakes homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Spanish Lakes.
In short
  • HOA dues reported around $899/month (about $10,788/yr) · median of 8 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $899 per month ($10,788 a year) — the median AssociationFee across 8 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Spanish Lakes sales matched to your home.

What is your Spanish Lakes home worth?

Get a no-obligation home value based on real comparable sales in Spanish Lakes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Frequently Asked Questions

What is the median home price in Spanish Lakes?
The median sale price in Spanish Lakes was $23K over the 12 months ending September 12, 2026 (9 closed sales, Beaches MLS).
How long do homes in Spanish Lakes take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 56 days on market (9 sales, Beaches MLS).
Is Spanish Lakes a buyer's or seller's market right now?
As of September 12, 2026, Spanish Lakes leans toward buyers: 10.7 months of supply at the current sales pace (Beaches MLS live counts).
Who is the best real estate agent for Spanish Lakes?
The best agent for Spanish Lakes is one who actively works Port St. Lucie and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Spanish Lakes.
How do I find a top Port St. Lucie real estate agent who knows Spanish Lakes?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Spanish Lakes and the wider Port St. Lucie area.
Can Momentum Realty connect me with an agent for Spanish Lakes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Spanish Lakes purchase or sale - no call center and no pressure.
Where is Spanish Lakes, and what county is it in?
Spanish Lakes is in Port St. Lucie, St. Lucie County, FL, ZIP codes 34950, 34951, 34952.
Is Spanish Lakes a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Spanish Lakes: the median sale price over the last 12 months was $23K (9 sales), 94% below the Port St. Lucie median of $395K; homes took a median 56 days to go under contract; supply is 10.7 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.
Cash buyers prioritizing minimal upfront cost and willing to accept lot-lease terms and monthly rent obligationsExcellent fit
Buyers seeking low-maintenance seasonal shelter without the burden of property taxes on landExcellent fit
Investors comfortable with chattel assets and able to navigate park approval and tenant placementExcellent fit
Buyers who need mortgage financing or expect lender cooperation on a manufactured home with land leaseProbably not
Anyone counting on price appreciation or building equity through home ownershipProbably not
Buyers seeking community amenities, resort-style living, or a fee-simple deed with land ownershipProbably not

Data sources & freshness

Live listingsBeaches MLS, refreshed twice daily (last: September 17, 2026)
Community market statsBeaches MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesBeaches MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2001 (60 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Thinking of selling in Spanish Lakes? 9 recorded closings; median 56 days on market (window ending 2026-09-12). See the St. Lucie County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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