Indian River Drive
Homes for Sale in Fort Pierce, FL

All 855 homes for sale in Fort Pierce, FL · median $315,000 · 94 homes for sale in 34947 · St. Lucie County homes for sale

Community in Fort Pierce · St. Lucie County · ZIP 34947
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Built fromLive Beaches MLS data25 years of closingsUpdated twice daily

As of September 2026, the MLS records 30 closed sales in Indian River Drive in Fort Pierce, FL since 2001, the most recent in May 2024. Recorded prices across those 30 sales ran from $50,000 to $3,700,000 (median $400,000), on homes of 1,000 to 5,800 sq ft. Across Fort Pierce as a whole, 675 homes closed in the last 12 months at a median of $319,000, 76 median days on market, with 344 homes for sale today. At that median and St. Lucie County's FY2025-26 rate of 22.85 mills, annual property tax runs about $9,140 ($8,160 with the full homestead exemption).

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

Indian River Drive is a location story more than a subdivision story. It runs along the water in Fort Pierce, and on this stretch price is driven far less by any set floor plan or amenity package than by the specific parcel: how it sits relative to the water, its elevation and lot, and the condition of whatever structure is on it. Expect a wide spread between listings, because you are really pricing land and position, not a repeatable product.

The current snapshot shows no closings in the window we track, so there is no fresh comparable to anchor either side. That thin data is itself the signal here: sellers should not assume a headline number will carry an atypical property, and buyers should slow down, underwrite the parcel on its own merits, and lean on older sales and hard condition assessments rather than a neat market average.

Nearby homes for sale

No active listings inside Indian River DriveHomes for Sale in Fort Pierce, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

5010 Hickory Drive
$340K · 0.4 mi away
3 bd · 2 ba · 1,271 sqft
5010 Hickory Drive
Listed by One Sotheby's International Realty
5200 Hickory Drive
$382K · 0.5 mi away
3 bd · 2 ba · 1,206 sqft
5200 Hickory Drive
Listed by LGI Realty- Florida, LLC
5105 Birch Drive
$322K · 0.5 mi away
3 bd · 2 ba · 1,260 sqft
5105 Birch Drive
Listed by Five K Properties, LLC
4904 Myrtle Drive
$295K · 0.5 mi away
4 bd · 2 ba · 1,404 sqft
4904 Myrtle Drive
Listed by LAER Realty Partners Bowen/PSL
4800 MYRTLE Drive
$549K · 0.6 mi away
4 bd · 4 ba · 2,796 sqft
4800 MYRTLE Drive
Listed by LYNQ Real Estate
5301 Sunset Boulevard
$350K · 0.6 mi away
3 bd · 2 ba · 1,400 sqft
5301 Sunset Boulevard
Listed by LPT Realty, LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Indian River Drive is a waterfront-corridor address in Fort Pierce, St. Lucie County, where each property trades on its own lot and position rather than as part of a uniform community, and current MLS listings identify no shared amenities.

BeachesMLS sales records identify 19 homes in Indian River Drive that have changed hands since 2001, built between 1925 and 2013 (median 1957), with a median living area of about 2,413 sq ft and a typical 3-bedroom, 3-bath layout; 100% are single-family homes. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers who want a waterfront-corridor position and will pay for the lot and location rather than a floor plan
  • Buyers comfortable underwriting a property on its own condition and coastal exposure, with a budget that flexes to the parcel
  • Long-horizon buyers who value the fixed advantage of the site over turnkey convenience

Probably not for

  • Buyers who need a clear market comparable and a predictable price before they commit
  • Buyers who want built-in amenities like a pool, clubhouse, or shared facilities
  • Buyers on a fixed budget with no room for coastal diligence costs such as flood, insurance, or seawall and dock work

The market around Indian River Drive

Indian River Drive is too small for its own price trend, so here is the market around it.

In ZIP 34947, 115 homes are on the market and 17% are under contract — a slower corner of Fort Pierce.

Across St. Lucie County, 2,467 homes are active and 743 pending (23% under contract).

In ZIP 34947 (Fort Pierce), 38 homes closed in the last 12 months at a median of $348K ($178/sq ft), down 3.5% year over year, with a median 44 days on market. Right now 8 active listings put supply at about 16.0 months — a soft market. See the live ZIP 34947 housing market and the St. Lucie County market.

ZIP and county figures describe the wider market, not Indian River Drive specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Indian River Drive, Fort Pierce

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 2 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-19)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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.

If we were buying in Indian River Drive 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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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 Indian River Drive.

Best Buy
Buyers focused on a specific waterfront parcel in Fort Pierce rather than a turnkey, amenity-driven community.
Biggest Risk
Thin recent sales and no set amenities make pricing property-by-property and harder to benchmark.
Sweet Spot
A well-sited lot whose condition and coastal exposure hold up to close inspection.
Avoid If
You want a predictable, comparable price and shared community amenities.

Pricing a corridor, not a subdivision

There is no amenity layer to lean on here — no clubhouse, pool, or shared facilities show up in current listings — so value comes down to the intangibles of the site itself. Frontage, orientation to the water, buildable lot, and the age and condition of the home do the heavy lifting. Two addresses on the same road can justify very different numbers, and neither is wrong; they are simply different parcels.

That makes diligence the whole ballgame. Because this is a waterfront corridor, coastal factors — elevation, insurance and flood posture, seawall and dock condition where they apply, and how a structure has held up — matter as much as square footage. Treat any single asking price as a starting hypothesis to be tested against the specific property, not as a market rate you can generalize across the road.

“

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When the trailing data is thin and value is parcel-specific, a broker's job is to underwrite the individual property rather than parrot an average. We know this waterfront corridor, we will walk the lot, the structure, and the coastal exposure with you, and we will tell you plainly when a listing's price is doing more work than the property can support.

Indian River Drive in 15 seconds.

Best forBuyers focused on a specific waterfront parcel in Fort Pierce rather than a turnkey, amenity-driven community.
Biggest advantageThe location and position along the water is the asset, and it is not something a competing subdivision can replicate.
Biggest riskThin recent sales and no set amenities make pricing property-by-property and harder to benchmark.
Sweet spotA well-sited lot whose condition and coastal exposure hold up to close inspection.
Avoid ifYou want a predictable, comparable price and shared community amenities.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Indian River Drive 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 Indian River Drive.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

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 Indian River Drive sales matched to your home.

What is your Indian River Drive home worth?

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

See all homes for sale in Fort Pierce →

Real comps, not an automated estimate.
Buyers who want a waterfront-corridor position and will pay for the lot and location rather than a floor planExcellent fit
Buyers comfortable underwriting a property on its own condition and coastal exposure, with a budget that flexes to the parcelExcellent fit
Long-horizon buyers who value the fixed advantage of the site over turnkey convenienceExcellent fit
Buyers who need a clear market comparable and a predictable price before they commitProbably not
Buyers who want built-in amenities like a pool, clubhouse, or shared facilitiesProbably not
Buyers on a fixed budget with no room for coastal diligence costs such as flood, insurance, or seawall and dock workProbably not

Data sources & freshness

Under-contract sharesBeaches MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2001 (30 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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Common questions about Indian River Drive

Where is Indian River Drive?

Indian River Drive is a community in Fort Pierce, St. Lucie County, Florida, ZIP 34947 / 34950 / 34952 / 34957 / 34982.

Are there homes for sale in Indian River Drive right now?

No active listings inside Indian River Drive at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Indian River Drive have an HOA or CDD?

No HOA is on record for Indian River Drive in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

More Fort Pierce & Treasure Coast: Port St. Lucie & Vero Beach guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Treasure Coast: Port St. Lucie & Vero Beach or the full Neighborhood Finder.

Nearby Communities

Explore more neighborhoods near Indian River Drive with Momentum Realty’s local guides.

ESEinsel S0.5 mi away · 1 for saleSISouth Indian River Drive0.5 mi awayRVRio Vista0.6 mi away · 13 homes, built 1948–23HPHigh Point Ft Pierce Condo0.7 mi awayGVGarden Villas Of Gator Trace0.7 mi awayGVGarden Villas Of Gator Trace0.7 mi away · 181 homes, built 1980–23, 3 for saleHPHigh Point Of Fort Pierce Condominium0.8 mi away · median $111K, 37 sales/12 moGTGator Trace0.8 mi away · 181 homes, built 1980–23

Browse all neighborhood guides →

Thinking of selling in Indian River Drive? 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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