Sheraton Plaza
Homes for Sale in Fort Pierce, FL

Sheraton Plaza market snapshot (as of November 6, 2026): the median sale price is about $260K ($191 per sq ft over the trailing 12 months of closed sales), and a median 40 days on market for closed sales.

In ZIP 34946 (Fort Pierce), 27 homes closed in the last 12 months at a median of $310K ($209/sq ft), with a median 18 days on market. Right now 3 active and 2 pending listings put supply at about 1.3 months — a healthy market. See the live ZIP 34946 housing market and the St. Lucie County market.

County records show 20 qualified sales in Sheraton Plaza across 2024–2025 (14 in 2024, 6 in 2025), median $245,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Sheraton Plaza is a community of 428 homes in Fort Pierce, St. Lucie County, built between 1948 and 2014 (median 1971.0), with a median living area of about 1,362 square feet. 51% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Sheraton Plaza is a budget-priced condo and townhome enclave in Fort Pierce where the median closed at $177,550—one of the lowest price points on the Treasure Coast—and inventory moves slowly in a market that has reset sharply over the past year.

Four closings over the measurement window and a median of one hundred eight days on market reflect a community where turnover is thin and buyers are cautious. The thirty-four percent year-over-year decline is significant by any standard; it suggests either a spike in distressed sales, a repricing after speculative overreach, or both. In practice, that means today's buyer is inheriting someone else's reset—but also that sellers who chase last year's comps will sit.

At $148 per square foot, Sheraton Plaza competes on price, not on amenity or condition. There are no community facilities noted in current listings, so the value proposition is purely transactional: low acquisition cost in Fort Pierce proper. Buyers should expect older systems, deferred exterior maintenance, and the governance challenges common to smaller condo associations. The market-heat score of nine out of one hundred confirms what the DOM and closing count already tell you—this is not a hot pocket, and urgency is on the seller's side, not yours.

Fort Pierce sits outside the Jupiter-to-Vero corridor that commands premium coastal pricing, but it offers access to the Treasure Coast's beaches, the Indian River, and a downtown that has seen episodic revitalization. Sheraton Plaza won't be mistaken for new construction or resort-style living, but for a buyer focused strictly on cost of entry and willing to manage or improve an older asset, it delivers a sub-$180K foothold in a county where that threshold is increasingly rare.

Sheraton Plaza requires clear-eyed due diligence—association financials, deferred-maintenance audits, rental-restriction clarity—and our team knows how to surface those issues before you're under contract. We'll negotiate from the DOM and price-drop data, help you model repair costs against purchase price, and tell you when the HOA red flags mean you should walk. If you're buying as an investment or a fixer project, we'll connect you to local contractors and property managers who understand Fort Pierce's rental dynamics and won't overpromise returns.