5540 SPANISH RIVER Road, Fort Pierce, FL 34951

SingleFamilyResidence · Active

$289,900

5540 SPANISH RIVER Road, Fort Pierce, FL 34951 — MLS photo

Miami Foreclosures

5540 SPANISH RIVER Road, Fort Pierce, FL 34951

Bedrooms
3
Bathrooms
2
Interior
1,377 sq ft
Price / sq ft
$211/sq ft
Built
2004
Lot
6,011 sq ft

The residence

Build equity in one of Fort Pierce's most sought-after gated communities! This 3-bedroom, 2-bath, 2-car garage home in Portofino Shores offers solid bones, valuable recent upgrades, and a great location, and it's ready for someone to bring their vision and a little love. The big-ticket items are already done: a NEW ROOF as of 2025 and NEW IMPACT SLIDING GLASS DOORS leading out to the patio for added safety, storm protection, and peace of mind. Built in 2004 with quality concrete block and stucco construction and a paver driveway, the home features an open floor plan with a comfortable flow between the kitchen, dining, and living areas. With some cosmetic updating, this home has real potential to shine. Whether you're a first-time homebuyer looking to get into a great neighborhood, or A handyman ready for your next project, or planning a relaxed retirement, this is an opportunity to build equity quickly. Please note: the kitchen refrigerator will be swapped with the refrigerator currently in the garage. Portofino Shores is a well-manicured, private, 188-acre gated community set alongside a nature preserve, with a 24-hour manned gate for peace of mind, just 15 minutes from the beach. Residents enjoy resort-style amenities, including: • A community pool: a beautifully renovated 3,000 sq ft heated pool and sun deck overlooking the lake, with restrooms, showers, and lockers • A 6,000 sq ft lakeside clubhouse with a kitchen, serving bar, and Wi-Fi, perfect for gatherings and events • Enclosed tennis courts, also lined for pickleball • A bocce court • A fitness center with treadmills, bikes, a Nautilus machine, and free weights • A 1.5-mile paved walking trail through the nature preserve • Double sidewalks throughout the community Enjoy Treasure Coast living just minutes from I-95, Florida's Turnpike, shopping, and dining, and close to world-class fishing and boating and Fort Pierce's historic downtown and waterfront. This property is being offered as a short sale and is subject to lender approval, which has not yet been obtained. Please allow time for the short sale process. Sold as-is. Don't miss this chance to own in Portofino Shores at a price that leaves room to make it your own. Schedule your showing today

Property location

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5540 SPANISH RIVER Road, Fort Pierce, FL 34951

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,377 sq ft
Flooring
Carpet, Ceramic Tile, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Dual Sinks, High Ceilings, Living Dining Room, Main Living Area Entry Level, Split Bedrooms, Shower Only, Vaulted Ceilings, Walk In Closets

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2004
Stories
1
Lot size
6,011 sq ft
Architectural style
Mediterranean, Ranch, One Story
Roof
Barrel, Tile
Construction
CBSConcrete Block Structure, Block, Stucco
Exterior features
Barbecue, Fence, Storm Security Shutters
Pool
None, Association, Community

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage, Paver Block, Two Or More Spaces

HOA, Community & Financials

Association fee
$200 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Pools, Security
Amenities
Clubhouse, Community Kitchen, Controlled Access, Pool, Security, Tennis Courts
Security
Security Gate, Smoke Detectors
Pets allowed
No
Annual tax
$6,677
Subdivision
PORTOFINO SHORES PHASE TWO
County
St Lucie
Days on market
2
MLS listing ID
B26095007
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$649

Cap rate
8.4%
Net yield
8.4%
Cash-on-cash return
9.6%
Gross yield
13.6%
Mortgage payment
$1,374/mo
Down payment
$72,475
Loan amount
$217,425
Annual NOI
$24,275

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

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5540 SPANISH RIVER Road, Fort Pierce, FL 34951