$424,000
SOLD JUN 16, 2025

5500 Lugo St Fort Pierce, FL 34951

4 Beds
2 Baths
2,000 Sq Ft
7,797 Sq Ft Lot

Recently Sold

$212 Per Sq Ft

146 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Mediterranean Architecture
  • New Construction
  • Vaulted Ceiling
  • Attic

About This Home

As of June 2025

Move in Ready. Close in 30 days. Seller pays closing costs with Adams Homes approved lender. Only $1000 deposit is required. Your home will feature 4 bedrooms, dollars bathrooms & 3 car garage. Split floor plan and open concept kitchen with large island. Covered patio overlooking a water view. Club house w/fitness room, huge Pool area, volleyball, pickle ball & tennis courts, BBQ grills & picnic area. Located minutes to Ft. Pierce Beaches, Vero Beach, shopping minutes away. No flood zone/no flood insurance required. New home warranty included. Free Credit Check.

Last Agent to Sell the Property

Joann DeRosa

Adams Homes Realty Inc License #701044 Listed on: 10/16/2024

Adams Homes Realty Inc

Co-Listed By

Nancy Clarke

Adams Homes Realty Inc License #3525458

Last Buyer's Agent

Samuel Gaspard

Service Florida Realty License #3225359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,361

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,797 Sq Ft Lot
  • Lake Front
  • Property is zoned Planne

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Mediterranean Architecture
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Lake Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Schools

  • Lakewood Park Elementary School
  • Forest Grove Middle School
  • Fort Pierce Central High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 131170200950005
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, recreation facilities
  • Built by Adams Homes
  • Waterstone Phase Three Subdivision, 2000Btg Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,361

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$12 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 Exit 138, turn East to Indro Turn to Emerson Ave. Turn into Waterstoneentrance. Make first left to Merano. Make fist right to Lugo Street.
  • Year Built: 2024
  • Architectural Style: Mediterranean, Ranch
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Attic, Breakfast Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Pantry, Pull Down Attic Stairs, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Living Area: 2000.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1
  • Window Features: Thermal Windows

Exterior Features

  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Builder Name: Adams Homes
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Composition, Fiberglass, Shingle

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 12.0
  • Community Features: Clubhouse, Non-Gated, Park, Pickleball, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pickleball, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Recreation Facilities

Schools

  • Elementary School: Lakewood Park
  • High School: Fort Pierce Central
  • Middle Or Junior School: Forest Grove

Lot Info

  • Parcel #: 131170200950005
  • Lot Size: < 1/4 Acre,Paved Road,Si
  • Lot Size Sq Ft: 7797.0
  • Zoning Description: Planne

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2361.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Jun 13, 2025
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Barronette Alister
Seller's Agent
Joann DeRosa
Adams Homes Realty Inc
Buyer's Agent
Samuel Gaspard
Service Florida Realty
List Price
$425,500
Sold Price
$424,000
Premium/Discount to List
-$1,500
-0.35%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.38%
Original Mortgage
$411,280
Outstanding Balance
$410,927
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$13,412
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $424,000 Truly Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $411,280 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $424,000 -1.7% $212 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
01/05/2025 01/05/25 Price Changed $431,500 +1.4% $216 / Sq Ft
12/16/2024 12/16/24 For Sale $425,500 0.0% $213 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $425,500 -- $213 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,361 $76,000 $76,000 --
2023 $2,361 $65,800 $65,800 $0
2022 $2,231 $52,600 $52,600 $0
2021 $1,724 $36,800 $36,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11029063

BeachesMLS

APN: 1311-702-0095-000-5