$397,901
SOLD JUN 30, 2025

5537 Lugo St Fort Pierce, FL 34951

4 Beds
2 Baths
2,000 Sq Ft
9,496 Sq Ft Lot

Recently Sold

$199 Per Sq Ft

7% Below List Price

319 Days on Market

Highlights

  • New Construction
  • Vaulted Ceiling
  • Attic
  • Clubhouse
  • Mediterranean Architecture
  • Corner Lot

About This Home

As of June 2025

Huge price reduction for the month of April. Save $39,000 on move-in ready inventory homes. Don't miss out on this very limited opportunity. Save thousands of dollars in closing costs when using the seller's approved lender. Only $1,000 deposit. Your new Move in Ready home features 4 bedrooms, 2 bathrooms, 3-car garage. Enjoy quiet preserve views from your covered patio. Community clubhouse offers a pool, fitness room, pickleball, volleyball & tennis courts. Waterstone is nestled between 2 parks & just minutes from I-95. offering quick access to shopping, dining, golf and beaches. No flood Insurance required & Builder warranty Included. Free Credit check.

Last Agent to Sell the Property

Joann DeRosa

Adams Homes Realty Inc License #701044 Listed on: 07/12/2024

Adams Homes Realty Inc

Co-Listed By

Nancy Clarke

Adams Homes Realty Inc License #3525458

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,293

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 9,496 Sq Ft Lot
  • Corner Lot
  • Sprinkler System
  • 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
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 131170201100007
  • Seller Considering Concessions

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,293

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 to exit 138 turn East to Indro. Make left on Emerson Ave. Waterstone entrance. Call listing agent Joann 8612 Modeno St.Major price reduction!
  • Year Built: 2024
  • Architectural Style: Mediterranean
  • 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, Ice Maker, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2000.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • Lot Features: Corner Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Home Warranty
  • Builder Name: Adams Homes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • 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: Cable Available, Electricity Available, Sewer Available, Underground Utilities, 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 #: 131170201100007
  • Lot Size: < 1/4 Acre,Corner Lot,Pa
  • Lot Size Sq Ft: 9496.0
  • Zoning Description: Planne

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2293.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Jun 30, 2025
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Mays Lesha Nicole and Jones Levert Walter
Seller's Agent
Joann DeRosa
Adams Homes Realty Inc
List Price
$427,900
Sold Price
$397,901
Premium/Discount to List
-$29,999
-7.01%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$390,692
Outstanding Balance
$390,692
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$10,948
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 $397,900 Truly Title
Special Warranty Deed $397,900 Truly Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,692 FHA
Closed $390,692 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $397,901 0.0% $199 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
04/09/2025 04/09/25 Price Changed $397,901 -7.0% $199 / Sq Ft
09/26/2024 09/26/24 For Sale $427,900 0.0% $214 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $427,900 +2.4% $214 / Sq Ft
07/12/2024 07/12/24 For Sale $417,900 -- $209 / 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 $2,293 $68,200 $68,200 --
2023 $2,293 $63,800 $63,800 $0
2022 $2,164 $49,900 $49,900 $0
2021 $1,653 $33,300 $33,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11003712

BeachesMLS

APN: 1311-702-0110-000-7