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506 SW Indian Key Drive
Port St Lucie, FL 34986
LAKEFOREST AT ST LUCIE WEST PHASE V
Explore the area: Port St Lucie homes for sale · St Lucie County real estate
Price Check
How this price compares
- Asking price
- $359,900
- Price per sq ft
- $263
- Vs. nearby sales
- 17.4% above
- Days on market
- 42
This 2-bedroom single-family home in Lakeforest At St Lucie West Phase V went under contract with an asking price of $359,900, or $263 per square foot. The asking price has come down 5% from its original $379,000. It spent 42 days on the market before going under contract. The 6 most recent single-family home sales in the closings shown below sold at a median of $224 per square foot, so the asking price was 17.4% above what comparable homes here actually sold for.
Estimated monthly payment
$1,891 /mo
Principal and interest only, based on $71,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $272/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $359,900
- Days on Site
- 42 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,370 sqft
- Total Sq Ft
- 2,056 sqft
- Lot Size
- 0.14 Acres
- Year Built
- 2003
- Property Type
- Single Family
- MLS #
- B26072265
- Property Tax
- $6,250 (2025)
- HOA Fees
- $272 / Monthly
- Subdivision
- LAKEFOREST AT ST LUCIE WEST PHASE V
- County
- St Lucie
- Status
- Under Contract
- Special Conditions
- Standard / Listed As Is
About This Property
UPDATED POOL HOME IN GATED LAKE FOREST! Beautifully upgraded including new A/C and new pool heater. Move-in ready, this 2BR + Den, 2BA, 2-car garage home offers stunning lake views and gorgeous Florida sunsets from the screened lanai. Features include tile flooring throughout, tile roof, tankless gas water heater, vaulted ceilings, neutral paint, shiplap accents, updated lighting and fans, and a renovated kitchen with new cabinetry, quartz countertops, subway tile backsplash, breakfast bar and stainless-steel appliances. The lakefront primary suite includes an ensuite bath with dual sinks. Enjoy the screened pool with a newer picture-screen enclosure (2022) overlooking the lake. Furnishings are negotiable. Lake Forest offers low HOA dues. Buyer to verify all information and measurements
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 2003
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage
- Direction Faces
- East
- Lot Size (Acres)
- 0.14
- Living Sq Ft
- 1,370
- Total Sq Ft
- 2,056
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- Planned Un
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Gas Water Heater / Ice Maker / Microwave / Range / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Cathedral Ceilings / Dual Sinks / High Ceilings / Split Bedrooms / Vaulted Ceilings / Walk In Closets
- Laundry
- Inside
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 7
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Stucco
- Roof
- Tile
- Exterior Features
- Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Heated / In Ground / Private / Screen Enclosure / Association
- Patio & Porch
- Covered / Patio / Screened
- Lot Features
- Less Than Quarter Acre
- Waterfront
- Yes
- Waterfront Features
- Lake Front
- View
- Lake / Water
Community & HOA
- HOA Fee
- $272 / Monthly
- HOA Name
- Lake Forest
- HOA Includes
- Cable Tv / Maintenance Grounds / Security
- Association Amenities
- Fitness Center / Playground / Pool
- Community Features
- Home Owners Association / Gated
- Security
- Gated Community / Smoke Detectors
- Utilities
- Cable Available / Water Available
- Pets Allowed
- Breed Restrictions / Number Limit / Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA
- Restrictions
- Buyer Approval Required / No Boats / No Commercial Vehicles / No Rv / No Trailer Parking / Other Restrictions / Ok To Lease
- MLS Area
- 7500
This home's HOA fee works out to $272 a month, in line with the $272 median across 8 homes for sale in Lakeforest At St Lucie West Phase V. See Lakeforest At St Lucie West Phase V HOA fees
About the Community
Lakeforest At St Lucie West is a gated, waterfront community in Port St. Lucie, St. Lucie County, Florida. Active listings are priced from $324,900 to $439,000. Homes were built between 2002 and 2003. Pure Equity lists homes in Lakeforest At St Lucie West and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 8
- Under Contract
- 2
- Median List Price
- $382,250
- Median $/Sq Ft
- $202
- Avg Days on Market
- 163
Frequently Asked Questions
- How do I schedule a tour of 506 SW Indian Key Drive, Port St. Lucie, FL 34986?
- Use the Tour button on this listing to request a showing of 506 SW Indian Key Drive, Port St. Lucie, FL 34986. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 506 SW Indian Key Drive, Port St. Lucie, FL 34986 still available?
- 506 SW Indian Key Drive, Port St. Lucie, FL 34986 is currently listed as Under Contract, and has been on the market 42 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 506 SW Indian Key Drive, Port St. Lucie, FL 34986?
- With 20% down ($71,980) on the $359,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 506 SW Indian Key Drive, Port St. Lucie, FL 34986 is about $1,891/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 506 SW Indian Key Drive, Port St. Lucie, FL 34986?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 506 SW Indian Key Drive, Port St. Lucie, FL 34986. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 506 SW Indian Key Drive, Port St. Lucie, FL 34986 have an HOA fee?
- Yes: 506 SW Indian Key Drive, Port St. Lucie, FL 34986 carries an HOA fee of about $272 monthly (Lake Forest). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 506 SW Indian Key Drive, Port St. Lucie, FL 34986?
- Often, yes. The right offer on 506 SW Indian Key Drive, Port St. Lucie, FL 34986 depends on how it's priced against comparable single family sales in Port St Lucie, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of BEX Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 9, 2026.
$359,900
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Listed by Katy Simard PA, BEX Realty
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Recent Sales
Recently sold homes in Lakeforest At St Lucie West Phase V
These are the last 6 recorded closings in Lakeforest At St Lucie West Phase V, with the price each home actually sold for rather than what it was listed at. They closed at a median of $237 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$310,000
Sold · October 13, 2026
228 SW LAKE FOREST Way
2 bed · 2 bath · 1,310 sqft · $237/sqft
Sold$299,900
Sold · October 9, 2026
538 SW Indian Key Drive
3 bed · 2 bath · 1,487 sqft · $202/sqft
Sold$366,900
Sold · October 9, 2026
333 SW NORTH SHORE Boulevard
2 bed · 2 bath · 1,299 sqft · $282/sqft
Sold$410,000
Sold · October 7, 2026
515 SW Indian Key Drive
3 bed · 2 bath · 1,513 sqft · $271/sqft
$5,000 under the asking price
Sold$319,999
Sold · September 25, 2026
868 SW Rocky Bayou Terrace
3 bed · 2 bath · 1,684 sqft · $190/sqft
Sold$260,000
Sold · August 28, 2026
241 SW LAKE FOREST Way
2 bed · 2 bath · 1,240 sqft · $210/sqft
$14,900 under the asking price
See every recorded sale in Lakeforest At St Lucie West Phase V or find out what your Lakeforest At St Lucie West Phase V home is worth.









