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515 Ponderosa Drive 42a, Fort Pierce, FL 34982
Active
82 Days on Market
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How this price compares

List price
$159,000
Price per sq ft
$129
Vs. nearby sales
5.1% below
Days on market
82

This 2-bedroom condo in The Grove Condominium Section 1 is listed at $159,000, or $129 per square foot. The asking price has come down 3.6% from its original $165,000. It has been on the market for 82 days. The 6 most recent condo sales in the closings shown below sold at a median of $136 per square foot, so the asking price is 5.1% below what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,228
Living Sq Ft
1982
Year Built

Estimated monthly payment

$836 /mo

Principal and interest only, based on $31,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $435/mo HOA are not included.

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Listing Snapshot

Price
$159,000
Days on Site
82 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,228 sqft
Total Sq Ft
1,449 sqft
Year Built
1982
Property Type
Condo
MLS #
B26052554
Property Tax
$1,153 (2025)
HOA Fees
$435 / Monthly
Subdivision
THE GROVE CONDOMINIUM SECTION 1
County
St Lucie
Status
Active
Special Conditions
Standard

About This Property

Welcome to the sought-after 55+ community of Palm Grove in Fort Pierce! This beautifully maintained 2-bedroom, 2-bath home features a desirable split-bedroom floor plan, offering privacy and comfort for both owners and guests. Tranquil lake views create the perfect backdrop for relaxing and enjoying Florida's beautiful weather. Designed for low-maintenance living, this home allows you to spend more time enjoying the exceptional amenities Palm Grove has to offer. Residents enjoy a vibrant lifestyle with a clubhouse, community pool, and a variety of social activities in a beautifully maintained setting. Conveniently located near shopping, dining, healthcare, golf, and the area's stunning beaches!

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General Features

Property Type
Condo
Status
Active
Year Built
1982
Property Condition
Resale
Number of Stories
1
Levels
One
Parking
Assigned
Direction Faces
North
Lot Size (Acres)
0
Living Sq Ft
1,228
Total Sq Ft
1,449
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
Res

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Range / Refrigerator / Washer
Cooling
Central Air
Heating
Central / Electric
Flooring
Tile
Interior Features
Living Dining Room / Split Bedrooms / Separate Shower
Laundry
In Unit / Washer Dryer Install Allowed
Windows
Blinds
Main Level Bedrooms
2
Main Level Baths
2
Total Rooms
3
Furnished
Unfurnished

Exterior Features

Construction
Stucco
Roof
Shingle
Exterior Features
Awnings
Architectural Style
Fourplex
Pool Features
Association
View
Water

Community & HOA

HOA Fee
$435 / Monthly
HOA Includes
Common Areas / Maintenance Grounds / Recreation Facilities / Reserve Fund
Association Amenities
Bocce Court / Billiard Room / Clubhouse / Fitness Center / Gated / Pool / Shuffleboard Court
Community Features
Gated
Security
Gated Community
Utilities
Cable Available / Sewer Connected / Water Connected
Pets Allowed
Cats Ok / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
Buyer Approval Required / Ok To Lease / Rental Restriction
MLS Area
7150

This home's HOA fee works out to $435 a month, in line with the $435 median across 5 homes for sale in The Grove Condominium Section 1. See The Grove Condominium Section 1 HOA fees

The Grove Condominium Section 1 is an age-restricted 55+ community in Fort Pierce, St. Lucie County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $174,900 to $220,000. At least one resident per home must be 55 or older. Pure Equity lists homes in The Grove Condominium Section 1 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
5
Median List Price
$189,000
Median $/Sq Ft
$143
Avg Days on Market
74
View all 5 homes for sale in The Grove Condominium Section 1 →
How do I schedule a tour of 515 Ponderosa Drive 42a, Fort Pierce, FL 34982?
Use the Tour button on this listing to request a showing of 515 Ponderosa Drive 42a, Fort Pierce, FL 34982. 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 515 Ponderosa Drive 42a, Fort Pierce, FL 34982 still available?
515 Ponderosa Drive 42a, Fort Pierce, FL 34982 is currently listed as Active, and has been on the market 82 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 515 Ponderosa Drive 42a, Fort Pierce, FL 34982?
With 20% down ($31,800) on the $159,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 515 Ponderosa Drive 42a, Fort Pierce, FL 34982 is about $836/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 515 Ponderosa Drive 42a, Fort Pierce, FL 34982?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 515 Ponderosa Drive 42a, Fort Pierce, FL 34982. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 515 Ponderosa Drive 42a, Fort Pierce, FL 34982 have an HOA fee?
Yes: 515 Ponderosa Drive 42a, Fort Pierce, FL 34982 carries an HOA fee of about $435 monthly. 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 515 Ponderosa Drive 42a, Fort Pierce, FL 34982?
Often, yes. The right offer on 515 Ponderosa Drive 42a, Fort Pierce, FL 34982 depends on how it's priced against comparable condo sales in Fort Pierce, 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 RE/MAX Gold

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 July 19, 2026.

$159,000

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Listed by Nora A Hambrick, RE/MAX Gold

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