Spanish Lakes Leasehold Estates Homes for Sale

Spanish Lakes Leasehold Estates is a residential community in Port St. Lucie, Florida. Active listings are currently priced from $43K–$60K.

Pure Equity Realty covers Spanish Lakes Leasehold Estates and the Port St. Lucie area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Spanish Lakes Leasehold Estates Port St. Lucie homes for sale as of October 2026. The median asking price is $51,000. Asking prices run from $43,000 to $60,000.

That is 88% below the Port St. Lucie median of $425,000. On a per-foot basis, homes here ask about $40 per square foot, compared with $228 across Port St. Lucie. So the median price buys roughly 1,300 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 102 days on the market. That tracks the Port St. Lucie average of 101 days, so pricing and terms follow the wider city market.

Homes listed in Spanish Lakes Leasehold Estates date from 1973, so they are about 53 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Spanish Lakes Leasehold Estates price means in Florida closing terms. At $51,000, a 20% down payment comes to about $10,000, leaving a loan near $41,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $144. Next, the intangible tax of 0.2% adds about $82. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Spanish Lakes Leasehold Estates median, that is about $360.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Spanish Lakes Leasehold Estates listings show assignments to Savanna Ridge (elementary), Northport K-8 (middle) and Port St. Lucie (high). However, boundaries can change each year, so confirm the assignment for a specific address with St. Lucie Public Schools.