Buying a HUD Home in Port St. Lucie

Port St. Lucie is the Treasure Coast's largest city, and it regularly has more foreclosure and bank-owned listings than anywhere else in Martin or St. Lucie County. Some of those are HUD homes: houses the U.S. Department of Housing and Urban Development took back after an FHA-insured mortgage was foreclosed. They're sold through a different system than bank-owned homes, with their own bid periods and incentives. Wayne Gebhardt, Broker/Owner of Homesaver Real Estate in Stuart, has worked with HUD, REO and bank-owned properties on the Treasure Coast since 2008. Here's how buying one works.

Where are HUD homes listed?

Every HUD home for sale is listed on HUD's official site, HUDHomestore.gov, and many also appear in the local MLS. You can't bid on your own: a HUD-registered real estate broker submits your bid online. You can search Port St. Lucie and St. Lucie County on HUDHomestore yourself, then call Wayne about any home you like.

Who can bid, and when?

  • Owner-occupants first. On most HUD homes that can be financed with an FHA loan ("insured" listings), HUD gives buyers who will live in the home a priority period of up to 30 days before investors can bid.
  • Uninsured homes. On homes in rougher condition that don't qualify for FHA financing, government agencies and nonprofits get first priority, followed by owner-occupants.
  • Investors. Investors can bid once the priority period ends, if the home hasn't sold.
  • Ties. If an owner-occupant and an investor submit identical bids, HUD picks the owner-occupant.

Each HUDHomestore listing shows its current period and the deadline date, so check it before you bid.

HUD incentives worth knowing

  • $100 down with FHA financing. On HUD homes marked as eligible, owner-occupant buyers using an FHA loan can put down $100 instead of the usual 3.5%. Not every HUD home qualifies.
  • Good Neighbor Next Door. Full-time teachers (pre-K through 12), law enforcement officers, firefighters and EMTs can buy eligible HUD homes in designated revitalization areas at 50% off list price, in exchange for living in the home for 36 months. These homes are rare and assigned by lottery when several qualified buyers apply.
  • Closing cost help. HUD may let an owner-occupant ask for part of their financing and closing costs to be paid, up to a limit set for the area. Wayne includes this in the bid when it makes sense.

How buying a HUD home works, step by step

  1. Get pre-approved. Talk with a lender first, especially if you want FHA, a 203(k) renovation loan or the $100 down incentive. Cash buyers need proof of funds.
  2. Find a home and see it. Wayne can open HUD homes for showings and help you size up repairs. HUD homes are sold as-is, and HUD won't make repairs.
  3. Bid online. Wayne submits your bid on HUDHomestore during the period you qualify for. HUD generally accepts the bid that gives it the best net return after closing costs and commissions, with priority for owner-occupants.
  4. If you win: HUD notifies Wayne, and the signed contract, earnest money and paperwork are due within short deadlines. Missing one can cost you the house.
  5. Inspect, appraise and insure. You can usually have the home inspected, but check insurance early. An older roof can make Florida homeowners insurance expensive or hard to get.
  6. Close with HUD's closing agent on HUD's timeline. Extensions are possible but usually cost a daily fee.

Thinking about a HUD home in Port St. Lucie?

See current foreclosure and bank-owned listings below, or ask Wayne to check which HUD homes are open to owner-occupants right now.

Search HUDHomestore Ask Wayne About a HUD Home

Call or text 772-600-4836.

Common questions about HUD homes

What is a HUD home?
A one-to-four-unit home HUD acquired after a mortgage it insured through FHA was foreclosed. HUD sells these homes to recover its losses.

Can I buy a HUD home without an agent?
No. Bids must be submitted by a HUD-registered real estate broker. Using one costs the buyer nothing extra in most cases, because HUD's net-offer calculation accounts for the commission.

Are HUD homes cheaper?
They're listed at HUD's appraised as-is value, so they can be good values, but they aren't automatically bargains. Repairs, insurance and competition all affect the real cost.

Can investors buy HUD homes in Port St. Lucie?
Yes, after the owner-occupant priority period ends on a given home.

Who can help me bid on a HUD home in Port St. Lucie?
Wayne Gebhardt, Broker/Owner of Homesaver Real Estate in Stuart, FL, helps buyers bid on and close HUD, REO and bank-owned homes across Port St. Lucie and the Treasure Coast. Call or text 772-600-4836.

Related: how bank-owned (REO) purchases work, bank-owned homes in Stuart and Martin County, flood zones and insurance in Port St. Lucie, all foreclosure listings.

This page is general information as of November 2026, not legal or financial advice. HUD's programs, bid periods and eligibility rules change; each listing on HUDHomestore.gov shows its current terms. Sources: 24 CFR Part 291 (HUD's property disposition rules) and HUDHomestore.gov.

Foreclosure and Bank-Owned Listings in Port St. Lucie

2007 SW Marblehead Way, Port St. Lucie
$299,000
4 Beds ⋅ 3 Baths ⋅ A12112448 MLS ⋅ Newport Isles BLDG.
Create value and equity in this CBS home with a new ac system located in a gated communitywith many amenities to create a great quality of life at a very affordable price. Private back yardwith room for a swimming pool and four bedrooms for a growing family. Close to shopping,restaurants, and highways.

2007 SW Marblehead Way, Port St. Lucie
329 Millpond Lane, Port St. Lucie
$279,000
2 Beds ⋅ 2 Baths ⋅ B26058942 MLS
Welcome to The Cascades at St. Lucie West, a premier gated 55+ community offering an active, resort-style lifestyle. This well-maintained 2-bedroom, 2-bath home with den features volume ceilings, abundant natural light, and a spacious, open layout. The flexible den can easily serve as a third bedroom, home office, or hobby space. Interior highlights include tile flooring in main living areas, laminate flooring in bedrooms and den, crown molding, and a welcoming double-door entry. The large primary suite offers dual walk-in closets, separate vanities, a Roman tub, and walk-in shower. Generously sized guest bedrooms provide comfortable accommodations. Enjoy peaceful outdoor living from the screened patio overlooking a private, landscaped backyard with no direct rear neighbors. Association approval required. Buyer to verify all fees, rules, and amenities. Per HOA rules, owners must own the property for a minimum of two (2) years before leasing is permitted. Leases must be for a minimum term of six (6) months and one (1) day, are limited to one lease per year, and require prior HOA approval.

329 Millpond Lane, Port St. Lucie
257 NW Toscane Trail, Port St. Lucie
$269,900
2 Beds ⋅ 2 Baths ⋅ B26060243 MLS
Welcome to resort-style living in the highly sought-after Cascades at St. Lucie West, a premier gated 55+ community! This lakefront home offers comfortable living with a functional floor plan designed for both everyday enjoyment and effortless entertaining. Enjoy spacious living areas filled with natural light, a generous primary suite, flex room and generous guest room . Whether you're relaxing indoors or enjoying Florida's beautiful weather, this home provides the perfect blend of comfort and low-maintenance living. Residents of Cascades enjoy an exceptional lifestyle with a recently renovated clubhouse, resort-style pool and spa, fitness center, tennis, pickleball, bocce, billiards, arts and crafts, ballroom, and an abundance of social clubs and activities.

257 NW Toscane Trail, Port St. Lucie
8202 Caper Lane Unit 8202, Port St. Lucie
$239,900
3 Beds ⋅ 2 Baths ⋅ B26073041 MLS ⋅ Savanna Club BLDG.
LAND OWNED, SAVE YOU THOUSAND A YEAR ON LAND LEASE! Rare 3-bedroom, 2-bath manufactured home in Savanna Club on corner lot offers 1,664 square feet of single-story living in Port St. Lucie. Remodel Kitchen with Granite counters and all stainless-steel appliances, refrigerator & stove are new. Newer carpeting, Family room, Enclosed Patio and new roof in 2024. Huge Double wide carport &17x13 Shed! New tiedowns in 2025 and new plumbing in 2025. The efficient floor plan provides comfortable space for everyday living and entertaining. Also a new electric box. With solid construction and straightforward maintenance, this property presents a practical ownership opportunity in an established community with golf, tennis, bocce ball, 3 club houses with pools & a theater that seats 600 people.

8202 Caper Lane Unit 8202, Port St. Lucie
1434 SE Larkwood Circle, Port St. Lucie
$234,000
2 Beds ⋅ 2 Baths ⋅ B26040130 MLS
All ages welcome! Amazing opportunity to own this spacious and beautifully updated villa featuring modern upgrades and flexible living space. Impact windows, AC is a few years old. Perfect for first-time homebuyers, growing families, multi-generational living, or investors seeking a great opportunity. Located in a well-maintained community close to shopping, dining, schools, parks, and beautiful beaches, this property combines convenience, value, and potential. Whether you're looking for a primary residence or an investment property, this villa is a must-see. The home offers an open-concept living and dining area, a screened porch, an enclosed patio off the primary bedroom, and a generously sized laundry area. Originally designed as a 2 bedroom, 2 bath residence, the home has been fully remodeled, and the attached one-car garage has been converted into two additional bedrooms, creating a functional four-bedroom, two-bath layout ideal for a variety of lifestyles. Easily convert it to a garage if no additional rooms are needed.

1434 SE Larkwood Circle, Port St. Lucie
2481 SE Addison Street, Port St. Lucie
$230,000
3 Beds ⋅ 2 Baths ⋅ B26010740 MLS
Opportunity awaits in this 3-bedroom, 2-bath home located in the heart of Port St. Lucie! Situated on a generously sized lot, this property offers a large backyard with plenty of room to create your own outdoor oasis, add a pool, or expand. This home is perfect for investors or buyers looking to customize and add value. While it does need some work, key components include an HVAC system (2014), water heater (2012), and a shingle roof (2005)—providing a solid starting point for renovations Conveniently located near major roadways including US-1 and the Florida Turnpike, making commuting a breeze. Enjoy close proximity to shopping, dining, and everyday conveniences, as well as just a short drive to the beautiful beaches of Jensen Beach and outdoor recreation at Savannas Preserve State Park. This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period.

2481 SE Addison Street, Port St. Lucie
321 NE Genesee Avenue, Port St. Lucie
$229,000
2 Beds ⋅ 2 Baths ⋅ F10548841 MLS
A welcoming layout and generous outdoor space define this 2-bedroom, 2-bath home with an attached 1-car garage. The property features a covered front porch, rear patio, and a fully fenced backyard offering ample room for everyday outdoor use. Interior spaces receive natural light and are arranged for practical living. The home reflects original finishes and deferred maintenance, creating flexibility for future updates. Located near Savannas Preserve State Park and Port St. Lucie Botanical Gardens, with shopping and services at Tradition Square, St. Lucie West Town Center, and along US-1. Convenient access to Veterans Memorial Parkway supports local and regional travel.

321 NE Genesee Avenue, Port St. Lucie
550 NW PORTOFINO Lane, Port St. Lucie
$200,000
2 Beds ⋅ 2 Baths ⋅ B26063971 MLS ⋅ St Luice West Plat #62 BLDG.
Bring your vision to this lakefront home in Kings Isle! Located in the Isle of San Marino section of this desirable 55+ gated St. Lucie West community, this 2-bedroom, 2-bath CBS home features a 1-car garage, split floor plan, volume ceilings and a screened lanai overlooking the lake on a Cul de sac. Great opportunity for buyers looking to renovate and create a home that reflects their own style. Kings Isle offers an impressive array of amenities including a manned gate, clubhouse, resort-style pool, fitness center, tennis, pickleball, shuffleboard, billiards, library, clubs and numerous social activities. Conveniently located near shopping, dining, medical facilities and I-95. Great location, lake view and tons of potential! Buyer to verify all HOA fee's Homes may be rented after the owner has had possession of the home for one (1) year. There may be (2) rentals per year. Each rental cannot be for less than 90 days. All rentals must be approved by the Board of Directors, All leases are subject to Article XIV Section 25 of the Documents of The Isle of San Marino.

550 NW PORTOFINO Lane, Port St. Lucie
1137 NW Lombardy Drive, Port St. Lucie
$194,900
2 Beds ⋅ 2 Baths ⋅ A12115113 MLS
Enjoy the Florida lifestyle in this charming 2-bedroom, 2-bath villa located in the guard-gated 55+ community of Kings Isle, within the Isle of Lombardy neighborhood. The courtyard-style setting features an open front porch, tile and laminate flooring throughout, and a spacious living/dining combination. The kitchen offers ample cabinet and counter space, a pass-through to the main living area, and a breakfast bar overlooking an additional dining/living space with sliders leading to a screened lanai with peaceful garden views. Two master suites, each with a walk-in closet, provide comfortable accommodations. An assigned covered carport space is included. Residents enjoy resort-style amenities, including a pool, fitness center, billiards, library, card and craft rooms, ballroom, tennis, pickleball, and beautifully maintained grounds. Enjoy comfortable living and an active lifestyle in this desirable community! All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer advised to verify. Listing agent has no knowledge of property or disclosures. One or more photos have been virtually staged.

1137 NW Lombardy Drive, Port St. Lucie
8142 Meadowlark Lane, Port St. Lucie
$184,900
3 Beds ⋅ 2 Baths ⋅ R11165254 MLS
Calling all visionaries! This home The Preserve at Savanna Club is bursting with opportunity and ready for a complete transformation. Features a spacious layout just waiting to be revitalized. Possibilities are endless! Restore, redesign, or reimagine this home into something truly special. With the right vision, this property has the potential to shine Multiple living areas, generously sized bedrooms, and a screened porch area NO SITE UNSEEN OFFERS

8142 Meadowlark Lane, Port St. Lucie
5804 NW Burney Street, Port St. Lucie
$159,000
B26020928 MLS
Build your dream home on this vacant lot in the desirable and growing community of Port St. Lucie. This residential parcel offers a great opportunity to secure land in a rapidly developing area. Conveniently located near shopping, dining, schools, and I95. Enjoy the flexibility to design and build a home that fits your lifestyle.

5804 NW Burney Street, Port St. Lucie
2800 NINE IRON Drive, Port St. Lucie
$134,900
2 Beds ⋅ 2 Baths ⋅ B26053703 MLS
Excellent opportunity for retirees or any one over 55 looking for an active community with lots of events. Pools club house with Gym, meeting rooms, Tennis, Golf. this property is on a cul-de sac. Private screen room to enjoy .With no neighbors behind you for the ultimate in privacy.

2800 NINE IRON Drive, Port St. Lucie
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