Great opportunity to own this Triplex in Stuart. Stuart is named one of the best places to live in Florida. The location is close to Port Salerno, parks, dining, and 6 miles from downtown. Each unit is on a separate meter and has a washer and dryer hookup. Each unit is 2 bedrooms and 2 bathrooms with separate driveways. The Triplex is located in a quiet neighborhood of Manatee Park.This triplex offers steady rental income with three units. Situated in a quiet neighborhood of Manatee Park, Triplex is sold as is with right to inspect.Live in one and rent out the other two.
Sold for $495,000
$495,000
5107 SE Primrose Way, Stuart, FL 34997
6beds
6baths
2,511sqft
Triplex, Multi Family, Multi Family
Built in 1990
-- sqft lot
$608,200 Zestimate®
$197/sqft
$2,233 Estimated rent
Home value
$608,200
$547,000 - $669,000
$2,233/mo
Zestimate® history
Owner options
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$2,233/mo
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$3,347/mo
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Zillow last checked:
Listing updated:
Listed by:
Fiona Barone 888-883-8509,
EXP Realty LLC
Bought with:
Reid Armor, 3328981
NAI Southcoast
Source: BeachesMLS,MLS#: R11001940
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Other
Interior area
- Total structure area: 2,563
- Total interior livable area: 2,511 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Has view: Yes
- View description: Other
- Waterfront features: None
Lot
- Size: 0.3 Acres
- Features: 1/4 to 1/2 Acre Lot
Details
- Parcel number: 303842002009000106
- Zoning: res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Frame, Stucco
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1990
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Multiple Meters, Public
- Utilities for property: Cable Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: DIXIE PARK ADDITION
HOA
- Has HOA: Yes
- Amenities included: None
- HOA fee: $30 monthly
Location
- Region: Stuart
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $498,960
- Annual tax amount: $8,552
- Date on market: 7/5/2024
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional,FHA
- Tenant pays: Cable TV, Electricity, Sewer, Water
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2024 | Sold | $495,000-10%$197/sqft |
Source:  BeachesMLS #R11001940 Report a problem | ||
| 7/5/2024 | Listed for sale | $550,000+44.7%$219/sqft |
Source: BeachesMLS #RX-11001940 Report a problem | ||
| 9/25/2019 | Sold | $380,000+273.1%$151/sqft |
Source: Public Record Report a problem | ||
| 7/3/2018 | Listing removed | $1,099 |
Source: Express Properties Report a problem | ||
| 6/25/2018 | Listed for rent | $1,099 |
Source: Express Properties Report a problem | ||
| 4/3/2014 | Sold | $101,850+34.2%$41/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M373657 Report a problem | ||
| 8/20/2013 | Sold | $75,900-70.1%$30/sqft |
Source: Public Record Report a problem | ||
| 4/1/2004 | Sold | $253,900$101/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,258 -0.5% | $498,960 +8.5% |
| 2024 | $9,302 +8.8% | $459,993 +10% |
| 2023 | $8,552 +9.7% | $418,176 +10% |
| 2022 | $7,797 +9.1% | $380,160 +10% |
| 2021 | $7,149 +5.4% | $345,600 +3.2% |
| 2020 | $6,786 +30% | $334,800 +51.2% |
| 2019 | $5,222 | $221,373 +1.2% |
| 2018 | $5,222 +14.3% | $218,700 +8% |
| 2017 | $4,570 +59.1% | $202,500 +19% |
| 2016 | $2,872 | $170,100 +12.5% |
| 2015 | $2,872 | $151,200 +23.5% |
| 2014 | $2,872 | $122,400 +13.3% |
| 2013 | -- | $108,000 -9.1% |
| 2012 | -- | $118,800 -6.3% |
| 2011 | -- | $126,720 |
| 2010 | -- | $126,720 -20% |
| 2009 | -- | $158,400 -35.1% |
| 2008 | -- | $243,940 -4.3% |
| 2007 | $2,550 +10.4% | $255,000 +10.4% |
| 2006 | $2,310 | $231,030 +22% |
| 2005 | -- | $189,390 |
Find assessor info on the county website
Neighborhood: Port Salerno
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Nearby schools
GreatSchools rating
- 4/10Sea Wind Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 4/10Murray Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10South Fork High SchoolGrades: 9-12Distance: 5.9 mi
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Estimated market value
$608,200
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Estimated market value
$608,200
- Florida
- Martin County
- Stuart
- 34997
- Port Salerno
- 5107 SE Primrose Way
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