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Sold for $532,000
  • $532,000

    5199 SE Primrose Way, Stuart, FL 34997

    6beds
    6baths
    2,664sqft
    Triplex, Multi Family, Multi Family
    Built in 1990
    -- sqft lot
    $601,700 Zestimate®
    $200/sqft
    $2,221 Estimated rent

    Home value

    $601,700

    $560,000 - $650,000

    $2,221/mo

    Zestimate® history
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    $2,221/mo

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    What's special

    Great opportunity to own this renovated Triplex in Stuart on an 11,251 sq ft lot. 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. Unit one and unit two are occupied on a month-to-month basis, and unit three is currently occupied. The Triplex is located in a quiet neighborhood of Manatee Park.This renovated triplex offers steady rental income with three units. Each unit features two bedrooms, two bathrooms, separate driveways, and individual meters. The property includes washer and dryer hookups for each unit. Situated in a quiet neighborhood of Manatee Park. ### Rental Income Opportunity Listing #### Property Overview Great opportunity to own this renovated Triplex in Stuart on an 11,251 sq ft lot. 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. Unit one and unit two are occupied on a month-to-month basis, and unit three is currently occupied. The Triplex is located in a quiet neighborhood of Manatee Park. #### Property Details This renovated triplex offers steady rental income with three units. Each unit features two bedrooms, two bathrooms, separate driveways, and individual meters. The property includes washer and dryer hookups for each unit. #### Location Highlights Situated in a quiet neighborhood of Manatee Park, this property is close to Port Salerno, parks, dining options, and only 6 miles from downtown Stuart, making it a prime location for tenants. Stuart has been named one of the best places to live in Florida, enhancing the investment's appeal. #### Investment Highlights With current tenants in all units, this triplex provides an immediate income opportunity. The property has been recently renovated, reducing the need for immediate maintenance and improving rental appeal. This triplex offers a fantastic investment opportunity with its prime location, individual unit features, and potential for rental income. Don't miss out on this chance to own a piece of one of Florida's best places to live!

    Zillow last checked:

    Listing updated:

    Listed by:

    Fiona Barone 888-883-8509,

    EXP Realty LLC

    Bought with:

    Ana Maria Oramas, 3487529

    Keller Williams Dedicated Prof

    Source: BeachesMLS,MLS#: R10996698MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Linoleum, Tile, Vinyl
    Interior area
    • Total structure area: 2,664
    • Total interior livable area: 2,664 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    Lot
    • Size: 0.26 Acres
    • Features: 1/4 to 1/2 Acre Lot
    Details
    • Parcel number: 303842002009001800
    • Zoning: res

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family, Multi Family
    Materials
    • Frame, Modular/Prefab
    • Roof: Other
    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 & neighborhood

    Location
    • Region: Stuart
    • Subdivision: DIXIE PARK ADDITION

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $30 monthly
    • Amenities included: None

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/30/2024Sold$532,000-18.1%$200/sqft
    Source: BeachesMLS #R10996698 Report a problem
    7/15/2024Pending sale$649,900$244/sqft
    Source: BeachesMLS #RX-10996698 Report a problem
    6/17/2024Listed for sale$649,900+76.3%$244/sqft
    Source: BeachesMLS #RX-10996698 Report a problem
    12/20/2019Sold$368,600+99.2%$138/sqft
    Source: Public Record Report a problem
    5/14/2015Sold$185,000+116.1%$69/sqft
    Source: Public Record Report a problem
    5/16/2013Sold$85,600-66.3%$32/sqft
    Source: Public Record Report a problem
    4/1/2004Sold$253,900+148.9%$95/sqft
    Source: Public Record Report a problem
    11/13/1996Sold$102,000$38/sqft
    Source: Public Record Report a problem
    10/7/1994Sold$102,000$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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 +28.6%$334,800 +47.9%
    2019$5,277 $226,403 +3.5%
    2018$5,277 +14.2%$218,700 +8%
    2017$4,619 +60.8%$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 +2.6%
    2012-- $105,300 -6.3%
    2011-- $112,320
    2010-- $112,320 -20%
    2009-- $140,400 -35.1%
    2008-- $216,220 -1.4%
    2007$2,194 -2.5%$219,400 -2.5%
    2006$2,250 $225,040 +11.5%
    2005-- $201,760

    Find assessor info on the county website

    Neighborhood: Port Salerno

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $601,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $601,700