NOT LISTED FOR SALE

3118 S Kanner Hwy Stuart, FL 34994

Willoughby Neighborhood

Estimated Value: $992,448 - $1,279,000

2 Beds
5 Baths
4,168 Sq Ft
$264/Sq Ft Est. Value

Last Sold August 28, 2021

Last sale price $845,000 $203 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,921/month

14 Days on Market

Highlights

  • Property has ocean access
  • River View
  • Home fronts a canal
  • Martin County High School Rated A-
  • 0.41 Acre Lot
  • Room in yard for a pool

About This Home

As of August 2021

Waterfront rental units. The property has a total of 4 apartments, 3 units are 2/1 and 1 unit is a 3/2. All units have been updated. Roof new 2016..Tiki Hut on the water, Floating Dock for 2 small boats Ocean access!!

Last Agent to Sell the Property

Tom Walters

Jensen Beach Property Management License #3446033 Listed on: 06/30/2021

Last Buyer's Agent

Nestor Monterrey

The Keyes Company License #3338531

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,254

Year Built

  • Built in 1958

Lot Details

  • 0.41 Acre Lot
  • Home fronts a canal

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 5 Bathrooms
  • 4,168 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Screened Porch
  • Laminate Flooring
  • River Views

Pool

  • Room in yard for a pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Seawall
  • Deck

Schools

  • J.D. Parker Elementary School
  • Dr. David L. Anderson Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 163841002000000106

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • South Fork Harbor Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Gross Income $80,400
  • Net Operating Income $57,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,254

Year Built

Built in 1958

Lot Details

0.41 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: On Kanner Hwy across from High School
  • Year Built: 1958
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Pets No Pets Comments: Total Weight Limit Of Pets:1
  • MaximumPetWeight: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Living Area: 4168.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Outdoor Living Area, Outdoor Shower, Porch, Room For Pool
  • View: River
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Ocean Access, Seawall
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Construction Type: Block, Concrete
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Flat

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: None

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Association: No
  • Pets Allowed: Size Limit, Yes

Schools

  • Elementary School: J.D. Parker
  • High School: Martin County
  • Middle Or Junior School: Dr. David L. Anderson

Lot Info

  • Parcel #: 163841002000000106
  • Lot Size Acres: 0.41
  • Lot Size: 100.0 ft x 100.0 ft
  • Lot Size Sq Ft: 17859.6
  • Mobile Dim Units: Feet
  • Zoning: R-2

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Property Net Operating Income: 57573.0
  • Number Of Units In Community: 4
  • Annual Gross Income: 80400.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8254.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 1, 2021
Sold by
Martin Caribbean Land Management Llc
Bought by
Niedzwiecki Michael
Seller's Agent
Tom Walters
Jensen Beach Property Management
Buyer's Agent
Nestor Monterrey
The Keyes Company
List Price
$845,000
Sold Price
$845,000
Current Estimated Value
$1,100,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,112
Avg. Annual Appreciation
6.01%
Original Mortgage
$633,750
Outstanding Balance
$570,688
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$529,424

Purchase Details

Closed on
Aug 31, 2020
Sold by
Kanner Cottages Llc
Bought by
Martin Caribbean Land Management Llc

Purchase Details

Closed on
Nov 6, 2014
Sold by
3118 Llc
Bought by
Kanner Cottages Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2012
Sold by
Rizzo David and Rizzo David A
Bought by
3118 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.63%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 6, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Rizzo David

Purchase Details

Closed on
Mar 10, 2009
Sold by
Barnes Reginald
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 19, 2003
Sold by
Jaudas Thomas M and Jaudas Christine
Bought by
Barnes Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2002
Sold by
Mulligan Carol
Bought by
Jaudas Thomas and Jaudas Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,850
Interest Rate
5.93%

Purchase Details

Closed on
Sep 11, 2001
Sold by
Mulligan Brian
Bought by
Mulligan Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 7, 2001
Sold by
Richard Ii A Springs I
Bought by
Mulligan Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Niedzwiecki Michael $845,000 Transamerican Ttl & Stlmt Sv
Martin Caribbean Land Management Llc -- Accommodation
Kanner Cottages Llc $507,000 Attorney
3118 Llc -- Town & Country Title Guarant
Rizzo David $165,000 Fairview Title
Deutsche Bank National Trust Company -- None Available
Barnes Reginald $384,000 --
Jaudas Thomas $266,500 Fast Title Inc
Mulligan Carol $190,000 --
Mulligan Brian $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niedzwiecki Michael $633,750
Previous Owner Kanner Cottages Llc $315,000
Previous Owner 3118 Llc $150,000
Previous Owner Barnes Reginald $307,200
Previous Owner Jaudas Thomas $239,850
Previous Owner Mulligan Carol $152,000
Previous Owner Mulligan Brian $60,000
Closed Mulligan Carol $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2021 08/28/21 Sold $845,000 0.0% $203 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $845,000 -- $203 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,256 $927,394 -- --
2024 $14,415 $860,930 $860,930 $545,930
2023 $14,415 $751,058 $0 $0
2022 $13,008 $682,780 $315,000 $367,780
2021 $8,353 $391,680 $168,000 $223,680
2020 $8,254 $399,900 $164,500 $235,400
2019 $8,298 $403,110 $161,000 $242,110
2018 $7,551 $364,540 $157,500 $207,040
2017 $5,476 $325,620 $168,000 $157,620
2016 $6,695 $322,280 $154,000 $168,280
2015 $3,834 $312,800 $140,000 $172,800
2014 $3,834 $163,500 $64,000 $99,500
Source: Public Records

Agents Affiliated with this Home

  • Tom Walters

    Seller's Agent in 2021

    Tom Walters

    Jensen Beach Property Management

    (772) 419-0400

    1 in this area

    2 Total Sales

    Tom Walters
    Section Image
  • Nestor Monterrey

    Buyer's Agent in 2021

    Nestor Monterrey

    The Keyes Company

    (561) 809-8203

    1 in this area

    48 Total Sales

    Nestor Monterrey
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10727687

BeachesMLS (Greater Fort Lauderdale)

APN: 16-38-41-002-000-00010-6

Florida Martin County Stuart 34994 Willoughby

3118 S Kanner Hwy, Stuart, FL

Not Listed for Sale

MultiFamily

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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