NOT LISTED FOR SALE

3311 SE Ferndale Ave Stuart, FL 34997

Golden Gate Neighborhood

Estimated Value: $558,000 - $654,000

2 Beds
3 Baths
2,604 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $365,000 $140 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,939/month

6 Days on Market

Highlights

  • Boat Ramp
  • Wood Flooring
  • Porch
  • Jensen Beach High School Rated A
  • No HOA
  • Shed

About This Home

As of August 2018

• Fully leased triplex building in the sought out Golden Gate community of Stuart. NOI = $35,790.00
• Each unit has been remodeled with fresh paint, new flooring, fixtures, and brand new appliances.
• Easy to manage property with consistent tenancy.
• Located on the corner of SE Ferndale Ave. and SE Jefferson Street.
• Close proximity to US-1, minutes away from parks, marinas, and National businesses such as Walmart, Chili's, Aldi, and many others.

Last Agent to Sell the Property

Patrick Cummings

Capital Partners Commercial Real Estate LLC License #3399808 Listed on: 07/16/2018

Last Buyer's Agent

Patrick Cummings

Capital Partners Commercial Real Estate LLC License #3399808 Listed on: 07/16/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,488

Year Built

  • Built in 1978

Lot Details

  • 0.29 Acre Lot

Home Design

  • Triplex
  • Composition Roof
  • Fiberglass Roof

Interior Spaces

  • 3 Bathrooms
  • 2,604 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 373841007194000108

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Golden Gate Subdivision

Recreation

  • Boat Ramp
  • Boating

Building Details

  • Gross Income $43,800
  • Net Operating Income $35,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,488

Year Built

Built in 1978

Lot Details

0.29 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: from SE Dixie Hwy, head east on Jefferson St .4 miles then turn right on SE Ferndale and the subject property is on the left hand side.
  • Year Built: 1978
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Living Area: 2604.0

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Concrete
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Composition, Fiberglass

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Multiple Meters

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boating
  • Association: No

Lot Info

  • Parcel #: 373841007194000108
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.4
  • Mobile Dim Units: Feet
  • Zoning: R3

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Multi Family

  • Property Net Operating Income: 35790.0
  • Number Of Units In Community: 3
  • Annual Gross Income: 43800.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3488.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Thi Phuong Phan Revocable Living Trust
Bought by
Garcia Sebastian and Garcia Manuel Alexander
Current Estimated Value
$586,639

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 17, 2018
Sold by
3311 Se Ferndale Llc
Bought by
Phan Thi Phoung and Phan Phoung Thi
Seller's Agent
Patrick Cummings
Capital Partners Commercial Real Estate LLC
Buyer's Agent
Patrick Cummings
Capital Partners Commercial Real Estate LLC
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Jan 10, 2018
Sold by
Johnson Sarah H and Bielawny Sarah H
Bought by
3311 Se Ferndal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 1, 1984
Bought by
Johnson Sarah H

Purchase Details

Closed on
Jan 1, 1901
Bought by
Johnson Sarah H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Garcia Sebastian $580,000 Title Services Of Florida
Phan Thi Phoung $365,000 Attorney
3311 Se Ferndal Llc $180,000 Attorney
Johnson Sarah H $100 --
Johnson Sarah H $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3311 Se Ferndal Llc $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $365,000 -8.5% $140 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $399,000 -- $153 / 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 $11,044 $586,080 -- --
2024 $9,412 $532,800 $532,800 $462,800
2023 $9,412 $408,483 $0 $0
2022 $8,667 $371,349 $0 $0
2021 $7,075 $337,590 $0 $0
2020 $6,493 $334,800 $70,000 $264,800
2019 $5,886 $279,000 $60,000 $219,000
2018 $3,846 $180,000 $60,000 $120,000
2017 $2,561 $165,600 $60,000 $105,600
2016 $3,210 $141,750 $53,000 $88,750
2015 $2,636 $141,750 $21,000 $120,750
2014 $2,636 $108,000 $21,000 $87,000
Source: Public Records

Agents Affiliated with this Home

  • Patrick Cummings

    Seller's Agent in 2018

    Patrick Cummings

    Capital Partners Commercial Real Estate LLC

    (561) 385-9065

    7 Total Sales

    Patrick Cummings
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10448158

BeachesMLS (Greater Fort Lauderdale)

APN: 37-38-41-007-194-00010-8

Florida Martin County Stuart 34997 Golden Gate

3311 SE Ferndale Ave, Stuart, FL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.