NOT LISTED FOR SALE

3311 SE Ferndale Ave Stuart, FL 34997

Golden Gate Neighborhood

Estimated Value: $534,000 - $582,412

2 Beds
3 Baths
2,604 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 17, 2018

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

Est. 57% increase in value since last sale

Current estimated payment $4,053/month

1 Day on Market

Highlights

  • Wood Flooring
  • Porch
  • Shed
  • Jensen Beach High School Rated A
  • Open Patio
  • Central Heating and Cooling System

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
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof

Interior Spaces

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

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Open Patio
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 373841007194000108

Community Details

Overview

  • 3 Units
  • Golden Gate Subdivision

Building Details

  • Operating Expense $8,010
  • Net Operating Income $35,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,488

Year Built

Built in 1978

Lot Details

0

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
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

  • Exterior Features: Porch, Shed
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Fiberglass, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 373841007194000108
  • Lot Size Sq Ft: 12501.0
  • Zoning Description: R3
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 35790.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 8010.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3488.0

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
$572,184

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
7.61%

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
Sold by
Seller - See File For Name
Bought by
Johnson Sarah H

Purchase Details

Closed on
Jan 1, 1901
Sold by
Seller - See File For Name
Bought by
Johnson Sarah H
Source: Public Records

Range of Values:

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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
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 Change Sq Ft Price
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

Tax History Compared to Growth

Source: Public Records

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

    8 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10448158

BeachesMLS

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

Florida Martin County Stuart 34997 Golden Gate

3311 SE Ferndale Ave, Stuart, FL

This home is located at 3311 SE Ferndale Ave, Stuart, FL 34997 since 16 July 2018 and is currently estimated at $558,603, approximately $214 per square foot. This property was built in 1978. 3311 SE Ferndale Ave is a home located in Martin County with nearby schools including Port Salerno Elementary School, Dr. David L. Anderson Middle School, and Jensen Beach High School.

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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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