NOT LISTED FOR SALE

5057 SE Driftwood Ave Stuart, FL 34997

Port Salerno Area

Estimated Value: $615,000 - $825,000

2 Beds
8 Baths
3,360 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: March 11, 2025

Last sale price $925,000 $275 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $4,865 / mo

112 Days on Market

Highlights

  • Outdoor Living Area
  • Corner Lot
  • Screened Porch
  • Martin County High School Rated A-
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2025

Two duplexes, 4 units. All units Leased. 5067 Driftwood has been remodeled. Unit 5056 has been updated. Roofs-seamless metal 2022/23. Individual parking for all units. Individual electric meters. Each unit 840 living space with exception of 4175 Broward. NO HOA. 3 units 2 bedrooms 1.5 bath. All units have full size washer/dryers. Moments from Waterfront dining and the community boat ramp.

Last Agent to Sell the Property

Kathy Perez

Realty One Group Engage License #673605 Listed on: 10/04/2024

Realty One Group Engage

Last Buyer's Agent

Margaret Jimenez

Realty One Group Engage License #3120190

Realty One Group Engage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,591

Year Built

  • Built in 1981

Lot Details

  • 17,250 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Metal Roof
  • Stucco

Interior Spaces

  • 8 Bathrooms
  • 3,360 Sq Ft Home
  • 1-Story Property
  • Screened Porch

Flooring

  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Patio
  • Outdoor Living Area

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Three-Phase Power
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 513841001041000616

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Port Salerno Subdivision

Building Details

  • Gross Income $6,850
  • Net Operating Income $71,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,591

Year Built

Built in 1981

Lot Details

0.4 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: A1A to Broward. Quadruplex is on Broward (Blue) and Driftwood (Brown).
  • Year Built: 1981
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 3360.0

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Fencing: Fenced
  • Lot Features: Corner Lot, 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • Road Surface Type: Paved
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Stucco
  • Patio And Porch Features: Patio, Screened
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Water Source: Multiple Meters

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 513841001041000616
  • Lot Size Acres: 0.4
  • Mobile Dim Units: Feet
  • Zoning: residential

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Property Net Operating Income: 71608.0
  • Number Of Units Total: 4
  • Annual Gross Income: 6850.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10591.2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Mar 11, 2025
Sold by
Bought by
Seller's Agent
Kathy Perez
Realty One Group Engage
Buyer's Agent
Margaret Jimenez
Realty One Group Engage
List Price
$998,000
Sold Price
$925,000
Premium/Discount to List
-$73,000
-7.31%
Views
68
Current Estimated Value
$718,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$206,667
Avg. Annual Appreciation
-17.20%
Original Mortgage
$832,500
Interest Rate
0.0695%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 18, 2003
Sold by
Bought by

Purchase Details

Closed on
May 1, 1981
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$925,000 None Listed On Document
$225,000 None Listed On Document
-- Attorney
-- --
$142,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $832,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/11/2025 03/11/25 Sold $925,000 -2.4% $275 / Sq Ft
12/14/2024 12/14/24 Price Changed $948,000 -5.0% $282 / Sq Ft
10/04/2024 10/04/24 For Sale $998,000 -- $297 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,556 $646,236
2024 $10,591 $587,488
2023 $10,591 $534,080 $534,080 $486,580
2022 $7,836 $329,899 $0 $0
2021 $7,328 $299,909 $0 $0
2020 $6,501 $348,000 $26,600 $321,400
2019 $6,006 $306,000 $26,600 $279,400
2018 $5,282 $240,000 $26,600 $213,400
2017 $3,550 $220,800 $34,420 $186,380
2016 $4,401 $189,000 $34,420 $154,580
2015 $3,662 $189,000 $34,420 $154,580
2014 $3,662 $153,000 $36,230 $116,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11026667

BeachesMLS (Greater Fort Lauderdale)

APN: 51-38-41-001-041-00061-6

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