NOT LISTED FOR SALE

5057 SE Driftwood Ave Stuart, FL 34997

Port Salerno Area

Estimated Value: $849,667

2 Beds
8 Baths
3,360 Sq Ft
$253/Sq Ft Est. Value

Sale Details

Date Sold: March 11, 2025

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

Est. 8% decrease in value since last sale

Current estimated payment $5,472 / mo

112 Days on Market

Highlights

  • Outdoor Living Area
  • Corner Lot
  • Screened Porch
  • Martin County High School Rated A-
  • No HOA
  • Patio

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Juan Lara Real Estate Llc
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
$849,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,333
Avg. Annual Appreciation
-5.44%
Original Mortgage
$832,500
Outstanding Balance
$820,226
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$29,441

Purchase Details

Closed on
Mar 8, 2022
Sold by
Ronald Joseph Mullett Revocable Trust and Mullett Ronald Joseph
Bought by
Juan Lara Real Estate Llc

Purchase Details

Closed on
Oct 30, 2012
Sold by
Mullett Ronald J
Bought by
Mullett Ronald Joseph and Ronald Joseph Mullett Revocable Trust

Purchase Details

Closed on
Nov 18, 2003
Sold by
Mullett Barbara L
Bought by
Mullett Ronald J

Purchase Details

Closed on
May 1, 1981
Bought by
Ronald Joseph Mullett Rev Trust Tr
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Stuart, FL

  • Kristina Roman Real Estate Agent - One Sotheby's International Realty

    Kristina Roman

    One Sotheby's International Realty

    (561) 944-3825

    52 Total Sales

    1 in Port Salerno

    $395,000 Price

    Kristina Roman
     Section Image
  • Alec Van Dyke Real Estate Agent - RE/MAX of Stuart

    Alec Van Dyke

    RE/MAX of Stuart

    (772) 362-2129

    65 Total Sales

    5 in Port Salerno

    $248K - $552K Price Range

    Alec Van Dyke
     Section Image
  • Debra Sopko Real Estate Agent - Water Pointe Realty Group

    Debra Sopko

    Water Pointe Realty Group

    (772) 877-0436

    51 Total Sales

    2 in Port Salerno

    $623K - $775K Price Range

    Debra Sopko
     Section Image
  • Gail Anderson Real Estate Agent - Fulton Grace Realty

    Gail Anderson

    Fulton Grace Realty

    (561) 475-5696

    44 Total Sales

    1 in Port Salerno

    $400,000 Price

    Gail Anderson
     Section Image
  • Elaine R. Davis Real Estate Agent - EXP Realty LLC

    Elaine R. Davis

    EXP Realty LLC

    (857) 232-7642

    162 Total Sales

    2 in Port Salerno

    $887,000 Price Range

    Elaine R. Davis
     Section Image
  • Judith Wickwire Real Estate Agent - RE/MAX of Stuart

    Judith Wickwire

    Responds Quickly

    RE/MAX of Stuart

    (680) 220-4380

    63 Total Sales

    8 in Port Salerno

    $248K - $730K Price Range

    Judith Wickwire
     Section Image
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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
Juan Lara Real Estate Llc $225,000 None Listed On Document
Mullett Ronald Joseph -- Attorney
Mullett Ronald J -- --
Ronald Joseph Mullett Rev Trust Tr $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

  • Kathy Perez Real Estate Agent - Realty One Group Engage

    Seller's Agent in 2025

    Kathy Perez

    Realty One Group Engage

    (772) 285-4292

    49 Total Sales

    Kathy Perez
    Section Image

  • MJ

    Buyer's Agent in 2025

    Margaret Jimenez

    Realty One Group Engage

    (772) 419-0400

    72 Total Sales

    Margaret Jimenez
    Section Image
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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

Florida Martin County Stuart 34997

5057 SE Driftwood Ave, Stuart, FL

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.

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