Seller's Agent in 2024
Fiona Barone
EXP Realty LLC
(561) 400-2653
2 in this area
238 Total Sales
5199 SE Primrose Way Stuart, FL 34997
Estimated Value: $458,000 - $516,000
2
Beds
6
Baths
2,664
Sq Ft
$186/Sq Ft
Est. Value
About This Home
As of July 2024Great opportunity to own this renovated Triplex in Stuart on an 11,251 sq ft lot. Stuart is named one of the best places to live in Florida. The location is close to Port Salerno, parks, dining, and 6 miles from downtown. Each unit is on a separate meter and has a washer and dryer hookup. Each unit is 2 bedrooms and 2 bathrooms with separate driveways. Unit one and unit two are occupied on a month-to-month basis, and unit three is currently occupied. The Triplex is located in a quiet neighborhood of Manatee Park.This renovated triplex offers steady rental income with three units. Each unit features two bedrooms, two bathrooms, separate driveways, and individual meters. The property includes washer and dryer hookups for each unit. Situated in a quiet neighborhood of Manatee Park. ### Rental Income Opportunity Listing #### Property Overview
Great opportunity to own this renovated Triplex in Stuart on an 11,251 sq ft lot. Stuart is named one of the best places to live in Florida. The location is close to Port Salerno, parks, dining, and 6 miles from downtown. Each unit is on a separate meter and has a washer and dryer hookup. Each unit is 2 bedrooms and 2 bathrooms with separate driveways. Unit one and unit two are occupied on a month-to-month basis, and unit three is currently occupied. The Triplex is located in a quiet neighborhood of Manatee Park. #### Property Details
This renovated triplex offers steady rental income with three units. Each unit features two bedrooms, two bathrooms, separate driveways, and individual meters. The property includes washer and dryer hookups for each unit. #### Location Highlights
Situated in a quiet neighborhood of Manatee Park, this property is close to Port Salerno, parks, dining options, and only 6 miles from downtown Stuart, making it a prime location for tenants. Stuart has been named one of the best places to live in Florida, enhancing the investment's appeal. #### Investment Highlights
With current tenants in all units, this triplex provides an immediate income opportunity. The property has been recently renovated, reducing the need for immediate maintenance and improving rental appeal. This triplex offers a fantastic investment opportunity with its prime location, individual unit features, and potential for rental income. Don't miss out on this chance to own a piece of one of Florida's best places to live!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,552
Year Built
- Built in 1990
Lot Details
- 11,251 Sq Ft Lot
Home Design
- Triplex
- Frame Construction
- Modular or Manufactured Materials
Interior Spaces
- 6 Bathrooms
- 2,664 Sq Ft Home
- 1-Story Property
Flooring
- Linoleum
- Tile
- Vinyl
Utilities
- Central Heating and Cooling System
- Three-Phase Power
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 303842002009001800
Community Details
Overview
- Property has a Home Owners Association
- 3 Units
- Dixie Park Addition Subdivision
Building Details
- Gross Income $55,800
- Net Operating Income $45,522
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 9, 2025
Sold by
Angles Jason Antonio
Bought by
5199 Primrose Llc
Current Estimated Value
Purchase Details
Listed on
Jun 17, 2024
Closed on
Jul 26, 2024
Sold by
Serene Advisory Inc
Bought by
Angles Jason Antonio
Seller's Agent
Fiona Barone
EXP Realty LLC
Buyer's Agent
Ana Maria Oramas
Total R E Consultants Inc
List Price
$649,900
Sold Price
$532,000
Premium/Discount to List
-$117,900
-18.14%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.22%
Original Mortgage
$21,280
Interest Rate
6.87%
Purchase Details
Closed on
Dec 11, 2019
Sold by
Grey Grouper Llc
Bought by
Serene Advisory Inc
Purchase Details
Closed on
May 5, 2015
Sold by
8525 Lyons Llc
Bought by
Grey Grouper Llc
Purchase Details
Closed on
May 13, 2013
Sold by
Sotomayor Dalynn
Bought by
8525 Lyons Llc
Purchase Details
Closed on
Mar 26, 2004
Sold by
Wilcox Milton L and Wilcox Sandra E
Bought by
Sotomayor Edgar L and Sotomayor Dalynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,120
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 13, 1996
Sold by
Casey Freda F
Bought by
Wilcox Milton L and Wilcox Sandra F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
8.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 7, 1994
Sold by
E T S Inv Corp
Bought by
Casey Freda F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
8.53%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5199 Primrose Llc | $100 | None Listed On Document | |
| 5199 Primrose Llc | $100 | None Listed On Document | |
| Angles Jason Antonio | $532,000 | None Listed On Document | |
| Serene Advisory Inc | $368,600 | South Florida Title Svcs Inc | |
| Grey Grouper Llc | $185,000 | South Florida Title Svcs Inc | |
| 8525 Lyons Llc | $85,600 | None Available | |
| Sotomayor Edgar L | $253,900 | Advantage Title Company | |
| Wilcox Milton L | $102,000 | -- | |
| Casey Freda F | $102,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Angles Jason Antonio | $21,280 | |
| Previous Owner | Angles Jason Antonio | $425,600 | |
| Previous Owner | Sotomayor Edgar L | $203,120 | |
| Previous Owner | Casey Freda F | $76,500 | |
| Previous Owner | Casey Freda F | $76,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2024 07/30/24 | Sold | $532,000 | -18.1% | $200 / Sq Ft |
| 07/15/2024 07/15/24 | Pending | -- | -- | -- |
| 06/17/2024 06/17/24 | For Sale | $649,900 | -- | $244 / 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 | $9,302 | $498,960 | $107,530 | $391,430 |
| 2024 | $8,552 | $459,993 | -- | -- |
| 2023 | $8,552 | $418,176 | $0 | $0 |
| 2022 | $7,797 | $380,160 | $0 | $0 |
| 2021 | $7,149 | $345,600 | $92,860 | $252,740 |
| 2020 | $6,786 | $334,800 | $87,980 | $246,820 |
| 2019 | $5,277 | $279,000 | $78,200 | $200,800 |
| 2018 | $4,619 | $218,700 | $63,540 | $155,160 |
| 2017 | $3,248 | $202,500 | $48,880 | $153,620 |
| 2016 | $3,804 | $170,100 | $41,060 | $129,040 |
| 2015 | $2,872 | $151,200 | $41,060 | $110,140 |
| 2014 | $2,872 | $122,400 | $14,490 | $107,910 |
Source: Public Records
Agents Affiliated with this Home
-
Fiona Barone
-
Ana Maria Oramas
Buyer's Agent in 2024
Ana Maria Oramas
Total R E Consultants Inc
(772) 444-2383
1 in this area
23 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R10996698
APN: 30-38-42-002-009-00180-0
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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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