NOT LISTED FOR SALE

5199 SE Primrose Way Stuart, FL 34997

Estimated Value: $506,000 - $658,000

2 Beds
3 Baths
2,664 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $532,000 $200 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,815/month

27 Days on Market

Highlights

  • Water Views
  • Tile Flooring
  • Central Heating and Cooling System
  • South Fork High School Rated A-

About This Home

As of July 2024

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.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.

Last Agent to Sell the Property

Fiona Barone

EXP Realty LLC License #3337434 Listed on: 06/17/2024

EXP Realty LLC

Last Buyer's Agent

Ana Maria Oramas

Total R E Consultants Inc License #3487529

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,552

Year Built

  • Built in 1990

Lot Details

  • 0.26 Acre Lot

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Triplex
  • Frame Construction
  • Modular or Manufactured Materials

Interior Spaces

  • 2,664 Sq Ft Home
  • 1-Story Property
  • Water Views

Flooring

  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 303842002009001800

Community Details

Overview

  • 3 Units
  • Dixie Park Addition Subdivision

Building Details

  • Operating Expense $10,278
  • Net Operating Income $45,522

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,552

Year Built

Built in 1990

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: SE Cove Road to SE Railway Ave to 5199 SE Primrose on Left
  • Year Built: 1990
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 2664.0

Exterior Features

  • Exterior Features: None
  • View: Other, Water
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame, Modular/Prefab
  • Property Condition: Resale
  • Roof: Other

Utilities

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

Condo/Co-op/Association

  • Association Fee: 30.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 303842002009001800
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 11251.0
  • Zoning Description: res

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 45522.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 10278.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8552.0

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
$567,749

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
5.57%
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%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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

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 $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

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Map

Source: BeachesMLS

MLS Number: R10996698

BeachesMLS

APN: 30-38-42-002-009-00180-0