Stuart, FL 34997,5043 SE Primrose WAY
Stuart, FL 34997,5043 SE Primrose WAY
Stuart, FL 34997,5043 SE Primrose WAY
27
Listed by Nicole Nastasia • RE/MAX of Stuart • 772-288-1111
Bought with Nicole Nastasia • RE/MAX of Stuart
$520,000
$525,000
1.0%
Est.Price: ?

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2,511 SqFt

5043 SE Primrose WAY Stuart, FL 34997

Est. payment /mo
SOLD DATE : 11/21/2023

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Key Details

Sold Price $520,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,511 sqft

Price per Sqft $207

Subdivision Dixie Park Add

MLS Listing ID M20040937

Sold Date 11/21/23

Construction Status Resale

Year Built 1990

Annual Tax Amount $6,845

Tax Year 2022

Lot Size 0.256 Acres

Acres 0.256

Property Description

Welcome to an awesome investment opportunity.  A triplex with 6 bedrooms and 6 bathrooms total. This property offers a lucrative investment opportunity with stable rental income. Each unit features 2 spacious bedrooms and 2 full baths, providing ample space for comfortable living. Some highlights of this triplex is the fenced yard for each unit, the open work space and ample storage in the kitchens and stainless steel appliances. Inside, you'll find tile throughout, creating low-maintenance living environment. Each unit has separate electrical meters & central air conditioning. Unit #5043 brings in $1650 per month, unit #5045 brings in $1750 per month, and unit #5049 brings in $1625 per month in rental income. All units are currently occupied by stable tenants. Carrying costs include: $6800 in taxes annually, $3800 in insurance per year, and $130 per month for lawncare. The monthly income for all units is $5025, offering approximately 9% CAP rate.

Location

State FL

County Martin

Community Fenced Yard

Area 14-Hobe Sound Stuart S Of Cove Rd

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Fireplace No

Exterior

Exterior Feature Fence

Garage Driveway

Community Features Fenced Yard

Utilities Available Trash Collection, Water Available

Waterfront No

View Y/N Yes

View Garden

Roof Type Composition, Shingle

Private Pool No

Building

Faces West

Construction Status Resale

Others

Pets Allowed Yes

HOA Fee Include None

Senior Community No

Tax ID 303842004030000707

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Pets Description Yes

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Allison Roman

Agent | License ID: 3409788

+1(321) 720-2141

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