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Sold on 03/31/2016
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2971 SE Ferndale Ave #2971 & 2981, Stuart, FL 34997

  • $355,000

    Last sold 03/31/2016 for $171K

  • —

    bed

  • —

    bath

  • 2,616

    Sqft ($65/Sqft)

Multi-family not for sale
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About 2971 SE Ferndale Ave #2971 & 2981

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 5,663 Sqft
Movoto estimate
Rental estimate
Property description
OWNERS FINANCING ONLY. Remodeled 2/1.5 on each side with attached carports and a rear storage building. Full tenancy since 2011. AC and handlers are new since 2011. 2011 new kitchen cabinets, bathroom vanities, toilets. Drain field replaced in 2011. Sump pump replaced in 2014. Septic pumped and filter cleaned annually. 2006 roof was rebuilt. Both leases renewed March 1st & April 1st 2016. Annual Income is typically $19,200.00. Sellers has proof of income records and copies of leases. Buyers proof of funds required prior to showing. DO NOT APPROACH TENANTS. THEY ARE NOT AWARE BUILDING IS FOR SALE. Warranty on AC's will convey. Neighboring 3/1 duplex located at 2605 SE Bonita Street also available as package deal. Bonita annual income $21,600.00. M Total potential annual income for both properties is $40,800.00
Listed by
Listing Agent - Henry A Gockenbach
Listing Office - Real Estate of Florida
Source: SEFMLS mls logo
MLS#R10219660 • last updated 1 month ago
Movoto checked SEFMLS for data 6 minutes ago
Overview
Levels/Style One, 1
Type Residential Income
SubType Duplex
Status Closed
MLS # R10219660
SqFt 2616
Lot Size (Acres) 0.13
Property Tax 2393
Year Built 1972
Interior
Exterior
Roof Composition
Exterior Block
Exterior Features Fruit Trees
Amenities / Utilities
Electricity 3 Phase
Sewer/ Septic Septic Tank
Water Source Public
Pool Desc None
HOA Amenities None
Location
View Pond
Subdivision GOLDEN GATE
Area/ Subdivision 6070
APN 373841007054000190
Zoning Residential
Multifamily Details
Total # of Units 4
Gross Income 19200
Financial Data Source Owner
Total Actual Rent 19200
Lot/ Land Details
$355K
Range: $234K-$475K
Last 30 days 
Rental est.: $2,325/month
Gross rent multiplier: 6.1 - Great
  • Apr 2016
    mls logo MLS # R10219660
  • Apr 27, 2016 Sold
    $171,000
  • Apr 27, 2016 Sold
    $171,000 (+1.6%)
  • Mar 24, 2016 Listed
    $168,300
  • Mar 23, 2016 Listed
    $168,300 (+236.6%)
  • Mar 2011
    Public Records
  • Mar 1, 2011 Sold
    $50,000
  • 2971 SE Ferndale Ave #2971 & 2981
    $171K
  • Golden Gate
    —
  • 34997
    $617K +15% y/y
  • Stuart
    $499K +5% y/y
No chart available
Statistics calculated by Movoto

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4/10
Port Salerno Elementary School
public Grades PK, K-5
Martin
3/10
Dr. David L. Anderson Middle School
public Grades 6-8
Martin
5/10
Jensen Beach High School
public Grades 9-12
Martin
Source: GreatSchools.org © 2026. All rights reserved.

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  • Martin County
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  • 2971 SE Ferndale Ave #2971 & 2981
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