Rare opportunity to acquire a vacant triplex investment property in the Golden Gate neighborhood of Stuart, offering immediate lease-up potential and rental upside. The property features three 1BR / 1BA units within a two-story building constructed in 1990 on an approximately 0.202 acre lot. Each unit offers an efficient floor plan with living area, kitchen, bedroom, and bath—well suited for long-term workforce housing tenants. The practical layouts support durable ownership and manageable operating costs. A newer roof adds long-term value and may help reduce near-term capital expense concerns. Because the property is currently fully vacant, the new owner can set market rents immediately and select new tenants, providing full operational control without inherited leases. Comparable rents for 1BR units in the area indicate solid income potential once stabilized. Located in the Golden Gate area of Stuart, the property benefits from convenient access to US-1, downtown Stuart, shopping, parks, and local employment centers, supporting steady rental demand for affordable housing in Martin County. Opportunities to acquire small multifamily properties in Stuart are very limited, particularly with three units under one roof and immediate leasing flexibility. This property presents a compelling opportunity for investors seeking stable rental income and the ability to execute a clean lease-up strategy in a strong rental market.
For sale
$495,000
3162 SE Hawthorne St, Stuart, FL 34997
3beds
3baths
1,486sqft
Est.:
Triplex
Built in 1990
-- sqft lot
$409,900 Zestimate®
$333/sqft
$-- HOA
What's special
Two-story buildingEfficient floor planNewer roof
- 14 hours |
- 49 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: 16 hours ago
Listed by:
Christopher Lundstrom 772-220-0844,
Lundstrom & Company
Source: MIAMI,MLS#: A11978315
Originating MLS: A-Miami Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- None
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Features
- Stairs
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 1,546
- Total interior livable area: 1,486 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 373841007150001109
- Zoning: Golden Gate Redevmp.
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Frame, Stucco
- Roof: Shingle
Condition
- Year built: 1990
Utilities & green energy
- Sewer: Other
Community & HOA
Community
- Subdivision: Golden Gate
HOA
- Has HOA: No
Location
- Region: Stuart
Financial & listing details
- Price per square foot: $333/sqft
- Tax assessed value: $338,500
- Annual tax amount: $7,783
- Date on market: 3/6/2026
- Listing terms: All Cash,Conventional,FHA
Estimated market value
$409,900
$365,000 - $463,000
$1,763/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $495,000+12.5%$333/sqft |
Source: | ||
| 10/23/2024 | Sold | $439,999$296/sqft |
Source: | ||
| 9/20/2024 | Listed for sale | $439,999+57.1%$296/sqft |
Source: | ||
| 4/29/2022 | Sold | $280,000-6.6%$188/sqft |
Source: | ||
| 3/24/2022 | Pending sale | $299,900$202/sqft |
Source: | ||
| 3/17/2022 | Listed for sale | $299,900$202/sqft |
Source: | ||
| 3/12/2022 | Pending sale | $299,900$202/sqft |
Source: | ||
| 2/20/2022 | Listed for sale | $299,900$202/sqft |
Source: | ||
| 2/1/2022 | Pending sale | $299,900$202/sqft |
Source: | ||
| 1/19/2022 | Listed for sale | $299,900+408.3%$202/sqft |
Source: | ||
| 4/5/2013 | Listing removed | $59,000$40/sqft |
Source: Coldwell Banker Residential Real Estate - Stuart #R3246687 Report a problem | ||
| 2/24/2013 | Price change | $59,000+490%$40/sqft |
Source: Coldwell Banker Residential Real Estate - Stuart #R3246687 Report a problem | ||
| 1/31/2013 | Price change | $10,000-83.1%$7/sqft |
Source: Auction.com Report a problem | ||
| 1/11/2013 | Listed for sale | $59,000$40/sqft |
Source: Coldwell Banker #R3246687 Report a problem | ||
| 12/2/2012 | Listing removed | $59,000$40/sqft |
Source: Coldwell Banker Residential Real Estate - Stuart #R3246687 Report a problem | ||
| 5/13/2012 | Listed for sale | $59,000$40/sqft |
Source: Coldwell Banker Residential Real Estate - Stuart #R3246687 Report a problem | ||
| 1/23/2012 | Listing removed | $59,000$40/sqft |
Source: Coldwell Banker Residential Real Estate - Stuart #R3246687 Report a problem | ||
| 12/17/2011 | Listed for sale | $59,000$40/sqft |
Source: Coldwell Banker Residential Real Estate - Stuart #R3246687 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,851 +7.8% | $328,295 +10% |
| 2023 | $6,357 +33.1% | $298,450 +66% |
| 2022 | $4,777 +31.4% | $179,738 +10% |
| 2021 | $3,635 +15% | $163,399 +10% |
| 2020 | $3,162 +7.3% | $148,545 +10% |
| 2019 | $2,946 | $135,041 +5.9% |
| 2018 | $2,946 +18.3% | $127,500 +8.7% |
| 2017 | $2,491 +49.7% | $117,300 +9.5% |
| 2016 | $1,664 | $107,100 +6.3% |
| 2015 | $1,664 | $100,800 +20.2% |
| 2014 | $1,664 | $83,850 +3.6% |
| 2013 | -- | $80,930 -9.2% |
| 2012 | -- | $89,100 +6.3% |
| 2011 | -- | $83,850 -18.7% |
| 2010 | -- | $103,100 -5.9% |
| 2009 | -- | $109,610 -30% |
| 2008 | -- | $156,610 -7.8% |
| 2007 | $1,699 | $169,890 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,052/mo
Principal & interest
$2363
Property taxes
$689
Climate risks
Neighborhood: 34997
Nearby schools
GreatSchools rating
- 4/10Port Salerno Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 5/10Dr. David L. Anderson Middle SchoolGrades: 6-8Distance: 3.6 mi
- 6/10Jensen Beach High SchoolGrades: 9-12Distance: 6.3 mi











