Sound event localization and detection (SELD) is a crucial component of machine listening that aims to simultaneously identify and localize sound events in multichannel audio recordings. This task demands an integrated analysis of spatial, temporal, and frequency domains to accurately characterize sound events. The spatial domain pertains to the varying acoustic signals captured by multichannel microphones, which are essential for determining the location of sound sources. However, the majority of recent studies have focused on time-frequency correlations and spatio-temporal correlations separately, leading to inadequate performance in real-life scenarios. In this paper, we propose a novel SELD method that utilizes the newly developed Spatio-Temporal-Frequency Fusion Network (STFF-Net) to jointly learn comprehensive features across spatial, temporal, and frequency domains of sound events. The backbone of our STFF-Net is the Enhanced-3D (E3D) residual block, which combines 3D convolutions with a parameter-free attention mechanism to capture and refine the intricate correlations among these domains. Furthermore, our method incorporates the multi-ACCDOA format to effectively handle homogeneous overlaps between sound events. During the evaluation, we conduct extensive experiments on three de facto benchmark datasets, and our results demonstrate that the proposed SELD method significantly outperforms current state-of-the-art approaches.