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Cortez Village Multifamily 4507 123rd St W ct

3 Unit Block of Flats £946,800 (£315,600/Unit) Cortez, FL 34215

Executive Summary

Rarely does a property in Cortez Village come available especially like this one with so much history and multiple family units for vacation rentals or yearly leases.
The "Captain Billy Fulford House," is the first house built in Cortez Fishing Village around 1887, making it the oldest. The main house features three bedrooms, one bath, a sleeping loft with balcony views, large living room, office area, kitchen, and a wrap-around front porch. It has recently been updated to include central air conditioning. (Currently Vacant)
The upstairs portion of this large house includes a separate apartment with one bedroom, one bathroom, a living room and a kitchen. There is also some attic space that is accessible through this unit. This apartment has a private entry from the north end of this house. (Currently Vacant)
The back apartment "The Garden Apartment" is block construction, and it has two bedrooms, one bathroom, a large living room, washer and dryer, and a renovated full kitchen. The main house is connected to the garden apartment by a breezeway that is fully enclosed. (This is the only unit currently leased on a month to month.)
The owner has completed a number of updates to this house and these two units such as a new roof, restoration to the front porch, and installing central air and heat along with the other updates included in this description.
Location! Location! Location!
It is less than a block away to the bay and a public dock. The Nathan Fulford property is only one mile from the beautiful beaches of Anna Maria Island and Holmes Beach. Within walking distance from countless water-front restaurants, bars, and shops. Cortez is the last still operative fishing villages in Florida, and this house has been featured in The Historical Walking Tour as well as Ben Greene's novel, The Finest Kind.
Property is being split into two lots. The property that is for sale (south end) includes the house with 2 units along with the garden apartment that is connected by a breezeway. The approx. lot dimensions but may not be exact will include 95' on the west end, 164' on the north side, 164' on the north side and 95' on the east end. Seller is open to selling the entire property to make it +/- 31,350 sf at an additional price.

Property Facts

Price £946,800
Price Per Unit £315,600
Sale Type Investment
No. Units 3
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.36 AC
Building Size 3,103 SF
Number of Floors 2
Year Built 1920

Unit Amenities

  • Air Conditioning
  • Balcony
  • Washer/Dryer
  • Kitchen
  • Porch

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
3+1 1 - -
2+1 1 - -
1+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
76907-0000-5
Land Assessment
£216,704
Improvements Assessment
£148,799
Total Assessment
£365,503

zoning

Zoning Code RSF-6 (Multi Family)
RSF-6 (Multi Family)
  • Listing ID: 32959841

  • Date on Market: 26/08/2024

  • Last Updated:

  • Address: 4507 123rd St W ct, Cortez, FL 34215

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