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4507 123 St W Cortez, FL 34215

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For Sale
$995,000

Multifamily property in historic Cortez Village with development potential.

Lot size:
0.72 Acres

Property Features for 4507 123 St W

General Information

Property type
Investment
Standard status
Active
Lot size
0.72 Acres

Building Details

Year built
1920

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Listing Contact
Adam Doak
Adam Doak
Source: Elliman

Listing Agency: American Property Group Listing Agent: Adam Doak

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Historic Cortez Village Multifamily Opportunity

Located in the well-known Cortez Village, the "Captain Billy Fulford House" is one of the first houses built in Cortez Fishing Village, dating back to approximately 1887. The main house features three bedrooms, one bath, a sleeping loft with balcony views, a large living room, an office area, a kitchen, and a wrap-around front porch. It has been updated to include central air conditioning and is currently vacant. A new exterior stairway leads to an upstairs apartment with a separate one-bedroom, one-bathroom unit, a living room, a kitchen, and accessible attic space. This apartment has a private entry on the north end and is also currently vacant. The back apartment, known as "The Garden Apartment," is of block construction and includes two bedrooms, one bathroom, a large living room, and washer and dryer hookups. The main house is connected to the garden apartment by a fully enclosed breezeway. Updates include a new roof, restoration to the front porch, and the installation of central air and heat. The property's vacant land offers the ability to build more units. The property is in close proximity to Sarasota Bay and a public dock, near the beaches of Anna Maria Island and Holmes Beach, and around the corner from waterfront restaurants, bars, and shops. Cortez is the last operative fishing village in Florida, and this house has been featured in The Historical Walking Tour and Ben Greene's novel, The Finest Kind. The approximate lot dimensions include 190' on the west end, 165' on the north side, 165' on the north side and 190' on the east end.
Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Cortez
County
Manatee
State
Florida
Longitude
-82.6852
Latitude
27.4682

FAQs

What type of property is this?
Multifamily property - Multifamily property in historic Cortez Village with development potential.
Where is this multifamily property located?
The property is located at 4507 123 St W Cortez, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: - Rare opportunity to own a large property with development potential in the desirable Cortez Village, Florida's last operative fishing village.; - Own a piece of history with the 'Captain Billy Fulford House' (circa 1887), the oldest house in Cortez Fishing Village.; - Includes a main house (3BR/1BA + sleeping loft), a separate 1BR/1BA apartment with private entry, and a 2BR/1BA 'Garden Apartment', offering multiple living spaces or rental income potential.
More about this property
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