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Sold for $791,000
    • $791,000

    4320 123RD STREET W, CORTEZ, FL 34215

    5beds
    3baths
    2,025sqft
    Duplex, Multi Family
    Built in 1960
    -- sqft lot
    $785,700 Zestimate®
    $391/sqft
    $2,652 Estimated rent

    Home value

    $785,700

    $707,000 - $880,000

    $2,652/mo

    Zestimate® history
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    $2,652/mo

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    $5,424/mo

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    $5,424/mo

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    What's special

    Outstanding Multi-family Income Property Just 1 Mile from the Enchanting Beaches of Anna Maria Island! This remarkable duplex is a true gem, boasting an exceptional location within a mere mile from the pristine shores of Anna Maria Island. Situated in the vibrant vicinity of Bridge St, this property offers the perfect blend of tranquility and access to the thriving shops, restaurants, and nightlife, making it an incredibly attractive investment opportunity. Whether you're considering Airbnb or Vrbo leasing, this property is primed for success. The original structure features 2 bedrooms and 1 full bathroom, along with a convenient 1-car garage. In 1999, a thoughtful addition was constructed, which includes 3 bedrooms and 2 full baths, cleverly positioned above a 4-car garage that also incorporates a spacious workshop. Both units are equipped with durable metal roofs, laundry facilities, and separate entrances, ensuring the utmost convenience for tenants. Additionally, each unit has its own water and power meters, streamlining billing procedures. The larger unit goes above and beyond, boasting wiring for a generator in case of power outages and fortified protection with PGT impact windows and storm shutters. The property's sides and backyards are thoughtfully fenced to provide privacy and feature xeriscape landscaping for minimal upkeep. With no HOA, Deed Restrictions, or CDD, you have the freedom to tailor this property to your vision. What's more, the icing on the cake is the property's current General Commercial zoning, adding significant value and versatility to this exceptional investment opportunity! Don't miss your chance to own this outstanding income property in a prime location.

    Zillow last checked:

    Listing updated:

    Listed by:

    William Fortner 941-915-4045,

    REALTY EXECUTIVES GALLERY 941-957-0833

    Bought with:

    James Hornberger, 3416536

    FINE PROPERTIES

    Source: Stellar MLS,MLS#: A4584431MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Rooms
    • Room types: Utility Room, Storage Rooms
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Electric Water Heater, Kitchen Reverse Osmosis System, Range, Refrigerator
    • Laundry: Inside, Laundry Closet
    Features
    • Ceiling Fan(s), Kitchen/Family Room Combo, Open Floorplan, Walk-In Closet(s), In-Law Floorplan
    • Flooring: Carpet, Ceramic Tile, Laminate
    • Windows: Blinds, Window Treatments, Hurricane Shutters, Hurricane Shutters/Windows
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,025 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Boat, Covered, Garage Door Opener, Golf Cart Garage, Ground Level, Guest, Oversized, Under Building
    • Attached garage spaces: 4
    Features
    • Exterior features: Lighting, Private Mailbox, Storage
    • Fencing: Fenced
    Lot
    • Size: 8,638 Square Feet
    • Dimensions: 96 x 90
    Details
    • Parcel number: 7613800007
    • Zoning: GC/CH
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Block, Vinyl Siding, Wood Frame
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Emergency Power, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
    Green energy
    • Water conservation: Fl. Friendly/Native Landscape, Xeriscape

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: CIPRIANIS 2ND
    HOA
    • Has HOA: No
    Location
    • Region: Cortez

    Financial & listing details

    • Price per square foot: $391/sqft
    • Tax assessed value: $635,596
    • Annual tax amount: $2,923
    • Date on market: 10/1/2023
    • Cumulative days on market: 145 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    3/15/2025Listing removed$5,949$3/sqft
    Source: Zillow Rentals Report a problem
    2/4/2025Listed for rent$5,949$3/sqft
    Source: Zillow Rentals Report a problem
    3/29/2024Sold$791,000-6.9%$391/sqft
    Source: Stellar MLS #A4584431 Report a problem
    3/1/2024Pending sale$850,000$420/sqft
    Source: Stellar MLS #A4584431 Report a problem
    3/1/2024Listed for sale$850,000$420/sqft
    Source: Stellar MLS #A4584431 Report a problem
    2/28/2024Pending sale$850,000$420/sqft
    Source: Stellar MLS #A4584431 Report a problem
    11/1/2023Listed for sale$850,000$420/sqft
    Source: Stellar MLS #A4584431 Report a problem
    10/30/2023Pending sale$850,000$420/sqft
    Source: Stellar MLS #A4584431 Report a problem
    10/1/2023Listed for sale$850,000$420/sqft
    Source: Stellar MLS #A4584431 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,230 +212.4%$635,596 +209.9%
    2024$3,275 +10.9%$205,107 +6.3%
    2023$2,954 +1%$192,891 +6.2%
    2022$2,923 +8%$181,599 +6.1%
    2021$2,706 +3.7%$171,151 +5%
    2020$2,611 +1.5%$162,936 +5.4%
    2019$2,573 $154,551 -17.9%
    2018$2,573 +2.6%$188,158 +34.3%
    2017$2,509 +24%$140,100 +1.3%
    2016$2,023 $138,285 +0.4%
    2015$2,023 $137,684 +0.9%
    2014$2,023 -8.6%$136,510 -7.9%
    2013$2,214 +221327%$148,274 +0.8%
    2012$1 $147,164 -9.9%
    2011$1 $163,250 -1.4%
    2010-- $165,556 -5.6%
    2009$2,574 +11.4%$175,470 -3%
    2008$2,309 -6%$180,988 -2.3%
    2007$2,457 -3.7%$185,172 +3.6%
    2006$2,551 +57.6%$178,802 +49.6%
    2005$1,618 +2.3%$119,495 +3%
    2004$1,582 +0.6%$116,015 +1.9%
    2003$1,572 +2.6%$113,852 +2.4%
    2002$1,532 +3.6%$111,184 +1.6%
    2001$1,479 +1.8%$109,433 +132.2%
    2000$1,452 $47,123
    Find assessor info on the county website

    Neighborhood: 34215

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    Estimated market value
    $785,700
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    Estimated market value
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