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4507 123RD STREET W, Cortez, FL, 34215 | $995,000
Under contract-accepting backup offers. Rarely does a property with this size come available in the well known Cortez Village.
The "Captain Billy Fulford House, " is the one of 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)
A brand new exterior stairway has been constructed to the upstairs apartment of the large house that 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 hook up. The main house is connected to the garden apartment by a breezeway that is fully enclosed.
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.
Ability to build more units on the vacant land makes this opportunity a one of a kind buy!
Location! Location! Location!
It is within close proximity to Sarasota bay and a public dock. The Nathan Fulford property is close to beautiful beaches of Anna Maria Island and Holmes Beach. It is also just around the corner to 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.
The approx. lot dimensions but may not be exact will include 190' on the west end, 165' on the north side, 165' on the north side and 190' on the east end.
Features
- Units: 3
- Lot Size: 165 x 190
- Laundry: Electric Dryer Hookup, Inside
- Year Built: 1920
- Heating: Electric
- Cooling: Central Air
- Approx Sq. Feet: 2,762
- Acreage: 0.72
- Lot Size: 165 x 190
- Est. Taxes: $7,809
- MLS#: A4674703
- Days on Market: 118 days
- Website: https://www.raveis.com
/prop/A4674703/4507123rdstreetw_cortez_fl?source=qrflyer
Listing courtesy of AMERICAN PROPERTY GROUP Phone: 941-923-0535
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
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4507 123RD STREET W, Cortez, FL, 34215
$995,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.110% | 6.097% |
| Monthly Tax Payment | $651 | $651 | $651 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,645 | $4,772 | $6,663 |
| Total Monthly Payment | $5,388 | $5,515 | $7,406 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388