by Global Lifestyle Properties

See Home Value
$1,100,000
● Land - Off Market

123 Cortez Road

West Palm Beach, FL 33405
bedrooms
Studio
bathrooms
0 Bath
$2,097,216
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

Deepest lot with water views available in the very desirable South of Southern East of Olive neighborhood. Build your dream home with intracoastal views on this beautiful 105' x 139' high elevation lot. Along with the location, the indiginous palms and landscaping make this property unique and special. Enjoy Flagler Drive, ride yoru bike or walk along the Intracoastal to the beach or downtown, enjoy local restaurants in walking distance and quick easy access to Cityplace, malls and the airport. This is a special opportunity that does not often present itself on this very desirable street and neighborhood.
Unit Size
-
Days on Market
232 days
Land Size
0.37 acres
Price per sqft
-
Property Type
Land
Property Taxes
$703
HOA Dues
-
Year Built
2022

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (Beaches MLS #R10239644)

Price History

Date / Event Date Event Price
Jan 18, 2017 Sold
Sold
Jun 1, 2016 Listed by The Corcoran Group $1,249,000
Listed by The Corcoran Group
Sep 11, 2015 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 7
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 768
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,697
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 4,921
  • Gross Building Area: 4,921
  • Building Area: 4,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOLEDO
  • Land Acres: 0000000337
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TOLEDO LTS 48 & 49 & W 55 FT OF LTS 50 & 51

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003600

Zoning

  • Zoning: SF7

Geography

  • Parcel: 74-43-44-10-18-000-0480
  • Lot: 48
  • Meridian: SEC 10 TWN 44S RNG 43E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.6578
  • Longitude: -80.048

    Address

  • Full Address: 123 Cortez Rd
  • Address - House Number: 123
  • Address - Street Name: Cortez
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C006
  • 4-Digit Zip Code: 4103
  • Zip Code: 33405

Valuation

    Tax

  • Total Area: 4,297
  • Tax Year: 2023
  • Tax Amount: $7,027,009
  • Tax Rate Code Area: 74982

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 4,811,181
  • High Value: 5,685,344
  • Low Value: 3,937,018

    Market Valuation

  • Market Total Value: $3,887,151
  • Market Land Value: $1,439,130
  • Market Improvement Value: $2,448,021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,180,071

    Sales

  • Current Sale Contract Date: Jan 18, 2017
  • Current Sale Recording Date: Jan 18, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20170019446
  • Previous Sale Recording Date: Sep 11, 2015
  • Previous Sale Contract Date: Sep 09, 2015
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Toledo


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 412 El Prado, West Palm Beach, FL, 33405

$9,995 /mo

  • 4 Beds
  • 3 Baths
  • 2,111 ft²
412 El Prado, West Palm Beach, FL, 33405 Listing by Rachel Tessoff
Unit for rent at 340 Summa Street, West Palm Beach, FL, 33405

$5,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,362 ft²
340 Summa Street, West Palm Beach, FL, 33405 Listing by Ryan L Jennings
Unit for rent at 210 Russlyn Drive, West Palm Beach, FL, 33405

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,653 ft²
210 Russlyn Drive, West Palm Beach, FL, 33405 Listing by Jane Lindsay Scott


Frequently Asked Questions

When was property at 123 Cortez Road built and last sold?
The property at 123 Cortez Road was built in 2022 and last sold on Jan 18, 2017 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 123 Cortez Road is $1,261,490.
What are some comparable homes to 123 Cortez Road?
There are currently no comparable homes to 123 Cortez Road.