NOT LISTED FOR SALE

123 Cortez Rd West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $4,624,000 - $6,006,000

0.5 Acre
$10,876,694 Price per Acre
21,780 Sq Ft Lot

Last Sold January 19, 2017

Last sale price $1,100,000 $382 Per Sq Ft

Est. 394% increase in value since last sale

Current estimated payment $36,815/month

205 Days on Market

Highlights

  • Waterfront
  • 0.5 Acre Lot
  • Fenced

About This Lot

As of January 2017

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,

Last Agent to Sell the Property

ELIZABETH DeWOODY

The Corcoran Group Listed on: 06/02/2016

Last Buyer's Agent

Sabra Kirkpatrick

Brown Harris Stevens of Palm Beach 7232 License #SL3228432

Brown Harris Stevens of Palm Beach 7232

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,435

Year Built

  • 1955

Lot Details

  • 0.5 Acre Lot
  • Waterfront
  • South Facing Home
  • Fenced
  • Cleared Lot

Property Views

  • Water Views

Community Details

  • Toledo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434410180000460

Property Details

Property Type

Land

Est. Annual Taxes

$8,435

Year Built

1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.5
  • Subdivision Name: Toledo
  • Directions: Take Southern Blvd east to Flagler, head to South to Cortez. Lot is second in from Flagler on north side of the street
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Taxes2: 8434.91
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 105
  • General Property Description:Lot SqFt: 21780
  • Exposure:South: Yes
  • WaterSewer:City Water at Site: Yes
  • WaterSewer:Sewer at Site: Yes
  • Miscellaneous:Waterview: Yes
  • Miscellaneous:Land Cleared: Yes
  • Land Improvements:Fenced: Yes
  • Special Features: None
  • Year Built: 1955

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes

Utilities

  • Water Source: City Water at Site, Sewer at Site

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 74434410180000460
  • Zoning: SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8434.91
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jan 18, 2017
Sold by
Elhilow Mark and Elhilow Susan
Bought by
Jbpb Holdings Inc
Seller's Agent
ELIZABETH DeWOODY
The Corcoran Group
Buyer's Agent
Sabra Kirkpatrick
Brown Harris Stevens of Palm Beach 7232
List Price
$1,100,000
Sold Price
$1,100,000
Total Days on Market
205
Current Estimated Value
$5,438,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,338,347
Avg. Annual Appreciation
18.62%

Purchase Details

Closed on
Sep 9, 2015
Sold by
Hernandez Rita S and Alvarez Jose Francisco Hernandez
Bought by
Elhilow Mark

Purchase Details

Closed on
Jul 10, 2015
Sold by
Hernandez Alvarez Jose Francisco and Hernandez Rita S
Bought by
Hernandez Rita S

Purchase Details

Closed on
Sep 5, 2003
Sold by
Hernandez Rita S and Alvarez Jose F Hernandez
Bought by
Alvarez Jose F Hernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.33%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jbpb Holdings Inc $1,100,000 Attorney
Elhilow Mark $1,500,000 Attorney
Hernandez Rita S -- Attorney
Alvarez Jose F Hernandez -- Global First Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Jose F Hernandez $250,000
Previous Owner Alvarez Jose F Hernandez $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2017 01/19/17 Sold $1,100,000 0.0% $382 / Sq Ft
12/24/2016 12/24/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $1,100,000 -- $382 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $77,192 $3,498,078 -- --
2023 $70,270 $3,180,071 $1,439,130 $2,448,021
2022 $16,709 $665,500 $0 $0
2021 $13,638 $675,000 $675,000 $0
2020 $12,434 $600,000 $600,000 $0
2019 $11,088 $500,000 $500,000 $0
2018 $11,071 $511,697 $511,697 $0
2017 $10,210 $465,179 $465,179 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    ELIZABETH DeWOODY

    The Corcoran Group

  • S

    Buyer's Agent in 2017

    Sabra Kirkpatrick

    Brown Harris Stevens of Palm Beach 7232

    (561) 628-2077

    94 in this area

    273 Total Sales

    Sabra Kirkpatrick
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-1287

APN: 74-43-44-10-18-000-0480

Florida Palm Beach County West Palm Beach 33405 South End

123 Cortez Rd, West Palm Beach, FL

This home is located at 123 Cortez Rd, West Palm Beach, FL 33405 since 02 June 2016 and is currently estimated at $5,438,347, approximately $1,889 per square foot. This property was built in 1955. 123 Cortez Rd is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill Community High School.

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