LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 5/11/2025 5:58 AM
SITE ADDRESS
518 NW 1ST LN
OWNER'S NAME
MORELL CONSTRUCTION LLC
OWNER'S ADDRESS
8220 SW 65 AVE 5
SOUTH MIAMI FL 33143
PROPERTY DESCRIPTION
CAPE CORAL UNIT 37
BLK 2581 PB 17 PG 19
LOTS 5 + 6

DOR CODE 00 - VACANT RESIDENTIAL
NBHD CODE
33-129.0
CAPE CORAL UNIT 37
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
          E X T R A    F E A T U R E S
LINE CODE DESCRIPTION LENGTH WIDTH UNITS UNIT PRICE PCT COND L/B YEAR AMN DEPR DEPR ADJ CAP FLAG COST
 
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 0 VAC RES R1-D 80 125 1.00 1.00 0 47,367.14 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 47,367
FOLIO ID: 10063301 STRAP: 11-44-23-C4-02581.0050
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2024000076201 3/13/2024 01 01 V 85,000
4335/1511 5/24/2004 06 08 V 24,500
2451/1515 11/1/1993 04 04 V 15,000
2414/3749 6/1/1993 01 01 V 2,000
 
 
 
VALUE SUMMARY 2024 2023
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * *
COST APPROACH VALUE * *
INCOME APPROACH VALUE * *
SALES APPROACH VALUE * *
MARKET VALUE 47,367 49,652
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.