MULTI-FAMILY 10 OR MORE Cost Card for 10162344

LEE COUNTY PROPERTY APPRAISER 2023 Tax Roll GENERATED ON 6/22/2024 10:44 PM

SITE ADDRESS

1415 DEAN ST

OWNER'S NAME

OLD MORGAN LTD

OWNER'S ADDRESS

1415 DEAN ST
SUITE 100
FORT MYERS FL 33901

PROPERTY DESCRIPTION

EVANS JAMES HMSTD.
BLK 1 PB 1 PG 23
DESC IN OR 1198 PG 651

DOR CODE	03 - MULTI-FAMILY 10 OR MORE
NBHD CODE	55-205.9 DOWNTOWN AREA REDEV

BUILDING CHARACTERISTICS

ELEMENT CODE TYPE / DESCRIPTION / VALUE

STORIES		3.0
BEDROOMS		20
BATHROOMS		34.0
EXTERIOR WALL	17	CB STUCCO
EXTERIOR WALL	0	NONE
ROOF STRUCTURE	4	WOOD TRUSS
ROOF COVER	4	BUILD UP TAR AND G
INTERIOR WALL	5	DRYWALL
INTERIOR WALL	0	NONE
INTERIOR FLOOR	14	CARPET
INTERIOR FLOOR	7	VINYL TILE
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	3	CENTRAL
QUALITY	3.0000	AVERAGE
LIVING UNITS	LVGU	34.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

AVERAGE OFFICE	1927	7,458	100	7,458	584,977
BAR AVERAGE	1927	1,776	110	1,954	153,264
BASE	1927	1,157	100	1,157	90,751
FINISHED OPEN PORCH	1927	2,113	20	422	33,100
FINISHED UPPER STORY	1927	10,342	100	10,342	811,187
FINISHED UPPER STORY	1927	10,328	100	10,328	810,089
FINISHED UTILITY	1927	404	50	202	15,844
LOBBY AVERAGE	1927	52	110	57	4,471
RESTAURANT - GOOD	1927	2,521	120	3,025	237,270







TOTALS		36,151		34,945	2,740,953

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
1	ELEV P	ELEVATOR - PASSENGER	0.00	0.00	3.00	17,850.00	1.00	B	1927	2.00	0.60	-	32,130
2	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	36005.00	2.40	1.00	B	1927	2.00	0.60	-	51,847









TOTAL OF EXTRA FEATURE VALUES													83,977

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

TYPE

UNIT PRICE

UNITS

TOTAL ADJ

CAP

EVAL NOTES

300

MF 10 OR MORE

U-CTR

1.00

30,000.00

34.00

1.00

TOTAL OF LAND LINE VALUES

1,020,000

FOLIO ID: 10162344 STRAP: 13-44-24-P4-00401.0050

CARD 1 of 1

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.91	139.02	126.51	34,945	4,420,892	62%	2,740,953

IMP TYPE

23 - Apartment Building

MODEL

7 - APT/HOTEL/CLUBS

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE
2515/1189	6/1/1994	01	01	I	350,000
2193/1639	12/1/1990	03	03	I	517,000

VALUE SUMMARY	2023	2022
BUILDING COST VALUE	2,740,953	3,015,809
BUILDING EXTRA FEATURES	83,977	83,977
LAND EXTRA FEATURES	*	*
LAND VALUE	1,020,000	1,020,000
COST APPROACH VALUE	3,844,930	4,119,786
INCOME APPROACH VALUE	8,468,824	6,846,140
SALES APPROACH VALUE	8,468,824	6,846,140
MARKET VALUE	8,468,824	6,846,140