LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 6/19/2025 2:43 AM
SITE ADDRESS
518 PALAO AVE S
OWNER'S NAME
CONCHA HUGO ALEJANDRO HORMAZAB
OWNER'S ADDRESS
11111 BISCAYNE BLVD UNIT 17E
MIAMI FL 33181
PROPERTY DESCRIPTION
LEHIGH ACRES UNIT 1
BLK 5 PB 18 PG 19
LOT 9
DOR CODE 00 - VACANT RESIDENTIAL
NBHD CODE
01-228.0
02-45-27
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 RS-1 90 125 1.00 1.00 0 12,172.26 1.00 LT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 12,172
FOLIO ID: 10413048 STRAP: 13-45-27-L1-01005.0090
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
2022000083659 3/7/2022 01 01 V 12,000
2021000183355 5/25/2021 01 01 V 4,000
1425/765 3/1/1980 07 07 V 2,700
 
 
 
 
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 12,172 10,313
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.