LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 5/6/2025 4:54 PM
SITE ADDRESS
550 COTTONWOOD AVE S
OWNER'S NAME
FRANCO & ZEGADA LLC
OWNER'S ADDRESS
2055 TRADE CENTER WAY
NAPLES FL 34109
PROPERTY DESCRIPTION
LEHIGH ACRES UNIT 5
BLK 28 PB 15 PG 135
LOT 23
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 84 125 1.00 1.00 0 11,514.14 1.00 LT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 11,514
FOLIO ID: 10415082 STRAP: 14-45-27-L1-05028.0230
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
2024000128304 4/26/2024 05 05 V 130,000
2021000418120 12/17/2021 05 05 V 409,500
2009000229510 8/21/2009 15 15 V 4,191,000
4835/1 8/5/2005 02 02 V 139,410,000
4781/3171 6/10/2005 06 08 V 42,000
1768/3677 1/1/1985 07 07 V 4,500
 
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 11,514 10,313
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.