LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 12/13/2025 1:10 AM Historical
SITE ADDRESS
538/540 SE 8TH ST
OWNER'S NAME
MORALES LUIS E &
OWNER'S ADDRESS
538 SE 8TH ST
CAPE CORAL FL 33990
PROPERTY DESCRIPTION
CAPE CORAL UNIT 23
BLK 1153 PG 14 PG 41
LOTS 21 + 22
DOR CODE 08 - MULTI-FAMILY LESS THAN 10
NBHD CODE
33-174.0
CAPE CORAL EXECUTIVE GOLF COURSE-UNIT 24
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 6
BATHROOMS 4.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 14 ELONGATED HIP
ROOF COVER 3 ASPHALT OR COMPOSITION
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 3.0000 AVERAGE
CEILING HEIGHT CLGHT CEILING HEIGHT 8-10'
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
APARTMENT 2005 1,328 100 1,328   142,117
BASE 2005 1,328 100 1,328   142,117
FINISHED GARAGE 2005 688 40 276   29,536
FINISHED OPEN PORCH 2005 40 20 8   856
FINISHED SCREEN PORCH 2005 264 30 80   8,561
   
   
   
   
   
   
   
   
   
   
   
TOTALS 3,648 3,020 323,188
          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 XAC XTRA/ADDITIONAL A/C UNITS 0.00 0.00 1.00 8,000.00 1.00 B 2005 5.00 0.60 - 4,800
2 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 2005 5.00 0.60 - 0
3 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 189.00 0.00 189.00 51.00 1.00 L 2009 2.00 0.72 - 6,940
4 PATIO B PATIO - BRICK AND TILE 9.00 13.00 117.00 12.65 1.00 B 2014 1.00 0.91 - 1,347
5 SHED FR SHED - FRAME W/FLOOR 8.00 6.00 48.00 29.56 1.00 B 2023 2.00 0.98 - 1,391
6 PAVLN PAVILION/COVERED PICNIC AREA 12.00 8.00 96.00 53.50 1.00 L 2023 5.00 0.95 - 4,879
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 19,357
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 800 MF<10 R3-D 95 125 1.00 1.00 0 96,580.46 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 96,580
FOLIO ID: 10480752 STRAP: 13-44-23-C3-01153.0210
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.98 140.00 137.20 3,020 414,344 78% 323,188
IMP TYPE 27 - Duplex MODEL 1 - SINGLE FAMILY RESIDENTIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2006000263509 5/19/2006 06 06 I 334,000
4022/2471 6/27/2003 02 02 V 160,000
4022/2470 6/26/2003 08 08 V 3,000
2963/3818 8/1/1997 02 02 V 3,000
 
 
 
VALUE SUMMARY 2024 2023
BUILDING COST VALUE 323,188 327,332
BUILDING EXTRA FEATURES 7,538 1,165
LAND EXTRA FEATURES 11,819 5,655
LAND VALUE 96,580 125,280
COST APPROACH VALUE 439,125 459,432
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 405,819 395,937
MARKET VALUE 405,819 395,937
LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 12/13/2025 1:10 AM Historical
SITE ADDRESS
538/540 SE 8TH ST
OWNER'S NAME
MORALES LUIS E &
OWNER'S ADDRESS
538 SE 8TH ST
CAPE CORAL FL 33990
PROPERTY DESCRIPTION
CAPE CORAL UNIT 23
BLK 1153 PG 14 PG 41
LOTS 21 + 22
DOR CODE 08 - MULTI-FAMILY LESS THAN 10
NBHD CODE
33-174.0
CAPE CORAL EXECUTIVE GOLF COURSE-UNIT 24
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
CONDITION COND CONDITION AVERAGE
ELEVATION ELEV ELEVATION < 1'
FOUNDATION FNDTN FOUNDATION STEM WALL
FLOOR PLAN FLRPLN FLOOR PLAN SPLIT
DRIVEWAY DRIVE DRIVEWAY CONC/ASPH
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY STREET GRADE
EXTRA KITCHENS XKI 1.00
VAULTED CEILINGS VLTCLNG 4.00
HURRICANE SHUTTERS HSHUTT SHUTTERS PANEL & MANUAL
LIVING UNITS LVGU 2.00
UNITS IN BUILDING UNITS 2.00
 
 
 
 
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
 
 
 
 
 
 
 
 
 
 
 
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
FOLIO ID: 10480752 STRAP: 13-44-23-C3-01153.0210
CARD 1 of 1 (Continued)
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
VALUE SUMMARY 2024 2023