LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/5/2025 2:15 AM Current Working Values
SITE ADDRESS
1531 NW 40TH PL
OWNER'S NAME
ANDOVER MANAGEMENT GROUP LLC
OWNER'S ADDRESS
14651 BISCAYNE BLVD #205
NORTH MIAMI BEACH FL 33181
PROPERTY DESCRIPTION
CAPE CORAL UNIT 81
BLK 5241 PB 24 PG 112
LOTS 25 + 26

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-104.0
CAPE CORAL UNIT 81
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 4
BATHROOMS 3.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 8 IRREGULAR
ROOF COVER 12 MODULAR METAL\SHINGLE
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
1 STORY SCREEN ENCL 2023 1,162 13 151   20,890
BASE 2023 2,008 100 2,008   277,792
FINISHED GARAGE 2023 442 40 177   24,487
FINISHED OPEN PORCH 2023 299 20 60   8,301
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 3,911 2,396 331,469
          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 POOL R POOL - RESIDENTIAL 0.00 0.00 392.00 105.95 1.00 B 2023 2.00 0.98 - 40,702
2 PATIO B PATIO - BRICK AND TILE 0.00 0.00 770.00 12.65 1.00 B 2023 1.00 0.99 - 9,643
3 OSH OUTDOOR SHOWER 0.00 0.00 1.00 0.00 1.00 B 2023 2.00 0.98 - *
4 OKT OUTDOOR KITCHEN 0.00 0.00 1.00 0.00 1.00 B 2023 2.00 0.98 - *
5 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 2023 5.00 0.95 - *
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 50,345
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 100 SFR R1 85 125 1.00 1.00 0 63,442.05 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 52,488
FOLIO ID: 10011486 STRAP: 01-44-22-C2-05241.0250
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.02 137.00 139.74 2,396 334,817 99% 331,469
IMP TYPE 102 - Ranch MODEL 1 - SINGLE FAMILY RESIDENTIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2021000307985 9/15/2021 01 01 V 60,000
2021000184951 5/19/2021 01 01 V 45,000
1907/4787 1/1/1987 07 07 V 12,000
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 331,469 307,511
BUILDING EXTRA FEATURES 50,345 50,345
LAND EXTRA FEATURES * *
LAND VALUE 52,488 52,488
COST APPROACH VALUE 434,302 410,344
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 370,965 471,289
MARKET VALUE 370,965 471,289
LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/5/2025 2:15 AM Current Working Values
SITE ADDRESS
1531 NW 40TH PL
OWNER'S NAME
ANDOVER MANAGEMENT GROUP LLC
OWNER'S ADDRESS
14651 BISCAYNE BLVD #205
NORTH MIAMI BEACH FL 33181
PROPERTY DESCRIPTION
CAPE CORAL UNIT 81
BLK 5241 PB 24 PG 112
LOTS 25 + 26

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-104.0
CAPE CORAL UNIT 81
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 BRICK/TILE/BOM
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY SITE FILLED
EXTRA SINK XSI 1.00
EXTRA SINK (WET BAR) XWB 1.00
TRAY CEILINGS TRAYS 3.00
HURRICANE SHUTTERS HSHUTT HURRICANE GLASS
LIVING UNITS LVGU 1.00
UNITS IN BUILDING UNITS 1.00
 
 
 
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: 10011486 STRAP: 01-44-22-C2-05241.0250
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 Current Values 2024