LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/22/2025 1:54 AM Current Working Values
SITE ADDRESS
432 NE 1ST AVE
OWNER'S NAME
ICON PALERMO HOLDINGS LLC
OWNER'S ADDRESS
15440 FIDDLESTICKS BLVD
FORT MYERS FL 33912
PROPERTY DESCRIPTION
CAPE CORAL UNIT 35
BLK 2369 PB 16 PG 104
LOTS 63 + 64
DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-152.0
CAPE CORAL UNIT 35
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 3
BATHROOMS 2.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 8 IRREGULAR
ROOF COVER 3 ASPHALT OR COMPOSITION
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
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
BASE 2006 1,479 100 1,479   151,359
FINISHED GARAGE 2006 441 40 176   18,012
FINISHED OPEN PORCH 2006 37 20 7   716
FINISHED SCREEN PORCH 2006 180 30 54   5,526
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,137 1,716 175,614
          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 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 2006 5.00 0.60 - *
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 0
                  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 80 125 1.00 1.00 0 43,307.84 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 34,723
FOLIO ID: 10047645 STRAP: 12-44-23-C4-02369.0630
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.90 137.00 123.30 1,716 211,583 83% 175,614
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
2014000191270 8/29/2014 01 01 I 114,900
2014000191269 8/27/2014 01 38 I 102,000
2013000272916 12/6/2013 11 11 I 94,100
2007000173368 5/24/2007 06 06 I 184,500
4490/4079 10/20/2004 06 06 V 39,900
1696/4175 10/1/1983 02 02 V 16,500
1696/4174 10/1/1983 01 01 V 2,200
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 175,614 155,072
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE 34,723 34,723
COST APPROACH VALUE 210,337 189,795
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 219,708 255,926
MARKET VALUE 219,708 255,926
LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/22/2025 1:54 AM Current Working Values
SITE ADDRESS
432 NE 1ST AVE
OWNER'S NAME
ICON PALERMO HOLDINGS LLC
OWNER'S ADDRESS
15440 FIDDLESTICKS BLVD
FORT MYERS FL 33912
PROPERTY DESCRIPTION
CAPE CORAL UNIT 35
BLK 2369 PB 16 PG 104
LOTS 63 + 64
DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-152.0
CAPE CORAL UNIT 35
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
CONDITION COND CONDITION AVERAGE
ELEVATION ELEV ELEVATION < 1'
FOUNDATION FNDTN FOUNDATION SLAB ON GRADE
FLOOR PLAN FLRPLN FLOOR PLAN SPLIT
DRIVEWAY DRIVE DRIVEWAY CONC/ASPH
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY SITE FILLED
EXTRA SINK XSI 1.00
HURRICANE SHUTTERS HSHUTT SHUTTERS PANEL & MANUAL
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: 10047645 STRAP: 12-44-23-C4-02369.0630
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