LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/27/2024 5:50 AM Current Working Values
SITE ADDRESS
840 SW 4TH ST
OWNER'S NAME
CRIS LAKE VANDERBILT LLC
OWNER'S ADDRESS
2325 STANFORD CT
NAPLES FL 34112
PROPERTY DESCRIPTION
CAPE CORAL UNIT 68
BLK 4566 PB 23 PG 106
LOTS 7 THRU 12

DOR CODE 17 - OFFICE, ONE STORY
NBHD CODE
57-301.1
PINE ISLAND RD CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 4 WOOD TRUSS
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
UNITS IN BUILDING UNITS 7.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2007 8,866 100 8,866   912,178
FINISHED OPEN PORCH 2007 716 30 215   22,120
UNFINISHED OPEN PORCH 2007 96 20 19   1,955
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 9,678 9,100 936,254
          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 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 11271.00 4.00 1.00 L 2007 2.00 0.68 - 30,657
2 SEAW C SEAWALL - CONCRETE 0.00 0.00 255.00 0.00 1.00 L 2008 0.00 1.00 - *
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 30,657
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1700 1STORY OFF CORR 255 125 1.00 1.00 1 3.80 31,875.00 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 121,125
FOLIO ID: 10069662 STRAP: 15-44-23-C3-04566.0070
CARD 1 of 1
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
0.94 145.94 137.18 9,100 1,248,338 75% 936,254
IMP TYPE 49 - Offices - Low Rise MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT
DATE TYPE
INST
OVR
CODE
V
I
SALE
PRICE
2024000149415 5/21/2024 01 01 I 1,850,000
4686/2319 4/1/2005 08 08 V 154,900
4666/1737 3/2/2005 08 08 V 159,000
4555/2124 12/28/2004 06 08 V 92,000
1349/1543 4/1/1979 07 07 V 6,400
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 936,254 936,254
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES 30,657 30,657
LAND VALUE 121,125 121,125
COST APPROACH VALUE 1,088,036 1,088,036
INCOME APPROACH VALUE 1,183,401 1,183,401
SALES APPROACH VALUE 1,183,401 1,183,401
MARKET VALUE 1,183,401 1,183,401