COMMUNITY SHOPPING CENTER Cost Card for 10069920

LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/14/2025 4:09 PM Current Working Values

SITE ADDRESS

814 SW PINE ISLAND RD

OWNER'S NAME

FOUNTAIN SHOPPES LLC

OWNER'S ADDRESS

6404 18TH AVE STE 142
BROOKLYN NY 11204

PROPERTY DESCRIPTION

CAPE CORAL UNIT 68 PT 1
BLK 4562 PB 29 PG 13
DESC IN OR 3437 PG 269

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	57-301.0 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	9	RIGID FRAME W/BAR
ROOF COVER	12	MODULAR METAL\SHINGLE
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	4	ROOF TOP
QUALITY	4.0000	ABOVE AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	2006	14,456	100	14,456	1,254,350
FINISHED OPEN PORCH	2006	2,911	30	873	75,750














TOTALS		17,367		15,329	1,330,100

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	59324.00	4.00	1.00	L	2006	2.00	0.64	-	151,869
2	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	14454.00	2.40	1.00	B	2006	2.00	0.64	-	22,201
3	WALL DC	WALL - DECORATIVE - C.B.S.	36.00	6.00	216.00	18.92	1.00	L	2006	2.00	0.64	-	2,616
4	SLAB	SLAB - CONCRETE	20.00	12.00	240.00	6.93	1.00	L	2006	2.00	0.64	-	1,064
5	FOUNTGD	FOUNTAIN RES GOOD	0.00	0.00	1.00	19,000.00	1.00	L	2006	2.00	0.64	-	12,160
6	CH LK 6	FENCE - CHAIN LINK - 6 FOOT	0.00	0.00	12.00	23.75	1.00	L	2006	5.00	0.60	-	171





TOTAL OF EXTRA FEATURE VALUES													190,081

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1610

NHBD SH CTR

CC

0

1.00

0

8.50

158,831.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

1,350,064

FOLIO ID: 10069920 STRAP: 15-44-23-C3-04562.0000

CARD 1 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.91	144.47	131.47	15,329	2,015,304	66%	1,330,100

IMP TYPE

38 - Shopping Center - Neighborhood

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE
2013000098649	4/29/2013	11	11	I	1,950,100
2012000284438	12/14/2012	11	11	I	1,950,100
3904/671	4/15/2003	06	06	V	1,010,000
3141/497	6/30/1999	04	04	V	18,079,600

VALUE SUMMARY	Current Values	2024
BUILDING COST VALUE	3,655,302	3,710,686
BUILDING EXTRA FEATURES	63,333	65,313
LAND EXTRA FEATURES	171,731	177,087
LAND VALUE	1,350,064	1,350,064
COST APPROACH VALUE	5,240,430	5,303,150
INCOME APPROACH VALUE	6,757,849	6,757,849
SALES APPROACH VALUE	6,789,243	6,757,849
MARKET VALUE	6,789,243	6,757,849

LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/14/2025 4:09 PM Current Working Values

SITE ADDRESS

814 SW PINE ISLAND RD

OWNER'S NAME

FOUNTAIN SHOPPES LLC

OWNER'S ADDRESS

6404 18TH AVE STE 142
BROOKLYN NY 11204

PROPERTY DESCRIPTION

CAPE CORAL UNIT 68 PT 1
BLK 4562 PB 29 PG 13
DESC IN OR 3437 PG 269

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	57-301.0 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	9	RIGID FRAME W/BAR
ROOF COVER	12	MODULAR METAL\SHINGLE
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	4	ROOF TOP
QUALITY	3.0000	AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	2006	4,800	100	4,800	416,497
FINISHED OPEN PORCH	2006	560	30	168	14,577














TOTALS		5,360		4,968	431,074

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	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	4800.00	2.40	1.00	B	2006	2.00	0.64	-	7,373
2	OHDOR S	OVERHEAD DOOR - SMALL LESS THAN 10X10	0.00	0.00	3.00	900.00	1.00	B	2006	2.00	0.64	-	1,728









TOTAL OF EXTRA FEATURE VALUES													9,101

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1610

NHBD SH CTR

CC

0

1.00

0

8.50

158,831.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

1,350,064

FOLIO ID: 10069920 STRAP: 15-44-23-C3-04562.0000

CARD 2 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.91	144.47	131.47	4,968	653,143	66%	431,074

IMP TYPE

38 - Shopping Center - Neighborhood

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE

VALUE SUMMARY	Current Values	2024

LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/14/2025 4:09 PM Current Working Values

SITE ADDRESS

814 SW PINE ISLAND RD

OWNER'S NAME

FOUNTAIN SHOPPES LLC

OWNER'S ADDRESS

6404 18TH AVE STE 142
BROOKLYN NY 11204

PROPERTY DESCRIPTION

CAPE CORAL UNIT 68 PT 1
BLK 4562 PB 29 PG 13
DESC IN OR 3437 PG 269

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	57-301.0 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	9	RIGID FRAME W/BAR
ROOF COVER	12	MODULAR METAL\SHINGLE
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	4	ROOF TOP
QUALITY	4.0000	ABOVE AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	2006	4,967	100	4,967	430,988
FINISHED OPEN PORCH	2006	2,911	30	873	75,750
RESTAURANT - AVERAGE	2006	7,064	110	7,770	674,204
SEMI-FINISED BASE	2006	2,425	80	1,940	168,334












TOTALS		17,367		15,550	1,349,277

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	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	14454.00	2.40	1.00	B	2006	2.00	0.64	-	22,201
2	CH LK 6	FENCE - CHAIN LINK - 6 FOOT	0.00	0.00	12.00	23.75	1.00	L	2006	5.00	0.60	-	171
3	WALL DC	WALL - DECORATIVE - C.B.S.	36.00	6.00	216.00	18.92	1.00	L	2006	2.00	0.64	-	2,616
4	SLAB	SLAB - CONCRETE	20.00	12.00	240.00	6.93	1.00	L	2006	2.00	0.64	-	1,064







TOTAL OF EXTRA FEATURE VALUES													26,052

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1610

NHBD SH CTR

CC

0

1.00

0

8.50

158,831.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

1,350,064

FOLIO ID: 10069920 STRAP: 15-44-23-C3-04562.0000

CARD 3 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.91	144.47	131.47	15,550	2,044,359	66%	1,349,277

IMP TYPE

38 - Shopping Center - Neighborhood

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE

VALUE SUMMARY	Current Values	2024

LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/14/2025 4:09 PM Current Working Values

SITE ADDRESS

814 SW PINE ISLAND RD

OWNER'S NAME

FOUNTAIN SHOPPES LLC

OWNER'S ADDRESS

6404 18TH AVE STE 142
BROOKLYN NY 11204

PROPERTY DESCRIPTION

CAPE CORAL UNIT 68 PT 1
BLK 4562 PB 29 PG 13
DESC IN OR 3437 PG 269

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	57-301.0 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	9	RIGID FRAME W/BAR
ROOF COVER	12	MODULAR METAL\SHINGLE
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	4	ROOF TOP
QUALITY	3.0000	AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	2006	6,400	100	6,400	530,915
FINISHED OPEN PORCH	2006	560	30	168	13,937














TOTALS		6,960		6,568	544,851

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

SPKLR

SPRINKLER SYSTEM (INTERIOR)

0.00

6400.00

2.40

1.00

B

2006

2.00

0.64

-

9,830

TOTAL OF EXTRA FEATURE VALUES

9,830

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1610

NHBD SH CTR

CC

0

1.00

0

8.50

158,831.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

1,350,064

FOLIO ID: 10069920 STRAP: 15-44-23-C3-04562.0000

CARD 4 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.87	144.47	125.69	6,568	825,532	66%	544,851

IMP TYPE

38 - Shopping Center - Neighborhood

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE

VALUE SUMMARY	Current Values	2024