LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/7/2024 3:21 AM Current Working Values
SITE ADDRESS
2708 SANTA BARBARA BLVD
OWNER'S NAME
CAPE CORAL TOWERS II LLC
OWNER'S ADDRESS
1250 TAMIAMI TRL N STE 307
NAPLES FL 34102
PROPERTY DESCRIPTION
CAPE CORAL UT 45 PT 1 BLK
1864 PB21/147 LOTS 1 THRU 10 +
LOTS 14 THRU 19 + LOTS 36 THRU 48
VAC 10 FT OR 2225 PG 4784

DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
58-203.0
WEST CAPE CORAL
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 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 7 VINYL TILE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 5.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2010 20,317 100 20,317   1,812,077
FINISHED OPEN PORCH 2010 514 30 154   13,735
SEMI-FINISED BASE 2010 1,192 80 954   85,087
UNFINISHED LOADING PLATFORM 2010 1,707 15 256   22,833
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 23,730 21,681 1,933,733
          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 7717.00 2.40 1.00 B 2010 2.00 0.74 - 13,705
2 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 22210.00 4.00 1.00 L 2010 2.00 0.74 - 65,742
3 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 216.00 18.92 1.00 L 2010 2.00 0.74 - 3,024
4 SLAB SLAB - CONCRETE 0.00 0.00 390.00 6.93 1.00 L 2010 2.00 0.74 - 2,000
5 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 0.00 0.00 24.00 51.00 1.00 L 2010 2.00 0.74 - 906
6 CANOPY CANOPY/FACADE 0.00 0.00 392.00 29.20 1.00 B 2010 2.00 0.74 - 8,470
7 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 14306.00 2.40 1.00 B 2010 2.00 0.74 - 25,407
8 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 2.00 900.00 1.00 B 2010 2.00 0.74 - 1,332
9 CANOPY CANOPY/FACADE 0.00 0.00 292.00 29.20 1.00 B 2010 2.00 0.74 - 6,310
10 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 6338.00 4.00 1.00 L 2010 2.00 0.74 - 18,760
 
TOTAL OF EXTRA FEATURE VALUES 145,656
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1600 CMMNTY SH CTR C-1 0 0 1.00 1.00 0 20.00 156,600.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 3,132,000
FOLIO ID: 10094269 STRAP: 35-44-23-C2-01864.0390
CARD 1 of 4
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.81 155.09 125.62 21,681 2,723,567 71% 1,933,733
IMP TYPE 39 - Shopping Center - Community MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2019000229714 10/1/2019 05 05 I 8,300,000
3675/4425 5/30/2002 02 02 V 1,012,300
2042/4503 12/1/1988 02 02 V 27,900
2027/4407 10/1/1988 06 06 V 27,900
 
 
 
VALUE SUMMARY Current Values 2023
BUILDING COST VALUE 4,695,454 4,695,454
BUILDING EXTRA FEATURES 125,228 125,228
LAND EXTRA FEATURES 194,988 194,988
LAND VALUE 3,132,000 3,132,000
COST APPROACH VALUE 8,147,670 8,147,670
INCOME APPROACH VALUE 7,986,310 7,986,310
SALES APPROACH VALUE 7,986,310 7,986,310
MARKET VALUE 7,986,310 7,986,310
LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/7/2024 3:21 AM Current Working Values
SITE ADDRESS
2708 SANTA BARBARA BLVD
OWNER'S NAME
CAPE CORAL TOWERS II LLC
OWNER'S ADDRESS
1250 TAMIAMI TRL N STE 307
NAPLES FL 34102
PROPERTY DESCRIPTION
CAPE CORAL UT 45 PT 1 BLK
1864 PB21/147 LOTS 1 THRU 10 +
LOTS 14 THRU 19 + LOTS 36 THRU 48
VAC 10 FT OR 2225 PG 4784

DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
58-203.0
WEST CAPE CORAL
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 4 BUILD UP TAR AND G
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
AVERAGE OFFICE 2010 4,049 100 4,049   419,087
BASE 2010 5,318 100 5,318   550,433
FINISHED OPEN PORCH 2010 401 30 120   12,420
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 9,768 9,487 981,941
          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 15570.00 4.00 1.00 L 2010 2.00 0.74 - 46,087
2 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 9767.00 2.40 1.00 B 2010 2.00 0.74 - 17,346
3 CANOPY CANOPY/FACADE 0.00 0.00 432.00 29.20 1.00 B 2010 2.00 0.74 - 9,335
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 72,768
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1600 CMMNTY SH CTR C-1 0 0 1.00 1.00 0 20.00 156,600.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 3,132,000
FOLIO ID: 10094269 STRAP: 35-44-23-C2-01864.0390
CARD 2 of 4
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.94 155.09 145.78 9,487 1,383,015 71% 981,941
IMP TYPE 39 - Shopping Center - Community MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2023
LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/7/2024 3:21 AM Current Working Values
SITE ADDRESS
2708 SANTA BARBARA BLVD
OWNER'S NAME
CAPE CORAL TOWERS II LLC
OWNER'S ADDRESS
1250 TAMIAMI TRL N STE 307
NAPLES FL 34102
PROPERTY DESCRIPTION
CAPE CORAL UT 45 PT 1 BLK
1864 PB21/147 LOTS 1 THRU 10 +
LOTS 14 THRU 19 + LOTS 36 THRU 48
VAC 10 FT OR 2225 PG 4784

DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
58-203.0
WEST CAPE CORAL
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 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
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 2010 10,168 100 10,168   807,765
FINISHED OPEN PORCH 2010 122 30 37   2,939
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 10,290 10,205 810,705
          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 5172.00 4.00 1.00 L 2010 2.00 0.74 - 15,309
2 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 10168.00 2.40 1.00 B 2010 2.00 0.74 - 18,058
3 CANOPY CANOPY/FACADE 0.00 0.00 208.00 29.20 1.00 B 2010 2.00 0.74 - 4,494
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 37,861
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1600 CMMNTY SH CTR C-1 0 0 1.00 1.00 0 20.00 156,600.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 3,132,000
FOLIO ID: 10094269 STRAP: 35-44-23-C2-01864.0390
CARD 3 of 4
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.82 136.45 111.89 10,205 1,141,837 71% 810,705
IMP TYPE 35 - Stores - Retail MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2023
LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/7/2024 3:21 AM Current Working Values
SITE ADDRESS
2708 SANTA BARBARA BLVD
OWNER'S NAME
CAPE CORAL TOWERS II LLC
OWNER'S ADDRESS
1250 TAMIAMI TRL N STE 307
NAPLES FL 34102
PROPERTY DESCRIPTION
CAPE CORAL UT 45 PT 1 BLK
1864 PB21/147 LOTS 1 THRU 10 +
LOTS 14 THRU 19 + LOTS 36 THRU 48
VAC 10 FT OR 2225 PG 4784

DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
58-203.0
WEST CAPE CORAL
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 4 BUILD UP TAR AND G
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 4 ROOF TOP
QUALITY 3.0000 AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2010 7,643 100 7,643   959,411
FINISHED OPEN PORCH 2010 257 30 77   9,666
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 7,900 7,720 969,076
          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 13325.00 4.00 1.00 L 2010 2.00 0.74 - 39,442
2 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 192.00 18.92 1.00 L 2010 2.00 0.74 - 2,688
3 SLAB SLAB - CONCRETE 0.00 0.00 120.00 6.93 1.00 L 2010 2.00 0.74 - 615
4 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 0.00 0.00 11.00 51.00 1.00 L 2010 2.00 0.74 - 415
5 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 7899.00 2.40 1.00 B 2010 2.00 0.74 - 14,029
6 CANOPY CANOPY/FACADE 0.00 0.00 312.00 29.20 1.00 B 2010 2.00 0.74 - 6,742
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 63,931
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1600 CMMNTY SH CTR C-1 0 0 1.00 1.00 0 20.00 156,600.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 3,132,000
FOLIO ID: 10094269 STRAP: 35-44-23-C2-01864.0390
CARD 4 of 4
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.14 155.09 176.80 7,720 1,364,896 71% 969,076
IMP TYPE 39 - Shopping Center - Community MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2023