LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/10/2025 10:00 AM Current Working Values
SITE ADDRESS
506 SE 47TH TER
OWNER'S NAME
TAM LLC
OWNER'S ADDRESS
2090 W FIRST ST APT 605
FORT MYERS FL 33901
PROPERTY DESCRIPTION
CAPE CORAL UNIT 9
BLK 85 PB 13 PG 15
LOTS 34 THRU 38
DOR CODE 19 - PROFESSIONAL BUILDING
NBHD CODE
58-207.0
CAPE DOWNTOWN CRA
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 12 MODULAR METAL\SHINGLE
INTERIOR WALL 8 DEC WALL COVER
INTERIOR WALL 0 NONE
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 14 CARPET
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 4.0000 ABOVE AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2002 4,891 100 4,891   856,281
FINISHED OPEN PORCH 2002 654 30 196   34,314
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 5,545 5,087 890,595
          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 3216.00 4.00 1.00 L 2002 2.00 0.60 - 7,718
2 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 5360.00 4.00 1.00 L 2002 2.00 0.60 - 12,864
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 20,582
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1910 MED OFFICE MXB 160 125 1.00 1.00 0 15.00 20,000.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 300,000
FOLIO ID: 10096907 STRAP: 12-45-23-C3-00085.0340
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.52 169.38 257.46 5,087 1,309,699 68% 890,595
IMP TYPE 52 - Medical Office MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2012000199410 8/31/2012 11 11 I 275,000
3665/3262 6/11/2002 06 08 I 489,600
3542/2456 12/17/2001 06 08 V 120,000
3322/1440 10/25/2000 02 02 V 55,000
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 890,595 903,692
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES 20,582 20,582
LAND VALUE 300,000 300,000
COST APPROACH VALUE 1,211,177 1,224,274
INCOME APPROACH VALUE 1,397,670 1,397,670
SALES APPROACH VALUE 1,397,688 1,397,670
MARKET VALUE 1,397,688 1,397,670