LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/10/2025 8:08 AM Current Working Values
SITE ADDRESS
1404 SW 53RD TER
OWNER'S NAME
PALM EQUITY USA 2 LLC
OWNER'S ADDRESS
1080 SE 9TH AVE
POMPANO BEACH FL 33060
PROPERTY DESCRIPTION
CAPE CORAL UNIT 64
BLK 4505 PB 21 PG 86
LOTS 3 + 4

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
03-104.1
CAPE CORAL UNIT 64
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 4
BATHROOMS 3.5
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 14 ELONGATED HIP
ROOF COVER 7 CONCRETE TILE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 15 TRAVERTINE/STONE
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 4.0000 ABOVE AVERAGE
CEILING HEIGHT CLGHT CEILING HEIGHT 8-10'
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
1 STORY SCREEN ENCL 2016 803 13 104   *
BASE 1988 2,618 100 2,618   *
FINISHED GARAGE 1988 430 40 172   *
FINISHED OPEN PORCH 1988 470 20 94   *
SCREEN ENCLOSURE 2016 84 10 8   *
   
   
   
   
   
   
   
   
   
   
   
TOTALS 4,405 2,996 0
          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 BDOCK W DOCK - BOAT - WOODEN 0.00 0.00 960.00 57.17 1.00 L 1988 5.00 0.60 - *
2 PIER R PIER - RESIDENTIAL 0.00 0.00 437.00 74.16 1.00 L 2016 5.00 0.60 - *
3 JAZ A JACUZZI - TYPE A 0.00 0.00 1.00 8,960.00 1.00 B 1988 5.00 0.60 - *
4 PATIO B PATIO - BRICK AND TILE 0.00 0.00 598.00 12.65 1.00 B 1988 1.00 0.64 - *
5 FPLC B FIREPLACE - TYPE B 0.00 0.00 1.00 5,450.00 1.00 B 1988 2.00 0.60 - *
6 SEAW C SEAWALL - CONCRETE 162.00 1.00 162.00 0.00 1.00 L 1988 0.00 1.00 - *
7 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 1988 5.00 0.60 - *
8 POOL R POOL - RESIDENTIAL 0.00 0.00 288.00 105.95 1.00 B 1988 2.00 0.60 - *
9 BOATLFT BOAT LIFT 0.00 0.00 1.00 10,000.00 1.00 L 1989 5.00 0.60 - *
10 HT PUMP A/C-POOL HEATERS 0.00 0.00 1.00 8,100.00 1.00 B 2003 5.00 0.60 - *
11 POOLHTR POOL HEATER 0.00 0.00 1.00 2,500.00 1.00 B 1988 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
1 131 SFR CANAL R1 0 0 1.00 1.00 1 493,129.75 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 493,130
FOLIO ID: 10114623 STRAP: 15-45-23-C4-04505.0030
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.33 137.00 182.21 2,996 545,901 70% 382,131
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
2024000141878 5/16/2024 01 01 I 1,500,000
2016000145926 7/8/2016 01 01 I 700,000
3108/1844 4/23/1999 01 01 I 150,000
2932/3880 2/27/1998 01 01 I 140,000
2753/1448 9/1/1996 01 01 I 37,000
1923/2869 6/1/1987 01 01 I 75,000
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 493,130
COST APPROACH VALUE * *
INCOME APPROACH VALUE * *
SALES APPROACH VALUE * *
MARKET VALUE * 991,653
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.
LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/10/2025 8:08 AM Current Working Values
SITE ADDRESS
1404 SW 53RD TER
OWNER'S NAME
PALM EQUITY USA 2 LLC
OWNER'S ADDRESS
1080 SE 9TH AVE
POMPANO BEACH FL 33060
PROPERTY DESCRIPTION
CAPE CORAL UNIT 64
BLK 4505 PB 21 PG 86
LOTS 3 + 4

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
03-104.1
CAPE CORAL UNIT 64
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
CONDITION COND CONDITION AVERAGE
ELEVATION ELEV ELEVATION < 1'
FOUNDATION FNDTN FOUNDATION STEM WALL
FLOOR PLAN FLRPLN FLOOR PLAN SPLIT
DRIVEWAY DRIVE DRIVEWAY BRICK/TILE/BOM
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY SITE FILLED
HURRICANE SHUTTERS HSHUTT HURRICANE GLASS
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
12 XAC XTRA/ADDITIONAL A/C UNITS 0.00 0.00 1.00 8,000.00 1.00 B 2012 5.00 0.60 - *
13 FNC AL4 FENCE - ALUM/VINYL - 4 FEET 240.00 1.00 240.00 45.00 1.00 L 2021 2.00 0.94 - *
14 PATIO C PATIO - CONCRETE 12.00 15.00 180.00 10.53 1.00 B 1988 2.00 0.60 - *
15 BDOCK W DOCK - BOAT - WOODEN 12.00 15.00 180.00 57.17 1.00 L 1988 5.00 0.60 - *
 
 
 
 
 
 
 
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
FOLIO ID: 10114623 STRAP: 15-45-23-C4-04505.0030
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