LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 10:22 PM Current Working Values
SITE ADDRESS
20091 SUMMERLIN RD
OWNER'S NAME
LAXMI OF SANIBEL LLC
OWNER'S ADDRESS
1941 TAMIAMI TRL
PORT CHARLOTTE FL 33948
PROPERTY DESCRIPTION
BEG NE COR OF NE 1/4
TH WEST ALG NLY
ROW CR869 DESC OR1838/3121

DOR CODE 39 - HOTELS, MOTELS
NBHD CODE
59-201.0
MCGREGOR / SUMMERLIN
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 3.0
BEDROOMS 1
BATHROOMS 157.0
EXTERIOR WALL 16 WOOD FR STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 4 WOOD TRUSS
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 8 DEC WALL COVER
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 4.0000 ABOVE AVERAGE
UNITS IN BUILDING UNITS 157.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1986 18,629 100 18,629   *
FINISHED OPEN PORCH 1986 7,281 20 1,456   *
FINISHED OPEN PORCH 1986 7,281 20 1,456   *
FINISHED OPEN PORCH 1986 7,281 20 1,456   *
FINISHED UPPER STORY 1986 18,701 100 18,701   *
FINISHED UPPER STORY 1986 18,701 100 18,701   *
FINISHED UTILITY 1986 244 50 122   *
FINISHED UTILITY 1986 204 50 102   *
FINISHED UTILITY 1986 204 50 102   *
   
   
   
   
   
   
   
TOTALS 78,526 60,725 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 ELEV P ELEVATOR - PASSENGER 0.00 0.00 6.00 23,400.00 1.00 B 1986 2.00 0.60 - *
2 JAZ D JACUZZI - TYPE D 0.00 0.00 1.00 23,000.00 1.00 B 1986 5.00 0.60 - *
3 POOL C POOL - COMMERCIAL 0.00 0.00 2772.00 129.00 1.00 B 1986 2.00 0.60 - *
4 PATIO C PATIO - CONCRETE 0.00 0.00 5328.00 10.53 1.00 B 1986 2.00 0.60 - *
5 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 78526.00 2.40 1.00 B 1986 2.00 0.60 - *
6 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 66475.00 4.00 1.00 L 1986 2.00 0.60 - *
7 FNC AL5 FENCE - ALUM/VINYL - 5 FEET 0.00 0.00 342.00 46.75 1.00 L 1986 2.00 0.60 - *
8 WALL DC WALL - DECORATIVE - C.B.S. 56.00 10.00 560.00 18.92 1.00 L 1986 2.00 0.60 - *
9 WALL DC WALL - DECORATIVE - C.B.S. 40.00 6.00 240.00 18.92 1.00 L 1986 2.00 0.60 - *
10 SLAB SLAB - CONCRETE 0.00 0.00 378.00 6.93 1.00 L 1986 2.00 0.60 - *
11 FENCE B FENCE - WOOD - SOLID BOARD 93.00 6.00 558.00 5.00 1.00 L 2005 10.00 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 3900 MOTEL CT 0 0 1.00 1.00 0 20.00 151,371.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 3,027,420
FOLIO ID: 10123243 STRAP: 11-46-23-00-00006.0010
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.92 163.00 149.96 60,725 9,106,321 38% 3,414,870
IMP TYPE 47 - Hotel/Motel - High Rise MODEL 7 - APT/HOTEL/CLUBS
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2022000266152 8/16/2022 01 01 I 17,500,000
2006000351709 9/8/2006 06 06 I 11,225,000
2760/3637 11/1/1996 01 01 I 6,300,000
1838/3121 4/1/1986 06 06 V 650,600
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 3,027,420
COST APPROACH VALUE * *
INCOME APPROACH VALUE 10,782,267 10,782,267
SALES APPROACH VALUE * *
MARKET VALUE * 10,782,267
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.
ADDITIONAL FLOORS CARD 1 of 2 FOLIO:10123243 PARCEL NO: 11-46-23-00-00006.0010
FLOOR 1
Floor plan
FLOOR 2
Floor plan
FLOOR 3
Floor plan 		 
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 10:22 PM Current Working Values
SITE ADDRESS
20091 SUMMERLIN RD
OWNER'S NAME
LAXMI OF SANIBEL LLC
OWNER'S ADDRESS
1941 TAMIAMI TRL
PORT CHARLOTTE FL 33948
PROPERTY DESCRIPTION
BEG NE COR OF NE 1/4
TH WEST ALG NLY
ROW CR869 DESC OR1838/3121

DOR CODE 39 - HOTELS, MOTELS
NBHD CODE
59-201.0
MCGREGOR / SUMMERLIN
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 16 WOOD FR STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 4 WOOD TRUSS
ROOF COVER 8 CLAY OR BERMUDA TILE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 8 DEC WALL COVER
INTERIOR FLOOR 12 HARDWOOD
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 2.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
AVERAGE OFFICE 1986 1,958 100 1,958   *
CATHEDRAL FLOOR AREA 1986 679 130 883   *
FINISHED CARPORT 1986 727 30 218   *
FINISHED OPEN PORCH 1986 949 30 284   *
RESTAURANT - GOOD 1986 2,145 120 2,574   *
SEMI-FINISED BASE 1986 831 80 665   *
   
   
   
   
   
   
   
   
   
   
TOTALS 7,289 6,582 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 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 7289.00 2.40 1.00 B 1986 2.00 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 3900 MOTEL CT 0 0 1.00 1.00 0 20.00 151,371.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 3,027,420
FOLIO ID: 10123243 STRAP: 11-46-23-00-00006.0010
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.94 266.00 250.04 6,582 1,645,763 38% 617,161
IMP TYPE 56 - Restaurant MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024