LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/16/2025 11:46 PM Current Working Values
SITE ADDRESS
1028 FIFTH ST
OWNER'S NAME
BC III MASTERPIECE LLC
OWNER'S ADDRESS
1337 BRADFORD RD
FORT MYERS FL 33901
PROPERTY DESCRIPTION
BUSINESS CENTER
BLK 8 PB 9 PG 9
LOTS 8 + 9

DOR CODE 11 - STORES, ONE STORY
NBHD CODE
53-201.0
FM BCH / BONITA BCH
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 8 WOOD ON SHEATHING
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 4 WOOD TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 12 HARDWOOD
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
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 1951 1,781 100 1,781   *
FINISHED ENCLOSED PORCH 1951 1,065 80 852   *
PATIO 2010 178 5 9   *
STOOP 2010 188 10 19   *
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 3,212 2,661 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 CH LK 4 FENCE - CHAIN LINK - 4 FOOT 156.00 1.00 156.00 16.35 1.00 L 2005 5.00 0.60 - *
2 CH LK 4 FENCE - CHAIN LINK - 4 FOOT 87.00 1.00 87.00 16.35 1.00 L 2010 5.00 0.60 - *
3 FENCE A FENCE - WOOD STOCKADE 0.00 0.00 75.00 4.25 1.00 L 2010 10.00 0.60 - *
4 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 6.00 1,500.00 1.00 B 2011 2.00 0.74 - *
 
 
 
 
 
 
 
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 1100 STORE 1 FL DOWNTOWN 0 0 1.00 1.00 0 750.00 4,910.00 SF 1.00 - JH
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 3,682,500
FOLIO ID: 10127307 STRAP: 24-46-23-W3-00208.0080
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.07 266.00 284.62 2,661 757,374 72% 545,309
IMP TYPE 56 - Restaurant MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2022000219342 6/22/2022 01 03 I 4,500,000
2009000307579 11/12/2009 01 03 I 625,000
4643/2158 3/24/2005 08 08 I 1,700,000
1977/522 3/1/1988 01 01 I 202,000
1152/1301 8/1/1976 06 06 I 70,000
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 3,682,500
COST APPROACH VALUE * *
INCOME APPROACH VALUE * *
SALES APPROACH VALUE * *
MARKET VALUE * 1,164,391
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.