LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/29/2026 3:56 AM Current Working Values
SITE ADDRESS
1234 NE 40TH TER
OWNER'S NAME
SBA LLC TR
OWNER'S ADDRESS
1267 CLEBURNE DR
FORT MYERS FL 33919
PROPERTY DESCRIPTION
CAPE CORAL UNIT 87
BLK 5713 PB 24 PG 71
LOTS 11 + 12

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-134.0
CAPE CORAL UNIT 87
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 4
BATHROOMS 2.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 8 IRREGULAR
ROOF COVER 3 ASPHALT OR COMPOSITION
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 3 CENTRAL
QUALITY 3.0000 AVERAGE
CEILING HEIGHT CLGHT CEILING HEIGHT 8-10'
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2023 1,822 100 1,822   257,121
FINISHED GARAGE 2023 440 40 176   24,837
FINISHED OPEN PORCH 2023 296 20 59   8,326
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,558 2,057 290,284
          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 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 2023 5.00 0.90 - *
 
 
 
 
 
 
 
 
 
 
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
1 100 SFR R1 80 125 1.00 1.00 0 30,191.62 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 34,723
FOLIO ID: 10132286 STRAP: 18-43-24-C3-05713.0110
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.00 144.00 144.00 2,057 296,208 98% 290,284
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
2020000316363 12/15/2020 11 11 V 9,319
2013000031247 12/21/2012 05 05 V 185,710
2013000031246 12/21/2012 05 05 V 89,980
2012000169862 7/30/2012 01 37 V 4,500
1607/341 4/1/1982 07 07 V 4,000
 
 
VALUE SUMMARY Current Values 2025
BUILDING COST VALUE 290,284 278,991
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE 34,723 34,723
COST APPROACH VALUE 325,007 313,714
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 268,220 268,220
MARKET VALUE 268,220 268,220
LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/29/2026 3:56 AM Current Working Values
SITE ADDRESS
1234 NE 40TH TER
OWNER'S NAME
SBA LLC TR
OWNER'S ADDRESS
1267 CLEBURNE DR
FORT MYERS FL 33919
PROPERTY DESCRIPTION
CAPE CORAL UNIT 87
BLK 5713 PB 24 PG 71
LOTS 11 + 12

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-134.0
CAPE CORAL UNIT 87
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
CONDITION COND CONDITION AVERAGE
ELEVATION ELEV ELEVATION < 1'
FOUNDATION FNDTN FOUNDATION SLAB ON GRADE
FLOOR PLAN FLRPLN FLOOR PLAN SPLIT
DRIVEWAY DRIVE DRIVEWAY BRICK/TILE/BOM
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY SITE FILLED
EXTRA SHOWER XSH 1.00
EXTRA SINK XSI 2.00
EXTRA SINK (WET BAR) XWB 1.00
TRAY CEILINGS TRAYS 4.00
HURRICANE SHUTTERS HSHUTT SHUTTERS PANEL & MANUAL
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
 
 
 
 
 
 
 
 
 
 
 
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
FOLIO ID: 10132286 STRAP: 18-43-24-C3-05713.0110
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 2025