LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/31/2024 9:10 PM Current Working Values
SITE ADDRESS
2247-2287 FIRST ST
OWNER'S NAME
BRADFORD ARCADE PROPERTIES LLC
OWNER'S ADDRESS
PO BOX 2483
FORT MYERS FL 33902
PROPERTY DESCRIPTION
EVANS JAMES HMSTD.
BLK 2 PB 1 PG 23 PT LTS 1
2 DESC OR 1378 PGS 0173-5

DOR CODE 12 - MIXED USE - STORE/OFFICE OR STORE/RES
NBHD CODE
55-205.9
DOWNTOWN AREA REDEV
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 3.0
BEDROOMS 36
BATHROOMS 52.0
EXTERIOR WALL 19 COMMON BRICK
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 4 WOOD TRUSS
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 11 CERAMIC CLAY TILE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
LIVING UNITS LVGU 42.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
APARTMENT 2 1897 19,439 100 19,439   1,758,049
APARTMENT 3 1897 19,439 100 19,439   1,758,049
AVERAGE OFFICE 1897 18,693 100 18,693   1,690,581
AVERAGE OFFICE 1897 12,970 100 12,970   1,172,997
BASE 1897 32,395 100 32,395   2,929,780
CATHEDRAL FLOOR AREA 1897 8,321 130 10,817   978,282
FINISHED OPEN PORCH 1897 4,616 30 1,385   125,258
FINISHED OPEN PORCH 1897 488 30 146   13,204
SEMI-FINISED BASE 1897 152 80 122   11,034
   
   
   
   
   
   
   
TOTALS 116,513 115,406 10,437,236
          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 3.00 23,400.00 1.00 B 1982 2.00 0.60 - 42,120
2 ELEV P ELEVATOR - PASSENGER 0.00 0.00 2.00 23,400.00 1.00 B 1982 2.00 0.60 - 28,080
3 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 2107.00 18.92 1.00 L 1988 2.00 0.60 - 23,919
4 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 6048.00 4.00 1.00 L 1983 2.00 0.60 - 14,515
5 PATIO B PATIO - BRICK AND TILE 0.00 0.00 1782.00 12.65 1.00 B 1983 1.00 0.60 - 13,525
6 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 111501.00 2.40 1.00 B 1984 2.00 0.60 - 160,561
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 282,720
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1200 STORE/OFF/RES U-CTR 0 0 1.00 1.00 0 45.00 36,800.00 SF 1.00 - RB
2 7500 NONPROFIT SVCS U-CTR 0 0 1.00 1.00 0 45.00 33,114.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 3,146,130
FOLIO ID: 10162351 STRAP: 13-44-24-P4-00402.0010
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.82 153.61 125.96 115,406 14,536,540 72% 10,437,236
IMP TYPE 21 - Stores/Office/Res Combination MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2019000148386 6/24/2019 05 05 I 15,000,000
1378/175 9/1/1979 06 06 I 55,200
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 10,437,236 10,437,236
BUILDING EXTRA FEATURES 244,286 244,286
LAND EXTRA FEATURES 38,434 38,434
LAND VALUE 3,146,130 3,146,130
COST APPROACH VALUE 13,866,086 13,866,086
INCOME APPROACH VALUE 11,063,554 11,063,554
SALES APPROACH VALUE 11,063,554 11,063,554
MARKET VALUE 11,063,554 11,063,554
ADDITIONAL FLOORS CARD 1 of 1 FOLIO:10162351 PARCEL NO: 13-44-24-P4-00402.0010
FLOOR 1
Floor plan
FLOOR 2
Floor plan
FLOOR 3
Floor plan