LEE COUNTY PROPERTY APPRAISER GENERATED ON 12/4/2024 5:18 AM Current Working Values
SITE ADDRESS
2225 FIRST ST
OWNER'S NAME
PALM LEE PROPERTIES LLC
OWNER'S ADDRESS
PO BOX 50607
FORT MYERS FL 33994
PROPERTY DESCRIPTION
LEAKS SUBD
BLK 2 PB 6 PG 14
LOTS 8 THRU 12 INC

DOR CODE 21 - RESTAURANTS, CAFETERIAS
NBHD CODE
55-205.9
DOWNTOWN AREA REDEV
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 2.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB 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 12 HARDWOOD
INTERIOR FLOOR 14 CARPET
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
AVERAGE OFFICE 1925 3,550 100 3,550   *
BASE 1925 3,514 100 3,514   *
FINISHED OPEN PORCH 1925 886 30 266   *
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 7,950 7,330 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 7889.00 2.40 1.00 B 1998 2.00 0.60 - *
2 ELEV P ELEVATOR - PASSENGER 0.00 0.00 2.00 23,400.00 1.00 B 2014 2.00 0.80 - *
 
 
 
 
 
 
 
 
 
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 2100 RESTAURANT U-CTR 0 0 1.00 1.00 0 45.00 3,680.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 165,600
FOLIO ID: 10162468 STRAP: 13-44-24-P4-01102.0080
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.08 269.95 291.55 7,330 2,137,062 60% 1,282,237
IMP TYPE 56 - Restaurant MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2013000144938 6/17/2013 12 12 I 1,200,000
2010000245119 9/8/2010 12 12 I 1,090,000
2006000088644 2/28/2006 06 08 I 2,300,000
3855/784 2/21/2003 06 08 I 550,000
1888/1156 12/1/1986 06 06 I 340,000
1484/486 1/1/1981 01 01 I 110,000
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 165,600
COST APPROACH VALUE * *
INCOME APPROACH VALUE 1,615,726 1,615,726
SALES APPROACH VALUE * *
MARKET VALUE * 1,615,726
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.
ADDITIONAL FLOORS CARD 1 of 1 FOLIO:10162468 PARCEL NO: 13-44-24-P4-01102.0080
FLOOR 1
Floor plan
FLOOR 2
Floor plan