LEE COUNTY PROPERTY APPRAISER GENERATED ON 12/2/2024 7:40 AM Current Working Values
SITE ADDRESS
1507 DEL PRADO BLVD S
OWNER'S NAME
V3 FUND III CAPE CORAL LLC
OWNER'S ADDRESS
496 S HUNT CLUB BLVD
APOPKA FL 32703
PROPERTY DESCRIPTION
CAPE CORAL UNIT 18
BLK 1149 PB 13 PG 97
LOTS 5 - 7 + S 15 FT LT 8

DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
58-205.0
DEL PRADO CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 25 MODULAR METAL
ROOF STRUCTURE 10 STEEL FRAME OR TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
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
UNITS IN BUILDING UNITS 4.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1986 3,200 100 3,200   *
FINISHED OPEN PORCH 1986 445 30 134   *
PATIO 2006 420 5 21   *
RESTAURANT - AVERAGE 1986 1,250 110 1,375   *
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 5,315 4,730 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 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 1800.00 4.00 1.00 L 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 1610 NHBD SH CTR C-1 0 0 1.00 1.00 0 10.00 11,590.27 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 115,903
FOLIO ID: 10164176 STRAP: 20-44-24-C4-01149.0050
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.05 144.47 151.69 4,730 717,494 60% 430,496
IMP TYPE 38 - Shopping Center - Neighborhood MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2020000178410 7/24/2020 05 05 I 1,734,840
2019000153686 6/26/2019 05 05 I 725,000
2691/2675 3/1/1996 02 02 I 620,000
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 115,903
COST APPROACH VALUE * *
INCOME APPROACH VALUE 625,821 625,821
SALES APPROACH VALUE * *
MARKET VALUE * 625,821
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.