LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/14/2025 9:28 AM Current Working Values
SITE ADDRESS
2531 CLEVELAND AVE
OWNER'S NAME
VALLEY NATIONAL BANK
OWNER'S ADDRESS
101 E KENNEDY BLVD
#3700
TAMPA FL 33602
PROPERTY DESCRIPTION
PHILLIPS 4TH DIV BLK D
PB 4 PG 41 LTS 8 9 10 15
16 17 + 18 LESS ST RD 45

DOR CODE 19 - PROFESSIONAL BUILDING
NBHD CODE
55-203.0
US 41 VICTORIA TO CARRELL
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 12 REINFORCED CONCRETE
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
UNITS IN BUILDING UNITS 1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1981 16,805 100 16,805   *
FINISHED CARPORT 1981 2,675 30 803   *
FINISHED UPPER STORY 1981 19,480 100 19,480   *
FINISHED UTILITY 1981 12 50 6   *
UNFINISHED OPEN PORCH 1981 309 20 62   *
   
   
   
   
   
   
   
   
   
   
   
TOTALS 39,281 37,156 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 22482.00 4.00 1.00 L 1983 2.00 0.60 - *
2 FENCE B FENCE - WOOD - SOLID BOARD 0.00 0.00 204.00 5.00 1.00 L 1997 10.00 0.60 - *
3 UTY UNF UTILITY - UNFINISHED 0.00 0.00 136.00 20.70 1.00 B 1983 2.00 0.60 - *
4 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 350.00 18.92 1.00 L 1983 2.00 0.60 - *
5 ELEV P ELEVATOR - PASSENGER 0.00 0.00 2.00 23,400.00 1.00 B 2001 2.00 0.60 - *
6 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 34458.00 2.40 1.00 B 2000 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 1910 MED OFFICE CI 200 135 1.00 1.00 0 12.65 47,250.00 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 597,713
FOLIO ID: 10173685 STRAP: 24-44-24-P4-0070D.0080
CARD 1 of 1
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.21 169.38 204.95 37,156 7,615,122 66% 5,025,981
IMP TYPE 52 - Medical Office MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT
DATE TYPE
INST
OVR
CODE
V
I
SALE
PRICE
2024000157934 5/23/2024 11 11 I 70,100
2015000042140 2/27/2015 05 05 I 14,800,000
2013000254790 11/8/2013 05 05 I 12,000,000
3259/3071 5/24/2000 02 02 I 775,000
2184/3817 11/1/1990 01 01 I 774,100
1564/2235 11/1/1981 06 06 I 60,000
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 597,713
COST APPROACH VALUE * *
INCOME APPROACH VALUE 7,375,664 7,375,664
SALES APPROACH VALUE * *
MARKET VALUE * 7,375,664
* 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:10173685 PARCEL NO: 24-44-24-P4-0070D.0080
FLOOR 1
Floor plan
FLOOR 2
Floor plan