LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/8/2025 2:37 PM Current Working Values
SITE ADDRESS
1520 ROYAL PALM SQUARE BLVD
OWNER'S NAME
WEST COAST PROPERTIES LLC
OWNER'S ADDRESS
9450 CORKSCREW PALMS CIR #101
ESTERO FL 33928
PROPERTY DESCRIPTION
ROYAL PALM BUSINESS PARK
PB 35 PG 78
LOT 1

DOR CODE 18 - OFFICE, MULTI-STORY
NBHD CODE
59-206.0
SUMMERLIN RD CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 3.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 28 GLASS/THERMOPANE
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 13 PRESTRESS CONCRETE
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 8 DEC WALL COVER
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 5 CHILLED WATER
QUALITY 5.0000 EXCELLENT
LIVING UNITS LVGU 1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1990 13,550 100 13,550   *
CATHEDRAL FLOOR AREA 1990 726 130 944   *
FINISHED OPEN PORCH 1990 325 30 98   *
FINISHED OPEN PORCH 1990 875 30 264   *
FINISHED UPPER STORY 1990 13,544 100 13,544   *
FINISHED UPPER STORY 1990 15,927 100 15,927   *
   
   
   
   
   
   
   
   
   
   
TOTALS 44,947 44,327 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 43747.00 2.40 1.00 B 1990 2.00 0.60 - *
2 ELEV P ELEVATOR - PASSENGER 0.00 0.00 3.00 23,400.00 1.00 B 1990 2.00 0.60 - *
3 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 45340.00 4.00 1.00 L 1990 2.00 0.60 - *
4 CARPRTU CARPORT - UNFINISHED 329.00 18.00 5922.00 10.15 1.00 B 1990 1.00 0.66 - *
5 FENCE B FENCE - WOOD - SOLID BOARD 181.00 6.00 1086.00 5.00 1.00 L 1990 10.00 0.60 - *
6 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 240.00 18.92 1.00 L 1990 2.00 0.60 - *
7 SLAB SLAB - CONCRETE 0.00 0.00 200.00 6.93 1.00 L 2008 2.00 0.68 - *
8 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 416.00 18.92 1.00 L 2008 2.00 0.68 - *
9 FNC AL4 FENCE - ALUM/VINYL - 4 FEET 16.00 1.00 16.00 45.00 1.00 L 2008 2.00 0.68 - *
10 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 143.00 1.00 143.00 23.75 1.00 L 2013 5.00 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 1800 MULTI STORY OFF CG 0 0 1.00 1.00 0 20.00 85,813.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,716,260
FOLIO ID: 10186327 STRAP: 02-45-24-P1-00400.0010
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.87 182.45 341.18 44,327 15,123,486 60% 9,074,092
IMP TYPE 50 - Offices - High Rise MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
4088/1240 10/9/2003 06 06 I 4,250,000
2119/1634 1/1/1990 06 06 V 775,000
1577/1149 12/1/1981 01 01 V 200,000
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 1,716,260
COST APPROACH VALUE * *
INCOME APPROACH VALUE 6,115,112 6,115,112
SALES APPROACH VALUE * *
MARKET VALUE * 6,115,112
* 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:10186327 PARCEL NO: 02-45-24-P1-00400.0010
FLOOR 1
Floor plan
FLOOR 2
Floor plan
FLOOR 3
Floor plan