LEE COUNTY PROPERTY APPRAISER GENERATED ON 9/26/2024 8:18 PM Current Working Values
SITE ADDRESS
875 SE 47TH TER
OWNER'S NAME
MAGNUS 88 LLC
OWNER'S ADDRESS
133 GRAFFT LANE
ST AUGUSTINE FL 32084
PROPERTY DESCRIPTION
CAPE CORAL UNIT 8
BLK 354 PB 13 PG 4
LOTS 16 THRU 19

DOR CODE 17 - OFFICE, ONE STORY
NBHD CODE
58-207.0
CAPE DOWNTOWN CRA
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 4 WOOD TRUSS
ROOF COVER 3 ASPHALT OR COMPOSITION
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 3 CENTRAL
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1998 3,741 100 3,741   354,875
FINISHED OPEN PORCH 1998 435 30 131   12,427
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 4,176 3,872 367,302
          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 PVMT C PAVEMENT - CONCRETE 0.00 0.00 5220.00 5.51 1.00 L 1998 1.00 0.75 - 21,572
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 21,572
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1700 1STORY OFF SC 0 0 1.00 1.00 0 10.00 13,687.50 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 136,875
FOLIO ID: 10192603 STRAP: 07-45-24-C4-00354.0160
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.00 145.94 145.94 3,872 565,080 65% 367,302
IMP TYPE 49 - Offices - Low Rise MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2010000129929 5/10/2010 01 01 I 400,000
2942/3845 4/2/1998 07 01 V 25,000
2942/2340 4/1/1998 01 01 V 65,000
1867/761 8/1/1986 06 06 V 10,000
 
 
 
VALUE SUMMARY Current Values 2023
BUILDING COST VALUE 367,302 367,302
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES 21,572 21,572
LAND VALUE 136,875 136,875
COST APPROACH VALUE 525,749 525,749
INCOME APPROACH VALUE 734,414 734,414
SALES APPROACH VALUE 734,414 734,414
MARKET VALUE 734,414 734,414