LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/17/2025 10:06 PM Current Working Values
SITE ADDRESS
1612 CAPE CORAL PKWY E
OWNER'S NAME
CAPE GATEWAY LLC
OWNER'S ADDRESS
1925 NE 10TH TER #101
CAPE CORAL FL 33909
PROPERTY DESCRIPTION
CAPE CORAL UNIT 6 PART 6
BLK 440 PB 16/136 LOTS 3 +
4 + PT 5 VAC OR 562 PG 645 +
LOT 5 DESC OR 2132 PG 2541
DOR CODE 18 - OFFICE, MULTI-STORY
NBHD CODE
58-207.0
CAPE DOWNTOWN CRA
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 2.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 19 COMMON BRICK
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 8 DEC WALL COVER
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 11 CERAMIC CLAY TILE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 5 CHILLED WATER
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 1964 19,560 100 19,560   *
FINISHED OPEN PORCH 1964 1,989 30 597   *
FINISHED OPEN PORCH 1964 290 30 87   *
FINISHED UPPER STORY 1964 16,564 100 16,564   *
FINISHED UTILITY 1964 25 50 13   *
LOBBY GOOD 1964 1,218 125 1,523   *
SEMI-FINISED BASE 1964 300 85 255   *
   
   
   
   
   
   
   
   
   
TOTALS 39,946 38,599 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 84193.00 4.00 1.00 L 1964 2.00 0.60 - *
2 WAL BRK WALL - BRICK 0.00 0.00 732.00 31.88 1.00 L 1983 2.00 0.60 - *
3 ELEV P ELEVATOR - PASSENGER 0.00 0.00 2.00 23,634.00 1.00 B 1978 2.00 0.60 - *
4 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 1640.00 2.40 1.00 B 1972 2.00 0.60 - *
5 SLAB SLAB - CONCRETE 0.00 0.00 1050.00 6.93 1.00 L 1964 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 1800 MULTI STORY OFF SC 0 0 1.00 1.00 0 20.00 186,112.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,371,645
FOLIO ID: 10205599 STRAP: 18-45-24-C2-00440.0030
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.39 148.00 205.72 38,599 7,940,586 49% 3,890,887
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
2024000290720 10/25/2024 01 01 I 5,000,000
2020000242773 10/1/2020 01 01 I 2,500,000
2020000170775 7/16/2020 30 30 I 500,000
3326/3312 11/9/2000 06 06 I 2,025,000
2187/1742 11/1/1990 01 01 I 960,000
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 1,371,645
COST APPROACH VALUE * *
INCOME APPROACH VALUE 2,574,508 2,574,508
SALES APPROACH VALUE * *
MARKET VALUE * 2,574,508
* 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:10205599 PARCEL NO: 18-45-24-C2-00440.0030
FLOOR 1
Floor plan
FLOOR 2
Floor plan