LEE COUNTY PROPERTY APPRAISER GENERATED ON 12/2/2024 7:00 AM Current Working Values
SITE ADDRESS
2511 PALM AVE
OWNER'S NAME
OCTOPUSSY HOLDINGS LLC
OWNER'S ADDRESS
2511 PALM AVE
FORT MYERS FL 33916
PROPERTY DESCRIPTION
FR NW COR OF THE SW 1/4
RUN S ALG W LI OF SEC 611
FT TO POB TH E AT RT ANG

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
55-208.0
INDUSTRIAL NORTH & SOUTH OF CANAL
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 6.0
EXTERIOR WALL 15 CONCRETE BLOCK
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR TRUSS
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 1 MASONARY OR MINIMUM
INTERIOR WALL 0 NONE
INTERIOR FLOOR 4 CONCRETE ABOVE GRA
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 3.0000 AVERAGE
HURRICANE SHUTTERS HSHUTT SHUTTERS ON PORTION OF HOME
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
AVERAGE OFFICE 1962 2,891 185 5,348   *
BASE 1962 4,309 100 4,309   *
FINISHED LOADING PLATFORM 1962 1,014 60 608   *
PATIO 1962 144 5 7   *
UNFINISHED LOADING PLATFORM 1962 752 30 226   *
UNFINISHED OPEN PORCH 2020 308 30 92   *
   
   
   
   
   
   
   
   
   
   
TOTALS 9,418 10,590 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 PVMT C PAVEMENT - CONCRETE 0.00 0.00 2400.00 5.51 1.00 L 1986 1.00 0.63 - *
2 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 2.00 1,500.00 1.00 B 2015 2.00 0.84 - *
3 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 200.00 0.00 200.00 23.75 1.00 L 2003 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 4800 WAREHOUSE IH 0 0 1.00 1.00 0 2.53 43,497.00 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 110,047
FOLIO ID: 10253514 STRAP: 19-44-25-P4-00062.0020
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.18 60.00 70.80 10,590 749,772 60% 449,863
IMP TYPE 84 - Warehouse - CB/Brick MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2024000267782 8/22/2024 01 01 I 450,000
2014000177942 8/22/2014 01 01 I 185,000
3290/700 7/27/2000 01 01 I 200,000
2532/1459 8/1/1994 06 06 I 325,000
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 110,047
COST APPROACH VALUE * *
INCOME APPROACH VALUE 1,002,423 1,002,423
SALES APPROACH VALUE * *
MARKET VALUE * 1,002,423
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.