LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/13/2024 10:14 PM Current Working Values
SITE ADDRESS
2840 SOUTH ST
OWNER'S NAME
MANAGEMENT TEAM INC
OWNER'S ADDRESS
1306 WINTER SPRINGS BLVD
WINTER SPRINGS FL 32708
PROPERTY DESCRIPTION
FR SE COR PALM AVE + SOUTH
ST E ALG S SI SOUTH ST
218.4 FT TO POB CONT E

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
55-208.8
INDUSTRIAL NORTH & SOUTH OF CANAL BB
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 3.0
EXTERIOR WALL 25 MODULAR METAL
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 7 NONE
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 0 NONE
HEATING TYPE 0 NONE
AC TYPE 0 NONE
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 1965 25,320 100 25,320   1,145,933
BASE 2008 2,580 100 2,580   116,766
CANOPY 1965 100 30 30   1,358
FAIR OFFICE 1965 3,280 120 3,936   178,135
FINISHED LOADING PLATFORM 1965 108 60 65   2,942
FINISHED OPEN PORCH 1965 750 50 375   16,972
MEZZANINE FINISHED 1965 760 50 380   17,198
MEZZANINE UNFINISHED 1965 1,440 30 432   19,551
PATIO 1965 700 5 35   1,584
   
   
   
   
   
   
   
TOTALS 35,038 33,153 1,500,438
          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 12640.00 4.00 1.00 L 1965 2.00 0.60 - 30,336
2 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 7500.00 4.00 1.00 L 1969 2.00 0.60 - 18,000
3 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 4.00 1,500.00 1.00 B 1965 2.00 0.60 - 3,600
4 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 555.00 0.00 555.00 23.75 1.00 L 1983 5.00 0.60 - 7,909
5 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 32640.00 2.40 1.00 B 1986 2.00 0.60 - 47,002
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 106,847
                  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 73,311.00 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 185,477
FOLIO ID: 10253530 STRAP: 19-44-25-P4-00063.0040
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.16 65.03 75.43 33,153 2,500,731 60% 1,500,438
IMP TYPE 80 - Manufacturing - Light MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2022000255127 8/5/2022 01 01 I 3,275,000
4377/4722 6/30/2004 06 08 I 800,000
4218/698 2/23/2004 06 08 I 550,000
3034/1326 10/28/1998 06 06 I 350,000
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 185,477
COST APPROACH VALUE * *
INCOME APPROACH VALUE 2,796,616 2,796,616
SALES APPROACH VALUE * *
MARKET VALUE * 2,796,616
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.
ADDITIONAL FLOORS CARD 1 of 2 FOLIO:10253530 PARCEL NO: 19-44-25-P4-00063.0040
FLOOR 1
Floor plan
FLOOR 2
Floor plan
   
LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/13/2024 10:14 PM Current Working Values
SITE ADDRESS
2840 SOUTH ST
OWNER'S NAME
MANAGEMENT TEAM INC
OWNER'S ADDRESS
1306 WINTER SPRINGS BLVD
WINTER SPRINGS FL 32708
PROPERTY DESCRIPTION
FR SE COR PALM AVE + SOUTH
ST E ALG S SI SOUTH ST
218.4 FT TO POB CONT E

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
55-208.8
INDUSTRIAL NORTH & SOUTH OF CANAL BB
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 25 MODULAR METAL
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 7 NONE
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1985 5,625 100 5,625   175,500
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 5,625 5,625 175,500
          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 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 1.00 1,500.00 1.00 B 2008 2.00 0.70 - 1,050
2 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 5625.00 2.40 1.00 B 2008 2.00 0.70 - 9,450
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 10,500
                  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 73,311.00 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 185,477
FOLIO ID: 10253530 STRAP: 19-44-25-P4-00063.0040
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.30 40.00 52.00 5,625 292,500 60% 175,500
IMP TYPE 82 - Warehouse - Metal/Frame MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024