LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/23/2024 8:40 PM Current Working Values
SITE ADDRESS
18051 S TAMIAMI TRL
OWNER'S NAME
MAAS HOSPITALITY BS LLC
OWNER'S ADDRESS
2231 DEL PRADO BLVD
CAPE CORAL FL 33990
PROPERTY DESCRIPTION
PARL IN NW 1/4 OF NW 1/4
E OF US 41 SO OF
CONSTITUTION BLVD

DOR CODE 39 - HOTELS, MOTELS
NBHD CODE
59-202.0
S. 41 CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 20 FACE BRICK
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 4 BUILD UP TAR AND G
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 4 ROOF TOP
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
AVERAGE OFFICE 1965 1,028 100 1,028   *
BAR AVERAGE 1965 1,026 110 1,129   *
BASE 1965 3,343 100 3,343   *
FINISHED CARPORT 1965 704 30 211   *
FINISHED OPEN PORCH 1965 128 30 38   *
FINISHED UTILITY 1965 282 50 141   *
   
   
   
   
   
   
   
   
   
   
TOTALS 6,511 5,890 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 POOL C POOL - COMMERCIAL 40.00 20.00 800.00 129.00 1.00 B 1980 2.00 0.60 - *
2 PATIO C PATIO - CONCRETE 0.00 0.00 4232.00 10.53 1.00 B 1800 2.00 0.60 - *
3 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 29230.00 4.00 1.00 L 1965 2.00 0.60 - *
4 POOL C POOL - COMMERCIAL 0.00 0.00 2470.00 129.00 1.00 B 1974 2.00 0.60 - *
5 FENCE A FENCE - WOOD STOCKADE 240.00 7.00 1680.00 4.25 1.00 L 1998 10.00 0.60 - *
6 FNC AL4 FENCE - ALUM/VINYL - 4 FEET 0.00 0.00 120.00 45.00 1.00 L 2000 2.00 0.60 - *
7 GAZ GAZEBO 0.00 0.00 300.00 35.30 1.00 B 2014 2.00 0.82 - *
8 FOUNTAV FOUNTAIN RES AVG 0.00 0.00 1.00 7,500.00 1.00 L 1965 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 3900 MOTEL CT 0 0 1.00 1.00 0 12.50 122,746.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,534,325
FOLIO ID: 10269095 STRAP: 17-46-25-00-01001.0060
CARD 1 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.97 269.95 261.85 5,890 1,542,297 60% 925,378
IMP TYPE 56 - Restaurant MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2017000001975 12/29/2016 01 01 I 4,700,000
2010000128020 5/18/2010 01 36 I 1,300,000
2006000474268 12/15/2006 06 06 I 3,719,700
3282/3779 6/29/2000 06 06 I 2,650,000
2907/2857 1/1/1998 01 01 I 1,800,000
1958/2729 12/1/1987 03 03 I 767,500
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 1,534,325
COST APPROACH VALUE * *
INCOME APPROACH VALUE 5,648,197 5,648,197
SALES APPROACH VALUE * *
MARKET VALUE * 5,648,197
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.
LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/23/2024 8:40 PM Current Working Values
SITE ADDRESS
18051 S TAMIAMI TRL
OWNER'S NAME
MAAS HOSPITALITY BS LLC
OWNER'S ADDRESS
2231 DEL PRADO BLVD
CAPE CORAL FL 33990
PROPERTY DESCRIPTION
PARL IN NW 1/4 OF NW 1/4
E OF US 41 SO OF
CONSTITUTION BLVD

DOR CODE 39 - HOTELS, MOTELS
NBHD CODE
59-202.0
S. 41 CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 2.0
BEDROOMS 0
BATHROOMS 50.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 4 BUILD UP TAR AND G
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 4 ROOF TOP
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 50.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1965 8,025 100 8,025   *
FAIR OFFICE 1965 325 90 293   *
FINISHED OPEN PORCH 1965 3,012 20 602   *
FINISHED OPEN PORCH 1965 3,092 20 618   *
FINISHED UPPER STORY 1965 8,350 100 8,350   *
FINISHED UTILITY 1965 80 50 40   *
SEMI-FINISED BASE 1965 1,496 80 1,197   *
   
   
   
   
   
   
   
   
   
TOTALS 24,380 19,125 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 PATIO C PATIO - CONCRETE 0.00 0.00 707.00 10.53 1.00 B 1967 2.00 0.60 - *
2 PATIO B PATIO - BRICK AND TILE 0.00 0.00 1400.00 12.65 1.00 B 1980 1.00 0.60 - *
3 FNC AL4 FENCE - ALUM/VINYL - 4 FEET 0.00 0.00 400.00 45.00 1.00 L 2000 2.00 0.60 - *
4 PAVLN PAVILION/COVERED PICNIC AREA 14.00 36.00 504.00 53.50 1.00 L 1990 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 3900 MOTEL CT 0 0 1.00 1.00 0 12.50 122,746.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,534,325
FOLIO ID: 10269095 STRAP: 17-46-25-00-01001.0060
CARD 2 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.09 126.37 137.74 19,125 2,634,278 60% 1,580,567
IMP TYPE 46 - Hotel/Motel - Low Rise MODEL 3 - MULTIPLE RES/HOTEL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024
ADDITIONAL FLOORS CARD 2 of 3 FOLIO:10269095 PARCEL NO: 17-46-25-00-01001.0060
FLOOR 1
Floor plan
FLOOR 2
Floor plan
   
LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/23/2024 8:40 PM Current Working Values
SITE ADDRESS
18051 S TAMIAMI TRL
OWNER'S NAME
MAAS HOSPITALITY BS LLC
OWNER'S ADDRESS
2231 DEL PRADO BLVD
CAPE CORAL FL 33990
PROPERTY DESCRIPTION
PARL IN NW 1/4 OF NW 1/4
E OF US 41 SO OF
CONSTITUTION BLVD

DOR CODE 39 - HOTELS, MOTELS
NBHD CODE
59-202.0
S. 41 CORRIDOR
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 12 MODULAR METAL\SHINGLE
INTERIOR WALL 1 MASONARY OR MINIMUM
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 2.0000 BELOW AVERAGE
UNITS IN BUILDING UNITS 1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1965 402 100 402   *
FINISHED OPEN PORCH 1965 30 30 9   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 432 411 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
 
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 3900 MOTEL CT 0 0 1.00 1.00 0 12.50 122,746.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,534,325
FOLIO ID: 10269095 STRAP: 17-46-25-00-01001.0060
CARD 3 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.15 187.32 215.42 411 88,538 60% 53,123
IMP TYPE 123 - Restroom Building MODEL 9 - EDUCATIONAL/RECREATIONAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024