LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/22/2025 11:09 PM Current Working Values
SITE ADDRESS
1861 MERCHANT CIR
OWNER'S NAME
J VARGAS INVESTMENTS INC
OWNER'S ADDRESS
401 MINORCA AVE
CORAL GABLES FL 33134
PROPERTY DESCRIPTION
GREENBRIAR UNIT 44
BLK 273 PB 27 PG 67
LOT 20
DOR CODE 00 - VACANT RESIDENTIAL
NBHD CODE
11-104.0
3,4,5,6,7,8,9-44-27
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
          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 0 VAC RES RS-1 0 0 1.00 1.00 0 10,916.59 1.00 LT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 12,113
FOLIO ID: 10363125 STRAP: 06-44-27-L3-44273.0200
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2025000087204 3/28/2025 05 05 V 324,720
2023000029168 1/17/2023 05 05 V 374,000
2021000089774 3/16/2021 05 05 V 628,000
2012000263491 11/28/2012 05 05 V 2,684,000
2011000036640 1/31/2011 05 03 V 1,490,000
2011000028020 1/28/2011 05 03 V 1,477,100
2976/1956 6/11/1998 04 04 V 1,148,800
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 12,113
COST APPROACH VALUE * *
INCOME APPROACH VALUE * *
SALES APPROACH VALUE * *
MARKET VALUE * 10,917
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.