LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/17/2025 8:11 AM Current Working Values
SITE ADDRESS
548/550 ALABAMA RD S
OWNER'S NAME
BINNY HOLDINGS LLC
OWNER'S ADDRESS
10621 REGENT CIR
NAPLES FL 34109
PROPERTY DESCRIPTION
SOUTHWOOD UNIT 31
BLK 165 PB 26 PG 95
LOT 8
DOR CODE 08 - MULTI-FAMILY LESS THAN 10
NBHD CODE
01-163.0
LEHIGH ACRES 07-45-27
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 4
BATHROOMS 4.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 8 IRREGULAR
ROOF COVER 3 ASPHALT OR COMPOSITION
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 3.0000 AVERAGE
CEILING HEIGHT CLGHT CEILING HEIGHT 8-10'
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
APARTMENT 2024 1,285 100 1,285   193,240
BASE 2024 1,285 100 1,285   193,240
FINISHED GARAGE 2024 484 40 194   29,174
FINISHED OPEN PORCH 2024 404 20 80   12,030
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 3,458 2,844 427,684
          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 XAC XTRA/ADDITIONAL A/C UNITS 0.00 0.00 1.00 8,000.00 1.00 B 2024 5.00 0.95 - 7,600
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 7,600
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 800 MF<10 RM-2 0 0 1.00 1.00 0 18,943.95 1.00 LT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 18,944
FOLIO ID: 10406080 STRAP: 07-45-27-L2-31165.0080
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.98 155.00 151.90 2,844 432,004 99% 427,684
IMP TYPE 27 - Duplex MODEL 1 - SINGLE FAMILY RESIDENTIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2018000004260 12/22/2017 01 01 V 5,500
4469/2619 10/19/2004 08 08 V 20,100
1910/2160 4/1/1987 07 07 V 5,500
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 427,684 0
BUILDING EXTRA FEATURES 7,600 0
LAND EXTRA FEATURES * *
LAND VALUE 18,944 18,944
COST APPROACH VALUE 454,228 18,944
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 454,228 18,944
MARKET VALUE 454,228 18,944
LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/17/2025 8:11 AM Current Working Values
SITE ADDRESS
548/550 ALABAMA RD S
OWNER'S NAME
BINNY HOLDINGS LLC
OWNER'S ADDRESS
10621 REGENT CIR
NAPLES FL 34109
PROPERTY DESCRIPTION
SOUTHWOOD UNIT 31
BLK 165 PB 26 PG 95
LOT 8
DOR CODE 08 - MULTI-FAMILY LESS THAN 10
NBHD CODE
01-163.0
LEHIGH ACRES 07-45-27
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
CONDITION COND CONDITION AVERAGE
ELEVATION ELEV ELEVATION < 1'
FOUNDATION FNDTN FOUNDATION SLAB ON GRADE
FLOOR PLAN FLRPLN FLOOR PLAN TRADITIONAL
DRIVEWAY DRIVE DRIVEWAY CONC/ASPH
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY SITE FILLED
EXTRA KITCHENS XKI 1.00
TRAY CEILINGS TRAYS 2.00
HURRICANE SHUTTERS HSHUTT HURRICANE GLASS
LIVING UNITS LVGU 2.00
UNITS IN BUILDING UNITS 2.00
 
 
 
 
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
 
 
 
 
 
 
 
 
 
 
 
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
FOLIO ID: 10406080 STRAP: 07-45-27-L2-31165.0080
CARD 1 of 1 (Continued)
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
VALUE SUMMARY Current Values 2024