LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/18/2025 12:17 PM Current Working Values
SITE ADDRESS
408 LAMBDA AVE S
OWNER'S NAME
E & R REAL ESTATE PROPERTY INV
OWNER'S ADDRESS
16437 E EDINBURGH DR
LOXAHATCHEE FL 33470
PROPERTY DESCRIPTION
LEHIGH ACRES UNIT 10
BLK 49 PB 15 PG 232
LOT 17
DOR CODE 00 - VACANT RESIDENTIAL
NBHD CODE
01-228.0
02-45-27
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 11,404.32 1.00 LT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 15,343
FOLIO ID: 10412259 STRAP: 12-45-27-L2-10049.0170
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
2025000090749 3/21/2025 05 05 V 36,000
1136/1142 3/1/1976 1,500
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 15,343
COST APPROACH VALUE * *
INCOME APPROACH VALUE * *
SALES APPROACH VALUE * *
MARKET VALUE * 11,404
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.