COMMUNITY SHOPPING CENTER Cost Card for 10499357

LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/10/2025 11:21 AM Current Working Values

SITE ADDRESS

11821-861 PALM BEACH BLVD

OWNER'S NAME

REAL SUB LLC

OWNER'S ADDRESS

PO BOX 32018
LAKELAND FL 33802

PROPERTY DESCRIPTION

VERANDAH UNIT THREE
PB 80 PGS 29-31
PARCEL A

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	54-201.0 PALM BCH E OF ORANGE RIVER

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	9	RIGID FRAME W/BAR
ROOF COVER	12	MODULAR METAL\SHINGLE
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	4.0000	ABOVE AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	2005	7,200	100	7,200	720,720
FINISHED CARPORT	2005	860	30	258	25,826
FINISHED OPEN PORCH	2005	1,298	30	389	38,939













TOTALS		9,358		7,847	785,485

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	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	9358.00	2.40	1.00	B	2005	2.00	0.62	-	13,925
2	BLK TOP	BLACK TOP - IMPROVED	0.00	0.00	249721.00	4.00	1.00	L	2005	2.00	0.62	-	619,308
3	WALL DC	WALL - DECORATIVE - C.B.S.	0.00	0.00	11280.00	18.92	1.00	L	2005	2.00	0.62	-	132,319
4	SLAB	SLAB - CONCRETE	0.00	0.00	187.00	6.93	1.00	L	2005	2.00	0.62	-	803
5	WALL DC	WALL - DECORATIVE - C.B.S.	33.00	6.00	198.00	18.92	1.00	L	2005	2.00	0.62	-	2,323
6	FENCE B	FENCE - WOOD - SOLID BOARD	0.00	0.00	60.00	5.00	1.00	L	2005	10.00	0.60	-	180





TOTAL OF EXTRA FEATURE VALUES													768,858

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1600

CMMNTY SH CTR

MPD

0

1.00

0

15.00

429,193.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

6,437,895

FOLIO ID: 10499357 STRAP: 36-43-25-05-0000A.0000

CARD 1 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
1.00	154.00	154.00	7,847	1,208,438	65%	785,485

IMP TYPE

39 - Shopping Center - Community

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE
2015000019896	1/26/2015	05	05	I	14,400,000
2010000316322	12/29/2010	05	05	I	9,500,000
4525/1274	12/10/2004	02	02	V	3,705,300
3236/3238	3/28/2000	05	02	V	2,100,000
3091/3870	3/19/1999	02	02	V	825,000

VALUE SUMMARY	Current Values	2024
BUILDING COST VALUE	7,682,142	8,309,001
BUILDING EXTRA FEATURES	125,222	129,260
LAND EXTRA FEATURES	781,169	806,304
LAND VALUE	6,437,895	6,437,895
COST APPROACH VALUE	15,026,428	15,682,460
INCOME APPROACH VALUE	12,539,303	12,539,303
SALES APPROACH VALUE	11,238,126	12,539,303
MARKET VALUE	11,238,126	12,539,303

LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/10/2025 11:21 AM Current Working Values

SITE ADDRESS

11821-861 PALM BEACH BLVD

OWNER'S NAME

REAL SUB LLC

OWNER'S ADDRESS

PO BOX 32018
LAKELAND FL 33802

PROPERTY DESCRIPTION

VERANDAH UNIT THREE
PB 80 PGS 29-31
PARCEL A

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	54-201.0 PALM BCH E OF ORANGE RIVER

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	9	RIGID FRAME W/BAR
ROOF COVER	12	MODULAR METAL\SHINGLE
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	4.0000	ABOVE AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	2005	11,200	100	11,200	1,058,682
FINISHED OPEN PORCH	2005	2,444	30	733	69,287
RESTAURANT - AVERAGE	2005	2,800	110	3,080	291,138
TIKI BAR/RESTAURANT	2005	756	47	355	33,556












TOTALS		17,200		15,368	1,452,663

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	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	17200.00	2.40	1.00	B	2005	2.00	0.62	-	25,594
2	WALL CB	WALL - CONCRETE BLOCK	0.00	0.00	222.00	14.15	1.00	L	2005	2.00	0.62	-	1,948
3	SLAB	SLAB - CONCRETE	0.00	0.00	374.00	6.93	1.00	L	2005	2.00	0.62	-	1,607
4	FNC AL4	FENCE - ALUM/VINYL - 4 FEET	0.00	0.00	70.00	45.00	1.00	L	2009	2.00	0.70	-	2,205







TOTAL OF EXTRA FEATURE VALUES													31,354

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1600

CMMNTY SH CTR

MPD

0

1.00

0

15.00

429,193.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

6,437,895

FOLIO ID: 10499357 STRAP: 36-43-25-05-0000A.0000

CARD 2 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.93	154.00	143.22	15,368	2,201,005	66%	1,452,663

IMP TYPE

39 - Shopping Center - Community

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE

VALUE SUMMARY	Current Values	2024

LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/10/2025 11:21 AM Current Working Values

SITE ADDRESS

11821-861 PALM BEACH BLVD

OWNER'S NAME

REAL SUB LLC

OWNER'S ADDRESS

PO BOX 32018
LAKELAND FL 33802

PROPERTY DESCRIPTION

VERANDAH UNIT THREE
PB 80 PGS 29-31
PARCEL A

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	54-201.0 PALM BCH E OF ORANGE RIVER

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	9	RIGID FRAME W/BAR
ROOF COVER	12	MODULAR METAL\SHINGLE
INTERIOR WALL	5	DRYWALL
INTERIOR WALL	0	NONE
INTERIOR FLOOR	10	TERRAZZO MONOLITHI
INTERIOR FLOOR	0	NONE
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	4	ROOF TOP
QUALITY	4.0000	ABOVE AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

AVERAGE OFFICE	2005	1,116	100	1,116	113,052
BASE	2005	38,404	100	38,404	3,890,371
FINISHED LOADING PLATFORM	2005	1,050	30	315	31,910
FINISHED OPEN PORCH	2005	2,128	30	638	64,630
UNFINISHED LOADING PLATFORM	2005	2,225	15	334	33,835











TOTALS		44,923		40,807	4,133,798

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	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	42698.00	2.40	1.00	B	2005	2.00	0.62	-	63,535
2	CH LK 4	FENCE - CHAIN LINK - 4 FOOT	0.00	0.00	83.00	16.35	1.00	L	2005	5.00	0.60	-	814
3	SLAB	SLAB - CONCRETE	0.00	0.00	444.00	6.93	1.00	L	2005	2.00	0.62	-	1,908
4	CH LK10	FENCE - CHAIN LINK - 10 FOOT	0.00	0.00	29.00	38.75	1.00	L	2005	5.00	0.60	-	674
5	WALL DC	WALL - DECORATIVE - C.B.S.	0.00	0.00	1144.00	18.92	1.00	L	2005	2.00	0.62	-	13,420






TOTAL OF EXTRA FEATURE VALUES													80,351

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1600

CMMNTY SH CTR

MPD

0

1.00

0

15.00

429,193.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

6,437,895

FOLIO ID: 10499357 STRAP: 36-43-25-05-0000A.0000

CARD 3 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.92	143.00	131.56	40,807	5,368,569	77%	4,133,798

IMP TYPE

42 - Supermarket

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE

VALUE SUMMARY	Current Values	2024

LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/10/2025 11:21 AM Current Working Values

SITE ADDRESS

11821-861 PALM BEACH BLVD

OWNER'S NAME

REAL SUB LLC

OWNER'S ADDRESS

PO BOX 32018
LAKELAND FL 33802

PROPERTY DESCRIPTION

VERANDAH UNIT THREE
PB 80 PGS 29-31
PARCEL A

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	54-201.0 PALM BCH E OF ORANGE RIVER

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	9	RIGID FRAME W/BAR
ROOF COVER	12	MODULAR METAL\SHINGLE
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	4.0000	ABOVE AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	2005	9,800	100	9,800	946,268
FINISHED OPEN PORCH	2005	2,298	30	689	66,528
RESTAURANT - AVERAGE	2005	2,800	110	3,080	297,399













TOTALS		14,898		13,569	1,310,196

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	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	14898.00	2.40	1.00	B	2005	2.00	0.62	-	22,168
2	WALL CB	WALL - CONCRETE BLOCK	0.00	0.00	234.00	14.15	1.00	L	2005	2.00	0.62	-	2,053
3	SLAB	SLAB - CONCRETE	0.00	0.00	374.00	6.93	1.00	L	2005	2.00	0.62	-	1,607








TOTAL OF EXTRA FEATURE VALUES													25,828

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1600

CMMNTY SH CTR

MPD

0

1.00

0

15.00

429,193.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

6,437,895

FOLIO ID: 10499357 STRAP: 36-43-25-05-0000A.0000

CARD 4 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.95	154.00	146.30	13,569	1,985,145	66%	1,310,196

IMP TYPE

39 - Shopping Center - Community

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE

VALUE SUMMARY	Current Values	2024