LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/8/2025 5:03 PM Current Working Values
SITE ADDRESS
4992 ROYAL GULF CIR
OWNER'S NAME
VEI PROPERTIES LLC
OWNER'S ADDRESS
1020 36TH ST SW
FARGO ND 58103
PROPERTY DESCRIPTION
CYPRESS PRESERVE OFFICE CONDO
DESC IN INST#2007-49552
BLDG 1 UNIT A
DOR CODE 17 - OFFICE, ONE STORY
NBHD CODE
55-201.0
COLONIAL CORRIDOR
CONDOMINIUM CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
UNIT TYPE Q01 OFFICE
FLOOR 1
BEDROOMS 0;
BATHROOMS 1.0
BATHROOMS 1.0
EXTRA ROOMS
SQUARE FOOTAGE 1,416
ACTUAL YEAR BUILT 2007
EFFECTIVE YEAR BUILT 2007
BALCONY 2 OPEN
LOCATION
FRONTAGE
VIEWS LANDSCAPE
RECREATION 0
0
0
QUALITY 2
CONDITION FACTOR 1
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
CONDO BASE 2007 1,416  
CONDO PORCH 2007 175  
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 1,591
          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
 
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES
FOLIO ID: 10542813 STRAP: 04-45-25-P2-01501.00A0
CARD 1 of 1
CONDO COMPLEX P204551500000 CYPRESS PRESERVE OFFICE CONDO
UNIT IMP TYPE 51 CONDOMINIUM - COMMERCIAL
IMP TYPE 51 CONDOMINIUM - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2018000177888 7/19/2018 01 01 I 300,000
4384/2555 7/29/2004 02 02 V 1,344,000
2912/1976 1/21/1998 02 02 V 15,000,000
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * *
COST APPROACH VALUE * *
INCOME APPROACH VALUE 435,227 435,227
SALES APPROACH VALUE * *
MARKET VALUE * 435,227
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.