LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/8/2025 9:42 PM Current Working Values
SITE ADDRESS
4990 ROYAL GULF CIR
OWNER'S NAME
VEI PROPERTIES
OWNER'S ADDRESS
1020 36TH ST S STE C
FARGO ND 58103
PROPERTY DESCRIPTION
CYPRESS PRESERVE OFFICE CONDO
DESC IN INST#2007-49552
BLDG 1 UNIT B
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: 10542814 STRAP: 04-45-25-P2-01501.00B0
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
2007000275683 9/4/2007 06 06 I 390,000
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.