LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/23/2025 4:57 PM Current Working Values
SITE ADDRESS
4990 MAJORCA PALMS DR
OWNER'S NAME
JMCG CORPORATE BUILDINGS LLC
OWNER'S ADDRESS
1395 NW 167 ST
MIAMI FL 33169
PROPERTY DESCRIPTION
MAJORCA PALMS ESTATES
DESC IN INST# 2008000028018
TRACT B
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
55-212.0
ORTIZ CORRIDOR
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 10 STEEL FRAME OR TRUSS
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 9 PINE/LAMINATE/LUXURY VINYL
INTERIOR FLOOR 14 CARPET
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2018 12,650 100 12,650   2,388,118
FINISHED OPEN PORCH 2018 450 30 135   25,486
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 13,100 12,785 2,413,603
          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 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 25287.00 4.00 1.00 L 2015 2.00 0.82 - 82,941
2 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 13100.00 2.40 1.00 B 2018 2.00 0.88 - 27,667
3 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 252.00 18.92 1.00 L 2015 2.00 0.82 - 3,910
4 SLAB SLAB - CONCRETE 0.00 0.00 168.00 6.93 1.00 L 2015 2.00 0.82 - 955
5 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 0.00 0.00 14.00 51.00 1.00 L 2015 2.00 0.82 - 585
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 116,058
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1610 NHBD SH CTR PUD 0 0 1.00 1.00 0 2.53 67,703.00 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 171,289
FOLIO ID: 10550041 STRAP: 09-44-25-P3-0240B.0000
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.14 180.00 205.20 12,785 2,623,482 92% 2,413,603
IMP TYPE 52 - Medical Office MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2021000329650 9/30/2021 01 01 I 1,307,000
2013000046600 2/19/2013 05 05 I 1,100,000
2007000020602 12/29/2006 04 04 V 39,500
4383/4500 7/9/2004 02 02 V 320,000
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 2,413,603 2,011,954
BUILDING EXTRA FEATURES 27,667 28,296
LAND EXTRA FEATURES 88,391 90,547
LAND VALUE 171,289 171,289
COST APPROACH VALUE 2,700,950 2,302,086
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 2,700,950 2,302,087
MARKET VALUE 2,700,950 2,302,087