HOTELS, MOTELS Cost Card for 10586330

LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/25/2024 10:35 PM Current Working Values

SITE ADDRESS

2115 MAIN ST

OWNER'S NAME

LAXMI LODGING FLORIDA LLC

OWNER'S ADDRESS

103 S GODLEY STATION BLVD
STE 201
POOLER GA 31322

PROPERTY DESCRIPTION

EVANS JAMES HMSTD
BLK 6 PB1/23
AS DESC IN INST# 2018-158035

DOR CODE	39 - HOTELS, MOTELS
NBHD CODE	55-205.9 DOWNTOWN AREA REDEV

BUILDING CHARACTERISTICS

ELEMENT CODE TYPE / DESCRIPTION / VALUE

STORIES		9.0
BEDROOMS		0
BATHROOMS		225.0
EXTERIOR WALL	17	CB STUCCO
EXTERIOR WALL	0	NONE
ROOF STRUCTURE	12	REINFORCED CONCRETE
ROOF COVER	4	BUILD UP TAR AND G
INTERIOR WALL	5	DRYWALL
INTERIOR WALL	0	NONE
INTERIOR FLOOR	11	CERAMIC CLAY TILE
INTERIOR FLOOR	0	NONE
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	4	ROOF TOP
QUALITY	5.0000	EXCELLENT
LIVING UNITS	LVGU	1.00

BUILDING SUBAREA DETAIL

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

BALCONY	2009	54	20	10	2,051
BALCONY	2009	2,135	20	428	87,783
BAR AVERAGE	2009	738	110	812	166,541
BASE	2009	2,117	100	2,117	434,197
CATHEDRAL FLOOR AREA	2009	2,823	130	3,669	752,512
FINISHED ENCLOSED PORCH	2009	93	70	65	13,332
FINISHED OPEN PORCH	2009	251	20	51	10,460
FINISHED OPEN PORCH	2009	1,258	20	252	51,685
FINISHED UPPER STORY	2009	203	100	203	41,635
FINISHED UPPER STORY	2009	6,391	100	6,391	1,310,794
FINISHED UPPER STORY	2009	2,077	100	2,077	425,993
FINISHED UPPER STORY	2009	2,077	100	2,077	425,993
FINISHED UPPER STORY	2009	2,077	100	2,077	425,993
FINISHED UPPER STORY	2009	2,077	100	2,077	425,993
FINISHED UPPER STORY	2009	2,077	100	2,077	425,993
FINISHED UPPER STORY	2009	2,077	100	2,077	425,993
TOTALS		33,685		29,049	5,957,950

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	53748.00	2.40	1.00	B	2009	2.00	0.72	-	92,877
2	POOL C	POOL - COMMERCIAL	0.00	0.00	354.00	129.00	1.00	B	2009	2.00	0.72	-	32,880
3	ELEV P	ELEVATOR - PASSENGER	0.00	0.00	9.00	23,400.00	1.00	B	2009	2.00	0.72	-	151,632
4	ELEV P	ELEVATOR - PASSENGER	0.00	0.00	9.00	23,400.00	1.00	B	2009	2.00	0.72	-	151,632







TOTAL OF EXTRA FEATURE VALUES													429,021

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

TYPE

UNIT PRICE

UNITS

TOTAL ADJ

CAP

EVAL NOTES

3910

HOTEL

U-CTR

1.00

45.00

7,299.00

1.00

TOTAL OF LAND LINE VALUES

328,455

FOLIO ID: 10586330 STRAP: 13-44-24-P4-00406.001C

CARD 1 of 1

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
1.75	167.43	293.00	29,049	8,511,357	70%	5,957,950

IMP TYPE

47 - Hotel/Motel - High Rise

MODEL

7 - APT/HOTEL/CLUBS

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE
2018000158035	6/27/2018	01	37	I	9,325,000

VALUE SUMMARY	Current Values	2024
BUILDING COST VALUE	5,957,950	5,957,950
BUILDING EXTRA FEATURES	429,021	429,021
LAND EXTRA FEATURES	*	*
LAND VALUE	328,455	328,455
COST APPROACH VALUE	6,715,426	6,715,426
INCOME APPROACH VALUE	5,809,701	5,809,701
SALES APPROACH VALUE	5,809,701	5,809,701
MARKET VALUE	5,809,701	5,809,701