MULTI-FAMILY 10 OR MORE Cost Card for 10587963

LEE COUNTY PROPERTY APPRAISER GENERATED ON 12/17/2025 4:54 AM Current Working Values

SITE ADDRESS

2771 ROYAL PALM AVE

OWNER'S NAME

10 FIGURE DEVELOPMENT LLC

OWNER'S ADDRESS

209 HANCOCK CT
SAFETY HARBOR FL 34695

PROPERTY DESCRIPTION

PINEHURST ADDN TO
BLK E PB 7 PG 3
LOTS 6 + 7 +
LOTS 10 THRU 12

DOR CODE	03 - MULTI-FAMILY 10 OR MORE
NBHD CODE	55-206.0 FOWLER N OF HANSON

BUILDING CHARACTERISTICS

ELEMENT CODE TYPE / DESCRIPTION / VALUE

STORIES		3.0
BEDROOMS		33
BATHROOMS		33.0
EXTERIOR WALL	10	HARDI/LOG/FSP
EXTERIOR WALL	0	NONE
ROOF STRUCTURE	4	WOOD TRUSS
ROOF COVER	3	ASPHALT OR COMPOSITION
INTERIOR WALL	5	DRYWALL
INTERIOR WALL	0	NONE
INTERIOR FLOOR	9	PINE/LAMINATE/LUXURY VINYL
INTERIOR FLOOR	0	NONE
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	3	CENTRAL
QUALITY	2.0000	BELOW AVERAGE
LIVING UNITS	LVGU	33.00

BUILDING SUBAREA DETAIL

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

BASE	2023	8,386	100	8,386	1,022,824
FINISHED OPEN PORCH	2023	1,520	20	304	37,078
FINISHED OPEN PORCH	2023	1,520	20	304	37,078
FINISHED OPEN PORCH	2023	1,520	20	304	37,078
FINISHED UPPER STORY	2023	8,386	100	8,386	1,022,824
FINISHED UPPER STORY	2023	8,386	100	8,386	1,022,824
FINISHED UTILITY	2023	67	50	34	4,147
FINISHED UTILITY	2023	67	50	34	4,147
FINISHED UTILITY	2023	67	50	34	4,147







TOTALS		29,919		26,172	3,192,146

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	12820.00	4.00	1.00	L	2023	2.00	0.98	-	50,254
2	WALL CB	WALL - CONCRETE BLOCK	6.00	40.00	240.00	14.15	1.00	L	2023	2.00	0.98	-	3,328
3	SLAB	SLAB - CONCRETE	0.00	0.00	260.00	6.93	1.00	L	2023	2.00	0.98	-	1,766
4	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	29920.00	2.40	1.00	B	2023	2.00	0.98	-	70,372
5	FNC AL6	FENCE - ALUM/VINYL - 6 FEET	0.00	1.00	233.00	51.00	1.00	L	2023	2.00	0.98	-	11,645






TOTAL OF EXTRA FEATURE VALUES													137,365

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

TYPE

UNIT PRICE

UNITS

TOTAL ADJ

CAP

EVAL NOTES

300

MF 10 OR MORE

1.00

8.86

39,280.00

1.00

TOTAL OF LAND LINE VALUES

348,021

FOLIO ID: 10587963 STRAP: 24-44-24-P3-0260E.0100

CARD 1 of 1

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.88	140.00	123.20	26,172	3,224,390	99%	3,192,146

IMP TYPE

23 - Apartment Building

MODEL

7 - APT/HOTEL/CLUBS

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE
2020000268913	10/30/2020	01	01	V	350,000

VALUE SUMMARY	Current Values	2025
BUILDING COST VALUE	3,192,146	3,192,146
BUILDING EXTRA FEATURES	70,372	70,372
LAND EXTRA FEATURES	66,993	66,993
LAND VALUE	348,021	348,021
COST APPROACH VALUE	3,677,532	3,677,532
INCOME APPROACH VALUE	3,628,616	3,628,616
SALES APPROACH VALUE	3,628,616	3,628,616
MARKET VALUE	3,628,616	3,628,616