LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/13/2025 11:00 PM Current Working Values
SITE ADDRESS
1025/1031 SANTA BARBARA BLVD
OWNER'S NAME
OVADIA HOLDING GROUP INC
OWNER'S ADDRESS
4800 N FEDERAL HWY #D-204
BOCA RATON FL 33431
PROPERTY DESCRIPTION
CAPE CORAL UNIT 24
PB 14 PG 66
BLK 1026 LOTS 3 THRU 14 +
BLK 1027 LOTS 8 THRU 15 +
E 35.09 FT LOT 7 + VAC 2978/2258
LESS ROW INST# 2008000101755
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
58-203.0
WEST CAPE CORAL
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 9 RIGID FRAME W/BAR
ROOF COVER 12 MODULAR METAL\SHINGLE
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 3.0000 AVERAGE
UNITS IN BUILDING UNITS 7.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2008 6,696 100 6,696   508,875
CANOPY 2008 786 30 234   17,783
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 7,482 6,930 526,658
          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 37420.00 4.00 1.00 L 2008 2.00 0.68 - 101,782
2 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 180.00 18.92 1.00 L 2008 2.00 0.68 - 2,316
3 SLAB SLAB - CONCRETE 0.00 0.00 108.00 6.93 1.00 L 2008 2.00 0.68 - 509
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 104,607
                  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 C 0 0 1.00 1.00 0 20.00 87,195.00 SF 1.00 - DB
2 9400 RIGHT OF WAY C 0 0 1.00 1.00 0 1,000.00 0.24 AC 1.00 - JH
3 1000 VAC COMM C 0 0 1.00 1.00 0 8.00 10,000.00 SF 1.00 - RB
4 1000 VAC COMM C 0 0 1.00 1.00 0 8.00 10,000.00 SF 1.00 - RB
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,904,140
FOLIO ID: 10588911 STRAP: 24-44-23-C1-01026.0030
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.88 127.00 111.76 6,930 774,497 68% 526,658
IMP TYPE 38 - Shopping Center - Neighborhood MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2024000233021 7/11/2024 01 01 I 3,600,000
2020000027207 1/17/2020 01 01 I 2,930,000
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 1,627,895 1,879,047
BUILDING EXTRA FEATURES 22,848 23,520
LAND EXTRA FEATURES 120,566 124,112
LAND VALUE 1,904,140 1,904,140
COST APPROACH VALUE 3,675,449 3,930,819
INCOME APPROACH VALUE 4,005,428 3,477,497
SALES APPROACH VALUE 3,278,166 3,477,497
MARKET VALUE 3,278,166 3,477,497
LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/13/2025 11:00 PM Current Working Values
SITE ADDRESS
1025/1031 SANTA BARBARA BLVD
OWNER'S NAME
OVADIA HOLDING GROUP INC
OWNER'S ADDRESS
4800 N FEDERAL HWY #D-204
BOCA RATON FL 33431
PROPERTY DESCRIPTION
CAPE CORAL UNIT 24
PB 14 PG 66
BLK 1026 LOTS 3 THRU 14 +
BLK 1027 LOTS 8 THRU 15 +
E 35.09 FT LOT 7 + VAC 2978/2258
LESS ROW INST# 2008000101755
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
58-203.0
WEST CAPE CORAL
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 9 RIGID FRAME W/BAR
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 10.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2008 9,800 100 9,800   719,379
FINISHED OPEN PORCH 2008 1,939 30 582   42,722
RESTAURANT - AVERAGE 2008 4,200 110 4,620   339,136
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 15,939 15,002 1,101,237
          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 14000.00 2.40 1.00 B 2008 2.00 0.68 - 22,848
2 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 1184.00 18.92 1.00 L 2008 2.00 0.68 - 15,233
3 SLAB SLAB - CONCRETE 0.00 0.00 154.00 6.93 1.00 L 2008 2.00 0.68 - 726
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 38,807
                  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 C 0 0 1.00 1.00 0 20.00 87,195.00 SF 1.00 - DB
2 9400 RIGHT OF WAY C 0 0 1.00 1.00 0 1,000.00 0.24 AC 1.00 - JH
3 1000 VAC COMM C 0 0 1.00 1.00 0 8.00 10,000.00 SF 1.00 - RB
4 1000 VAC COMM C 0 0 1.00 1.00 0 8.00 10,000.00 SF 1.00 - RB
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,904,140
FOLIO ID: 10588911 STRAP: 24-44-23-C1-01026.0030
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.85 127.00 107.95 15,002 1,619,466 68% 1,101,237
IMP TYPE 38 - Shopping Center - Neighborhood MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024